Drilling Engineer V Salary in the United States

How much does a Drilling Engineer V make in the United States? The average Drilling Engineer V salary in the United States is $197,096 as of September 26, 2019, but the range typically falls between $168,695 and $209,893. 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.  View the Cost of Living in Major Cities

Skills Associated with Drilling Engineer V: Risk Assessment, Well and Drilling Design, Risk Analysis, Cost Estimation ...More

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Salary estimation for Drilling Engineer V at companies like : BONANZA CREEK ENERGY INC, KINDER MORGAN INC, KOSMOS ENERGY LTD

Job Description

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 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
168695
209893
197096

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
210103
248931
228199
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Drilling Engineer V in the United States. The base salary for Drilling Engineer V ranges from $168,695 to $209,893 with the average base salary of $197,096. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $210,103 to $248,931 with the average total cash compensation of $228,199.
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168695
209893

 

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Dean Tinsley , Senior Vice President, Operations
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
Fiscal Year Ended in 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%