The annual salary statistics of petroleum engineers in Fort Worth-Arlington, Texas is shown in Table 1. The wage statistics of petroleum engineers in Fort Worth-Arlington is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $86,580 |
| 25th Percentile Wage | $105,120 |
| 50th Percentile Wage | $133,990 |
| 75th Percentile Wage | $185,790 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in Fort Worth-Arlington, Texas in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $185,790. The median (50th percentile) annual salary is $133,990. The average annual salary for the bottom 10 percent earners is $86,580.
The table and chart below show the trend of the median salary of petroleum engineers from 2012 to 2016.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $133,990 | -2.70% | -9.23% |
| 2015 | $137,610 | 6.79% | - |
| 2014 | $128,270 | -14.37% | - |
| 2013 | $146,700 | 0.23% | - |
| 2012 | $146,360 | - | - |
From Table 3 we note that the median annual salary of $133,990 in Fort Worth-Arlington is in the middle of salary range for petroleum engineers in state of Texas. In comparison, the annual salary of petroleum engineers in Fort Worth-Arlington is 18.9 percent (18.9%) lower than that in the highest paying Dallas-Plano-Irving and 39.3 percent (39.3%) higher than that in the lowest paying College Station-Bryan.