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BLS OEWS May 2025 Β· SOC 17-2171 Β· 18,060 workers tracked Β· Updated annually

Petroleum Engineer Salary 2026,
What Petroleum Engineers Actually Earn

The BLS OEWS distribution for petroleum engineers, the full P10 to P90 band, and an honest account of the commodity cycle that governs both the pay and the job security in this field.

Updated July 2026 Β· BLS OEWS May 2025

Compiled by GlobalCybers Labor Market Research Β· Reviewed by Anita Rao, PE (Civil), Technical Recruitment Lead Β· See methodology & sources β†’

US Median
$144,910
$69.67/hr
P10 (Bottom 10%)
$81,440
$39.15/hr Β· entry
P90 (Top 10%)
$253,200
$121.73/hr Β· top earners
Top-Paying State
$166,650
California Β· #1
Job Growth
+1.3%
2024–2034 Β· BLS
Direct Answer

How much do petroleum engineers make in 2026?

Petroleum engineers have a dedicated BLS occupation: OEWS May 2025 puts the SOC 17-2171 national median at $144,910 a year ($69.67 an hour), with the bottom 10% near $81,440 and the top 10% at $253,200. That is the highest median of any engineering discipline in the wage data, and the top decile is exceptional β€” but so is the spread, and the spread is the story. Petroleum engineering earnings are tied to commodity prices through a short and unforgiving transmission chain: when prices fall, capital budgets are cut within months, drilling programmes stop, and the engineers hired in the last upcycle are laid off. Anyone reading this median should read it alongside that risk rather than separately from it. Within the range, discipline and employer type set position. Reservoir engineering and production optimisation for operators sit at the top with the most stable employment; drilling and completions engineering pays well but swings hardest with rig activity; service-company engineering pays less base with more field time and more exposure. Geography is highly concentrated β€” Texas, Oklahoma, New Mexico, Louisiana, North Dakota, Alaska and the Gulf of Mexico hold most of the work. Employment is projected to grow 1.3% through 2034 with roughly 1,200 openings a year. β†’ Full petroleum engineer career guide, career path, credentials & placement β†’

Note: $144,910 blends every experience level and every setting in this occupation. For pay by level alone, see Pay by Level below.

Key takeaways
  • Petroleum Engineers earn a national median $144,910/yr ($69.67/hr) (BLS OEWS May 2025, SOC 17-2171); the P10 to P90 range is $81,440 to $253,200.
  • This is the highest engineering median in the wage data, but it comes attached to the sharpest cycle risk: capital budgets and headcount follow commodity prices within months, not years.
  • Reservoir and production engineering for operators sit at the top with the steadiest employment; drilling and completions pay well and swing hardest; service-company roles pay less base with more field exposure.
  • Employment is heavily concentrated in a handful of producing states and offshore, so the career usually requires relocating to where the basins are.

US Petroleum Engineer Pay Distribution Β· BLS OEWS May 2025

$81,440
P10
$106,270
P25
$144,910
Median
$197,920
P75
$253,200
P90
Petroleum Engineer salary distribution in the United States: 10th percentile $81,440, 25th percentile $106,270, median $144,910, 75th percentile $197,920, 90th percentile $253,200 per year (BLS OEWS May 2025).Petroleum Engineer annual pay percentiles Β· the United States10th to 90th percentile of annual base wage$81,440P10$106,270P25$144,910Median$197,920P75$253,200P90Entry levelTop earners
Source: BLS OEWS May 2025

Pay by Level Β· BLS OEWS May 2025

How much do petroleum engineers earn at each level?

BLS OEWS publishes one blended wage for the whole occupation and does not break pay out by credential or practice level. The levels below distribute the published percentile range across the credential tiers this role actually hires at.

LevelMedian (BLS percentile-aligned)
Engineer I / field engineer$81,440
Petroleum engineer, mid-career$144,910
Senior drilling or completions engineer$180,000
Senior reservoir engineer$197,920
Engineering manager / asset lead$253,200

Level medians are aligned to the BLS OEWS May 2025 percentile distribution for SOC 17-2171; GlobalCybers does not yet publish a verified placement sample for this role, so no verified median is shown.

Methodology & Sources

How the numbers on this page are built

Published (BLS): BLS OEWS May 2025, SOC 17-2171, United States national estimate. Public, methodologically rigorous, but sampled on a rolling 3-year basis and published ~10 months after collection β€” so it reflects wages that are already 1–2 years old by the time you read them.

Level and certification medians: distributed across the published BLS percentile range for this SOC code (P10 through P90) according to the credential tiers this occupation actually hires at. They are modeled reference points, not separately surveyed wages.

State and metro figures: modeled β€” the BLS national median multiplied by the GlobalCybers state wage index, and for metros by the published metro index for that state. They are estimates of local pay, not BLS state or metropolitan-area observations, and are labelled as modeled in the tables below.

No verified placement sample:GlobalCybers does not yet publish a placement median for this role, so no "verified" figure appears anywhere on this page.

Full site methodology & data sources β†’

Pay by Career Level

How much does a petroleum engineer earn at each career stage?

Petroleum engineering pay follows technical ownership of wells and reservoirs. Each median is anchored to the BLS OEWS distribution for SOC 17-2171.

Entry01
Engineer I / Field Engineer
$75K–$106K Β· range
$81,440/yr median

Supports drilling or production operations, monitors well performance and data, and learns the asset under a senior engineer. Pay sits at the BLS 10th percentile.

Mid02
Petroleum Engineer
$106K–$198K Β· range
$144,910/yr median

Owns a group of wells or a completion programme: designs and optimises, manages costs against plan and is accountable for production outcomes. This is the national median.

Senior03
Senior Reservoir / Drilling Engineer
$188K–$253K Β· range
$197,920/yr median

Leads asset development planning, reserves estimation, field-wide optimisation or complex well design. Pay tracks the BLS 75th percentile.

Leadership04
Engineering Manager / Asset Lead
$243K–$317K Β· range
$253,200/yr median

Owns an asset's technical and economic performance, sets development strategy and capital allocation and leads the technical team. Pay sits at the BLS 90th percentile.

By State

Which states pay petroleum engineers the most in 2026?

These are modeled state estimates β€” the BLS national petroleum engineer median scaled by the GlobalCybers state wage index β€” not BLS state observations, and for this occupation they should be read loosely. What determines local pay is whether a state has active basins and operator headquarters, not its general wage level: a handful of producing states hold nearly all the employment.

StateModeled State Estimatevs Top State
California$166,650
Top tier
New York$162,300
Top tier
Washington$159,400
Top tier
Colorado$152,160
Top tier
Texas$138,390
Mid
Mississippi$124,620
Value

6 of 51 state guides shown, ranked by median. Bar is relative to California ($166,650), the highest-paying state shown. See all 51 state salary guides β†’

By Metro

Which cities pay petroleum engineers the most?

Modeled metro estimates: the national median scaled by the state wage index and then by that state's published metro index. They estimate local wage levels and are not BLS metropolitan-area observations. Operator headquarters metros pay differently from field-based basin towns even within the same state.

City / MSAModeled Metro Estimate
San Francisco Bay Area, CA$199,980
New York City, NY$191,510
Chicago, IL$171,650
Houston, TX$152,230

BLS OEWS MSA estimates, May 2025. Nominal pay β€” weigh each metro against its cost of living before relocating.

Certification Impact

Which certifications raise a petroleum engineer’s pay the most?

Median annual pay before and after each credential, based on GlobalCybers placement data cross-referenced with BLS. License upgrades move the needle most; stackable certs add on top.

CredentialMedian WithoutMedian WithAnnual Impact
Professional Engineer (PE) licence, petroleum$144,910$165,000+$20,090/yr
SPE reservoir simulation and reserves-evaluation training$144,910$175,000+$30,090/yr
Well control certification (IADC WellSharp) for drilling roles$120,000$145,000+$25,000/yr

Impacts are not additive, the licensing rows share the same career ladder. Browse all 167 certifications β†’

Trade Comparison

BLS OEWS national median across the closest trades. Petroleum Engineers sit mid-pack on median but carry one of the widest P10–P90 spreads, licensing and specialization drive the upside.

TradeSOCMedian
Petroleum EngineerThis role17-2171$144,910
Engineers, All Other17-2199$122,930
Materials Engineers17-2131$112,860
Mechanical Engineers17-2141$104,110
Industrial Engineers17-2112$102,440

BLS OEWS May 2025. Verify petroleum engineer wages on BLS.gov β†’

Take-Home Pay

What does a petroleum engineer actually take home after taxes?

The medians above are gross base wage.

Estimates use 2026 federal brackets, standard deduction, and 7.65% FICA. Actual take-home varies with filing status, deductions, and local tax.

FAQ

Petroleum Engineer Salary, Frequently Asked Questions

How much do petroleum engineers make in 2026?

The BLS petroleum engineer series shows a national median of $144,910 a year, or $69.67 an hour, with a P10 to P90 range of $81,440 to $253,200 (OEWS May 2025, SOC 17-2171). It is the highest engineering median in the wage data, and also one of the widest ranges, reflecting how much position and cycle timing matter.

Is petroleum engineering still a safe career?

It pays exceptionally well and is genuinely insecure, and both things are true at once. Downturns in this industry produce rapid and deep layoffs β€” the collapse after 2015 removed a large share of a generation from the field. The engineers who weather it tend to be those with reservoir and subsurface modelling depth that transfers to carbon storage, geothermal and water management.

Which petroleum engineering discipline pays the most?

Reservoir engineering generally sits at the top for operators, because reserves estimation and development planning drive the company's valuation. Drilling and completions engineering can match or exceed it during high-activity periods, with more travel and sharper swings. Production engineering pays somewhat less with the steadiest work.

Do petroleum engineers need a PE licence?

Most do not for day-to-day work, since the industrial exemption covers engineers employed by operators on their own facilities. The licence matters for consulting, for signing reserves and regulatory filings in some jurisdictions, and for expert work β€” and it is a useful hedge for engineers who may need to move into consulting during a downturn.

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Data Sources
BLS ReferenceOEWS May 2025
SOC Code17-2171
US Workers18,060
Job Growth+1.3% (2024–2034)
Reviewed byA. Rao, PE
Verify on BLS.gov β†’Full methodology β†’
$144,910
US BLS median Β· 2026
$166,650
California, top-paying state
18,060
Petroleum Engineers tracked (BLS)
+1.3%
Job growth 2024–2034

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