I’ve had more than a few friends do very well in O&G, riding through a downturn, getting a fat severance, taking a prolonged vacation / working in a smaller company for a few years, then getting hired back when the original company rebuilds.
Schlumberger, in particular, has been through this cycle twice. Exxon has done it on and off for a century. My own firm is the reconstituted remains of Enron, now highly profitable thanks to its stake in the Permian Basin.
Lots of these companies have people who know each other and have worked together for decades.
Stick around for at least five years and you’re the guru who knows everything, so you’ve got job security
Change jobs every five years, because managers love to offer “experienced hires” more than the current actually experienced staff
The Two Genders
You either leave for a better offer, or stay long enough to see yourself become laid off.
I’ve had more than a few friends do very well in O&G, riding through a downturn, getting a fat severance, taking a prolonged vacation / working in a smaller company for a few years, then getting hired back when the original company rebuilds.
Schlumberger, in particular, has been through this cycle twice. Exxon has done it on and off for a century. My own firm is the reconstituted remains of Enron, now highly profitable thanks to its stake in the Permian Basin.
Lots of these companies have people who know each other and have worked together for decades.
Woah woah woah, 5 years? I can’t pretend to be a good worker for that long