Petroleum Engineer Drilling & Recovery

14.253.235 ISK (ISK)/yr

6.852,52 ISK (ISK)/hr

575.831 ISK (ISK)/yr

The average petroleum engineer drilling & recovery gross salary in Iceland is 14.253.235 ISK or an equivalent hourly rate of 6.853 ISK. In addition, they earn an average bonus of 575.831 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level petroleum engineer drilling & recovery (1-3 years of experience) earns an average salary of 9.944.197 ISK. On the other end, a senior level petroleum engineer drilling & recovery (8+ years of experience) earns an average salary of 17.780.341 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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18.225.818 ISK (ISK)

28 %

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

This chart displays the highest level of education for:
Petroleum Engineer Drilling & Recovery, the majority at 100% with bachelors.

See how education can impact your salary

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
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. Read More

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Disclaimer

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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.

Do you work in HR or Compensation?
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