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Petroleum Engineer Salary Information in New Mexico

The average annual and hourly salaries for petroleum engineers in the state of New Mexico are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of petroleum engineers among New Mexico cities 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 New Mexico

Percentile BracketAverage Annual Salary
10th Percentile Wage
$66,090
25th Percentile Wage
$72,700
50th Percentile Wage
$85,570
75th Percentile Wage
$127,880
90th Percentile Wage
$154,000

Table 1 shows the average annual salary for petroleum engineers in New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $154,000. The median (50th percentile) annual salary is $85,570. The average annual salary for the bottom 10 percent is $66,090.

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
$85,570
-3.28% -0.16%
2016
$88,380
7.41% -
2015
$81,830
13.45% -
2014
$70,820
-11.83% -
2013
$79,200
-8.22% -
2012
$85,710
- -

Table 3. Median Annual Salary of Petroleum Engineers in New Mexico Cities

Table 3 shows the median annual salary of petroleum engineers in some New Mexico cities and metropolitan areas. We note that the median annual salary of petroleum engineers in state of New Mexico ranges from $83,250 to $97,160. The highest paying area for petroleum engineers in New Mexico is Farmington with a median annual salary of $97,160. The lowest paying area is Eastern New Mexico nonmetropolitan area with a median annual salary of $83,250.

Cities/Areas Median Annual Salary
Farmington
$97,160
Eastern New Mexico nonmetropolitan area
$83,250




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