As of March 01, 2025, the average annual salary for a Petroleum Geologist V in the United States is $251,153. Salary.com reports that pay typically ranges from $232,531 to $263,450, with most professionals earning between $215,577 and $274,645.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $263,450 | $21,954 | $5,066 | $127 |
| Average | $251,153 | $20,929 | $4,830 | $121 |
| 25th Percentile | $232,531 | $19,378 | $4,472 | $112 |
An entry-level Petroleum Geologist V with less than 1 year of experience earns about $243,691. With 1-2 years of experience, the average salary increases to $245,066. For 2-4 years of experience, the pay typically rises to $246,440. Senior-level professionals with 5-8 years of experience earn around $246,990, and those with over 8 years of experience can expect an average of $252,902.
| Levels | Salary |
|---|---|
| Entry Level Petroleum Geologist V | $243,691 |
| Intermediate Level Petroleum Geologist V | $245,066 |
| Senior Level Petroleum Geologist V | $246,440 |
| Specialist Level Petroleum Geologist V | $246,990 |
| Expert Level Petroleum Geologist V | $252,902 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Petroleum Geologist V compensation over the past six years. For example, the median salary increased from $166,173 in 2023 to approximately $150,274 in 2024. (For a detailed analysis of Petroleum Geologist V salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Petroleum Geologist V information for you to search for. Click on search button below to see Petroleum Geologist V job openings or enter a new job title here.
Here are companies hiring for Petroleum Geologist V and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $251,153 | 63.1% | ||
| Bonus | $57,219 | 14.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $14,925 | 3.7% | ||
| 401K/403B | $10,000 | 2.5% | ||
| Disability | $3,084 | 0.8% | ||
| Healthcare | $7,986 | 2.0% | ||
| Pension | $16,000 | 4.0% | ||
| Time Off | $37,954 | 9.5% | ||
| Total Compensation | $398,321 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Bachelors | 20.0% |
| Masters | 60.0% |
| Doctorate | 20.0% |
What Am I Worth?
The average annual salary of Petroleum Geologist V is $251,153. In case you are finding an easy salary calculator, the average hourly pay of Petroleum Geologist V is $121; the average weekly pay of Petroleum Geologist V is $4,830; the average monthly pay of Petroleum Geologist V is $20,929.
A Petroleum Geologist V's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Petroleum Geologist V earns the most in San Jose, CA, where the annual salary of a Petroleum Geologist V is $315,198.
The highest pay for Petroleum Geologist V is $274,645.
The lowest pay for Petroleum Geologist V is $215,577.
Petroleum Geologist V studies and examines variations in rock formations and mineral samples to identify new gas and oil deposits. Analyzes the integrity of wells to determine feasibility of drilling. Being a Petroleum Geologist V estimates depth, quality and vastness of deposits. Requires a bachelor's degree. Additionally, Petroleum Geologist V typically reports to a manager or head of a unit/department. The Petroleum Geologist V 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. To be a Petroleum Geologist V typically requires 10+ years of related experience.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Oil and Gas Production: Oil and gas production is the general process of manufacturing oil and natural gas from wells and turning them into the final petroleum products that consumers can use.
Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
