Average Salary for ConocoPhillips Company Employees

Operating out of Houston, Texas, petroleum refineries company ConocoPhillips Company employs talent in positions ranging from Petroleum Engineer to Financial Analyst. ConocoPhillips Company employees take home generous earnings of approximately $99K annually on average. The most important factor affecting pay for ConocoPhillips Company employees is your job title, though where you live and how long you've been working play a role as well. This report is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

ConocoPhillips Company typically pays:
above market
Similar employers pay:
above market
Employer: ConocoPhillips Company
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
[-]Petroleum Engineer (9)
$70,126 - $209,602  
[-]Petroleum Engineer (9)
Salary$73,048 - $193,421  
Bonus$2,200 - $36,467  
Profit Disbursement$1,018 - $19,978  
Total Pay$70,126 - $209,602  
[+]Financial Analyst (6)
$42,784 - $94,222  
[+]Financial Analyst (6)
Salary$42,812 - $85,064  
Bonus$1,491 - $12,258  
Total Pay$42,784 - $94,222  
[+]Geophysicist (5)
$59,778 - $253,923  
[+]Geophysicist (5)
Salary$52,800 - $222,374  
Bonus$3,440 - $47,653  
Total Pay$59,778 - $253,923  
[+]Mechanical Engineer (3)
$56,698 - $129,875  
[+]Mechanical Engineer (3)
Salary$54,780 - $113,291  
Bonus$1,684 - $20,211  
Total Pay$56,698 - $129,875  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 163

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About This Company

600 North Dairy Ashford
Houston, Texas 77079


Petroleum Refineries, Petroleum


Conoco Inc, Conocophillips, Phillips Petroleum Co

Freebase CC-BY Source: Freebase, licensed under CC-BY


Bringing in the most money are Petroleum Engineers — their earnings average approximately $120K per year. Reliability Engineers are a close second at $119K along with Geophysicists ($115K) and Production Engineers (about $101K). Financial Analysts make an average $61K, close to the bottom of the company pay scale.


When it comes to location, the highest average paycheck (around $136K annually) can be spotted in Farmington, N.M.; Ferndale, Wash. (approximately $103K), the company's headquarter city of Houston, Texas (around $101K), and Midland, Texas ($95K) are the next top-paying cities. High paychecks are not found in Bartlesville, Okla.; in fact, at about $78K it is one of the worst-paid cities. By state, ConocoPhillips Company pays its New Mexico employees the most; the pay rate there is $119K per year.

Years of Experience

Between the one and five year mark, median pay is $84K annually. Respondents who have been working for five to nine years make $94K per year on average. The largest slice of the ConocoPhillips Company workforce (27 percent) has been working for 10-19 years and earns, on average, approximately $112K annually.

Certifications and Degrees

Salaries approach about $130K per year for Certified Professional Engineers; non-accredited workers make much less. Becoming a Pressure Vessels Inspector can certainly pay off here; those folks make $119K on average. Employees who have a Doctorate (PhD) make the most here, hauling in around $151K annually.


In this role, the best-paying skill appears to be Well Production Engineering; individuals who claim it among their capabilities enjoy a higher median salary of $116K per year. One of the more prevalent skills at ConocoPhillips Company is Project Management, with approximately one-eighth considering it a key competency. Microsoft Office, Financial Analysis, and Microsoft Excel were also reported by many survey participants.

Benefits and Perks

45 percent receive paid vacation, and only 28 percent get sick leave. Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Most respondents have health insurance, and benefits for a solid majority of employees also include dental insurance. Perks also include gym membership, life insurance, and a company cell phone.

Key Stats for ConocoPhillips Company


28 %
72 %
$32,000 - $113,991
$62,812 - $121,167
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.
United States (change)

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