Average Entry-Level Petroleum Engineer Salary

$84,016
Avg. SalaryShow Hourly Rate
$7,124
Bonus
$2,670
Profit Sharing
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The average salary for an Entry-Level Petroleum Engineer is $84,016.
10%
$55k
MEDIAN
$84k
90%
$110k
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Salary
$55k - $110k
Bonus
$491 - $21k
Profit Sharing
$12 - $29k
Total Pay
$50k - $125k
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What Do Petroleum Engineers Do?

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

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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.
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.
Early Career
45.5%
Mid Career
24.1%
Experienced
16.1%
Late Career
14.4%