As of April 01, 2025, the average annual salary for a Drilling Engineer V in Newark, NJ is $247,950. According to Salary.com, salaries can range from a low of $232,649 to a high of $268,587, with most professionals earning between $239,941 and $258,752.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $258,752 | $21,563 | $4,976 | $124 |
| Average | $247,950 | $20,663 | $4,768 | $119 |
| 25th Percentile | $239,941 | $19,995 | $4,614 | $115 |
An entry-level Drilling Engineer V with under 1 year experience makes about $244,723. With less than 2 years of experience, a mid-level Drilling Engineer V makes around $245,320. After 2-4 years, the Drilling Engineer V pay rises to about $245,918. Those senior Drilling Engineer V with 5-8 years of experience earn roughly $246,755, and those Drilling Engineer V having 8 years or more experience are expected to earn about $248,756 on average.
| Levels | Salary |
|---|---|
| Entry Level Drilling Engineer V | $244,723 |
| Intermediate Level Drilling Engineer V | $245,320 |
| Senior Level Drilling Engineer V | $245,918 |
| Specialist Level Drilling Engineer V | $246,755 |
| Expert Level Drilling Engineer V | $248,756 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 12% |
| Top Level | 13% |
| Experienced | 14% |
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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.
Consulting: Providing technical or business expertise and advice to internal or external clients.
Performance Optimization: Performance optimization is the process of modifying a system to amplify its functionality, thus making it more efficient and effective.
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.
| Skill | Salary | Demand |
|---|---|---|
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Analysis
|
$285,143 |
15%
|
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Analysis
|
$285,143 |
15%
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|
Analysis
|
$285,143 |
15%
|
|
Analysis
|
$285,143 |
15%
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