As of May 01, 2025, the average annual salary for a Reservoir Engineer I in the United States is $123,830. Salary.com reports that pay typically ranges from $112,067 to $132,665, with most professionals earning between $101,357 and $140,709.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $132,665 | $11,055 | $2,551 | $64 |
| Average | $123,830 | $10,319 | $2,381 | $60 |
| 25th Percentile | $112,067 | $9,339 | $2,155 | $54 |
An entry-level Reservoir Engineer I with less than 1 year of experience earns about $122,952. With 1-2 years of experience, the average salary increases to $124,094. For 2-4 years of experience, the pay typically rises to $126,072. Senior-level professionals with 5-8 years of experience earn around $126,467, and those with over 8 years of experience can expect an average of $126,731.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer I | $122,952 |
| Intermediate Level Reservoir Engineer I | $124,094 |
| Senior Level Reservoir Engineer I | $126,072 |
| Specialist Level Reservoir Engineer I | $126,467 |
| Expert Level Reservoir Engineer I | $126,731 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 2% |
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 May 01, 2025, our research reveals a significant shift in Reservoir Engineer I compensation over the past six years. For example, the median salary increased from $93,889 in 2023 to approximately $90,592 in 2024. (For a detailed analysis of Reservoir Engineer I 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 Reservoir Engineer I information for you to search for. Click on search button below to see Reservoir Engineer I job openings or enter a new job title here.
Here are companies hiring for Reservoir Engineer I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $123,830 | 65.7% | ||
| Bonus | $13,544 | 7.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $10,509 | 5.6% | ||
| 401K/403B | $5,495 | 2.9% | ||
| Disability | $1,374 | 0.7% | ||
| Healthcare | $7,986 | 4.2% | ||
| Pension | $8,792 | 4.7% | ||
| Time Off | $16,908 | 9.0% | ||
| Total Compensation | $188,438 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Bachelors | 48.3% |
| Masters | 37.9% |
| Doctorate | 13.8% |
What Am I Worth?
The average annual salary of Reservoir Engineer I is $123,830. In case you are finding an easy salary calculator, the average hourly pay of Reservoir Engineer I is $60; the average weekly pay of Reservoir Engineer I is $2,381; the average monthly pay of Reservoir Engineer I is $10,319.
A Reservoir Engineer I'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 Reservoir Engineer I earns the most in San Jose, CA, where the annual salary of a Reservoir Engineer I is $156,187.
The highest pay for Reservoir Engineer I is $140,709.
The lowest pay for Reservoir Engineer I is $101,357.
Responsible for identifying oil and gas reserves and developing strategies to maximize recovery. Leverages engineering tools and principles to design and test new techniques or technology to improve reservoir performance and efficiency. Conducts reserve assessments and forecasts reservoir performance to assist with operational planning or expansion opportunities. Provides technical support and knowledge to optimize and maximize production and recommends improvements to equipment, strategies, or processes. Utilizes analytical models and simulations to determine optimal exploitation methods, design equipment, and evaluate drilling and depletion strategies. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
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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.
