Mid-Career Petroleum Engineer Salary

Mid-Career Petroleum Engineers can expect to earn a very generous salary, with average salaries (in the ballpark of $116K) surpassing six figures annually. Including potential for bonuses and profit sharing — peaking near $34K and $21K, respectively — total cash payment to Mid-Career Petroleum Engineers can bottom out near $79K or peak near $183K depending on individual performance. Geography and the company each impact pay for this group, with the former having the largest influence. Work is enjoyable for Mid-Career Petroleum Engineers, who typically claim high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. This snapshot results from replies to PayScale's salary survey.

$79,671 - $155,269
$80K
$120K
$160K
MEDIAN: $118,040
10%
50%
90%

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$10.07 - $69.53
$10
$51
$70
MEDIAN: $50.85
10%
50%
90%

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$0$185K
Salary $79,671 - $155,269
Bonus $979 - $34,953
Profit Sharing $50.00 - $22,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$79,590 - $185,814
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 207
Hourly Data $0$69
Hourly Rate $10.07 - $69.53
Overtime $50.00
Annual Data $0$185K
Bonus $979 - $34,953
Profit Sharing $50.00 - $22,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$79,590 - $185,814
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 10

Find Out Exactly What You Should Be Paid

United States (change)

Petroleum Engineer Job Listings

Popular Employer Salaries for Petroleum Engineer


Chevron Corporation offers the lowest pay in the field with a median salary of just $135K. There's also little variation in pay at the company, with pay ranging from $101K to $171K.

Pay Difference by Location

National Average: $123,444

Larger city markers indicate a job is popular in that location.

For those looking to make money, Mid-Career Petroleum Engineers in Dallas enjoy an exceptional pay rate, 10 percent above the national average. Mid-Career Petroleum Engineers will also find cushy salaries in Oklahoma City (+7 percent) and Denver (+6 percent). The lowest-paying market is Austin, which sits 9 percent below the national average. Employers in Tulsa and Midland also lean toward paying below-median salaries (7 percent lower and 5 percent lower, respectively).

Key Stats for Petroleum Engineer

Gender

Female
5 %
Male
95 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.
5-9 years
77%
10-19 years
23%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Petroleum Engineer Salaries

Well Production Engineering
▲1%

National Average
$123,000

Oil and Gas Formation Evaluation
▼1%

Project Management
▼1%

Reservoir Engineering
▼2%

Simulation
▼4%

Borehole Formation Evaluation (FE)
▼8%

Microsoft Excel
▼9%

Drilling Engineering
▼10%

Engineering Design
▼10%

Microsoft Office
▼11%

Microsoft Word
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 81%
vision benefits
Vision: 72%
no benefits
None: 1%
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