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Rules and Guidelines:

1. Participant must be currently enrolled as an undergraduate university student


2. Submissions must be new original and individual work that has not been
previously published
3. There is no registration fee
4. All submissions must be received before May 8, 2017 at 17.00 WIB
5. The theme of the article is: “Why Oil and Gas Field is Still Promising?”,
participant may submit an article with different title
6. Article format:
 Article must be written in English
 Write your article in Microsoft Word
 A4 paper
 Font Times New Roman, size 12pt
 1,15 spacing
 Margins size: 3 for top, bottom, left, and right
 Minimum 2 pages, maximum 3 pages
 Below we attach the Pre-Read which has the same format for the article
submission
7. Submit your article to: prof.speuisc@gmail.com with the subject Writing
Competition_Name_Batch_Major_University (example: Writing
Competition_Calvin Satria_2017_Chemical Engineering_University of
Indonesia)
8. Winners will be announced on May 9, 2017 at 15.00 – 18.00 WIB on Softskill
Training and Member Gathering Oil Week 2018 in Chevron Room, Faculty of
Engineering, University of Indonesia
9. If you have any questions, please contact:
 Luthfiya Naifa (LINE: lthfiya/ 081318753896)
 Marosta Widigarka (LINE: marostawidigarka/ 087877634735)
Why Oil and Gas Field is Still Promising?

During recent times, we might hear the trend of leaving oil and gas industry due to
the falling of oil price in 2015. Some oil and gas employees decided to move to other
field of work that they thought might have a brighter future such as I.T and food tech.
Here are the reasons that this is not the time for us to leave oil and gas industry. This is
not implying of people who were laid off or forced to resign from their jobs, that is a
different and unfortunate situation, it could happen to any of us regardless of their field
of work.

When oil first began flirting with a $40 a barrel price point, many believed that it
would spell doom for the oil and gas industry, but oil and natural gas are actually
increasing steadily in demand. There is always going to be a market for oil and gas. The
lower per barrel prices have been created by a flooding of the market with cheap crude
oil; it's an artificial low. The demand will always be present and will, in fact, ramp up. In
the case of natural gas, the low prices have actually led to an increase of natural gas and
a decrease of coal throughout the globe.

As the prices have gone down, many countries have focused on reducing the costs
of their oil production. This has actually made it possible to sell oil and natural gas at a
lower cost with a profit. Though some countries and companies may be suffering now,
innovation has been paving the way for more efficient methods of recovering oil. There
are extensive oil and gas reserves throughout the globe now, and the resource is in no
danger of running out; it's only a matter of recovering it as quickly and efficiently as
possible. There are many consumers of oil that have no resources of their own; most
notably China.

The world oil demand is expected to increase significantly from 88.9 million barrels
per day (Mbph) to 108.5 Mbph in 2035. The consumption rate in Asia-Pacific itself
reached 88% of the global needs of the world. While the capacity of oil refineries installed
in Indonesia is only 1.15 Mbph or 181.578.000 liters per day. It is the lowest capacity of
the Asian countries, while there is no refinery capacity development until 2025. Currently,
the downstream industry of oil and gas in Indonesia is highly dependent on imports of
fuel from abroad. Therefore, Pertamina refinery only process crude oil approximately
852,000 barrels per day (bpd). Meanwhile, fuel consumption in Indonesia is above 1.5
million bpd. It is estimated that fuel demand will reach 2 million bpd by 2025.

The cycle of oil and gas work is quite unique from any other field of work. For
example, the offshore technician must stay offshore for 5 months in a year and have the
rest of the year free with regular high monthly paycheck. Oil and gas careers provide
great pay. Even the roughneck, or general laborer, makes $200 to $400 a day. If you are
a chemical or petroleum engineer or possess an engineering or other technical degree,
your pay could easily exceed $100,000 a year at the beginning of your career on an oil
rig. Generally, oil rig workers make $40,000 to $200,000 a year, and there is high
potential for pay increases, bonuses, and other incentives depending upon when and
where you work. It’s not only about the income that matters, the tough working cycle
makes the best out of a man’s life because they will appreciate easy and sunny days more
after the storm they had encountered.

Consider every challenge from oil and gas field is an opportunity to self-develop.
We all know that there is no other line of work that is harder than oil and gas; because of
that, this type of career gives you back the values of being a greater person every day. It’s
a noble and critical job to bring energy from the earth to everyone’s life; therefore, it
requires a great person. While the other employees are running away from this industry,
this is the right time for us to take over of we’ve all been passion about. People with great
hearts taking this industry during hard times are the best kind of leaders. With higher
experiences, good at both soft and hard skills in this industry, we will take back the
greatness of oil and gas ever again.

In conclusion, there are many reasons why oil and gas industry is still promising.
Increasing supply and field is one of them. But the most important of all, there’s also a
valuable experience that we might get from not turning down oil and gas.
Sources

Drillers. 2018. This is Not the Time to Quit the Oil & Gas or Energy Industry... - Drillers.
[ONLINE] Available at: https://drillers.com/not-time-quit-oil-gas-energy-industry/.
[Accessed 01 May 2018].

Why we will still need oil and gas in the future. 2018. Why we will still need oil and gas
in the future. [ONLINE] Available at: https://phys.org/news/2016-02-oil-gas-future.html.
[Accessed 01 May 2018].

OilPrice.com. 2018. The Most Promising Oil and Gas Companies of 2018. [ONLINE]
Available at: https://www.prnewswire.com/news-releases/the-most-promising-oil-and-
gas-companies-of-2018-679967953.html. [Accessed 01 May 2018].

Forbes. 2017. The Future Of Oil And Gas? Look To The Past. [ONLINE] Available
at: https://www.forbes.com/sites/uhenergy/2017/01/05/the-future-of-oil-and-gas-look-
to-the-past/2/. [Accessed 2 May 2018].