Median pay for Entry-Level Reservoir Engineers is around $95K per year. In the world of Entry-Level Reservoir Engineers, overall cash allowance can occasionally include more than $20K from bonuses and, in some exceptional cases, $15K from profit sharing, causing incomes to vary widely between $70K and $126K. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Generally, women make up less than a third of all Entry-Level Reservoir Engineers who answered the questionnnaire. Job satisfaction is reported as high by the vast majority of workers. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$64,866 - $116,805
(Median)
$65K
$95K
$120K
MEDIAN: $95,134
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$50K$100K$150K
Salary
$64,866 - $116,805  
   
Bonus
$1,017 - $20,014  
Profit Sharing
$503 - $14,899  
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).
)
$70,003 - $125,902  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 87
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Pay Difference by Location

National Average: $99,783

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

Tulsa is home to an above-average pay rate for Entry-Level Reservoir Engineers, 18 percent higher than the national average. Entry-Level Reservoir Engineers will also find cushy salaries in Denver (+12 percent) and Houston (+8 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Salt Lake City.

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Skills That Affect Reservoir Engineer Salaries

Mergers and Acquisitions
up arrow 23%

Business Development
up arrow 17%

Strategic Planning
up arrow 5%

Reservoir Engineering
0%

National Average
$100,000

Simulation
up arrow 2%

Microsoft Office
up arrow 3%

Well Production Engineering
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
26 %
Male
74 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 75%
medical benefits
Vision: 62%
dental benefits
None: 6%
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