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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 2014 and published in May 2015 [1].

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

Percentile BracketAverage Annual Salary
90th Percentile Wage
No Data
75th Percentile Wage
No Data
50th Percentile Wage
$134,950
25th Percentile Wage
$104,180
10th Percentile Wage
$80,750

Table 1 shows the average annual salary for petroleum engineers in Colorado in 5 percentile scales. The median (50th percentile) annual salary is $134,950. The average annual salary of the 25th percentile is $104,180. The average annual salary for the bottom 10 percent is $80,750.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
No Data
75th Percentile Wage
No Data
50th Percentile Wage
$64.88
25th Percentile Wage
$50.09
10th Percentile Wage
$38.82

Table 2 shows the average hourly salary for petroleum engineers in Colorado in 5 percentile scales. The median hourly salary is $64.88. The average hourly salary of the 25th percentile is $50.09. The average hourly salary for the bottom 10 percent is $38.82.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $134,950 3.05%
2013 $130,960 0.52%
2012 $130,280 5.70%
2011 $123,250 -3.27%
2010 $127,420 -

Table 3 shows the salary trend for petroleum engineers in state of Colorado from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 5.91%. We note that in 2013 the average salary increased by 0.52%. We also see the year 2012 had a salary increase 5.70% while year 2011 had a negtive growth of -3.27%.

Table 4. Average Petroleum Engineer Wage in Colorado vs. Related Jobs

OccupationAverage Wage
Petroleum Engineers
$134,950
Engineers, All Other
$100,180
Aerospace Engineers
$118,980
Biomedical Engineers
$93,690
Chemical Engineers
$89,250
Civil Engineers
$79,770
Computer Hardware Engineers
$107,450

Table 5. Median Annual Salary of Petroleum Engineers in Colorado Cities

Table 5 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 $105,630 to $147,400. The highest paying area for petroleum engineers in Colorado is Denver-Aurora-Broomfield with a median annual salary of $147,400. The second highest paying city/area in Colorado State is Greeley (mean annual salary $133,530). The lowest paying area is Grand Junction with a median annual salary of $105,630.

Cities/Areas Median Annual Salary
Denver-Aurora-Broomfield
$147,400
Greeley
$133,530
Grand Junction
$105,630

Petroleum Engineer Salary by State

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