Mid-Career Petroleum Engineer Salary

Wages for Mid-Career Petroleum Engineers are generous, with average pay above six figures ($115K) per year. Total cash earnings of Mid-Career Petroleum Engineers range from $79K on the low end to $187K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $36K and $20K, respectively. Geography 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 the greater part. Most workers in this position report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$78,696 - $154,260
$79K
$110K
$150K
MEDIAN: $114,991
10%
50%
90%

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$10.14 - $77.23
$10
$53
$77
MEDIAN: $53.00
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
$78,696 - $154,260  
   
Bonus
$974 - $35,744  
Profit Sharing
$0.00 - $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).
)
$79,176 - $186,618  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 190
© PayScale, Inc. @ www.payscale.com
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
$10.14 - $77.23  
   
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
$974 - $35,744  
   
Profit Sharing
$0.00 - $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).
)
$79,176 - $186,618  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 11
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

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Popular Employer Salaries for Petroleum Engineer


The lowest salaries can be found at Chevron Corporation — median pay is $135K — and there is little variation in compensation, with paychecks starting at $101K and only reaching $171K.

Pay Difference by Location

National Average: $120,026

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

For Mid-Career Petroleum Engineers, Dallas provides a pay rate that is 12 percent greater than the national average. Mid-Career Petroleum Engineers will also find cushy salaries in Oklahoma City (+8 percent) and Denver (+7 percent). With compensation 8 percent below the national average, Austin is not known for hefty paychecks and actually represents the lowest-paying market. A couple other locations with smaller-than-average paychecks include Tulsa (6 percent lower) and Midland (4 percent lower).

Key Stats for Petroleum Engineer

Gender

Female
6 %
Male
94 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.
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
▲4%

Project Management
▲2%

Oil and Gas Formation Evaluation
▲1%

Reservoir Engineering
▼0%

National Average
$120,000

Simulation
▼1%

Borehole Formation Evaluation (FE)
▼5%

Microsoft Excel
▼6%

Drilling Engineering
▼7%

Engineering Design
▼7%

Microsoft Office
▼9%

Microsoft Word
▼15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
6 %
Male
94 %

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
dental benefits
None: 2%
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