The salary statistics of petroleum engineers in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the professional, scientific, and technical services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $75,290 |
| 25th Percentile Wage | $105,560 |
| 50th Percentile Wage | $135,290 |
| 75th Percentile Wage | $198,030 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in the industry sector of professional, scientific, and technical 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 $198,030. The median annual salary (50th percentile) is $135,290. The average annual salary for the bottom 10 percent paid petroleum engineers is $75,290.
The table and chart below show the trend of the median salary of petroleum engineers in the industry sector of professional, scientific, and technical services from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $135,290 | -8.13% | 11.63% |
| 2017 | $146,290 | 8.83% | - |
| 2016 | $133,370 | -12.09% | - |
| 2015 | $149,500 | 9.95% | - |
| 2014 | $134,620 | 1.49% | - |
| 2013 | $132,620 | 9.86% | - |
| 2012 | $119,550 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].