Petroleum Engineer Salary: How Much Do They Make? (2026)

Median pay, hourly rates, salary ranges, and best-paying states for Petroleum Engineers — from official U.S. Bureau of Labor Statistics data.

Official BLS wage data · Unknown vintage
Median Salary
$144,910
per year, national
Hourly Rate
$69.67
based on 2,080 hrs/yr
Top 10% Earn
$253,200
entry level starts ~$81,440
Pay Grade
A+
elite pay · 18,000 employed

How much does a Petroleum Engineer make?

A Petroleum Engineer earns a median annual salary of $144,910 in the United States, which works out to roughly $69.67 per hour for full-time work. Most Petroleum Engineers earn between $81,440 at the entry level and $253,200 at the senior end, with the middle 50% taking home between $106,270 and $197,920 a year.

That is $83,520 more than the median across all occupations in BLS data ($61,390).

Petroleum Engineer salary range by percentile

Half of all Petroleum Engineers earn between $106,270 and $197,920 a year.

Pay levelAnnual salaryHourly rate
10th percentile (entry level)$81,440$39.15
25th percentile (early career)$106,270$51.09
50th percentile (median)$144,910$69.67
75th percentile (experienced)$197,920$95.15
90th percentile (top earners)$253,200$121.73

Highest-paying states for Petroleum Engineer

Where you work matters more than almost anything else. Alaska leads the country for Petroleum Engineer pay at $206,290 a year, followed by Utah ($172,840) and Colorado ($172,190). At the other end, West Virginia posts the lowest median at $93,360 — a gap of $112,930 for the same job, driven by local demand, industry mix, and cost of living.

#StateMedian salaryHourlyvs national
1Alaska$206,290$99.18+42%
2Utah$172,840$83.10+19%
3Colorado$172,190$82.78+19%
4Texas$164,860$79.26+14%
5Oklahoma$153,020$73.57+6%

Workforce and education

About 18,000 people work as Petroleum Engineers in the United States. The mean (average) wage is $157,150 — above the median, which means high earners pull the average up. On qualifications: a bachelor's degree (about 4 years of college) is the standard entry requirement, per O*NET occupation data.

Frequently asked questions

How much does a Petroleum Engineer make in the United States?
The median Petroleum Engineer salary in the United States is $144,910 per year, or about $69.67 per hour, according to U.S. Bureau of Labor Statistics estimates. Entry-level pay (10th percentile) starts around $81,440, while the top 10% of earners make $253,200 or more.
How does Petroleum Engineer pay compare to other jobs?
With a pay grade of A+ (elite pay), the Petroleum Engineer median of $144,910 is above the national median across all occupations tracked in BLS data ($61,390).
Which state pays Petroleum Engineers the most?
Alaska is the highest-paying state for Petroleum Engineers, with a median salary of $206,290 per year, based on official state-level BLS wage estimates.
How long does it take to become a Petroleum Engineer?
Becoming a Petroleum Engineer typically requires about 4 years of college. A bachelor's degree (about 4 years of college) is the standard entry requirement.
How many Petroleum Engineers work in the United States?
About 18,000 people were employed as Petroleum Engineers in the United States in the latest BLS Occupational Employment and Wage Statistics estimates.

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). Percentiles, employment, and state figures are official BLS estimates; hourly figures assume 2,080 hours/year. Individual pay varies by employer, experience, and location.