Thread regarding Occidental Petroleum Corp. layoffs

Salary?

How much should a petroleum engineer with a PhD and 3 years of experience be making at Oxy?

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| 3671 views | | 14 replies (last October 21, 2021) | Reply
Post ID: @OP+1dcxKL3t

14 replies (most recent on top)

PhD and you come onto a layoff board to ask that? Impressive…

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Post ID: @ekac+1dcxKL3t

Less if the three years experience was school getting your Phd

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Post ID: @cqkq+1dcxKL3t

Unless you are a university professor, philosophy and engineering are incompatible.

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Post ID: @9nvw+1dcxKL3t

I know 2 PhDs from Oxy hired somewhere else for $165k but benefits (especially 401k + pension) are not as good as in Oxy.

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Post ID: @9brt+1dcxKL3t

Phd, Piled Higher n Deeper. If you had any experience you would know.

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Post ID: @7peh+1dcxKL3t

LOL $170K. Nope. Not gonna happen. Have you been paying attention?

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Post ID: @5dpk+1dcxKL3t

If they are paying people 15 dollars an hour to bag groceries they are certainly paying PhD petroleum engineers with 3 years experience at least 170 k per year.

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Post ID: @5fuj+1dcxKL3t

Three years experience isn't a lot. And about 6 years ago, starting salary for MS was around $100k minimum. But it's the other incentives (bonus, LTI, KPI) that really pushes that up. Plus the rate of salary increase. We are in different times now so it's probably lower. I say hang on. Glassdoor has salary surveys but you have to be prepared to share as well.

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Post ID: @5crx+1dcxKL3t

I used to work at at Bally's in The Woodlands in the late 90's, and knew an Anadarko HR manager who said they were hiring petroleum engineers right out of college @ $175k.

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Post ID: @1maj+1dcxKL3t

Get real. 3 years of experience. $110,000 to $120,000.

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Post ID: @1lgf+1dcxKL3t

Do we really have a need for PhDs in Permian? Most of the time your job demands may require the brains of a Bsc but the perseverance of a janitor.

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Post ID: @1rrg+1dcxKL3t

200k is a lot. I'd say 140k to 160k range for base salary.

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Post ID: @cbq+1dcxKL3t

About 200k per year.

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Post ID: @kih+1dcxKL3t

Nothing. That's like having a particle physicist working at McDonalds. Have some ambition for gods sake.

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Post ID: @wre+1dcxKL3t

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