Entry-Level Petroleum Engineer Salary

An average Entry-Level Petroleum Engineer can expect to take home roughly $93K annually. Total cash earnings of Entry-Level Petroleum Engineers range from $49K on the low end to $141K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $29K and $20K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer. Most report receiving medical coverage from their employers and more than half collect dental insurance. Work is enjoyable for Entry-Level Petroleum Engineers, who typically claim high levels of job satisfaction. The vast majority (88 percent) of Entry-Level Petroleum Engineers who answered the questionnaire are male. The data in this summary comes from the PayScale salary survey.

$50,861 - $123,702
$51K
$93K
$120K
MEDIAN: $92,657
10%
50%
90%

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$10.22 - $65.00
$10
$35
$65
MEDIAN: $34.80
10%
50%
90%

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$0$140K
Salary $50,861 - $123,702
Bonus $488.93 - $29,021
Profit Sharing $6.00 - $20,347
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,979 - $140,580
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 489
Hourly Data $0$103
Hourly Rate $10.22 - $65.00
Hourly Tips $0.23
Overtime $22.19 - $103.04
Annual Data $0$140K
Bonus $488.93 - $29,021
Profit Sharing $6.00 - $20,347
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,979 - $140,580
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 49

Find Out Exactly What You Should Be Paid

United States (change)

Petroleum Engineer Job Listings

Popular Employer Salaries for Petroleum Engineer


Entry-Level Petroleum Engineers fill the offices of leading firms British Petroleum (BP), Chevron Corporation, Shell Oil Company, EOG Resources, Inc., and Schlumberger. EOG Resources, Inc. pays the most with a median salary of $122K, though there is little variation overall ($100K to $163K).

Pay Difference by Location

National Average: $96,741

Larger city markers indicate a job is popular in that location.

For Entry-Level Petroleum Engineers, working in the bustling city of Denver has its advantages, including an above-average pay rate. Entry-Level Petroleum Engineers can also look forward to large paychecks in cities like Williston (+24 percent), New York (+22 percent), Los Angeles (+21 percent), and Midland (+11 percent). The lowest-paying market is New Orleans, which sits 21 percent below the national average, proving that location is a significant contributor to overall pay. Not at the bottom but still paying below the median are employers in Texas City and Austin (17 percent lower and 13 percent lower, respectively).

Key Stats for Petroleum Engineer

Gender

Female
12 %
Male
88 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
22%
1-4 years
61%
5-9 years
17%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Petroleum Engineer Salaries

▲14%


Project Management
▲7%


Microsoft Office
▲5%



Borehole Formation Evaluation (FE)
▲2%


Drilling Engineering
▼0%

Microsoft Word
▼0%

National Average
$97,000

Data Analysis
▼26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
12 %
Male
88 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 68%
vision benefits
Vision: 63%
no benefits
None: 11%
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