Information About Petroleum Engineers

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Training

Petroleum engineers need bachelor's degree.

Degrees for Petroleum engineers
Training for Petroleum Engineers
Percent
Less than High School 0.4
High School 4.8
Some College 7.1
Associates Degree 6.5
Bachelors Degree 54.8
Masters Degree 20.1
Doctorate or Professional Degree 6.4

Employment

Represents about 21,000 people in the United States- 0.4% of which are self-employed

Employment prospects are up Over the next 5 years there will be aproximately 4,000 more petroleum engineers but, because of expected growth and replacement needs in the United States, we will need 8,000 more.


Hourly Income

On average, petroleum engineers make $66.82 per hour.

Hourly Income Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Petroleum engineers $33.50 $44.30 $58.70 $82.70 $high
Architecture and engineering occupations $19.00 $25.50 $34.60 $45.70 $57.80
National Average $8.65 $10.70 $16.50 $26.60 $41.00

Annual Salaries

On average, petroleum engineers make $138,980 per year.

Annual Salary Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Petroleum engineers $69,850 $92,170 $122,280 $172,040 $high
Architecture and engineering occupations $39,640 $53,220 $72,070 $95,230 $120,380
National Average $18,000 $22,380 $34,460 $55,470 $85,280

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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