Expand mobile version menu
  Skip to main content

Petroleum Engineer

salary graphic

AVG. SALARY

$144,160

education graphic

EDUCATION

Bachelor's degree

job outlook graphic

JOB OUTLOOK

Increasing

Real-Life Activities

Real-Life Decision Making -- Solution

You continue to search for a solution to save the $10-million operation.

You have already spent more than $13 million searching for a solution. It doesn't seem to make sense to stop now. You hire more experts to help fix the problem.

Nothing seems to work. But you don't want to give up.

This unwillingness to admit defeat is a trap that engineers can fall into. At some point it doesn't make financial sense to continue tackling a problem.

You work for another 30 days, and by this time you are getting close to spending the total budget for the oil well. Company executives are getting nervous. You have still found nothing to fix the problem, and admit that the drilling must stop.


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.