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Petroleum Engineer Salary Information in Colorado

The average annual and hourly salaries for petroleum engineers in the state of Colorado are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of petroleum engineers among Colorado areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Petroleum Engineers in Colorado

Percentile BracketAverage Annual Salary
10th Percentile Wage
$75,390
25th Percentile Wage
$105,980
50th Percentile Wage
$146,780
75th Percentile Wage
$202,450
90th Percentile Wage
No Data

Table 1 shows the average annual salary for petroleum engineers in Colorado in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $202,450. The median (50th percentile) annual salary is $146,780. The average annual salary for the bottom 10 percent is $75,390.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of petroleum engineers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$146,780
3.79% 11.24%
2016
$141,220
1.88% -
2015
$138,570
2.61% -
2014
$134,950
2.96% -
2013
$130,960
0.52% -
2012
$130,280
- -

Table 3. Median Annual Salary of Petroleum Engineers in Colorado Cities

Table 3 shows the median annual salary of petroleum engineers in some Colorado cities and metropolitan areas. We note that the median annual salary of petroleum engineers in state of Colorado ranges from $94,230 to $158,580. The highest paying area for petroleum engineers in Colorado is Denver-Aurora-Broomfield with a median annual salary of $158,580. The second highest paying city/area in Colorado State is West Colorado nonmetropolitan area (mean annual salary $125,040). The lowest paying area is Grand Junction with a median annual salary of $94,230.

Cities/Areas Median Annual Salary
Denver-Aurora-Broomfield
$158,580
West Colorado nonmetropolitan area
$125,040
Greeley
$117,680
Northcentral Colorado nonmetropolitan area
$108,930
Grand Junction
$94,230




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