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Topic: Cultivating the "Green Tsunami"
Speaker: Delia Ortiz, Occidental Petroleum Corp.
Date: Thursday, June 20, 2013 @ 11:30AM
Location: The Petroleum Club, 12th Floor, 5060 California Ave, Bakersfield
Cost: With online payment or RSVP: $20 members, $25 non-members (Walk-ins: $25 members, $30 non-members)
RSVP by Tuesday morning May 14th using one of the three options:
- Paypal Link Above
- Email: Pamela Willis at PTWillis@aeraenergy.com
- Call: 661-665-5449
Walk-ins and attendees with email/phone RSVP must pay by cash at the door. Sorry, no credit cards accepted at the door. RSVP no shows may be billed.
For decades the alarm has been sounded regarding the exit of experienced technical talent from the O&G industry in what has been coined as the “Gray Tsunami”. The expected retirement of professionals who entered the industry in the ’80s, combined with the lack of hiring in the ’90 was to create a catastrophic work force shortage starting in 2010. The industry reacted by increasing university, non-traditional and military recruitment programs, as well as encouraging the workforce to delay retirement with long term incentive programs. It now looks like these efforts were more than successful. According to the US Bureau of Labor Statistics, in 2010 there were 30,200 Petroleum Engineering jobs with projected growth rate 17% through 2020. Although this rate is higher than the average, the promise of high starting salaries for new Petroleum Engineering graduates has students flooding university programs. Universities report over 1300 students will graduate from undergraduate programs in 2013, and expect that this number will only increase. Based on these estimates the number of Petroleum Engineers could outpace the market demand by over 1000 graduates each year by 2016. Come learn about the window of opportunity that this “green tsunami” could bring the oil and gas industry to cultivate a higher quality workforce.
Delia Ortiz is the Talent Acquisitions Supervisor for Occidental Petroleum Corp. overseeing experienced hire recruitment for all California operations. She entered the Oil and Gas industry 5 years ago and is involved in all aspects of the recruiting process including conference recruitment, social media networking, and third-party recruitment outsourcing.