Petroleum Engineer

17 517 494 Ft (HUF)/yr

8 421,87 Ft (HUF)/hr

812 812 Ft (HUF)/yr

The average petroleum engineer gross salary in Hungary is 17 517 494 Ft or an equivalent hourly rate of 8 422 Ft. In addition, they earn an average bonus of 812 812 Ft. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Hungary. An entry level petroleum engineer (1-3 years of experience) earns an average salary of 12 099 057 Ft. On the other end, a senior level petroleum engineer (8+ years of experience) earns an average salary of 21 860 390 Ft.

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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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25 586 780 Ft (HUF)

46 %

Based on our compensation data, the estimated salary potential for Petroleum Engineer will increase 46 % over 5 years.

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

Typical Field of Study: Petroleum Engineering

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Hungary

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

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Hungary is a landlocked country in Central Europe. Spanning 93,030 square kilometres (35,920 sq mi) of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west. Hungary has a population of 9.6 million, mostly ethnic Hungarians and a significant Romani minority. Hungarian is the official language, and Budapest is the country's capital and largest city...

Sourced from Wikipedia
Plans and designs equipment and processes to achieve the maximum profitable recovery of oil and gas. Prospects for reservoirs containing oil or natural gas. 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. Utilizes computer models to simulate reservoir performance using different recovery techniques and effects of various drilling options. Provides technical consultation during drilling operations. 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.

Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
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