From an Indian student's perspective:
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However, once ice-broken into the Petroleum Industry, one can have a wide range
of options from drilling to production to reservoir to facilities. He/she do faces competitions from candidates of other disciplines like mechanical, civil, chemical
etc especially in drilling, production and facilities. However, as
Petroleum Engineers are especially trained for the oil industry itself, it is
easy to excel. One can command a highly paid, technically satisfying career in the industry.
Future-wise, I do not see any threat in the foreseeable future. As
long as petroleum is not significantly replaced by other sources of energy,
petroleum engineers will be in demand. Rather, as natural resources shrinks and
demands expands, I foresee demands growing exponentially --- more so for expertise in areas like EOR, maginal fields and unconventional reserves.
In conclusion, I strongly recommend one to pursue
petroleum engineer as a career.
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