What is the income of Petroleum Engineer?

The highest salary for a Petroleum Engineer in India is ₹1,81,760 per month. What is the lowest salary for a Petroleum Engineer in India? The lowest salary for a Petroleum Engineer in India is ₹15,022 per month.

How much do Petroleum engineers make in 2020?

Petroleum Engineer was the 276th most popular job in the U.S. Government in 2020, with 353 employed. The most common payscale was the general schedule payscale. In 2020, the Bureau of Safety & Environmental Enforcement hired the most employees titled Petroleum Engineering, with an average salary of $125,900.

What is petroleum engineer?

Petroleum Engineering is related to the innovation and exploration of the process of oil and gas extraction. It is advanced from Mining Engineering and Geology, and linked to Geoscience. These engineers develop new technology for the production of hydrocarbons from oil shale and offshore oil and gas fields.

What is the average starting salary for a petroleum engineer?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Entry Level Petroleum Engineer in the United States. The base salary for Entry Level Petroleum Engineer ranges from $88,038 to $106,559 with the average base salary of $96,381.

How much do petroleum engineers make per year?

The median annual wage for petroleum engineers was $137,330 in May 2020. Employment of petroleum engineers is projected to grow 3 percent from 2019 to 2029, about as fast as the average for all occupations. Oil prices will be a major determinant of employment growth.

What are the requirements to be a petroleum engineer?

The majority of petroleum engineers are only required to hold a bachelor’s degree in their engineering specialty for entry-level jobs, but some may pursue a graduate degree for advanced research positions.

What jobs can a petroleum engineer do?

Petroleum engineers can work to design or manage drilling, mining and fracking operations both on land and off-shore. They also develop and improve processes for refining or transporting petroleum products, or even work in the manufacturing and distribution of oil and gas products.