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Petroleum Engineer

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AVG. SALARY

$113,960

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Increasing

Real-Life Activities

Real-Life Math

You are an exploitation engineer looking over preliminary studies from an area where you are planning to build an oil well. If you think the oil well can produce enough petroleum, you will recommend that the company go ahead and build the well.

"There's a lot of uncertainty involved and it becomes what we call 'stochastic' or random modeling of those types of things," says Tayfun Babadagli, a professor of petroleum engineering. "The simplest term is probably 'probabilistic' because you can never make sure that the volumes of estimation of the resource and everything is an absolute value... so that takes quite a high level of math."

You hope that an oil well, once in full production, will produce 544 gallons of oil per day. Oil is measured in barrels. One barrel equals 34 gallons. How many barrels of oil can you expect the well to produce in 2 weeks?

The company that you work for wants to use 44 percent of the petroleum products from the well to create gas, 37 percent for oil and 19 percent for other purposes. If 22,000 gallons are produced from the well, how many gallons of this petroleum will be used to produce gas?

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