$90,858
Avg. Salary
Avg. Hourly Rate
Help us gather more data! Is Reservoir Engineer your job title? Find out what you're worth.

The average pay for a Reservoir Engineer with Reservoir Engineering skills in Oklahoma City, Oklahoma is {{pay}} per hour.

The median Reservoir Engineer has a base pay of $90,858. Salaries generally range from $64k to $247k. The median bonus is . Skills that can affect salary include Reservoir Engineering.
$0.00
10%
$0.00
50%
$0.00
90%
MEDIAN $0.00
$64k
10%
$91k
50%
$247k
90%
MEDIAN $90,858
$64,341 - $246,581
$64K
$91K
$250K
MEDIAN: $90,858
10%
50%
90%

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$0$303K
Salary $64,341 - $246,581
Bonus $15,500
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).
)
$71,509 - $303,401
  • Country: United States
  • Currency: USD
  • Updated: 14 Feb 2019
  • Individuals Reporting: 11

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.

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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.

About Oklahoma City, Oklahoma

Oklahoma County, Oklahoma
631,263
Male:
309,227 (49.0%)
Female:
322,036 (51.0%)
Oklahoma City is the capital and largest city of the state of Oklahoma. The county seat of Oklahoma County, the city ranks 27th among United States cities in population. The population grew following the 2010 Census, with the population estimated to have increased to 631,346 as of July 2015. As of 2015, the Oklahoma City metropolitan area had a population of 1,358,452, and the Oklahoma City-Shawnee Combined Statistical Area had a population of 1,459,758 (Chamber of Commerce) residents, making it Oklahoma's largest metropolitan area. Oklahoma City's city-limits extend into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside of the core Oklahoma County area are suburban or rural (watershed). The city ranks as the eighth-largest city in the United States by land area (including consolidated city-counties; it is the largest city in the United States by land area whose government is not consolidated with that of a county or...
Oklahoma City:
$50,739
Oklahoma:
$48,568
$814
Oklahoma City:
$148,500
Oklahoma:
$126,800
2.9%

Reservoir Engineer Job Listings

Key Stats for Reservoir Engineer

1-4 years
67%
10-19 years
8%
20 years or more
25%

Years of Experience

1-4 years
67%
10-19 years
8%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 88%
vision benefits
Vision: 75%
no benefits
None: