Do petroleum engineers work in downstream?

Downstream includes petroleum refining and other downstream issues such as transportation, storage, wholesale marketing of oil, retail, sales, distribution and marketing value-add products. Petroleum engineers can specialise and find opportunities in this entire spectrum.

Can a petroleum engineer work in mining?

They’re involved in a project through all phases of mining operations. This includes exploration and discovery of the mineral resource, feasibility studies, mine design, development of plans and production, scheduling, operations, processing and even marketing.

Is petroleum refining upstream or downstream?

After crude oil is discovered and extracted—the upstream process—it’s shipped and transported—the midstream process. Thereafter, the oil is refined, marketed, distributed, and sold, which is the downstream process. However, the refining of crude oil to petroleum products may be conducted in midstream operations.

Is drilling upstream or downstream?

Also called exploration and production (E&P), upstream is farthest from the end-user consumer in the oil & gas supply chain. Upstream activities include exploration, drilling, and extraction. Upstream is followed by midstream (transportation of crude oil) and downstream (refining and distribution) phases.

Is petroleum engineering better than mining engineering?

Based on this criteria, petroleum engineering is better than mining engineering. The prospects for getting jobs in mining engineering is limited and even growth aspects after a few years of experience may be limited. Both mining and petroleum engineering are good and depends on your interest.

What is upstream sector in petroleum industry?

This category is commonly referred to as the exploration and production sector. This involves companies actively searching for underground and underwater sources of crude oil and natural gas.

What is a downstream company?

Companies in the downstream sector are those that provide the closest link to everyday users. After crude oil is discovered and extracted—the upstream process—it’s shipped and transported—the midstream process. Thereafter, the oil is refined, marketed, distributed, and sold, which is the downstream process.

What can you do with a petroleum engineering degree?

Petroleum engineering is a degree that’s highly sought by oil companies, as these grads typically have solid backgrounds in both math and science. The oil industry is also hiring chemical engineers, geologists, and mechanical engineers.

What kind of engineers work in the oil and gas industry?

The oil industry is also hiring chemical engineers, geologists, and mechanical engineers. When prospective students contemplate earning degrees to propel them into the oil and gas business, a petroleum engineering major is the first consideration for many.

Why is petroleum engineering not an exact science?

Petroleum engineering is not an exact science. Precise reservoir boundaries are often unknown, PVT samples are few and far between, recovery mechanisms are sometimes unclear, and original and current oil in place is determined probabilistically. The fact is, it wouldn’t be economical to collect all of the data to make it an exact science.

What degree do you need to work in the oil industry?

Some universities, such as Purdue University, offer 5 or 6-year programs that award a student a bachelor’s and master’s degrees. In addition to these top degrees, oil companies hire graduates with specialties in other fields, including civil engineering, mathematics, and physics.