The salary statistics of petroleum engineers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | |
| 25th Percentile Wage | |
| 50th Percentile Wage | |
| 75th Percentile Wage | |
| 90th Percentile Wage | |
Table 1 shows the average annual salary for petroleum engineers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The median annual salary (50th percentile) is $167,210. The average annual salary of the 25th percentile is $100,690. The average annual salary for the bottom 10 percent paid petroleum engineers is $65,740.
The following table and chart show the trend of the median salary of petroleum engineers in the industry sector of finance and insurance from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2016.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2016 | 167,210 | 3.31% | 3.31% |
| 2014 | 161,680 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].
