Get a Salary Report for

- Compare Your Salary
- Evaluate a Job Offer

- Price a New Hire
- Give a Raise

- Benchmark Jobs
- Create a Comp Plan

Reservoir Engineer Salary (United States)

Average pay for a Reservoir Engineer in the United States is considerable, rounding six figures at $122K per year. New workers enjoy hefty six-figure paychecks when they take on this position — $108K per year is the median for people who claim less than five years' experience. Reservoir Engineers bring in $177K after working for 10 to 20 years. Reservoir Engineers who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $245K. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Reservoir Engineer Salary (?
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.
$81,851 - $172,828
MEDIAN: $108,168
Add this chart to your site: 640px    300px

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.
$81,851 - $172,828  
$4,920 - $39,456  
Profit Sharing
$1,923 - $20,685  
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).
$86,864 - $202,444  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 527
Is Reservoir Engineer your job title? Get a personalized salary report!
Years in Field/Career:
Years in Field/Career:
United States (change)

Job Description for Reservoir Engineer

Reservoir engineers are specialists in locating - and helping petroleum companies effectively use - underground reservoirs of fossil fuels. Using geological expertise, knowledge of fluid mechanics, and various forms of technology, the reservoir engineer determines the location of underground fuel reservoirs and their reserve capacities, as well as whether their long-term viability makes them suitable for investment. The reservoir engineer works with geologists to monitor the reserves as fuels are extracted and makes adjustments to extraction processes as geological changes occur with the depletion of the fuel. As easier-to-reach fuel reservoirs are depleted internationally, reservoir engineering increasingly explores new techniques to locate viable drilling spots, and developing and modifying machinery to tap into these spots.
Reservoir Engineer Tasks
  • Draft economic evaluations for all properties and prospects.
  • Coordinate with field production department on well performance and production optimization.
  • Monitor and maintain reserve and decline estimates in order to maximize production for existing properties.
  • Conduct reservoir engineering studies, such as field studies for primary recovery, material balance, and decline curve analysis.

Reservoir Engineer Job Listings

Search for more jobs:
job title / company

Popular Employer Salaries for Reservoir Engineer

British Petroleum (BP), Chevron Corporation, Schlumberger, Occidental Petroleum Corporation, and Shell Oil Company are among the top companies that take on many Reservoir Engineers. Occidental Petroleum Corporation attracts talent by shelling out the biggest paychecks in the area — the median in that office is $149K.
Though certain workers may see earnings of up to $252K, British Petroleum (BP) still falls short in the compensation department — the median pay is only $123K, the lowest in the field.

Popular Skills for Reservoir Engineer

Survey results suggest that Reservoir Engineers use a fairly large toolkit of professional skills. Most notably, skills in Mergers and Acquisitions, Strategic Planning, Business Development, and Reservoir Engineering are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that pay less than market rate include Microsoft Office. It is often found that people who know Reservoir Engineering are also skilled in Well Production Engineering.

Pay by Experience Level for Reservoir Engineer

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

Pay Difference By Location

up arrow 12%
up arrow 2%
National Average
up arrow 1%
up arrow 2%
up arrow 2%
Oklahoma City
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
Reservoir Engineers will find that Dallas offers an impressive pay rate, one which exceeds the national average by 12 percent. Reservoir Engineers will also find cushy salaries in Houston (+2 percent). Trailing the national average by 6 percent, Oklahoma City is the market with the smallest paychecks. Two other places where employers salaries are below the median are Denver and Bakersfield (2 percent lower).

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
United States (change)
- OR -

Experience Affects Reservoir Engineer Salaries

National Average

Skills That Affect Reservoir Engineer Salaries

Mergers and Acquisitions
up arrow 8%
Business Development
up arrow 4%
Reservoir Engineering
up arrow 3%
Well Production Engineering
up arrow 3%
up arrow 1%
National Average
Microsoft Office
up arrow 3%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 100 votes.


female alumni
male alumni

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 98% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 2%