Petroleum Engineer Salary

Bureau of Labor Statistics title: Petroleum Engineers

The median petroleum engineer salary in the United States is $144,910 per year ($69.67/hour). Salaries range from $81,440 at the entry level to $253,200+ for the top 10% of earners. There are 18,060 petroleum engineer jobs nationwide. Employment is projected to grow 1.3% through 2034.

Last updated: June 2026 Β· Source: U.S. Bureau of Labor Statistics

Also known asPetroleum EngineerReservoir Engineer
Median Salary
$144,910
per year
Hourly Rate
$69.67
per hour
Employment
18,060
jobs in the U.S.

Salary Distribution

10th percentile
$81,440
25th percentile
$106,270
Median
$144,910
75th percentile
$197,920
90th percentile
$253,200

Job Growth (2024-2034)

+1.3%
Slower than average

Annual Openings

1,200
jobs/year (growth + replacements)

Education Required

Bachelor's degree

Petroleum Engineer Career Guide

Interview questions, resume templates, and a career ladder written specifically for petroleum engineers.

Petroleum Engineers design + develop oil + gas exploration + production. Career splits: majors (ExxonMobil, Chevron, Shell, BP), independent producers (Occidental, Marathon, Pioneer), service companies (Halliburton, Schlumberger, Baker Hughes), consulting + engineering firms, government + regulatory. Path: bachelor's in Petroleum Engineering + FE + PE. Historically among the highest-paid engineering specialties but cyclical with commodity prices. Median compensation: entry $90-130k; mid $120-180k; senior $160-240k+; principal $200-320k+; executive $280-500k+.

Core Skills Hiring Managers Screen For

Reservoir engineering
Formation evaluation + fluid dynamics + reservoir simulation.
Drilling engineering
Well design + drilling mud + directional drilling + completions.
Production engineering
Well performance + artificial lift + workovers + optimization.
Reservoir simulation software (CMG, Eclipse, Nexus)
Modeling reservoir behavior + forecasting production.
Economics + valuation
NPV + DCF + risk analysis of development projects.
Safety + regulatory (BSEE, EPA, state)
OSHA + BSEE + environmental compliance.
Geology + geophysics collaboration
Multi-disciplinary team + subsurface interpretation.
Field operations + facilities
Onshore + offshore + facilities design.

How to Become a Petroleum Engineer

  1. 1
    Bachelor's in Petroleum Engineering (ABET-accredited)
    Top programs: Texas A&M, Stanford, Colorado School of Mines, LSU.
  2. 2
    FE exam during senior year
    First step to PE.
  3. 3
    Entry engineer role at major or service company
    Structured training programs.
  4. 4
    PE license after 4 years
    Technical leadership + design certification.
  5. 5
    Specialize (reservoir, drilling, production, completions, unconventional)
    Specialty commands premium.
  6. 6
    Advance to Sr / Principal / Management
    Higher pay + broader scope.

Career Progression

Entry Engineer
0-3 yrs$85-125k
  • β€’Rotational training + support
Next: Engineer.
Engineer
3-7 yrs$115-170k
  • β€’Independent engineering
Next: Sr Engineer.
Senior Engineer
7-15 yrs$155-235k
  • β€’Technical leadership + complex projects
Next: Principal / Team Lead.
Principal / Team Lead
12-20+ yrs$210-320k+ + bonus
  • β€’Multi-project + team leadership
Next: Manager / Director.
Manager / Director / Chief Engineer
20+ yrs$280-500k+ + equity + bonus
  • β€’Executive team + P&L

Interview Questions & Answers

5 free questions below. Career Kit unlocks 9 total plus resume bullets for every level.

Q1. Walk me through a reservoir project.case
STAR + reservoir characterization + development plan + outcome.
Q2. How do you approach economics of a well?case
NPV + DCF + risk + sensitivity + decision.
Q3. Tell me about a challenging project.behavioral
STAR + technical + team + outcome.
Q4. Why our company?culture
Research + concrete citation.
Q5. How do you handle safety on offshore?situational
Safety culture + procedures + never bypass + escalation.

Resume Template β€” Petroleum Engineer (3-6 yrs)

Copy these bullets into your resume as a starting point. Career Kit includes bullets for every level of the ladder.

Petroleum Engineer (3-6 yrs)
  • β–ΈPetroleum Engineer, [Company], responsible for reservoir engineering + production optimization.
  • β–ΈPE license + SPE + specialty certifications.
  • β–ΈLed development of $18M well program on-schedule + under-budget.
  • β–ΈContributed to 40% production increase through optimization program.

What Gets You Rejected

  • βœ—Weak reservoir or drilling fundamentals.
  • βœ—Poor safety awareness.
  • βœ—Bad-mouthing prior company.
  • βœ—Missing key software fluency.

Salary Negotiation Levers

  • βœ“Base + performance bonus + equity.
  • βœ“Sign-on $15-50k common.
  • βœ“Relocation + housing (offshore + remote).
  • βœ“PE + SPE support.
  • βœ“PTO 4-5 weeks + rotation schedule.
  • βœ“Hazard + rotation pay.

Petroleum Engineer Resume Review β€” $29

Personalized resume review from someone who has hired petroleum engineers. Purchase, email your resume to support@weblabra.com, and receive detailed written feedback within 7 days.

  • βœ“ Occupation-specific critique (not generic)
  • βœ“ Rewrite suggestions for weak bullets
  • βœ“ Missing skills / keywords flagged
  • βœ“ Formatting + ATS-readability feedback
  • βœ“ 7-day turnaround, 100% refund if we miss it

Petroleum Engineer Career Kit β€” $19

  • βœ“ All 9 interview questions with expert answers
  • βœ“ 10 real questions aggregated from Glassdoor, Blind, Reddit, LinkedIn
  • βœ“ Interview format intel for 5 top employers
  • βœ“ 3 copy-paste salary negotiation emails
  • βœ“ Resume bullets for every level of the career ladder
  • βœ“ 30–60–90 day plan for your first role
  • βœ“ Cover letter templates specific to this occupation
  • βœ“ Detailed salary negotiation script
  • βœ“ Ranked list of certifications with cost + ROI
  • βœ“ Downloadable PDF for offline access
  • βœ“ Instant access, no expiration, no subscription
βœ“ 7-day money-back guarantee β€” no questions asked

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Petroleum Engineer Salary by State

Best Cities (cost-adjusted) β†’

Salary Map β€” Click a state for details

$93K
$206Kβ–  No data
StateMedianvs. National
Alaska$206,290+42.4%
Utah$172,840+19.3%
Colorado$172,190+18.8%
Texas$164,860+13.8%
Oklahoma$153,020+5.6%
California$143,590-0.9%
Louisiana$139,640-3.6%
Washington$134,800-7.0%
North Dakota$132,120-8.8%
Kansas$115,640-20.2%
1–10 of 16

Petroleum Engineer Salary by Metro Area

Metro AreaMedianvs. National
Anchorage, AK$212,240+46.5%
Salt Lake City-Murray, UT$180,230+24.4%
Oklahoma City, OK$176,200+21.6%
Denver-Aurora-Centennial, CO$174,580+20.5%
Midland, TX$172,070+18.7%
Houston-Pasadena-The Woodlands, TX$169,870+17.2%
Austin-Round Rock-San Marcos, TX$168,860+16.5%
Dallas-Fort Worth-Arlington, TX$168,600+16.3%
Beaumont-Port Arthur, TX$167,600+15.7%
Los Angeles-Long Beach-Anaheim, CA$167,000+15.2%
1–10 of 36
Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS). Data reflects the most recent annual survey.
How does this compare to pro athletes?
A petroleum engineer earning $144,910/year would need 411 years to match Stephen Curry's NBA salary, or 442 yearsto match Patrick Mahomes' NFL contract.
See all sports & celebrity salaries β†’
πŸ“ˆ See how petroleum engineer salaries have changed over the past decade.
View Petroleum Engineer salary trend (2011–2024) β†’