Occupational Employment and Wages, May 2014

17-2171 Petroleum Engineers

Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
33,740 3.8 % $70.92 $147,520 1.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $35.57 $46.82 $62.53 $89.04 (5)
Annual Wage (2) $73,990 $97,390 $130,050 $185,200 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Oil and Gas Extraction 15,310 7.96 $75.86 $157,790
Support Activities for Mining 5,360 1.28 $57.00 $118,550
Management of Companies and Enterprises 3,250 0.15 $82.25 $171,080
Petroleum and Coal Products Manufacturing 3,000 2.72 $64.41 $133,970
Architectural, Engineering, and Related Services 1,610 0.12 $73.65 $153,190

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Oil and Gas Extraction 15,310 7.96 $75.86 $157,790
Pipeline Transportation of Crude Oil 410 3.98 $59.77 $124,320
Petroleum and Coal Products Manufacturing 3,000 2.72 $64.41 $133,970
Pipeline Transportation of Natural Gas 720 2.47 $74.73 $155,450
Other Pipeline Transportation 160 2.18 $70.72 $147,100

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Professional, Scientific, and Technical Services (8) (8) $110.69 $230,230
Management of Companies and Enterprises 3,250 0.15 $82.25 $171,080
Oil and Gas Extraction 15,310 7.96 $75.86 $157,790
Pipeline Transportation of Natural Gas 720 2.47 $74.73 $155,450
Other Financial Investment Activities 60 0.01 $74.22 $154,380


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.




States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 17,910 1.60 6.39 $76.33 $158,770
Oklahoma 3,670 2.32 9.31 $71.42 $148,550
California 2,150 0.14 0.57 $61.05 $126,990
Colorado 1,850 0.78 3.13 $73.06 $151,960
Louisiana 1,590 0.83 3.31 $61.65 $128,230



States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Alaska 770 2.36 9.46 $73.69 $153,280
Oklahoma 3,670 2.32 9.31 $71.42 $148,550
Wyoming 650 2.30 9.23 $52.61 $109,420
Texas 17,910 1.60 6.39 $76.33 $158,770
Louisiana 1,590 0.83 3.31 $61.65 $128,230



Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 17,910 1.60 6.39 $76.33 $158,770
Virginia 940 0.26 1.03 $75.19 $156,390
New Jersey 220 0.06 0.23 $74.73 $155,450
Alaska 770 2.36 9.46 $73.69 $153,280
Colorado 1,850 0.78 3.13 $73.06 $151,960




Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Houston-Sugar Land-Baytown, TX 11,570 4.07 16.30 $80.91 $168,280
Midland, TX 1,580 17.96 71.93 $74.33 $154,620
Denver-Aurora-Broomfield, CO 1,450 1.09 4.37 $77.37 $160,940
Oklahoma City, OK 1,440 2.39 9.57 $74.24 $154,420
Dallas-Plano-Irving, TX Metropolitan Division 960 0.43 1.71 $73.56 $153,000
New Orleans-Metairie-Kenner, LA 860 1.60 6.39 $69.82 $145,230
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 750 0.19 0.74 $64.83 $134,850
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 740 0.31 1.25 $79.75 $165,880
Tulsa, OK 740 1.73 6.94 $71.65 $149,030
Bakersfield-Delano, CA 640 2.15 8.63 $64.89 $134,980



Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Midland, TX 1,580 17.96 71.93 $74.33 $154,620
Casper, WY 290 6.66 26.66 $51.32 $106,750
Houston-Sugar Land-Baytown, TX 11,570 4.07 16.30 $80.91 $168,280
Anchorage, AK 480 2.71 10.86 $76.00 $158,080
Victoria, TX 140 2.61 10.46 $54.85 $114,080
Oklahoma City, OK 1,440 2.39 9.57 $74.24 $154,420
Odessa, TX 170 2.36 9.46 (8) (8)
Bakersfield-Delano, CA 640 2.15 8.63 $64.89 $134,980
Lafayette, LA 320 2.07 8.30 $51.00 $106,080
Tulsa, OK 740 1.73 6.94 $71.65 $149,030



Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Houston-Sugar Land-Baytown, TX 11,570 4.07 16.30 $80.91 $168,280
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 740 0.31 1.25 $79.75 $165,880
Jackson, MS 90 0.36 1.44 $78.23 $162,720
Austin-Round Rock-San Marcos, TX 360 0.41 1.63 $77.97 $162,180
Denver-Aurora-Broomfield, CO 1,450 1.09 4.37 $77.37 $160,940
Anchorage, AK 480 2.71 10.86 $76.00 $158,080
Greeley, CO (8) (8) (8) $75.35 $156,720
Midland, TX 1,580 17.96 71.93 $74.33 $154,620
Oklahoma City, OK 1,440 2.39 9.57 $74.24 $154,420
Dallas-Plano-Irving, TX Metropolitan Division 960 0.43 1.71 $73.56 $153,000

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwestern Texas nonmetropolitan area 800 3.08 12.34 $53.50 $111,280
Northeastern Oklahoma nonmetropolitan area 460 3.98 15.92 $72.59 $150,990
Northwestern Oklahoma nonmetropolitan area 380 3.05 12.22 $58.29 $121,240
Railbelt / Southwest Alaska nonmetropolitan area 280 3.70 14.80 $69.56 $144,680
Southwestern Wyoming nonmetropolitan area 210 3.41 13.68 $57.59 $119,790

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northeastern Oklahoma nonmetropolitan area 460 3.98 15.92 $72.59 $150,990
Railbelt / Southwest Alaska nonmetropolitan area 280 3.70 14.80 $69.56 $144,680
Southwestern Wyoming nonmetropolitan area 210 3.41 13.68 $57.59 $119,790
Northwestern Texas nonmetropolitan area 800 3.08 12.34 $53.50 $111,280
Northwestern Oklahoma nonmetropolitan area 380 3.05 12.22 $58.29 $121,240

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northeastern Oklahoma nonmetropolitan area 460 3.98 15.92 $72.59 $150,990
Railbelt / Southwest Alaska nonmetropolitan area 280 3.70 14.80 $69.56 $144,680
Southwestern Oklahoma nonmetropolitan area 160 2.40 9.60 $62.44 $129,860
Northwestern Oklahoma nonmetropolitan area 380 3.05 12.22 $58.29 $121,240
Southwestern Wyoming nonmetropolitan area 210 3.41 13.68 $57.59 $119,790


About May 2014 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(5) This wage is equal to or greater than $90.00 per hour or $187,199 per year.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2014 National Occupational Employment and Wage Estimates

May 2014 State Occupational Employment and Wage Estimates

May 2014 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2014 National Industry-Specific Occupational Employment and Wage Estimates

May 2014 Occupation Profiles

Technical Notes

 

Last Modified Date: March 25, 2015