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Petroleum Engineers Salary in U.S. (2024)

The median pay for a petroleum engineers in U.S. is $141,280/year ($67.92/hour), per BLS data. The range runs from $79K at the entry level to $229K for experienced workers.

Updated

AffordMap analysis of BLS Occupational Employment and Wage Statistics, May 2024

$141K
Median annual
$67.92/hr
Hourly rate
$79K
Entry level (10th %)
$229K
Senior level (90th %)

So what does $141K get you in U.S.?

Estimated monthly take-home$8,943/mo
Median 2BR rent-$1,412/mo
Rent as % of take-home15.8% (within guideline)
Cost-of-living adjusted salary$141,280/yr
Monthly remaining after rent$7,531/mo
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About petroleum engineers

U.S. employed: 18,970
Category: Engineering
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Compensation breakdown

Annual earnings by percentile, U.S.

Bar chart showing Petroleum Engineers salary percentiles in U.S.: 10th percentile $78,840, 25th percentile $107,330, median $141,280, 75th percentile $191,100, 90th percentile $228,790. Source: Bureau of Labor Statistics.10th$79K25th$107KMedian$141K75th$191K90th$229K
Bar chart showing Petroleum Engineers salary percentiles in U.S.: 10th percentile $78,840, 25th percentile $107,330, median $141,280, 75th percentile $191,100, 90th percentile $228,790. Source: Bureau of Labor Statistics.

Entry-level petroleum engineers (10th percentile) start around $79K. Mid-career wages sit at $141K.Top earners bring in $229K or more - a $150K spread from bottom to top.

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Petroleum Engineers pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
Alaska$201K+42%310
Utah$167K+18%380
Tennessee$164K+16%50
Texas$153K+8%10,640
Wyoming$153K+8%320
California$148K+5%1,190
Oklahoma$142K+1%1,290
New Jersey$141K-0%30
Louisiana$135K-5%920
Michigan$131K-7%80
North Dakota$130K-8%190
Washington$130K-8%170
Minnesota$129K-9%60
Kansas$118K-16%160
New Mexico$118K-16%390

Track petroleum engineers salary changes

BLS updates this data quarterly. We'll email you when U.S. numbers change.

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Frequently asked questions

How much do petroleum engineers make in U.S.?

The median is $141,280 a year - that works out to about $67.92 an hour. The range is wide: entry-level workers start around $78,840, and experienced petroleum engineers can clear $228,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $141K enough to live in U.S.?

On that salary, you'd take home roughly $8,943/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 15.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

How far does a petroleum engineers salary go in U.S.?

U.S. has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median petroleum engineers salary is worth about $141,280 in national-average purchasing power.

Where do petroleum engineers get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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