Hourly Wage for Drilling Engineer V Salary in the United States

Hourly Wage for Drilling Engineer V Salary

How much does a Drilling Engineer V make hourly in the United States? The average hourly wage for a Drilling Engineer V in the United States is $107 as of March 26, 2024, but the range typically falls between $91 and $114. Hourly rate 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. 

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Drilling Engineer V Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Drilling Engineer V Salary $77 US March 26, 2024
25th Percentile Drilling Engineer V Salary $91 US March 26, 2024
50th Percentile Drilling Engineer V Salary $107 US March 26, 2024
75th Percentile Drilling Engineer V Salary $114 US March 26, 2024
90th Percentile Drilling Engineer V Salary $120 US March 26, 2024
25% $91 10% $77 90% $120 75% $114 $107 50%(Median) Didn’t find job title? Click
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What skills does a Drilling Engineer V need?

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.

Performance Optimization: Performance optimization is the process of modifying a system to amplify its functionality, thus making it more efficient and effective.

3.

Sustainability: Sustainability is a societal goal that broadly aims for humans to safely co-exist on planet Earth over a long time. Specific definitions of sustainability are difficult to agree on and therefore vary in the literature and over time.

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Consulting 10.53%
Performance Optimization 5.26%
Sustainability 5.26%
Others 78.95%

Job Description for Drilling Engineer V

Drilling Engineer V provides expert judgment for the design and implementation of oil and gas wells. Resolves highly complex technical issues and conducts advanced research into emerging technology in the field. Being a Drilling Engineer V recommends alterations to development and design to improve safety, costs, and efficiency. Requires a bachelor's degree. Additionally, Drilling Engineer V demonstrates expertise in a variety of the field's concepts, practices, and procedures. May report to a manager or head of a unit/department. To be a Drilling Engineer V typically requires 10+ years of related experience. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. 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. (Copyright 2024 Salary.com)... View full job description

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Career Path for Drilling Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Drilling Engineer V, the first career path typically progresses to Reservoir Engineering Manager.

Drilling Engineer V
Reservoir Engineering Manager
Those that have already made the climb...
Dean Tinsley, Former Senior Vice President, Operations
CIVITAS RESOURCES INC
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. The company was formerly known as Bonanza Creek Energy, Inc. Civitas R... More
Fiscal Year Ended in 2022
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Drilling Engineer V Pay Difference by Location

Drilling Engineer V salary varies from city to city. Compared with national average salary of Drilling Engineer V, the highest Drilling Engineer V salary is in San Francisco, CA, where the Drilling Engineer V salary is 25.0% above. The lowest Drilling Engineer V salary is in Miami, FL, where the Drilling Engineer V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total hourly compensation opportunity for a Drilling Engineer V, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
91
114
107

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
114
135
123
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Drilling Engineer V in the United States. The average hourly rate for Drilling Engineer V ranges from $91 to $114 with the average hourly pay of $107. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $114 to $135 with the average total hourly cash compensation of $123.
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91
114

 

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Skills associated with Drilling Engineer V: Risk Assessment, Feasibility Study, Risk Analysis, Cost Estimation ...More

Salary estimation for Drilling Engineer V at companies like : National Guard Militia Museum of New Jersey Annex, Alert Healthcare, Dtr Manufacturing Inc

Drilling Engineer V Salary in United States
Drilling Engineer V Salary Graph, Regional Distribution and Summary