How much does a Reservoir Engineer IV make in Chicago, IL? The average Reservoir Engineer IV salary in Chicago, IL is $215,203 as of October 29, 2021, but the range typically falls between $199,585 and $225,828. 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.
Reservoir Engineer IV 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 IV requires a bachelor's degree in engineering. Typically reports to a manager or head of a unit/department. Reservoir Engineer IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Reservoir Engineer IV typically requires 7+ years of related experience. (Copyright 2021 Salary.com)... View full job description
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
BONANZA CREEK ENERGY INC
Fiscal Year Ended in 2020
What does a Reservoir Engineer IV do?
Reservoir Engineer IV in Addison, TX
Demonstrated time management skills.
June 12, 2021
Reservoir Engineer IV in Bakersfield, CA
Implementing well workover/intervention programs.
January 28, 2021
Follow the daily operation and track costs/invoices and operations closely to ensure no over expenditures.
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Reservoir Engineer IV in Chicago, IL. The base salary for Reservoir Engineer IV ranges from $199,585 to $225,828 with the average base salary of $215,203. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $233,927 to $284,816 with the average total cash compensation of $257,183.