Petroleum Engineers
Occupation
$141,280
National Median Salary
$67.92
Median Hourly Wage
18,970
Total Employment
Salary Distribution
10th percentile → 25th → Median → 75th → 90th percentile
Salary Trend (2014-2024)
+8.6%
10 Year Change
$130,050
2014 Median
$141,280
2024 Median
Best Paying Industries
Industry Wage Growth
Best Paying States
Fastest Growing States
Where This Career Pays Above Average
Top Paying Industries for Petroleum Engineers
| Industry | Annual Median | Employment |
|---|---|---|
| Credit Intermediation and Related Activities | $197,580 | — |
| Credit Intermediation and Related Activities (5221 and 5223 only) | $197,570 | — |
| Chemical Manufacturing (3251, 3252, 3253, and 3259 only) | $182,420 | 80 |
| Chemical Manufacturing | $182,420 | 80 |
| Scientific Research and Development Services | $181,100 | 140 |
Top Paying States for Petroleum Engineers
| State | Annual Median | Employment |
|---|---|---|
| Alaska | $200,750 | 310 |
| Colorado | $167,540 | 1,140 |
| Utah | $166,580 | 380 |
| Tennessee | $164,240 | 50 |
| Texas | $153,200 | 10,640 |
Related Occupations
Explore Petroleum Engineers by State
Explore Petroleum Engineers by Industry
See how this career performs in specific industries
Credit Intermediation and Related Activities
Credit Intermediation and Related Activities (5221 and 5223 only)
Chemical Manufacturing
Chemical Manufacturing (3251, 3252, 3253, and 3259 only)
Scientific Research and Development Services
Research and Development in the Physical, Engineering, and Life Sciences
Management of Companies and Enterprises
Oil and Gas Extraction
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Petroleum and Coal Products Manufacturing
State Government, excluding Schools and Hospitals (OEWS Designation)
Pipeline Transportation of Crude Oil