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What You'll Do: For petroleum engineers, the major concern is locating and extracting the petroleum. The job may take you to remote oil rigs in the middle of an ocean or to a foreign land across the world from home. Locating the fossil fuels requires using high-tech instruments to find reserves. You may be involved with the design and production of some of these technologies.

Once you've found a petroleum source, heavy drilling equipment will be needed to get through layers of tough rock so the petroleum is accessible. The key is to find the most cost-effective way of getting the fossil fuels out, and it may involve using a variety of extraction methods including water, gas, and steam pressure or chemical combinations to force the petroleum out of the well. It will be your task to determine which methods are most suitable for the situation at hand.

You may also find yourself overseeing drilling operations, planning and scheduling them, maintaining and testing the drilling equipment, or inspecting the potential drilling grounds to see if they are safe. You will be expected to be familiar with computers and various electronics that aid in the overall process.

Education and Training: This job requires a four-year degree in an engineering-based program. Completion of a bachelor's degree in petroleum engineering is highly desired, although many employers will hire those with other engineering degrees. Internships and field-related work experience also increase the chances of landing a job.

When it comes to skills, mathematics and natural sciences should be your strong points. You will be expected to have strong critical-thinking abilities, lots of creativity, and be a productive member of a team.

The Future: The Petroleum Engineering profession is expected to grow at about 17% through 2020. Oil prices will be a factor in determining the growth in the number of jobs; higher prices will generally lead to increased employment as oil companies attempt increasingly complex operations to satisfy demand.

The Pay: The U.S. Bureau of Labor Statistics reports a median annual wage of $114,000 for 2010; the top 10% earned more than $166,000.

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