Mid-Career Petroleum Engineer Salary

Mid-Career Petroleum Engineers see excellent average salaries — about $107K annually. Overall cash earnings for Mid-Career Petroleum Engineers stretch from $80K on the lower end to $177K near the top, and the heftiest packages can encompass around $31K from bonuses and $23K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by the specific employer. Job satisfaction for Mid-Career Petroleum Engineers is high. Nearly all report receiving medical coverage from their employers and most collect dental insurance. This overview is based on answers to PayScale's salary questionnaire.

$77,965 - $149,366
(Median)
$78K
$110K
$150K
MEDIAN: $107,468
10%
50%
90%

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$9.70 - $113.35
(Median)
$9
$40
$110
MEDIAN: $40
10%
50%
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$60K$120K$180K
Salary
$77,965 - $149,366  
   
Bonus
$1,200 - $31,114  
Profit Sharing
$1,206 - $22,500  
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).
)
$80,343 - $177,188  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 364
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$100$200$300
Hourly Rate
$9.70 - $113.35  
   
Overtime
$0.07 - $297.99  
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$200K$400K$600K
Bonus
$1,200 - $31,114  
   
Profit Sharing
$1,206 - $22,500  
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).
)
$80,343 - $177,188  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 15
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Popular Employer Salaries for Mid-Career Petroleum Engineer


The lowest salaries can be found at Chevron Corporation — median pay is $128K — and there is little variation in compensation, with paychecks starting at $102K and only reaching $176K.

Pay Difference by Location


For Mid-Career Petroleum Engineers, working in the bustling city of Denver has its advantages, including an above-average pay rate. Mid-Career Petroleum Engineers will also find cushy salaries in Houston (+1 percent). With compensation 8 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in Tulsa (6 percent lower) and Midland (4 percent lower).

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Skills That Affect Mid-Career Petroleum Engineer Salaries

Well Production Engineering
up arrow 8%

Project Management
up arrow 8%

Reservoir Engineering
up arrow 4%

Simulation
up arrow 4%

Drilling Engineering
up arrow 2%

Oil and Gas Formation Evaluation
up arrow 1%

National Average
$120,000

Microsoft Office
up arrow 1%

Microsoft Excel
up arrow 1%

Engineering Design
up arrow 1%

Microsoft Word
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 votes.

Gender

Female
11 %
Male
89 %

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 85%
vision benefits Vision: 72% employee benefits None: 4%
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