This industry has been on a steady decline the last 10 years. This year over 8,300 layoffs in this industry compared to 1,300 the same time last year. Word of advice for those with an education and can use your skills somewhere else. Get out
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I'll buy your education and skills for a dollar.
- Scooter
Industry is actually thriving. It’s just CHK… wait Expand that is dying
The industry hires aerospace engineers, chemical engineers, electrical engineers, nuclear engineers, and mechanical engineers instead of petroleum engineers. Then they promote them into management because they don't know ja-----t about petroleum engineering. Experience is measured in years instead of skills. Doing the same thing over and over for 20 years is equivalent to 3 years of experience but these know nothings become the engineering advisors. No wonder the industry is in a downward spiral.
Is dying because the industry has fought innovation tooth and nail, and has fired every last bastion of competence and creativity in the process. Hence, the consequences. A sh-t ton of bad karma, and legions of people that want payback (and they are getting it.... i.e. Teslas..).
Every manager in this industry "has to get it" for them to approve ANYTHING. Plus 60% of middle/upper managers don't have a formal training on the science behind energy. It's always been a bunch of lawyers and accountants thinking there are rivers of oil below the surface, you need open all the chokes all the way, or cheap out on critical processes/professionals.
But don't worry, they'll keep paying dearly to contractors like Schlumbershit, just for them to get a laptop, run an ancient spreadsheet and sp-t a number for them.
GTFO indeed!