The average pay for a Late-Career Petroleum Engineer is $161,507 per year. Skills that are associated with high pay for this job are Engineering Design, Well Production Engineering, and Reservoir Engineering.

$96,006 - $253,597
(Median)
$96K
$160K
$250K
MEDIAN: $161,507
10%
50%
90%

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$48.54 - $172.61
(Median)
$49
$85
$170
MEDIAN: $85.00
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$120K$240K$360K
Salary
$96,006 - $253,597  
   
Bonus
$1,030 - $96,576  
Profit Sharing
$-0.49 - $127,233  
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).
)
$98,447 - $331,347  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 97
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$60$120$180
Hourly Rate
$48.54 - $172.61  
   
Overtime
$75.00  
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$120K$240K$360K
Bonus
$1,030 - $96,576  
   
Profit Sharing
$-0.49 - $127,233  
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).
)
$98,447 - $331,347  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 11
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Pay Difference by Location

National Average: $178,773

Larger city markers indicate a job is popular in that location.
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Find Out Exactly What You Should Be Paid

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Skills That Affect Petroleum Engineer Salaries

Well Production Engineering
up arrow 12%

Engineering Design
up arrow 12%

Reservoir Engineering
up arrow 11%

Project Management
up arrow 2%

Simulation
up arrow 2%

Drilling Engineering
0%

National Average
$179,000

Borehole Formation Evaluation (FE)
up arrow 1%

Oil and Gas Formation Evaluation
up arrow 4%

Microsoft Excel
up arrow 4%

Microsoft Office
up arrow 15%

Microsoft Word
up arrow 30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
8 %
Male
92 %

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 61%
medical benefits
Vision: 55%
dental benefits
None: 18%
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