Petroleum Geologist Salary

On average, Petroleum Geologists in the United States earn six-figure salaries ($111K) annually, making for a very well-paid profession. Total incomes of Petroleum Geologists incorporate potential for, in a few cases, more than $49K from bonuses and close to $39K from profit sharing; these performance components cause packages to range between $61K and $203K. This group's pay is mainly influenced by location, followed by tenure and the specific company. Job satisfaction is reported as high by the vast majority of workers. There are far more male Petroleum Geologists survey respondents than women, making up 82 percent. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. This report is based on responses to the PayScale salary survey.
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$63,329 - $184,195
$63K
$110K
$180K
MEDIAN: $110,925
10%
50%
90%

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$30.00 - $135.00
$50
MEDIAN: $50.00
50%

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$0$204K
Salary $63,329 - $184,195
Bonus $4,913 - $45,000
Profit Sharing $-0.50 - $46,000
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).
)
$63,588 - $204,921
  • Country: United States
  • Currency: USD
  • Updated: 12 Nov 2017
  • Individuals Reporting: 106
Hourly Data $0$135
Hourly Rate $50.00
Overtime $19.87
Annual Data $0$204K
Bonus $4,913 - $45,000
Profit Sharing $-0.50 - $46,000
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).
)
$63,588 - $204,921
  • Country: United States
  • Currency: USD
  • Updated: 12 Nov 2017
  • Individuals Reporting: 7

Job Description for Petroleum Geologist

Petroleum geologists are geoscientists who are typically employed by oil and gas companies, and their work revolves around determining geographical points at/in which to search for natural resources; in the specific field of petroleum geology, the focuses are discovery and production of oil. They generally surmise where to drill for oil by obtaining an idea of the areas beneath the surface, formulating a three-dimensional image measured against time, and preparing subsurface maps and diagrams of stratigraphic data which depict possible oil deposits. They obtain these ideas by studying various elements in the Earth's surface, including the presence of certain rocks and structural features. Although this information is studied using a variety of geophysical methods, the general location is determined using aerial photographs before these processes begin.

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Petroleum Geologist Tasks

  • Provide technical input and guidance for exploring, appraising, and developing potential sites.
  • Integrate many types of data and computations to create simulations, models, and hazard analysis.
  • Scope and frame projects, including assigning roles and tasks.
  • Model and create requirements for reservoirs and their use.

Petroleum Geologist Job Listings

Popular Employer Salaries for Petroleum Geologist


Pay by Experience Level for Petroleum Geologist

Pay by Experience for a Petroleum Geologist has a positive trend. An entry-level Petroleum Geologist with less than 5 years of experience can expect to earn an average total compensation of $96,000 based on 74 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Petroleum Geologist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $124,000 based on 41 salaries. An experienced Petroleum Geologist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $181,000 based on 21 salaries. A Petroleum Geologist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $177,000 based on 20 salaries.

Pay Difference by Location

National Average: $118,781

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

With a pay rate for Petroleum Geologists that is 31 percent greater than the national average, Midland offers a comfortable salary for those in this profession. Petroleum Geologists will also find cushy salaries in Houston (+20 percent). Petroleum Geologists in San Antonio take home the lowest salaries, earning a whopping 54 percent less than the national average. Below-median salaries also turn up in Pittsburgh and Dallas (33 percent lower and 16 percent lower, respectively).

Related Job Salaries

Key Stats for Petroleum Geologist

Gender

Female
19 %
Male
81 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
Less than 1 year
9%
1-4 years
35%
5-9 years
28%
10-19 years
12%
20 years or more
17%

Experience Affects Petroleum Geologist Salaries

Experienced
▲53%

Late-Career
▲49%

Mid-Career
▲4%

National Average
$119,000

▼19%

Skills That Affect Petroleum Geologist Salaries

Petra
▲18%

Borehole Formation Evaluation (FE)
▲6%

Microsoft Excel
▲2%


National Average
$119,000

GeoPack
▼58%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
9%
1-4 years
35%
5-9 years
28%
10-19 years
12%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 84%
vision benefits
Vision: 76%
no benefits
None: 4%