Petroleum Geologist Salary

Petroleum Geologists in the United States can look forward to a sizeable six-figure salary — around $105K per year on average. Cash earnings for Petroleum Geologists — including $40K in bonuses and $30K in profit sharing proceeds near the top of the pay scale — generally stretch from $50K to $215K depending on individual performance. Career length is the biggest factor affecting pay for this group, followed by the particular city and the particular employer. The majority of Petroleum Geologists claim high levels of job satisfaction. Men account for the majority of Petroleum Geologists who responded to the questionnaire — 86 percent to be exact. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$48,797 - $197,803

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$15.21 - $101.01

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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$80K$160K$240K
Salary
$48,797 - $197,803  
   
Bonus
$2,037 - $39,911  
Profit Sharing
$0.27 - $29,799  
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).
)
$49,609 - $215,208  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 278
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
$15.21 - $101.01  
   
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
$2,037 - $39,911  
   
Profit Sharing
$0.27 - $29,799  
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).
)
$49,609 - $215,208  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 11
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Job Description for Petroleum Geologist

Petroleum geologists are geoscientists who are typically employed by oil and gas companies, and their work revolves around determining geographical points at/in which to search for natural resources; in the specific field of petroleum geology, the focuses are discovery and production of oil. They generally surmise where to drill for oil by obtaining an idea of the areas beneath the surface, formulating a three-dimensional image measured against time, and preparing subsurface maps and diagrams of stratigraphic data which depict possible oil deposits. They obtain these ideas by studying various elements in the Earth's surface, including the presence of certain rocks and structural features. Although this information is studied using a variety of geophysical methods, the general location is determined using aerial photographs before these processes begin.

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Petroleum Geologist Tasks

  • Scope and frame projects, including assigning roles and tasks.
  • Model and create requirements for reservoirs and their use.
  • Provide technical input and guidance for exploring, appraising, and developing potential sites.
  • Integrate many types of data and computations to create simulations, models, and hazard analysis.

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Popular Employer Salaries for Petroleum Geologist


Popular Skills for Petroleum Geologist


Survey takers who work as Petroleum Geologists typically report just a few professional skills. Most notably, skills in Petra, Geographic Information Systems, Microsoft Excel, and GeoPack are correlated to pay that is above average. Those listing GeoPack as a skill should be prepared for drastically lower pay. Microsoft Excel and Geographic Information Systems also typically command lower compensation. Most people familiar with Geographic Information Systems also know GeoPack.

Pay by Experience Level for Petroleum Geologist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience is an important factor influencing the compensation of Petroleum Geologists. During their first five years in the workforce, individuals in this position earn $101K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $112K. Petroleum Geologists bring in $161K after working for 10 to 20 years. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $216K on average.

Pay Difference by Location


For Petroleum Geologists, Midland provides a pay rate that is 38 percent greater than the national average. Petroleum Geologists will also find cushy salaries in Houston (+27 percent). Petroleum Geologists in San Antonio earn salaries far below the national average by 52 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around 30 percent less in Pittsburgh and 10 percent less in Oklahoma City, below-median salaries for those in this field.

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Experience Affects Petroleum Geologist Salaries

Late-Career
up arrow 89%

Experienced
up arrow 41%

National Average
$114,000

Mid-Career
up arrow 2%


Skills That Affect Petroleum Geologist Salaries

National Average
$114,000

Petra
up arrow 1%

Geographic Information Systems (GIS)
up arrow 18%

Microsoft Excel
up arrow 21%

GeoPack
up arrow 56%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
9%
1-4 years
33%
5-9 years
31%
10-19 years
12%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 73% employee benefits None: 7%
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