$133,067
Avg. Salary
$126
Avg. Hourly Rate

Average additional compensation:

$19,834

Bonus

$5,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Reservoir Engineer with Reservoir Engineering skills in Houston, Texas is $126 per hour.

The median Reservoir Engineer has a base pay of $133,067. Salaries generally range from $96k to $198k. The median bonus is $19,834. Skills that can affect salary include Reservoir Engineering.
$0.00
10%
$125.50
50%
$0.00
90%
MEDIAN $125.50
$96k
10%
$133k
50%
$198k
90%
MEDIAN $133,067
$96,224 - $197,866
$96K
$130K
$200K
MEDIAN: $133,067
10%
50%
90%

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$0$254K
Salary $96,224 - $197,866
Bonus $5,106 - $51,064
Profit Sharing $0.00 - $23,700
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).
)
$102,332 - $254,849
  • Country: United States
  • Currency: USD
  • Updated: 15 Feb 2019
  • Individuals Reporting: 81

Job Description for Reservoir Engineer

Reservoir engineers are specialists in locating - and helping petroleum companies effectively use - underground reservoirs of fossil fuels. Using geological expertise, knowledge of fluid mechanics, and various forms of technology, the reservoir engineer determines the location of underground fuel reservoirs and their reserve capacities, as well as whether their long-term viability makes them suitable for investment. The reservoir engineer works with geologists to monitor the reserves as fuels are extracted and makes adjustments to extraction processes as geological changes occur with the depletion of the fuel. As easier-to-reach fuel reservoirs are depleted internationally, reservoir engineering increasingly explores new techniques to locate viable drilling spots, and developing and modifying machinery to tap into these spots.

Read More...
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.

Popular Employer Salaries for Reservoir Engineer

About Houston, Texas

Harris County, Texas
2,298,628
Male:
1,149,686 (50.0%)
Female:
1,148,942 (50.0%)
Houston (/ˈhjuːstən/ HYOO-stən) is the most populous city in Texas and the fourth-most populous city in the United States, located in Southeast Texas near the Gulf of Mexico. With a census-estimated 2014 population of 2.239 million within a land area of 599.6 square miles (1,553 km2), it also is the largest city in the Southern United States, as well as the seat of Harris County. It is the principal city of Houston–The Woodlands–Sugar Land, which is the fifth-most populated metropolitan area in the United States. Houston was founded on August 28, 1836, near the banks of Buffalo Bayou (now known as Allen's Landing) and incorporated as a city on June 5, 1837. The city was named after former General Sam Houston, who was president of the Republic of Texas and had commanded and won at the Battle of San Jacinto 25 miles (40 km) east of where the city was established. The burgeoning port and railroad...
Houston:
$48,064
Texas:
$55,653
$923
Houston:
$152,200
Texas:
$152,000
4.0%

Reservoir Engineer Job Listings

Pay by Experience Level for Reservoir Engineer

Pay by Experience for a Reservoir Engineer has a positive trend. An entry-level Reservoir Engineer with less than 5 years of experience can expect to earn an average total compensation of $117,000 based on 16 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Reservoir Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $140,000 based on 18 salaries. An experienced Reservoir Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $188,000 based on 18 salaries. A Reservoir Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $210,000 based on 11 salaries.

Key Stats for Reservoir Engineer

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
Less than 1 year
4%
1-4 years
17%
5-9 years
33%
10-19 years
27%
20 years or more
20%

Experience Affects Reservoir Engineer Salaries

Late-Career
▲40%

Experienced
▲25%

National Average
$150,000

Mid-Career
▼7%

Entry-Level
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
4%
1-4 years
17%
5-9 years
33%
10-19 years
27%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 81%
vision benefits
Vision: 67%
no benefits
None: 5%