The salary statistics and trend of petroleum engineers in the industry of engineering services are shown in the following tables and chart. In Table 3 we compare petroleum engineer salaries in different industries within the professional, scientific, and technical services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $66,620 |
| 25th Percentile Wage | $95,490 |
| 50th Percentile Wage | $135,780 |
| 75th Percentile Wage | $198,840 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salaries for petroleum engineers in the industry of engineering services. The salaries are shown in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) petroleum engineers is $198,840. The median annual salary (50th percentile) is $135,780. The average annual salary for the bottom 10 percent petroleum engineers is $66,620.
The table and chart below show the trend of the median salary of petroleum engineers in the industry of Engineering Services from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $135,780 | -3.48% | 10.21% |
| 2016 | $140,510 | -10.98% | - |
| 2015 | $155,940 | 7.70% | - |
| 2014 | $143,940 | 7.18% | - |
| 2013 | $133,600 | 8.74% | - |
| 2012 | $121,920 | - | - |
The average salaries of petroleum engineers in eight industries within the professional, scientific, and technical services sector are shown in Table 3. For salary information of petroleum engineers in a specific industry, use the links in the table.