Engineer Reservoir

14.667.122 ISK (ISK)/yr

7.051,50 ISK (ISK)/hr

680.554 ISK (ISK)/yr

The average engineer reservoir gross salary in Iceland is 14.667.122 ISK or an equivalent hourly rate of 7.052 ISK. In addition, they earn an average bonus of 680.554 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level engineer reservoir (1-3 years of experience) earns an average salary of 10.143.195 ISK. On the other end, a senior level engineer reservoir (8+ years of experience) earns an average salary of 18.326.569 ISK.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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18.755.061 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Engineer Reservoir will increase 28 % over 5 years.

This chart displays the highest level of education for:
Engineer Reservoir, the majority at 50% with masters.

Typical Field of Study: Petroleum Engineering

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Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Prospects for and finds reservoirs containing oil or natural gas, and aids petroleum companies in determining how to use them. Plans and designs equipment and processes to achieve the maximum profitable recovery of oil and gas. Determines the capacity of the underground fuel reservoirs, evaluates fuel quantities as they are extracted, maintains the reserves, and adjusts the extraction processes as... geological changes occur with the depletion of the fuel. Collaborates with geologists and other specialists to understand the geologic formation and properties of the rock containing the reservoir, determine the drilling methods to be used, and monitor drilling and production operations. Develops well drilling plan for management approval. Excludes paraprofessional positions. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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