Google Trend growth of Reservoir Engineers hit the radar in 2005 and it has always been there since. The trend is slightly cyclical but definitely constant with an uptick in recent years with more interest in Engineers specializing in building reservoirs.
The BLS classifies a reservoir engineer under petroleum engineers. The 2010 median pay for Reservoir Engineers according to the BLS was $114,080 a year or about $54.85 an hour. The total number of jobs on the market are expected to be about 30,200 in 2010 and growing to 17% from 2010 – 2020 adding as many as 5,100 Petroleum Engineering jobs. GlassDoor provides actual information on companies and the varied salaries you can earn by being a reservoir engineer. The ranges as Glass Door go from as low as $70,000 a year at PetroTel to as high as $200,000 a year at BP. Other companies listed are ones like Shell Oil US, Chevron, Arco Ampm, Occidental Petroleum, Marathon Oil and more. Our state by state salary listings below let you know the best paying states for reservoir engineers can pay as much as $165,000 a year for entry level Reservoir Engineers.
Listed below is information that is specific to reservoir engineer job salaries that you can expect to receive in that state area. Our state by state breakdown allows you to see which state is best to get a job as a reservoir engineer. The salary information provided below is off of real-world job listings for reservoir engineers and the pay offered for those jobs. We source Indeed, Simply Hired, PayScale and GlassDoor.com. The information provided by Indeed about their process for collecting salary averages is as follows: “Indeed Salary Search is based on an index of salary information extracted from over 50 million job postings from thousands of unique sources over the last 12 months. Many job descriptions don’t contain salary information, but there are enough that do to produce statistically significant median salaries for millions of keyword, job title and location combinations – in fact, most job searches you are likely to think of. As new jobs are added each day, the Indeed Salary Search index is automatically updated with fresh salary data, so the salary results are as up-to-date as they could possibly be.”