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Hourly Wage for Drilling Engineer V Salary in the United States

What is the highest and lowest hourly pay for Drilling Engineer V?

As of April 01, 2026, the average hourly rate for a Drilling Engineer V in the United States is $109, which translates to an annual salary of about $225,824.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $114 per hour
  • Majority Range (25th-75th percentile): $106 to $112 per hour
  • Entry-Level (10th percentile): $103 per hour
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View as table View as graph 25% $106 10% $103 90% $114 75% $112 $109 50%(Median) Didn’t find job title? Click

Drilling Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $231,931 $19,328 $4,460 $112
Average $225,824 $18,819 $4,343 $109
25th Percentile $220,216 $18,351 $4,235 $106
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Key Factors That Influence Drilling Engineer V Salaries

A Drilling Engineer V'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 Drilling Engineer Salaries?

Experience is a primary driver of a Drilling Engineer V'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:

  • Drilling Engineer II (2-4 years): $136,995
  • Drilling Engineer III (4-7 years): $169,752
  • Drilling Engineer IV (7+ years): $189,051
  • Drilling Engineer V (7-10 years): $225,824
  • Drilling Engineering Manager (10+ years): $181,636
Job Role Years of Experience Average Salary
Drilling Engineer II2-4 years$136,995
Drilling Engineer III4-7 years$169,752
Drilling Engineer IV7+ years$189,051
Drilling Engineer V7-10 years$225,824
Drilling Engineering Manager10+ years$181,636
$136,995 Drilling ...
$169,752 Drilling ...
$189,051 Drilling ...
$225,824 Drilling ...
$181,636 Drilling ...
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What Am I Worth?

Top Paying Cities for Drilling Engineer Vs

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: $284,832
  • San Francisco: $282,032
  • Oakland: $275,776

What Skills Can Increase a Drilling Engineer V's Salary?

Demanded Skills for the Role:

  • Consulting (Mentioned in 10.53% Job Postings): Providing technical or business expertise and advice to internal or external clients.
  • Client Relationship (Mentioned in 5.26% Job Postings): Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.
  • Decision Support (Mentioned in 5.26% Job Postings): A computerized system that gathers and analyzes data, synthesizing it to produce comprehensive information reports.
See More Skills
Skills Demand Percentage
Consulting 10.53%
Client Relationship 5.26%
Decision Support 5.26%
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 Drilling Engineer V's salary.
  • Analysis: Can increase your salary by up to 15%.
Skill Salary Salary % Increase
Analysis
 $259,698
15%
Get Latest Data

How Education impacts a Drilling Engineer V's Salary?

Your level of education can impact your salary potential. While many Drilling Engineer Vs 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 Drilling Engineer V with a Bachelor's Degree is between $211,687 and $226,910).

Drilling Engineer V Salaries by Degree Level

Typical Education for Drilling Engineer V
Degree Level % of user with this level of education
No Diploma 5.3%
High School 5.3%
Associates 47.4%
Bachelors 47.4%
Masters 47.4%
Doctorate 0.0%
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Drilling Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Drilling Engineer V'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on April 01, 2026
$220,216
Average $225,824/year
$231,931
$18,351
Average $18,819/month
$19,328
$4,235
Average $4,343/week
$4,460
$106
Average $109/hour
$112
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $231,931 $19,328 $4,460 $112
Average $225,824 $18,819 $4,343 $109
25th Percentile $220,216 $18,351 $4,235 $106

Salaries of jobs related to Drilling Engineer V

Salary Trends for Drilling Engineer V

Salaries for a Drilling Engineer V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $182,321 in 2023 to around $160,374 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Drilling Engineer V salary trends, .

Average Annual Salary of Drilling Engineer V Over Time

2022
$???
2023
$182,321
2024
$169,801
2025
$160,374
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $182,321
2024 $169,801
2025 $160,374
2026
View More
2027
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Most common benefits for Drilling Engineer V

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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FAQ about Drilling Engineer V

1. What are the responsibilities of Drilling Engineer V?

Designs, plans, and oversees drilling operations of oil and gas wells. Performs design evaluations and makes recommendations to improve safety, lower cost, and increase efficiency. Analyzes data to identify trends, assess performance, and make adjustments to improve future drilling operations. Requires a bachelor's degree in engineering. Typically reports to a manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.

2. What are the skills of Drilling Engineer V

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Consulting: Providing technical or business expertise and advice to internal or external clients.

2.)

Client Relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.

3.)

Decision Support: A computerized system that gathers and analyzes data, synthesizing it to produce comprehensive information reports.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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