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Updated November 23, 2024

Petroleum Engineers Salaries

Denver-Aurora-Lakewood, Colorado, US

Average Base Pay

$145,860/yr

70.13% above national average

Additional Cash Compensation

Average: $145,860


Range: $88,450-

 

How much does a Petroleum Engineers role make in Denver-Aurora-Lakewood, Colorado, US?

Career Ladder Pay for Petroleum Engineers Roles

A person in an entry-level Petroleum Engineers role with under one year of job experience can expect to make an average annual salary of $88,450. A Petroleum Engineers candidate with 1-4 years of experience makes an average total salary of $113,400. A person in a mid-career Petroleum Engineers role with 5-9 years of experience makes an average salary of $145,860 a year. Petroleum Engineers with 10 or more years of experience make an average of $198,230. In their late career (over 20 years of experience), a person in a Petroleum Engineers role’s annual salary averages per year.

What is the average Petroleum Engineers salary in Denver-Aurora-Lakewood, Colorado, US?

Average base salary, as of 2024 : $145,860

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$36,465$72,930$109,395
Monthly salary$3,039$6,078$9,116
Weekly salary$760$1,519$2,279
Hourly salary$109$217$326

Where can a Petroleum Engineers role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Petroleum Engineers roles boost salary?

While certifications are not required for every Petroleum Engineers position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Petroleum Engineers position in high demand?

The current Bureau of Labor Statistics states the salary is $145,860 higher than the national average for Petroleum Engineers positions.

Is there advancement potential for a Petroleum Engineers role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Petroleum Engineers roles that can advance both internally and with another company.

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