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Oil Rig Engineer Jobs in Dallas, TX (NOW HIRING)

Hawk Group

Pipeline Tech I

Fort Worth, TX · On-site

$25 - $34/hr

Rig Up is where the best workers power the world's most successful projects. We are united by a ... We are seeking a Pipeline Technician to support upstream oil and gas operations in the Barnett ...

All JobsOil Rig Engineer JobsOil Rig Engineer Jobs in Dallas, TX

Oil Rig Engineer information

See Dallas, TX salary details

$59.1K

$110.9K

$201.7K

How much do oil rig engineer jobs pay per year?

As of Aug 12, 2026, the average yearly pay for oil rig engineer in Dallas, TX is $110,900.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,000.00 and $131,600.00 per year, depending on experience, location, and employer.

What does an oil rig engineer do?

An Oil Rig Engineer is responsible for designing, maintaining, and overseeing the operation of equipment and systems used in the extraction of oil and gas from beneath the earth’s surface. They ensure that drilling processes are conducted safely, efficiently, and in compliance with environmental regulations. Their work often involves problem-solving on-site, coordinating with other engineers and technicians, and implementing new technologies to optimize production. Oil Rig Engineers may work offshore for extended periods and must be prepared for challenging and dynamic work environments.

How to get an oil rig engineer job?

To become an oil rig engineer, candidates typically need a bachelor's degree in petroleum engineering, mechanical engineering, or a related field. Relevant experience, strong technical skills, and certifications such as H2S safety training or offshore survival are often required, along with the ability to work in challenging offshore environments and adhere to safety regulations.

What are the key skills and qualifications needed to thrive as an oil rig engineer?

To thrive as an Oil Rig Engineer, you need a strong background in mechanical, petroleum, or chemical engineering, often supported by a relevant engineering degree and industry certifications like IWCF or Well Control. Familiarity with drilling software, rig monitoring systems, and safety management tools is typically required. Strong problem-solving, teamwork, and communication skills are essential for managing complex operations and working in challenging environments. These skills and qualifications are critical to ensure safe, efficient drilling processes and minimize operational risks on the rig.

What is the difference between Oil Rig Engineer vs Drilling Engineer?

AspectOil Rig EngineerDrilling Engineer
CredentialsBachelor's in Engineering, certifications in safety and drilling technologyBachelor's in Petroleum or Mechanical Engineering, similar certifications
Work EnvironmentOn offshore oil rigs, overseeing operations and safetyOnshore or offshore, planning and managing drilling operations
Employer & Industry UsageOil companies, drilling contractors, offshore platformsOil companies, drilling service companies, exploration firms

Oil Rig Engineers focus on the operation and safety of offshore rigs, while Drilling Engineers plan and execute drilling projects. Both roles require similar credentials and often work in overlapping environments, but their core responsibilities differ in scope and focus.

What are some typical challenges oil rig engineers face when working offshore, and how can they prepare for them?

Oil Rig Engineers working offshore often encounter challenges such as adapting to extended periods away from home, unpredictable weather conditions, and the need to quickly solve technical problems in a high-pressure environment. They must be prepared to work long shifts and collaborate closely with multidisciplinary teams to ensure safety and efficiency. To succeed, candidates should focus on developing strong problem-solving skills, adaptability, and effective communication, as well as staying up-to-date with the latest safety protocols and industry technologies.
What are popular job titles related to Oil Rig Engineer jobs in Dallas, TX? For Oil Rig Engineer jobs in Dallas, TX, the most frequently searched job titles are:
What job categories do people searching Oil Rig Engineer jobs in Dallas, TX look for? The top searched job categories for Oil Rig Engineer jobs in Dallas, TX are:
What cities near Dallas, TX are hiring for Oil Rig Engineer jobs? Cities near Dallas, TX with the most Oil Rig Engineer job openings:
Oil Rig Engineer jobs near you
Infographic showing various Oil Rig Engineer job openings in Dallas, TX as of August 2026, with employment types broken down into 92% Full Time, 3% Part Time, and 5% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $110,900 per year, or $53.3 per hour.

Associate, Reservoir Engineer - Investment Banking

Stephens

Dallas, TX • On-site

Full-time

Posted 9 days ago

Job description

SUMMARY
Title: Associate, Reservoir Engineer - Investment Banking
Group: Energy - Acquisition & Divestiture
Location: Dallas
WHY STEPHENS
Founded in 1933, Stephens is a privately held, family-owned financial services firm built on long-term relationships, independent thinking and a commitment to earning our clients' trust. For generations, Stephens has helped clients navigate changing markets, pursue opportunities and develop thoughtful financial solutions that create lasting value. Our approach is grounded in long-term relationships, not one-time transactions. With offices in strategic locations across the U.S. and Europe, we provide objective advice and precise execution on the full array of investment banking services:
  • Advising on mergers and acquisitions, public and private debt and equity capital raising, restructurings, recapitalizations and other strategic transactions.
  • Providing clients with insights into how historical trends, current developments and industry dynamics are shaping opportunities across a variety of sectors and subsectors.
  • Serving public, private and family-owned businesses, as well as financial sponsors, family offices and other institutional investors.

At Stephens, bankers build their careers in a collaborative environment that values sound judgment, initiative, integrity and a commitment to client outcomes. For candidates who want to be challenged, contribute to meaningful client work and grow within a stable, relationship-driven platform, Stephens offers a place to build a meaningful investment banking career over the long term.
ENERGY: EXPLORATION & PRODUCTION
Our Exploration & Production team has a long history of providing M&A, A&D, capital raising and capital solutions for companies active in oil & gas exploration and production. Our senior bankers combine strong technical expertise with deep relationships among key strategic buyers, equity and debt private capital sources, and family offices most active in the space. Clients often seek out our highly experienced team for specialized solutions and an owner-oriented perspective.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Execution
  • Technical evaluation of client oil & gas assets using industry standard economics software (e.g. ComboCurve, ARIES, or PHDWin) as well as commonly used software such as the MS Office Suite
    • Prior experience with decline curve analysis required; familiarity with other forecasting methods helpful but not required
    • Ability to generate/manage evaluation databases and economic forecasts
  • Working with senior members of the team, assist in development of key marketing materials and execution of mandates
    • Key client reviews (e.g. review of PDP forecasts, type curves, LOS model, etc)
    • Confidential Information Memoranda / data room presentations
    • Population of virtual data rooms
    • Contribution to/participation in presentations
    • Following up on external party Q&A
  • Attending internal and external project meetings as required. The right candidate will eventually develop the ability to lead these meetings
  • Assist with miscellaneous technical project-related duties as required

Business Development
  • Assist with development of new business activities across a variety of investment banking products with emphasis on sell-side A&D pitches
  • Writing of technical portions of pitch books
  • Attend pitch meetings

QUALIFICATIONS:
  • 2+ years of Petroleum Engineering Experience at an investment bank, third-party engineering firm, or operating/non-operating/minerals company with substantial experience conducting A&D valuations.
  • Engineering undergraduate degree is required
  • Graduate technical or business degree a plus
  • High level of economic understanding of producing and development field economics:
    • Fundamentals of a discounted cash flow: capex, opex, discount rates, LOE, basis differential, price deck, rig schedules, type curve inputs, & economic limit
  • Computer skills:
    • Deep understanding of Microsoft Office, especially Excel and Access, is required
    • ComboCurve, ARIES and/or PHDWin experience required
    • Experience developing custom tools assisted by AI is a plus
    • Experience with Enverus Prism a plus; IHS or others acceptable

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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