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$74,948

Average Base Salary

$36/hr

Average Hourly Rate

$2,151

Average Bonus
The average engineer oil exploration salary in Colorado, United States is $74,948 or an hourly rate of $36. This is 1% higher (+$968) than the average engineer oil exploration salary in the United States. In addition, they earn an average bonus of $2,151.
Salary by Experience

$51,573

Entry Level Salary

$98,450

Senior Level Salary
An entry level engineer oil exploration (1-3 years of experience) earns an average salary of $51,573. On the other end, a senior level engineer oil exploration (8+ years of experience) earns an average salary of $98,450.
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.
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.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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