1993 U.S. Petroleum Engineering Manpower Supply and Demand
- R.A. Wattenbarger (Texas A&M U.) | Steven Morriss (U. of Texas)
- Document ID
- Society of Petroleum Engineers
- Journal of Petroleum Technology
- Publication Date
- July 1994
- Document Type
- Journal Paper
- 616 - 619
- 1994. Society of Petroleum Engineers
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The SPE Manpower Committee's U.S. surveys show that large companies will decrease their hiring while small companies and service companies will increase their hiring of engineers. During 1992-93, only about 65% of graduating petroleum engineering students were known to have jobs. Another finding is that, overall, new U.S. SPE membership is decreasing, while non-U.S. membership is increasing.
Each year, the SPE Manpower Committee reports on the results of petroleum engineering manpower supply and demand surveys to inform SPE members about hiring patterns of engineers in the petroleum industry and the supply of graduates from U.S. petroleum engineering schools.
The 1993 demand survey was sent to selected employers of petroleum engineering graduates, including large and small producing companies and service companies. Only 19 companies responded with usable surveys, compared with 26 usable surveys returned last year (see Table 1). Companies were asked to report on four items: total engineering graduates employed at year-end, petroleum engineering graduates employed at year-end, total engineering graduates hired on campus, and petroleum engineering graduates hired on campus.
For each item, companies reported an actual figure for 1992 and forecasted values for 1993-95. Forecasted figures included estimates for high, low, and most likely scenarios for 1994-95. Table 1 compares this year's demand survey response with last year's response.
The 1992-93 supply survey was sent to all petroleum engineering schools in the U.S., including those offering petroleum engineering options within other degree programs. Like last year, 20 schools responded to the survey. This response represents about 90% of the petroleum engineering enrollment in the U.S.
For the 1992-93 (actual) and 1993-94 and 1994-95 (forecast) academic years, each school reported (1) BS-, MS-, and PhD-degree graduates, total and those seeking employment, and (2) employment of 1992-93 graduates by type of employer. It was assumed that the 1992-93 academic year graduates would be hired in the 1993 calendar year, and so on. Students not seeking employment included international students returning home and students entering graduate school or the military.
Producing companies responding to the demand survey were divided into large-company and small-company groups on the basis of their engineering employment. Companies employing 150 or more engineers were considered large companies. This group corresponds to the top 13 oil and gas producers on the basis of equivalent U.S. daily oil production. The "top 13" group accounts for about 84% of U.S. production. Seven usable responses were obtained from this group, representing a total engineering employment of 4,007 at year-end 1993.
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