The average salary for an Entry-Level Petroleum Engineer is $84,016.
Tell us about your job and pay factors like skills and education Find your market worth with a report tailored to you Negotiate your pay with confidence
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
Petroleum Engineer Tasks
- Devise methods to improve oil and gas well production and determine the need for new or modified tool designs.
- Oversee drilling and offer technical advice to achieve economical and satisfactory progress.
Popular Employer Salaries for Petroleum Engineer
Petroleum Engineer Job Listings
What Are Popular Skills for Petroleum Engineers?
Skills in Drilling Engineering, Reservoir Engineering, Well Production Engineering and Engineering Design are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
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 $95,349 based on 446 salaries. A mid-career Petroleum Engineer with 5-9 years of experience earns an average total compensation of $115,086 based on 236 salaries. An experienced Petroleum Engineer with 10-19 years of experience earns an average total compensation of $129,774 based on 158 salaries. In their late career (20 years and higher), employees earn an average total compensation of $154,056.
Pay Difference by Location
Employees with Petroleum Engineer in their job title in Austin, Texas earn an average of 19.0% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (12.3% more) and Houston, Texas (7.2% more). The lowest salaries can be found in Denver, Colorado (10.7% less) and Tulsa, Oklahoma (3.5% less).
Years of Experience
This data is based on 981 survey responses.