Mid-Career Petroleum Engineer Salary

Salaries for Mid-Career Petroleum Engineers are generous, with average pay above six figures ($111K) per year. Final cash compensation to Mid-Career Petroleum Engineers varies from around $80K to approximately $186K; choice pay grades include potential for bonuses and profit sharing as high as $35K and $29K, respectively. Location is the biggest factor affecting pay for this group, followed by the specific employer. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Most workers in this position report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$78,921 - $154,088
(Median)
$79K
$110K
$150K
MEDIAN: $111,443
10%
50%
90%

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$9.93 - $110.74
(Median)
$9
$49
$110
MEDIAN: $49.00
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
$78,921 - $154,088  
   
Bonus
$1,008 - $34,704  
Profit Sharing
$450.00 - $29,492  
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).
)
$80,395 - $185,806  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 367
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$70$140$210
Hourly Rate
$9.93 - $110.74  
   
Hourly Tips
$1.56  
Overtime
$77.65  
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$140K$280K$420K
Bonus
$1,008 - $34,704  
   
Commission
$12,578  
Profit Sharing
$450.00 - $29,492  
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).
)
$80,395 - $185,806  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 18
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Petroleum Engineer Job Listings

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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: $122,765

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

For Mid-Career Petroleum Engineers, Denver provides a pay rate that is 7 percent greater than the national average. Falling short of the national average by 8 percent, the area with the worst salaries is Tulsa. Employers in Midland and Dallas also lean toward paying below-median salaries (6 percent lower and 2 percent lower, respectively).

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Skills That Affect Petroleum Engineer Salaries

Well Production Engineering
up arrow 8%

Project Management
up arrow 5%

Reservoir Engineering
up arrow 2%

Microsoft Office
up arrow 2%

Microsoft Excel
up arrow 1%

Simulation
up arrow 1%

National Average
$123,000

Drilling Engineering
up arrow 1%

Oil and Gas Formation Evaluation
up arrow 1%

Engineering Design
up arrow 2%

Microsoft Word
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.

Gender

Female
11 %
Male
89 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 84%
medical benefits
Vision: 72%
dental benefits
None: 4%
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