Rio de Janeiro, Brazil offers an average annual salary of R$217,000, which is equivalent to $54,591.78. Shell is the oldest surviving oil and gas company in Nigeria. These petroleum engineers are making sure that all is ethical and safe. Work hour. Engineer Petroleum Measurement is another company that works for the oil industry assisting in hydrocarbon measurement operations around the world. There are states that pay higher salaries than the rest for Petroleum Engineering jobs. Petroleum engineering salary in the United States should also be looked at state by state. Salary estimates are based on 36 salaries submitted anonymously to Glassdoor by Petroleum Engineer employees. The minimum requirement for the job is a bachelor's degree in petroleum engineering, but many petroleum engineers have additional credentials. The actual conversion rate to US dollars may vary based on current exchange rates in the country. Petroleum engineering has been one of the highest paying careers in the history of engineering jobs. Apply to Petroleum Engineer, Engineer, Hydraulic Engineer and more! The average salary for a Petroleum Engineer is $101,346. ... 16. Keep reading to find out! The median annual wage for petroleum engineers was $137,720 in May 2019. The petroleum engineer may be assigned to any niche or group that relates to this overall work. This group's salaries went up from the 2019 report by almost $5,000. This is primarily because this job demands a lot of you, physically and mentally, while working in remote locations and usually on lengthy schedules. The figures represent accumulated data for all states of employment for Petroleum Engineers. For someone who has just graduated from a Petroleum Engineering degree, you can choose a career in any of the following positions: By subscribing, you agree to our Terms of Use and Privacy Policy. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $70,000 a year, while the top 10% makes $174,000. The national average salary for a Petroleum Engineer is £52,311 in United Kingdom. Oil & gas projects always include large cross-functional teams who work together on accomplishing the same goals and assignments. In 2018-2019, 1,704 people earned their bachelor's in petroleum engineering, making the major the #138 most popular in the United States. It is also one of the highest paying oil companies in Nigeria. In Nigeria, this is great pay. The lowest petroleum engineer salary is R$181,000 and the highest mark is at R$290,000. The lowest pay is at NGN 528,000 and the highest is at NGN 337,000,000. This field of work focuses on the exploration and production of gas and oil. This company is located in New Orleans, Louisiana. We note that the median annual salary of petroleum engineers in … The base salary for Petroleum Engineer ranges from $77,940 to $92,403 with the average base salary of $85,064. Will it be really worth going to college for? View Average Salary for Petroleum Engineer as table In the United States, Petroleum Engineers get paid an average annual salary of $101,107 according to Payscale, while Glassdoor reports an average annual salary of $118,428. For the hourly wage computation, this does not include bonuses or other benefits from the company. Just enter your email and we’ll take care of the rest: © Copyright 2020 | Interesting Engineering, Inc. | All Rights Reserved, We use cookies to ensure you get the best experience on our website. Petroleum engineering. The national average salary for a Petroleum Engineer is $104,917 in United States. An early career Petroleum Engineer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of R572,600 based on 8 … The lowest salary is at SAR 59,000 and the highest is at SAR 955,000. How many hours do petroleum engineers work?Petroleum engineers usually work full time. Then, there’s the planning stage of how to actually prepare to drill the ground so the equipment reaches the source without trouble. 455 Petroleum Engineer jobs available on Indeed.com. Please, exploration and production of gas and oil, Best Aerospace Engineering Schools Worldwide, Top 3 Jobs for Highest Petroleum Engineer Salary, The Engineering Behind Chand Baori and Other Famous Stepwells, Twitter Launches Stories-Like 'Fleets,' Self-Deleting Tweets, Worldwide. As of 2016, a full-time petroleum engineering salary averaged $147,0030 per year, according to the U.S. Bureau of Labor Statistics. The highest pay is more than Rs.2.26M per year and the lowest pay is less than Rs.3.9L per year.The average starting salary of Petroleum Engineers is generally between 3-7 Lakh Rupees per year. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $86,243 to $102,134 with the average total cash compensation of $94,052. And that's why it has maintained its highest salary status until now. By the time a student graduates from a petroleum engineering degree, he/she would have learned what the job entails. On the third rank in terms of highest salary is Alaska with a monthly salary of $12,221 that totals to $146,650 per year. Petroleum Engineer Salary Per Month in Nigeria Shell Nigeria Salary Per Month. Demand for petroleum engineers is expected to be especially high in the field of support activities for mining. It offers a monthly salary of $13,695, which totals to $164,340 per year. Second in rank is Colorado, which pays $13,042 monthly salary, a bit lower than Texas, which totals to $156,500 per year. The petroleum engineers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 . Median Annual Salary of Petroleum Engineers in Montana Cities (2019 Survey) Table 3 shows the median annual salary of petroleum engineers in some Montana cities and metropolitan areas. In order to achieve this task, there are preliminary activities or projects that one must do. sezer66 | Getty Images According to PayScale, workers with this degree earn around $94,000 at the beginning of their careers, … 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. Salary estimates are based on 1,242 salaries submitted anonymously to Glassdoor by Petroleum Engineer employees. Median starting salary of alumni who majored in petroleum engineering: $100,600 Median starting salary of alumni who majored in engineering: $68,700 2019 … Petroleum engineering jobs are paid an average of SAR 237,206 in Saudi Arabia, which is equivalent to $63,248.61 per year. Nigeria offers an average yearly salary of NGN 4,000,000, which is approximately $11,111. How much do they make an hour? ; Highest Paying States for Petroleum Engineering, States with the Highest Number of Employed Petroleum Engineers. 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. $174,000 Petroleum engineers in the United States make an average salary of $111,095 per year or $53.41 per hour. The USA was the region with the highest total compensation. We’ve identified eight states where the typical salary for a Petroleum Engineer job is above … 41 open jobs for Petroleum engineering intern. Full List of Petroleum Engineering Salary and Number of Jobs by State, Average Petroleum Engineering Salary by State, Typical Starting Salary with a Bachelor’s or Master’s Degree, Typical Mid-Career Salary and Potential Max Salary, Salary of Petroleum Engineers from Top Companies, Petroleum Engineering Compensation – Other Useful Info, Architectural, Engineering, and Related Services, Management, Scientific and Related Services, Scientific Research and Developmental Services, The average total compensation (base salary plus bonuses) was, The average bonus fell from nearly $58,000 in 2014 to just under. Filter by location to see Petroleum Engineer salaries in your area. The best-paid 25 percent made $191,780 that year, while the lowest-paid 25 percent made $103,610. Entry Level Salary for Petroleum Engineers: N150,000 to N500,000 Good luck! 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. Its sub-disciplines include reservoir engineering, drilling, and production. Job Title Educational Requirements Median Salary (2019)* Job Growth (2018-2028)* Petroleum Engineers : Bachelor's Degree : $137,720 : 3%: Mechanical Engineers Highest Paying Metropolitan Areas for P.E. Copyright © 2019 | Society of Petroleum Engineers | 222 Palisades Creek Drive, Richardson, Texas 75080 USA | 1.800.456.6863 | www.spe.org 2019 SPE Membership Salary Survey 4 Figure 2 Base Pay and Other Compensation by Work Region 27 55 03 63 45 84 27 5 4 97 9 $50,811 $75,789 $43,037 $29,230 $26,676 $35,085 $25,540 $13,663 $18,055 $32,606 $27,205 $0 $50,000 RELATED: THE BEST PETROLEUM ENGINEERING SCHOOLS WORLDWIDE. Petroleum engineering jobs offer $36 per hour at the percentile of 10%; at the percentile of 25%, it is at $47.78 per hour; at the percentile of 50%, it is as $62.49 per hour; at the percentile of 75%, it is at $88.97 per hour; and at the percentile of 90%, it is as high as $90 per hour or even more. Other states that pay more than $100,000 per year are Washington, Alabama, Louisiana, California, Michigan, Oklahoma, and Indiana (the lowest but still really good at $133,020 per year). In the next few tables we compare the average salaries of petroleum engineers within different industry sectors and in the 50 states of the United States. Employment in Petroleum Engineering Salary Information The Career Center provides a Salary Survey report from graduating Texas A&M University students every semester. 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