The average pay for a Reservoir Engineer in Calgary, Alberta is C$101,736 per year.

C$68,510 - C$140,937
C$69K
C$97K
C$140K
MEDIAN: C$96,706
10%
50%
90%
C$22.50 - C$43.75
C$32
MEDIAN: C$32.18
50%
C$0C$151K
Salary C$68,510 - C$140,937
Bonus C$4,966 - C$30,000
Profit Sharing C$10,000
Commission C$16,000
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).
)
C$64,274 - C$151,521
  • Country: Canada
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 46
Hourly Data C$0C$43
Hourly Rate C$32.18
Overtime C$30.52
Annual Data C$0C$151K
Bonus C$4,966 - C$30,000
Commission C$16,000
Profit Sharing C$10,000
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).
)
C$64,274 - C$151,521
  • Country: United States
  • Currency: CAD
  • Updated: 17 Jan 2018
  • Individuals Reporting: 5

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.

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Reservoir Engineer Tasks

  • 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.
  • Draft economic evaluations for all properties and prospects.
  • Coordinate with field production department on well performance and production optimization.

Reservoir Engineer Job Listings

Pay by Experience Level for Reservoir Engineer

Pay by Experience for a Reservoir Engineer has a positive trend. An entry-level Reservoir Engineer with less than 5 years of experience can expect to earn an average total compensation of C$85,000 based on 7 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Reservoir Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$122,000 based on 10 salaries. An experienced Reservoir Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$155,000 based on 6 salaries. A Reservoir Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$150,000 based on 7 salaries.

Key Stats for Reservoir Engineer

Gender

Female
15 %
Male
85 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
Less than 1 year
10%
1-4 years
29%
5-9 years
41%
10-19 years
16%
20 years or more
4%

Experience Affects Reservoir Engineer Salaries

Experienced
▲54%

Late-Career
▲49%

▲22%

National Average
C$100,000

▼16%

Skills That Affect Reservoir Engineer Salaries

National Average
C$100,000

▼2%


Job Satisfaction

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

Gender

Female
15 %
Male
85 %

Years of Experience

Less than 1 year
10%
1-4 years
29%
5-9 years
41%
10-19 years
16%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 79%
vision benefits
Vision: 64%
no benefits
None: 9%