Salaries above this are outliers. He may also work as a faculty for a school or university, or as a consultant for a private or government industry. However, the retirement of older engineers will open up additional jobs, too. The starting salary of a Petroleum Engineer depends a lot on the company you are joining . Salaries below this are outliers. Find your next high paying job as a Wages above this are outliers. Learn more: $72,500 is the 25th percentile. $4,586 is the 90th percentile. *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. When a site is finalized for extraction, he analyzes the area, and designs a plan to extract the oil without causing a spill and wastage. Wages above this are outliers. Sign up to receive the latest and greatest articles from our site automatically each week (give or take)...right to your inbox. As a technician/specialist, for example, women received total cash compensation of $165,294 annually, while men received $193,077. They include educational qualification, type of employer, work experience, etc. Wages above this are outliers. This job is quite exciting, with various opportunities to explore the world. A Brief Summary and Significance of the Taft-Hartley Act of 1947, Negative Effects of Nepotism at the Workplace, How to Deal with Nepotism at the Workplace, The Ethereum Blockchain is a Decentralized Digital Workhorse, Keep All Your Dogecoin in a Coinbase Wallet, For Coinbase, Monero is Too Private and Way Too Controversial, Transfer from Binance to Coinbase with Ease and Safety. The average starting salary with a bachelor's degree in petroleum engineering was $93,500 annually in 2013, according to the National Association of Colleges (NACE) and Employers salary survey. Salaries above this are outliers. Salaries above this are outliers. The median pay, meaning half earned more, was $92,700 per year. The average pay range for a Petroleum Engineer varies greatly (by as much as $45.43), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. The basic educational requirement is a Bachelor’s degree in petroleum, chemical, or mechanical engineering. These cookies will be stored in your browser only with your consent. This profession is a good choice for those who are interested in earth sciences, and may enjoy exploring various mountains, oceans, and deserts. At the level of manager, women received $215,543 annually in total pay, while men received $248,618.
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