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Petroleum Engineer

$116,413 = Average Base Salary in National Average - U.S., U.S. National Average
$116,413 = National Average Base Salary
Currency in United States Dollars
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Petroleum Engineer Job Description
Designs equipment and processes to achieve the maximum profitable recovery of oil and gas. Searches for reservoirs containing oil or natural gas. Works with geologists and other specialists to understand the geologic formation and properties of the rock containing the... [+] More
Salary Data: National Average - U.S., U.S. National Average
Percentile Base Bonus Benefits Total
16.7 84,039 5,462 12,773 102,274
50 116,413 7,566 17,694 141,673
66.7 148,043 9,622 22,502 180,167
Salary Data: United States National Average
Percentile Base Bonus Benefits Total
16.7 84,039 5,462 12,773 102,274
50 116,413 7,566 17,694 141,673
66.7 148,043 9,622 22,502 180,167
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Currency in United States Dollars

Data reported by the US Department of Labor Occupational Employment Statistics Prevailing Wage Rates for use in H-1B estimates made after 2005 have been enhanced with two calculated columns: Level 2 and Level 3. As of March 28, 2005, new ETA 9089 rules call for surveys to provide at least 4 levels of wages. The Consolidated Appropriations Act, 2005 amended Section 212(p) of the INA, 8 U.S.C. 1182(p), to provide that: The wage required to be paid pursuant shall be 100 percent of the prevailing rates and Where the Secretary of Labor uses, or makes available to employers, a governmental survey to determine prevailing wage, such survey shall provide at least 4 levels of wages commensurate with experience, education, and the level of supervision. Where an existing government survey has only 2 levels, 2 intermediate levels may be created by dividing by 3 the difference between the two levels offered, adding the quotient thus obtained to the first level, and subtracting that quotient from the second level.
SalaryExpert’s calculations are shown below:

For Use In Type Annual Mean Level 1 (I) Level 2 Level 3 Level 4 (II)
2007-2008 OES 4 101,620 64,771 83,193 101,615 120,037
2008-2009 OES 4 113,890 65,790 89,842 113,894 137,946
2009-2010 OES 4 119,140 66,789 92,962 119,136 145,309


The above values are to be used (ed. note: for prevailing wage submissions) except for nonprofits, colleges and universities, college and university operated federally funded research and development centers, and certain research agencies.