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Average Salaries for

This estimated salary is an approximation based on compensation data points gathered from similar job postings or existing salaries for the same or similar job title within the same market. Average salary insights are based on aggregate data and are not specific to any individual job posting.

Petroleum Engineer

National
$145,000

Petroleum Engineer

Petroleum engineers work with specialists to understand geologic formations in an area where oil and gas are discovered. They determine proper drilling methods, design drilling equipment, come up with drilling plans, and oversee drilling operations.

A typical day in the life of a petroleum engineer might include:

  • Analyzing geological information in an office or research laboratory
  • Generating computer-simulated models of drilling formations and equipment
  • Ensuring that oil field equipment is properly installed, operated, and maintained
  • Overseeing drilling site operations.

Average Salaries for

This estimated salary is an approximation based on compensation data points gathered from similar job postings or existing salaries for the same or similar job title within the same market. Average salary insights are based on aggregate data and are not specific to any individual job posting.

Petroleum Engineer

National
$145,000

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Top Pay by Location

These cities have the highest paying median for Petroleum Engineer
Houston, TX
$173,000
Fort Worth, TX
$162,000
Dallas, TX
$162,000
Midland, TX
$152,500
New Orleans, LA
$152,500
Austin, TX
$151,500
San Antonio, TX
$151,000
Irvine, CA
$137,500
Salary information is calculated from job seeker profiles and job postings. Both hourly and yearly wages could be reported.

A typical day in the life of a petroleum engineer might include:

  • Analyzing geological information in an office or research laboratory
  • Generating computer-simulated models of drilling formations and equipment
  • Ensuring that oil field equipment is properly installed, operated, and maintained
  • Overseeing drilling site operations.

Insider Tips

A Petroleum Engineer is typically paid an average salary of around $145,000 annually. In fact, petroleum engineering is considered one of the top-paying careers in the country, as even those just starting out can earn six-figure salaries. Given this career's reliance on the oil and gas industry, however, employment is limited to certain locations.