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Petroleum Engineer Salary Information

The salary statistics of petroleum engineers are shown in Table 1. In the next few tables we compare the average salaries of petroleum engineers within different industry sectors and in the 50 states of the United States. The petroleum engineers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Petroleum Engineer Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$74,400
25th Percentile Wage
$99,900
50th Percentile Wage
$132,280
75th Percentile Wage
$190,580
90th Percentile Wage
No Data

Table 1 shows the average annual salary for petroleum engineers. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $190,580. The median annual salary (50th percentile) is $132,280. The average annual salary for the bottom 10 percent is $74,400. It is noted that in the United States, the annual salary of the 75th percentile (the top 25 percent of the highest paid) is almost 156% higher than that of the bottom 10 percent.

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
$132,280
3.06% 1.51%
2016
$128,230
-1.37% -
2015
$129,990
-0.05% -
2014
$130,050
-1.75% -
2013
$132,320
1.54% -
2012
$130,280
- -

Table 2. Petroleum Engineer Salary by Industry Sector

The average salaries of petroleum engineers in 13 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for petroleum engineers occupations is the management of companies and enterprises sector with an annual salary $167,950. The lowest paying sector is the educational services sector (annual salary $51,660).

Industry Sector Median Annual Salary
Management of Companies and Enterprises
$167,950
Finance and Insurance
$162,850
Construction
$159,330
Administrative and Support and Waste Management and Remediation Services
$155,600
Professional, Scientific, and Technical Services
$146,290
Mining
$127,350
Manufacturing
$123,140
Wholesale Trade
$121,590
Transportation and Warehousing
$117,380
Federal, State, and Local Government
$107,370
Utilities
$92,530
Real Estate and Rental and Leasing
$89,690
Educational Services
$51,660

Table 3. Median Annual Wage of Petroleum Engineers by States

From the above tables we note that not only petroleum engineers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of petroleum engineers in all 50 states of the United States. We note that the median annual salaries range from $68,270 to $168,140. The highest paying state for petroleum engineers is New Jersey with a median annual salary of $168,140. The lowest paying state is Illinois with a median annual salary of $68,270. For more salary information of petroleum engineers profession in a specific state, use the links in the table.

State Name Median Annual Salary
New Jersey
$168,140
Texas
$149,150
Colorado
$146,780
Alaska
$137,780
Washington
$135,480
North Dakota
$133,560
Louisiana
$129,530
Virginia
$125,090
California
$122,750
Kentucky
$119,310
Montana
$119,310
Utah
$119,260
Arizona
$117,250
Alabama
$116,700
Oklahoma
$115,900
Mississippi
$115,100
Pennsylvania
$112,720
Indiana
$111,250
Georgia
$110,890
Arkansas
$110,410
Kansas
$105,380
Wyoming
$103,940
Michigan
$102,620
West Virginia
$100,490
Missouri
$96,540
Tennessee
$92,370
New Mexico
$85,570
Ohio
$81,000
Illinois
$68,270



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