Petroleum Engineer Salary in Sector of Utilities

The salary statistics of petroleum engineers in the industry sector of utilities are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the utilities sector.

Average Annual Salary of Petroleum Engineers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$59,900
25th Percentile Wage
$72,200
50th Percentile Wage
$92,530
75th Percentile Wage
$124,750
90th Percentile Wage
$160,220

Table 1 shows the average annual salary for petroleum engineers in the industry sector of utilities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) petroleum engineers is $160,220. The median annual salary (50th percentile) is $92,530. The average annual salary for the bottom 10 percent paid petroleum engineers is $59,900.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$92,530
-7.23% -9.56%
2016
$99,220
-6.30% -
2015
$105,470
-9.34% -
2014
$115,320
9.31% -
2013
$104,580
3.06% -
2012
$101,380
- -

Compare Petroleum Engineer Salary in Different Industries within the Utilities Sector

The average salaries of petroleum engineers in five industries in the utilities sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for petroleum engineer occupations is the fossil fuel electric power generation industry with an annual salary $120,060. The lowest paying industry is the natural gas distribution industry (annual salary $91,570). For detailed petroleum engineer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Fossil Fuel Electric Power Generation
$120,060
Electric Power Generation, Transmission and Distribution
$115,890
Nuclear Electric Power Generation
$109,210
Utilities
$92,530
Natural Gas Distribution
$91,570

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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