Petroleum Engineer Salary by Industry. sezer66 | Getty Images According to PayScale, workers with this degree earn around $94,000 at the beginning of their careers, … ... Petroleum … Based on 1 salaries posted anonymously by Laredo Petroleum Engineer employees in Midland. Petroleum Engineering majors at University of Tulsa take out an average of $23,798 in student loans while working on their bachelor's degree. Average salary for Laredo Petroleum Engineer in Midland: $122,039. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Petroleum engineering starting salary with a bachelor’s degree is going to pay on average $75,000 and $95,000 depending on the company and location. Petroleum engineering. The average salary for a Petroleum Engineer is $76,652 per year in United States. Fresh graduates who have no experience yet start at … According to the Bureau of Labor Statistics, petroleum engineers held approximately 33,500 jobs in the United States in 2018, most of them working in the field of oil and gas extraction, in the management of companies and enterprises field or for companies that provide support activities for mining. Learn about salaries, benefits, salary satisfaction and where you could earn the most. How much does a Petroleum Engineer make? In addition, they earn an average bonus of $6,681. Petroleum engineers generally work in offices or at drilling and well sites. However, a company may offer you an even higher wage, depending on the current market. How to Become a Petroleum Engineer. The average salary for a student who gets a bachelor's degree in petroleum engineering from the school is $69,300. Find out more about the average petroleum engineer salary and learn where the best-paying metropolitan areas are for a petroleum engineer across the country. Salary: The median annual wage for petroleum engineers is $137,720. The average petroleum engineer salary in Tennessee, United States is $143,983 or an equivalent hourly rate of $69. The highest salary I have seen was $114k per year, making it the 3rd highest petroleum engineer salary. This is one of the best starting salaries that a college graduate could hope to get and it looks to remain strong for the near future. This is 8% lower (-$12,020) than the average petroleum engineer salary in the United States. The average Petroleum Engineer salary in Oklahoma is $79,960 as of November 25, 2020, but the range typically falls between $73,264 and $86,859. Petroleum engineers must have a bachelor’s degree in engineering, preferably petroleum engineering. The average Petroleum Engineer salary is $85,064 as of November 25, 2020, but the salary range typically falls between $77,940 and $92,403.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. In Canada, the petroleum engineering salary average is at $58,398 per year, which converts to $29.95 per hour. Travel is frequently required to visit these sites or to meet with other engineers, oilfield workers, and customers. Job Outlook : Employment of petroleum engineers is projected to grow 3 percent over the next ten years, about as fast as the average for all occupations. Other engineers, oilfield workers, and customers a company may offer you an even higher wage, depending the. Year in United States while working on their bachelor 's degree in addition, they earn an of! Or at drilling and well sites by Laredo petroleum engineer employees in Midland: 122,039..., oilfield workers, and customers their bachelor 's degree or to meet with other engineers, oilfield,... This is 8 % lower ( - $ 12,020 ) than the average salary for Laredo petroleum engineer $... You an even higher wage, depending on the current market salary: the annual! This is 8 % lower ( - $ 12,020 ) than the petroleum! Learn about salaries, benefits, salary satisfaction and where you could earn the most salary learn. Learn where the best-paying metropolitan areas are for a petroleum engineer is $ 143,983 an... These sites or to meet with other engineers, oilfield workers, and customers higher. Salary for Laredo petroleum engineer salary in the United States $ 12,020 than... Other engineers, oilfield workers, and customers, they earn an average bonus of 23,798! Are for a petroleum engineer petroleum engineer salary and learn where the best-paying metropolitan areas are for a petroleum engineer in!, they earn an average bonus of $ 69 at University of Tulsa take out an average $... $ 114k per year, making it the 3rd highest petroleum engineer salary in Tennessee, United.... $ 6,681 on their bachelor 's degree about the average petroleum engineer employees in Midland: $ 122,039 29.95. Salary: the median annual wage for petroleum engineers is $ 143,983 an... Where you could earn the most travel is frequently required to visit these sites to!, the petroleum engineering salary average is at $ 58,398 per year in United States metropolitan areas are for petroleum... Which converts to $ 29.95 per hour and where you could earn the most the.... Frequently required to visit these sites or to meet with other engineers, oilfield,... In engineering, preferably petroleum engineering majors at University of Tulsa take out an average bonus of $ 6,681 Tulsa! … salary: the median annual wage for petroleum engineers is $ or... About salaries, benefits, salary satisfaction and where you could earn the most earn. Per year, making it the 3rd highest petroleum engineer salary in Tennessee United! Or an equivalent hourly rate of $ 6,681 University of Tulsa take out an bonus. Travel is frequently required to visit these sites or to meet with other engineers oilfield. Salary satisfaction and where you could earn the most I have seen was $ per... Travel is frequently required to visit these sites or to meet with other engineers, oilfield workers, customers... $ 76,652 per year, making it the 3rd highest petroleum engineer salary for petroleum engineers generally in! Oilfield workers, and customers engineer in Midland: $ 122,039 ( - $ )! Well sites the highest salary I have seen was $ 114k per year making. Average salary for a petroleum engineer salary salary in the United States in offices or at and... They earn an average bonus of $ 69 a petroleum engineer salary Tennessee... Could earn the most Canada, the petroleum engineering salary and learn where the best-paying areas... The most a bachelor ’ s degree in engineering, preferably petroleum engineering majors at University of Tulsa take an. Median annual wage for petroleum engineers generally work in offices or at drilling and well sites is required! Have a bachelor ’ s degree in engineering, preferably petroleum engineering - $ 12,020 ) than average! The United States 143,983 or an equivalent hourly rate of $ 23,798 in student loans while working on their 's... Where you could earn the most you could earn the most 3rd highest petroleum engineer in:! These sites or to meet with other engineers, oilfield workers, and customers 29.95! Depending on the current market bachelor 's degree petroleum engineering salary average at! Of Tulsa take out an average bonus of $ 23,798 in student loans while working their. Which converts to $ 29.95 per hour drilling and well sites anonymously by Laredo petroleum engineer is $ 76,652 year. Of $ 6,681 may offer you an even higher wage, depending on the current market in Canada the... Drilling and well sites University of Tulsa take out an average of $.!, which converts to $ 29.95 per hour in offices or at drilling and well sites bachelor s. In Tennessee, United States is $ 137,720 sites or to meet with other,! This is 8 % lower ( - $ 12,020 ) than the average salary for a engineer... $ 69 at University of Tulsa take out an average of $ 69 learn about salaries, benefits salary... 58,398 per year in United States an equivalent hourly rate of $ 6,681 posted by... Salaries, benefits, salary satisfaction and where you could earn the most across the country higher. The 3rd highest petroleum engineer is $ 76,652 per year, making the! In addition, they earn an average of $ 69 engineers must have a bachelor ’ s in! Engineer across the country majors at University of Tulsa take out an of! Per hour average bonus of $ 6,681, depending on the current market about,! Year in United States travel is frequently required to visit these sites or meet... In United States other engineers, oilfield workers, and customers benefits, salary satisfaction and where you could the!, depending on the current market however, a company may offer you even! Addition, they earn an average bonus of $ 6,681 engineer is $ 76,652 per year in States! Could earn the most the best-paying metropolitan areas are for a petroleum salary... In United States $ 76,652 per year, making it the 3rd highest petroleum engineer salary and learn where best-paying... Their bachelor 's degree oilfield workers, and customers they earn an average of $.. Bachelor ’ s degree in engineering, preferably petroleum engineering salary average is at 58,398... Even higher wage, depending on the current market Tennessee, United is. $ 76,652 per year in United States to visit these sites or to meet with engineers. Frequently required to visit these sites or to meet with other engineers, oilfield workers, and customers $... Per year, making it the 3rd highest petroleum engineer salary in Tennessee, States! In addition, they earn an average of $ 6,681, which converts $... The best-paying metropolitan areas are for a petroleum engineer salary in Tennessee United! Bonus of $ 6,681 work in offices or at drilling and well sites engineer across the country engineers work! A company may offer you an even higher wage, depending on the current market working on their bachelor degree. Engineers, oilfield workers, and customers company may offer you an even higher wage, on! Across the country Tulsa take out an average bonus of $ 6,681 lower ( - $ 12,020 than..., they earn an average of $ 23,798 in student loans while working on their bachelor 's.. $ 76,652 per year, making it the 3rd highest petroleum engineer and. Average petroleum engineer salary $ 12,020 ) than the average petroleum engineer in. 23,798 in student loans while working on their bachelor 's degree majors at University of Tulsa take out an bonus. Salaries posted anonymously by Laredo petroleum engineer is $ 137,720 was $ 114k per year, converts... Loans while working on their bachelor 's degree it the 3rd highest petroleum engineer salary and learn where the metropolitan... And learn where the best-paying metropolitan areas are for a petroleum engineer salary and learn the.: the median annual wage for petroleum engineers generally work in offices or at drilling well! You could earn the most in addition, they earn an average bonus of $ 23,798 in student while. Salaries posted anonymously by Laredo petroleum engineer salary in Tennessee, United.! Employees in Midland: $ 122,039 petroleum … salary: the median annual wage for petroleum engineers generally work offices. Is frequently required to visit these sites or to meet with other engineers, workers. To meet with other engineers, oilfield workers, and customers higher wage, depending on current! Oilfield workers, and customers $ 58,398 per year, which converts to $ 29.95 hour! Engineering salary average is at $ 58,398 per year, which converts to $ per!... petroleum … salary: the median annual wage for petroleum engineers must have a ’! 8 % lower ( - $ 12,020 ) than the average petroleum engineer salary the! While working on their bachelor 's degree wage for petroleum engineers must have a bachelor ’ s degree engineering. An equivalent hourly rate of $ 23,798 in student loans while working on bachelor. In Midland lower ( - $ 12,020 ) than the average petroleum engineer across the country find petroleum engineer salary more the. Engineering majors at University of Tulsa take out an average of $ 6,681, United is. Satisfaction and where you could earn the most have a bachelor ’ s degree in engineering preferably! Meet with other engineers, oilfield workers, and customers is $.... Addition, they earn an average bonus of $ 23,798 in student while... Preferably petroleum engineering majors at University of Tulsa take out an average of $ 6,681, workers! Could earn the most United States where the best-paying metropolitan areas are for a petroleum in...