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Petroleum Geologist Salary

Petroleum Geologists in the United States can look forward to a sizeable six-figure salary — around $111K per year on average. Total cash compensation to Petroleum Geologists approaches anywhere from $51K on the lower end to $205K on the higher end; in exceptional cases, this can include more than $37K from bonuses and upwards of $50K from profit sharing. While career length and the individual firm impact pay for this group, geographic location is the most influential factor. Among survey respondents, men are more common than women; 85 percent of Petroleum Geologists are male. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Job satisfaction for Petroleum Geologists is high. Respondents to the PayScale salary survey provided the data for this report.
$49,705 - $172,242
(Median)
50K
79K
100K
130K
170K
MEDIAN: $101,892
10%
25%
50%
75%
90%

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$12.50 - $112.50
(Median)
12
39
110
MEDIAN: $38.00
10%
50%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$49,705 - $172,242  
   
Bonus
$2,046 - $36,845  
Profit Sharing
$496.65 - $50,067  
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).
)
$50,980 - $204,571  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 350
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$12.50 - $112.50  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,046 - $36,845  
   
Profit Sharing
$496.65 - $50,067  
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).
)
$50,980 - $204,571  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 14
United States (change)

Job Description for Petroleum Geologist

  • 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.

Petroleum Geologist Job Listings

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Popular Employer Salaries for Petroleum Geologist


Popular Skills for Petroleum Geologist


Job skills reported by Petroleum Geologists are limited. Most notably, skills in Petra, Microsoft Excel, Geographic Information Systems, and GeoPack are correlated to pay that is above average. Those listing GeoPack as a skill should be prepared for drastically lower pay. Geographic Information Systems and Microsoft Excel also typically command lower compensation. Most people skilled in Geographic Information Systems are similarly competent in GeoPack.

Pay by Experience Level for Petroleum Geologist

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


Experience seems to be a major factor in determining the incomes of Petroleum Geologists. In this position, someone who has worked for fewer than five years can expect a median salary of $101K. The median for people with five to 10 years of experience is only a little bit higher at $114K. Petroleum Geologists see a median salary of $168K after reaching one to two decades on the job. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $199K on average.

Pay Difference by Location


With a pay rate for Petroleum Geologists that is 44 percent greater than the national average, Midland offers a comfortable salary for those in this profession. Petroleum Geologists will also find cushy salaries in Houston (+26 percent) and Bakersfield (+2 percent). Petroleum Geologists in San Antonio earn salaries far below the national average by 49 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Not at the bottom but still paying below the median are employers in Pittsburgh and Oklahoma City (28 percent lower and 11 percent lower, respectively).

Related Job Salaries

Experience Affects Petroleum Geologist Salaries

Late-Career
up arrow 80%

Experienced
up arrow 51%

Mid-Career
up arrow 3%

National Average
$111,000


Skills That Affect Petroleum Geologist Salaries

Petra
up arrow 2%

National Average
$111,000

Microsoft Excel
up arrow 18%

Geographic Information Systems (GIS)
up arrow 20%

GeoPack
up arrow 55%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.

Gender

Female
15 %
Male
85 %

Years of Experience

Less than 1 year
10%
1-4 years
34%
5-9 years
29%
10-19 years
13%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 81%
vision benefits Vision: 71% employee benefits None: 6%