Salary AI Book a Demo
upper level job

Reservoir Extraction Engineer I Salary in the United States

How much does a Reservoir Extraction Engineer I make in the United States?

As of September 01, 2026, the average salary for a Reservoir Extraction Engineer I in the United States is $140,550 per year, which breaks down to an hourly rate of $68.

However, a Reservoir Extraction Engineer I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $159,941
  • Majority Range (25th-75th percentile): $125,750 to $150,700
  • Entry-Level (10th percentile): $112,275
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Reservoir Extraction Engineer I Salaries

A Reservoir Extraction Engineer I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Reservoir Extraction Engineer Salaries?

Experience is a primary driver of a Reservoir Extraction Engineer I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Reservoir Extraction Engineer I (0-2 years): $140,544
  • Intermediate Reservoir Engineer (2-4 years): $163,251
  • Senior Reservoir Engineer (4-7 years): $182,184
  • Specialist Reservoir Engineer (7+ years): $230,401
  • Expert Reservoir Engineer (7-10 years): $265,031
Job Role Years of Experience Average Salary
Reservoir Extraction Engineer I0-2 years$140,544
Intermediate Reservoir Engineer2-4 years$163,251
Senior Reservoir Engineer4-7 years$182,184
Specialist Reservoir Engineer7+ years$230,401
Expert Reservoir Engineer7-10 years$265,031
View as Graph

How Do Reservoir Extraction Engineer I Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Reservoir Extraction Engineer Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $155,620.
  • California: $155,030.
  • Massachusetts: $152,960.

Top Paying Cities for Reservoir Extraction Engineer Is

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $177,270
  • San Francisco: $175,330
  • Oakland: $171,640

What Skills Can Increase a Reservoir Extraction Engineer I's Salary?

Demanded Skills for the Role:

  • Communication Skills (Mentioned in 9.09% Job Postings): Communication skills are your ability to share or understand information, ideas, and feelings successfully.
  • MATLAB (Mentioned in 9.09% Job Postings): a programming platform designed specifically for engineers and scientists to analyze and design systems and products that transform our world.
  • Programming Language (Mentioned in 9.09% Job Postings): Is any set of rules that converts strings, or graphical program elements in the case of visual programming languages, to various kinds of machine code output. It is a kind of computer language used in computer programming to implement algorithms.
Skills Demand Percentage
Communication Skills 9.09%
MATLAB 9.09%
Programming Language 9.09%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Reservoir Extraction Engineer I's salary.

  • Python: Can increase your salary by up to 32%.
  • MATLAB: Can increase your salary by up to 29%.
  • Programming Language: Can increase your salary by up to 24%.
Skill Salary Salary % Increase
Python $185,526
32%
MATLAB $181,310
29%
Programming Language $174,282
24%
Get Latest Data

Reservoir Extraction Engineer I Salary by Company Size: Startups vs. Enterprise

Reservoir Extraction Engineer I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $163,299. While startup companies pay approximate $138,313.

Reservoir Extraction Engineer I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $138,313
Growth Stage 51~500 $146,223
Established 501~5000 $157,756
Enterprise 5000+ $163,299

How Education impacts a Reservoir Extraction Engineer I's Salary?

Your level of education can impact your salary potential. While many Reservoir Extraction Engineer Is enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Reservoir Extraction Engineer I with a Bachelor's Degree is between $117,726 and $123,821).

Reservoir Extraction Engineer I Salaries by Degree Level

Typical Education for Reservoir Extraction Engineer I
Degree Level % of user with this level of education
No Diploma 48.3%
High School 37.9%
Associates 13.8%
Bachelors 48.3%
Masters 37.9%
Doctorate 13.8%
View as Graph

Reservoir Extraction Engineer I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Reservoir Extraction Engineer I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$125,750
Average $140,550/year
$150,700
$10,479
Average $11,713/month
$12,558
$2,418
Average $2,703/week
$2,898
$60
Average $68/hour
$72
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $150,700 $12,558 $2,898 $72
Average $140,550 $11,713 $2,703 $68
25th Percentile $125,750 $10,479 $2,418 $60

Reservoir Extraction Engineer I Salary Growth & Career Path

Reservoir Extraction Engineer I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Reservoir Extraction Engineer I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Oil & Gas Drilling Engineer II $137,200 -2%
Intermediate Reservoir Engineer $163,300 16%
Mine Planning Engineer II $94,600 -33%

Most common benefits for Reservoir Extraction Engineer I

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Reservoir Extraction Engineer I

Here are companies hiring for Reservoir Extraction Engineer I and their salaries, click below for more details.

Find Your Next Reservoir Extraction Engineer I Job

Ready to take the next step in your career? Browse thousands of current Reservoir Extraction Engineer I job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Reservoir Extraction Engineer I

1. What is another name for a Reservoir Engineer?

A reservoir engineer, also known as an oil and gas reservoir engineer, is a professional who specializes in the study and management of petroleum and natural gas reservoirs. The salary for this role typically ranges from $113,270 to $136,680, with a median salary of approximately $124,150.

2. How long does it take to be a Reservoir Engineer?

To become a reservoir engineer, you typically need a bachelor's degree in geology, engineering, petroleum engineering, or a related field, along with at least two years of experience in the oil and gas industry, ideally with hands-on training in reservoir engineering. Salaries for reservoir extraction engineers range from $113,270 to $136,680, with a median salary of $124,150.

3. What is a good salary for an engineer in USA?

A good salary for a Reservoir Extraction Engineer in the USA ranges from a minimum of $113,270 to a maximum of $136,680, with a median salary of $124,150. This reflects the competitive nature of the engineering field, where salaries can vary based on experience and location.

4. Does ConocoPhillips pay good?

ConocoPhillips offers competitive salaries for Reservoir Extraction Engineers, with a minimum salary of $113,270, a mid-range salary of $124,150, and a maximum salary of $136,680. This reflects the company's commitment to providing attractive compensation compared to other roles within the organization, ensuring that employees are well-rewarded for their expertise and contributions.

5. Is 40 of billionaires are engineers?

Did you know that 40% of the world's billionaires are engineers? Engineers play a pivotal role in shaping our world and its development, serving as stewards who provide direction for nations. For instance, a Reservoir Extraction Engineer can earn between $113,270 and $136,680, reflecting the significant value of engineering expertise in today's economy.

6. How much does a Reservoir Engineer make at Oxy?

A Reservoir Extraction Engineer typically earns between $113,270 and $136,680 annually, with a median salary of $124,150. While the average base salary at Occidental Petroleum is reported to be around $161K per year, this figure may vary based on experience and specific job responsibilities.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst