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$115,188

Average Base Salary

$55/hr

Average Hourly Rate

$4,631

Average Bonus
The average drilling & recovery petroleum engineer salary in Colorado, United States is $115,188 or an equivalent hourly rate of $55. This is 1% higher (+$1,488) than the average drilling & recovery petroleum engineer salary in the United States. In addition, they earn an average bonus of $4,631. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
Salary by Experience

$84,594

Entry Level Salary

$151,494

Senior Level Salary
An entry level drilling & recovery petroleum engineer (1-3 years of experience) earns an average salary of $84,594. On the other end, a senior level drilling & recovery petroleum engineer (8+ years of experience) earns an average salary of $151,494.

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Job Description
Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.
Education

The chart below breaks down accounts by the highest level of education obtained.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

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