Oil operators should be knowledgeable about the state of the market, the current prices of gas and oil, and which suppliers need how much of their product. Some specialize in trading and selling domestically while others concentrate on overseas dealings. Depending on supply and demand of crude and natural oil, prices will fluctuate, and oil operators must have expert knowledge of these components.
Operators use various pieces of machinery to tap into fuel, such as rigs, derricks, and rotary drills, along with platforms to access oil. They may also do trading, selling, distributing, and buying. Whether bound for home heating oil, pipelines, or gas stations, petroleum production is big business. Oil operators contract with other companies for the long-term to provide them with the gas and oil they need for energy form their wells.
One type of professional in the oil operation or refinery business is the engineer. Petroleum engineers oversee operations of the oil operating business, making sure workers are doing their jobs according to code in the field. They are also usually involved in the design and implementation of various offshore and onshore rigs for the company. Oil operators should strive to deliver a competitive and sustainable rate of return to all types of customers, such as oil and gas investors. As such, they should provide quality developing, acquiring and exploring services for these resources. Capabilities may include 3-D and 4-D seismic oil and gas exploration data repositories, application of the latest technologies, and dedication to oil and gas recovery.
From management of offshore rigs to detailed knowledge of the petroleum industry, oil operators play a vital role in the world economy.