Pros
Great training, good benefits, and the ability to see the world (with the minimal time off you have)
Cons
Most engineers were quite incompetent, and SLB continues to promote the weak. Safety is such a big factor that it almost becomes detrimental to work and the main objective is lost. (Remember nothing ruins fun like safety.) Most engineers are miserable and the moral is low. Everyone talks about when they will quit and what bigger things they will go on to do. You are basically working with the beaten dogs that keep on coming back. There are quite few "good" engineers that stick around because they are the ones that realize they can be making the same money while enjoying life. If you are considering a job or are new, watch the more rigorous disciplines, like MEs and EEs, they are usually the first engineers to quit. Pay is the only real motivator. Any competent engineer would realize the job is quite boring and mundane. Granted the first couple months are exciting, after your training the job is repetitive and insulting to a four year degree engineer.