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Reservoir Extraction Engineer IV Salary in the United States

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

As of September 01, 2026, the average salary for a Reservoir Extraction Engineer IV in the United States is $230,410 per year, which breaks down to an hourly rate of $111.

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

  • Top Earners (90th percentile): $243,210
  • Majority Range (25th-75th percentile): $207,850 to $237,110
  • Entry-Level (10th percentile): $187,310
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Reservoir Extraction Engineer IV Salaries

A Reservoir Extraction Engineer IV'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 IV'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:

  • Intermediate Reservoir Engineer (2-4 years): $163,251
  • Senior Reservoir Engineer (4-7 years): $182,184
  • Reservoir Extraction Engineer IV (7+ years): $230,401
  • Expert Reservoir Engineer (7-10 years): $265,031
  • Reservoir Engineer Advisor (10-12 years): $292,994
Job Role Years of Experience Average Salary
Intermediate Reservoir Engineer2-4 years$163,251
Senior Reservoir Engineer4-7 years$182,184
Reservoir Extraction Engineer IV7+ years$230,401
Expert Reservoir Engineer7-10 years$265,031
Reservoir Engineer Advisor10-12 years$292,994
View as Graph

How Do Reservoir Extraction Engineer IV 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 IVs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $255,100.
  • California: $254,140.
  • Massachusetts: $250,750.

Top Paying Cities for Reservoir Extraction Engineer IVs

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: $290,610
  • San Francisco: $287,430
  • Oakland: $281,370

What Skills Can Increase a Reservoir Extraction Engineer IV'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 IV's salary.

  • Python: Can increase your salary by up to 19%.
  • Reservoir Engineering: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Python $274,188
19%
Reservoir Engineering $248,843
8%
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Reservoir Extraction Engineer IV Salary by Company Size: Startups vs. Enterprise

Reservoir Extraction Engineer IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $267,704. While startup companies pay approximate $226,743.

Reservoir Extraction Engineer IV Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $226,743
Growth Stage 51~500 $239,710
Established 501~5000 $258,617
Enterprise 5000+ $267,704

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

Your level of education can impact your salary potential. While many Reservoir Extraction Engineer IVs 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 IV with a Bachelor's Degree is between $206,446 and $215,160).

Reservoir Extraction Engineer IV Salaries by Degree Level

Typical Education for Reservoir Extraction Engineer IV
Degree Level % of user with this level of education
No Diploma 20.0%
High School 60.0%
Associates 20.0%
Bachelors 20.0%
Masters 60.0%
Doctorate 20.0%
View as Graph

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

Understanding how a Reservoir Extraction Engineer IV'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
$207,850
Average $230,410/year
$237,110
$17,321
Average $19,201/month
$19,759
$3,997
Average $4,431/week
$4,560
$100
Average $111/hour
$114
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $237,110 $19,759 $4,560 $114
Average $230,410 $19,201 $4,431 $111
25th Percentile $207,850 $17,321 $3,997 $100

Reservoir Extraction Engineer IV Salary Growth & Career Path

Reservoir Extraction Engineer IV

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Reservoir Extraction Engineer IV, 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 V $226,000 -2%
Expert Reservoir Engineer $265,100 15%

Most common benefits for Reservoir Extraction Engineer IV

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

Common company salaries for Reservoir Extraction Engineer IV

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

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FAQ about Reservoir Extraction Engineer IV

1. What is the highest paying job in the world?

While many roles can be lucrative, a Reservoir Extraction Engineer stands out with a salary range from $199,720 to $232,140. This position involves overseeing the extraction of natural resources, ensuring efficient and sustainable practices. The role requires specialized knowledge and skills, making it one of the highest-paying jobs in the engineering field.

2. Can you make 500k as an engineer?

As a Reservoir Extraction Engineer, salaries typically range from $199,720 to $232,140, with a mid-salary of $215,440. While reaching $500,000 is uncommon in this field, pursuing specialized roles or positions in high-demand areas may increase your earning potential. Focus on companies that offer competitive compensation packages to maximize your salary.

3. 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, or petroleum engineering, 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 $199,720 to $232,140, with a median salary of $215,440.

4. How much does a staff Reservoir Engineer make in ConocoPhillips?

The salary for a Reservoir Extraction Engineer at ConocoPhillips ranges from approximately $199,720 to $232,140 per year, with a mid-salary of around $215,440. This figure reflects the base salary and does not include additional compensation.

5. What engineering jobs pay 200k a year?

Reservoir Extraction Engineers typically earn salaries ranging from $199,720 to $232,140 annually, with a mid-salary of $215,440. This positions them among engineering roles that can pay around $200k a year, alongside other specialized positions like Software Engineers and Mechanical Engineers. Consider exploring these opportunities for competitive compensation.

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

A Reservoir Extraction Engineer can expect a salary range between $199,720 and $232,140, with a mid-salary of approximately $215,440. This reflects the competitive compensation for professionals in this field, ensuring that their expertise is well-rewarded.

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.

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