The salary statistics and trend of petroleum engineers in the industry of scientific research and development 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 | $106,560 |
| 25th Percentile Wage | $125,710 |
| 50th Percentile Wage | $174,700 |
| 75th Percentile Wage | $167,210 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salaries for petroleum engineers in the industry of scientific research and development 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 $167,210. The median annual salary (50th percentile) is $174,700. The average annual salary for the bottom 10 percent petroleum engineers is $106,560.
The table and chart below show the trend of the median salary of petroleum engineers in the industry of Scientific Research and Development Services from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $174,700 | 12.70% | 26.37% |
| 2016 | $152,520 | 6.05% | - |
| 2015 | $143,300 | 9.69% | - |
| 2014 | $129,420 | -5.73% | - |
| 2013 | $136,840 | 6.00% | - |
| 2012 | $128,630 | - | - |
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.
| Industry | Median Annual Salary |
|---|---|
| Other Professional, Scientific, and Technical Services | |
| Scientific Research and Development Services | |
| Research and Development in the Physical, Engineering, and Life Sciences | |
| Professional, Scientific, and Technical Services | |
| Architectural, Engineering, and Related Services | |
| Engineering Services | |
| Management, Scientific, and Technical Consulting Services | |
| Testing Laboratories | |