Average Petroleum Engineer Salary

$107,450
Avg. Base Salary (USD)
10%
$69k
MEDIAN
$107k
90%
$190k

The average salary for a Petroleum Engineer is $107,450 in 2024

Base Salary
$69k - $190k
Bonus
$3k - $51k
Profit Sharing
$106 - $49k
Commission
$0 - $52k
Total Pay
$70k - $222k
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How do Petroleum Engineers Rate Their Jobs?

4 out of 5
(27)
Highly Satisfied
18Reviews
Based on 27 responses, the job of Petroleum Engineer has received a job satisfaction rating of 4.04 out of 5. On average, Petroleum Engineers are highly satisfied with their job.

FAQs About Petroleum Engineers

What is the highest pay for Petroleum Engineers?

Our data indicates that the highest pay for a Petroleum Engineer is $190k / year

What is the lowest pay for Petroleum Engineers?

Our data indicates that the lowest pay for a Petroleum Engineer is $69k / year

How can Petroleum Engineers increase their salary?

Increasing your pay as a Petroleum Engineer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Petroleum Engineer that oversees more junior Petroleum Engineers, this experience can increase the likelihood to earn more.