Reservoir Engineer III Salary in the United States

Reservoir Engineer III Salary

How much does a Reservoir Engineer III make in the United States? The average Reservoir Engineer III salary in the United States is $156,025 as of April 27, 2020, but the range typically falls between $144,512 and $166,992. 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. 

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Salary Salary + Bonus Benefits How To Become
25% $144,512 10% $134,030 90% $176,978 75% $166,992 $156,025 50%(Median)
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Job Description for Reservoir Engineer III

Reservoir Engineer III is responsible for identifying oil and gas reserves and developing strategies to maximize recovery. Designs and tests new wells and monitors and predicts performance. Being a Reservoir Engineer III requires a bachelor's degree in engineering. Typically reports to a supervisor or manager. The Reservoir Engineer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Reservoir Engineer III typically requires 4 to 7 years of related experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Reservoir Engineer III
Those that have already made the climb...
Dean Tinsley, Senior Vice President, Operations
BONANZA CREEK ENERGY INC
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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Reservoir Engineer III Pay Difference by Location

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%

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Average Base Salary

Core compensation

 
 
 
144512
166992
156025

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
163711
203617
184531
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Reservoir Engineer III in the United States. The base salary for Reservoir Engineer III ranges from $144,512 to $166,992 with the average base salary of $156,025. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $163,711 to $203,617 with the average total cash compensation of $184,531.
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144512
166992

 

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Skills associated with Reservoir Engineer III: Predictive Analytics and Modeling, Oil and Gas Exploration, Well and Drilling Design

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