How much does a Drilling Engineer III make in the United States? The average Drilling Engineer III salary in the United States is $144,746 as of August 27, 2021, but the range typically falls between $126,679 and $158,856. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Drilling Engineer III is responsible for the design and implementation of oil and gas wells. Performs design evaluations and recommends alterations to improve safety, costs, and efficiency. Being a Drilling Engineer III may conduct risk assessment and cost estimation. Requires a bachelor's degree in engineering. Additionally, Drilling Engineer III is familiar with the standard concepts, practices, and procedures. May lead or direct the work of others. May report to a manager or head of a unit/department. To be a Drilling Engineer III typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2021 Salary.com)... View full job description
Bonanza Creek Energy, Inc., an exploration and production company, focuses on the extraction of onshore oil and related liquids-rich natural gas in the United States. The company's primary oil and liquids-weighted assets are located in the Wattenberg Field in Colorado. As of December 31, 2018, it had proved reserves of... More
BONANZA CREEK ENERGY INC
Fiscal Year Ended in 2020
What does a Drilling Engineer III do?
Drilling Engineer III in Bakersfield, CA
Participates in performance improvement initiatives.
April 16, 2021
Drilling Engineer III in Houston, TX
Recommend drilling design alternatives (casing design, connectors, hydraulics, bit selection, drilling fluids, cement design, etc.
January 17, 2021
Consult and help others to recognize when to consult with other departmental functions.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Drilling Engineer III in the United States. The base salary for Drilling Engineer III ranges from $126,679 to $158,856 with the average base salary of $144,746. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $141,298 to $178,459 with the average total cash compensation of $161,216.