Avg. Base Salary (NGN)
The average salary for a Reservoir Engineer is ₦7,999,572
What is the Pay by Experience Level for Reservoir Engineers?
An early career Reservoir Engineer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of ₦2,034,730 based on 5 salaries. A mid-career Reservoir Engineer with 5-9 years of experience earns an average total compensation of ₦8,117,599 based on 11 salaries. An experienced …Read more
What Do Reservoir Engineers Do?
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 …Read more
- 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.