It has been estimated that in the coming decades, the energy consumption will spike by 50% globally. The dominant reason behind the spurt is the growth in the industry. Though the domestic demand is small it is not negligible. Since the traditional source of energy has been oil and petroleum the field of Petroleum Engineering has emerged as the core component of the energy industry.
Petroleum engineering concerns itself with the exploration and production of petroleum and hydrocarbons such as crude oil and natural gas. Petroleum engineering requires knowledge of disciplines that range over geophysics, geological formation evaluation, petroleum chemistry, reservoir simulation, mechanics and economics.
The ever proliferating global industrialization has made petroleum engineering the fastest growing sector the world over. The U.S. Bureau of Labor Statistics (BLS) reports an increase of 26% between 2012 and 2022 in sectors related to petroleum engineering. Accordingly a study reveals that in the near future the energy industry requires 6,180 trained geoscientists for exploration tasks in petroleum engineering. By 2019, around 36,000 trained personnel would be needed for upstream (oil-gas exploration) and downstream (refining) tasks of petroleum engineering.
Petroleum Engineering is a vast field with a number of specialized sub-disciplines. Completions engineers are entrusted with the optimization of well construction. Their work involves tubing, hydraulics, fluid-gas dynamics and control techniques. The Drilling engineers are responsible for the drilling of oil or gas wells. Their basic task is to make the process cost efficient, safety, efficiency and environmental feasibility. The Production engineers work on the process of oil and gas itself monitoring the process of production. They aim to maintain the constant and efficient supply of oil and gas and find ways to increase the overall extraction. Reservoir engineers work to study the oil and gas reserves and thereby estimate the amount of oil or gas that can be can be recovered from. They study reservoir characteristics to determine the best ways to optimize production. Apart from the engineering profiles there are a number of profiles allied to petroleum engineering which includes geoscientists, drillers and managers.
Quantum School of Technology, top Engineering College in Uttarakhand plans to introduce graduates program in petroleum engineering from the year 2017. This is a grand move to synchronize the demand of petroleum engineering professionals and the growing dependence of world economy on the petroleum engineering sector. Quantum School of Technology is already an established name in technical education. Quantum School of Technology, ranked no. 2among the top Engineering colleges by IMRB, has the right credentials to launch a world class program in petroleum engineering. The Big Brands Research has awarded Quantum School of Technology as ‘The Most Promising Engineering College of North India’ in an extensive survey thus giving reason to the study petroleum engineering. Career360 magazine recognizes Quantum School of Technology amongst the top Engineering College in India and any student who enrolls here to study petroleum engineering is assured of a world class career.
According to recent reports a petroleum engineering professional can command remuneration as high asRS 825,414 every year in India. Moreover, a person with a degree in petroleum engineering, working at the international level can earn much more. One of the great advantages of earning a degree in petroleum engineering is that it may open doors to overseas postings with foreign travel. Thus a degree in petroleum engineering offers aspirants much more than just a hefty pay package or career growth. Come and join Quantum School of Technology for a fulfilling career in petroleum engineering.
