Mid-Career Petroleum Engineers see excellent average salaries — about $115K annually. Total incomes of Mid-Career Petroleum Engineers incorporate potential for, in a few cases, more than $38K from bonuses and close to $21K from profit sharing; these performance components cause packages to range between $79K and $190K. Location is the biggest factor affecting pay for this group, followed by the specific employer. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a fair number. For the most part, Mid-Career Petroleum Engineers enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$77,994 - $156,729
$78K
$120K
$160K
MEDIAN: $115,275
10%
50%
90%

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$10.21 - $107.66
$10
$56
$110
MEDIAN: $56.50
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$77,994 - $156,729  
   
Bonus
$1,005 - $37,802  
Profit Sharing
$48.48 - $20,781  
Commission
$12,578  
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).
)
$78,558 - $190,108  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 199
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$10.21 - $107.66  
   
Hourly Tips
$1.56  
Overtime
$50.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$1,005 - $37,802  
   
Commission
$12,578  
Profit Sharing
$48.48 - $20,781  
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).
)
$78,558 - $190,108  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 12

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Pay for Mid-Career Petroleum Engineers is the lowest at Chevron Corporation, which has a median salary of $135K. In addition, there's little room to grow there, with salaries maxing out at $171K.

Pay Difference by Location

National Average: $122,155

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

Mid-Career Petroleum Engineers will find that Dallas offers an impressive pay rate, one which exceeds the national average by 10 percent. Mid-Career Petroleum Engineers will also find cushy salaries in Denver (+6 percent) and Oklahoma City (+6 percent). Falling short of the national average by 10 percent, the area with the worst salaries is Austin. Employers also pay below the national average in Tulsa (8 percent lower) and Midland (6 percent lower).

Key Stats for Petroleum Engineer

Gender

Female
3 %
Male
97 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.
078
5-9 years
78%
10-19 years
22%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Petroleum Engineer Salaries

Well Production Engineering
up arrow 4%

Oil and Gas Formation Evaluation
0%

Reservoir Engineering
0%

Project Management
0%

National Average
$122,000

Simulation
up arrow 3%

Borehole Formation Evaluation (FE)
up arrow 8%

Drilling Engineering
up arrow 9%

Microsoft Excel
up arrow 9%

Microsoft Office
up arrow 11%

Engineering Design
up arrow 12%

Microsoft Word
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
3 %
Male
97 %

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 79%
vision benefits
Vision: 70%
dental benefits
None: 2%
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