Average Reservoir Engineer Salary

$117,936
Avg. Base Salary (USD)
10%
$76k
MEDIAN
$118k
90%
$175k

The average salary for a Reservoir Engineer is $117,936

Base Salary
$76k - $175k
Bonus
$5k - $47k
Profit Sharing
$10k - $30k
Total Pay
$80k - $204k
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What is the Pay by Experience Level for Reservoir Engineers?

What Do Reservoir Engineers Do?

Reservoir Engineer Tasks
  • Monitor and maintain reserve and decline estimates in order to maximize production for existing properties.
  • Conduct reservoir engineering studies, such as field studies for primary recovery, material balance, and decline curve analysis.
  • Draft economic evaluations for all properties and prospects.
  • Coordinate with field production department on well performance and production optimization.
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How do Reservoir Engineers Rate Their Jobs?

3.7 out of 5
(23)
Highly Satisfied
6Reviews
Based on 23 responses, the job of Reservoir Engineer has received a job satisfaction rating of 3.7 out of 5. On average, Reservoir Engineers are highly satisfied with their job.

FAQs About Reservoir Engineers

What is the highest pay for Reservoir Engineers?

Our data indicates that the highest pay for a Reservoir Engineer is $175k / year

What is the lowest pay for Reservoir Engineers?

Our data indicates that the lowest pay for a Reservoir Engineer is $76k / year

How can Reservoir Engineers increase their salary?

Increasing your pay as a Reservoir Engineer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Reservoir Engineer that oversees more junior Reservoir Engineers, this experience can increase the likelihood to earn more.