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Entry-Level Petroleum Engineer Salary (United States)

Yearly wages for Entry-Level Petroleum Engineers typically come in around $89K annually. Including potential for bonuses and profit sharing — peaking near $21K and $22K, respectively — total cash payment to Entry-Level Petroleum Engineers can bottom out near $59K or peak near $130K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by the specific employer. Nearly all report receiving medical coverage from their employers and the greater part collect dental insurance. Most workers in this position report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
Entry-Level Petroleum Engineer Salary (?
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.
)
$58,369 - $113,691
(Median)
58K
72K
89K
100K
110K
MEDIAN: $89,176
10%
25%
50%
75%
90%
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Entry-Level Petroleum Engineer Salary (?
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.
)
$15.32 - $65.40
(Median)
15
24
35
52
65
MEDIAN: $35.00
10%
25%
50%
75%
90%
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National Salary 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.
)
$0$50K$100K$150K
Salary
$58,369 - $113,691  
   
Bonus
$496.65 - $20,711  
Profit Sharing
$459.00 - $22,000  
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).
)
$59,302 - $129,545  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 914
National Hourly Rate 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.
)
$0$50$100$150
Hourly Rate
$15.32 - $65.40  
   
Overtime
$16.00 - $103.21  
National Annualized 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.
)
$0$100K$200K$300K
Bonus
$496.65 - $20,711  
   
Profit Sharing
$459.00 - $22,000  
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).
)
$59,302 - $129,545  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 42
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Popular Employer Salaries for Entry-Level Petroleum Engineer

Many Entry-Level Petroleum Engineers can be found at Chevron Corporation, British Petroleum (BP), Shell Oil Company, EOG Resources, Inc., and Schlumberger, firms that are at the top of the field. For Entry-Level Petroleum Engineers, comfortable salaries can be found at EOG Resources, Inc.; in fact, typical earnings sit around $122K, the highest in the area.
ExxonMobil Corporation and British Petroleum (BP) are other employers known for handing out relatively lightweight salaries ($97K and $103K, respectively).

Pay Difference By Location

Fort Worth
up arrow 26%
Bakersfield
up arrow 10%
up arrow 6%
up arrow 6%
New Orleans
up arrow 5%
Oklahoma City
up arrow 4%
up arrow 3%
San Antonio
up arrow 3%
National Average
$95,000
up arrow 6%
Dallas
up arrow 6%
Pittsburgh
up arrow 6%
Los Angeles
up arrow 6%
Austin
up arrow 12%
New York
up arrow 21%
Larger circles over a city indicate a job is popular in that location.
With a pay rate for Entry-Level Petroleum Engineers that is 26 percent greater than the national average, Fort Worth offers a comfortable salary for those in this profession. Entry-Level Petroleum Engineers will also find cushy salaries in Bakersfield (+10 percent), Denver (+6 percent), Midland (+6 percent), and New Orleans (+5 percent). Location is a huge contributor to overall pay, with Entry-Level Petroleum Engineers in New York earning a whopping 21 percent below the national average. Workers in Austin and Los Angeles earn salaries that trail the national average for those in this profession (12 percent less and 6 percent less, respectively).
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Skills That Affect Entry-Level Petroleum Engineer Salaries

Project Management
up arrow 5%
Engineering Design
up arrow 3%
Simulation
up arrow 1%
National Average
$95,000
Oil and Gas Formation Evaluation
up arrow 1%
Microsoft Excel
up arrow 3%
Microsoft Office
up arrow 3%
Microsoft Word
up arrow 3%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 177 votes.

Gender

Female
9%
female alumni
 
Male
91%
male alumni

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 80%
vision benefits Vision: 66% employee benefits None: 6%