Avg. Base Salary (USD)
The average salary for a Petroleum Engineer is $123,482
What is the Pay by Experience Level for Petroleum Engineers?
An early career Petroleum Engineer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $86,000 based on 10 salaries. A mid-career Petroleum Engineer with 5-9 years of experience earns an average total compensation of $123,482 based on 8 salaries. In their late career (20 …Read more
What Do Petroleum Engineers Do?
Petroleum engineers design and oversee the production and methods for retrieving oil and natural gas from various depths beneath the earth's surface. Most petroleum engineers work for oil companies. Others work at universities or research facilities.
Some of these engineers work in the field and help prospecting teams make recommendations on drilling sites based upon the cost, effort and feasibility of retrieving the product from where it is discovered. When a site is selected, these engineers …Read more