As of March 01, 2025, the average annual salary for a Reservoir Engineer IV in Wayne, NJ is $235,922. According to Salary.com, salaries can range from a low of $209,422 to a high of $255,004, with most professionals earning between $222,051 and $245,910.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $213,649 | $17,804 | $4,109 | $103 |
| Average | $204,971 | $17,081 | $3,942 | $99 |
| 25th Percentile | $192,920 | $16,077 | $3,710 | $93 |
An entry-level Reservoir Engineer IV with under 1 year experience makes about $228,676. With less than 2 years of experience, a mid-level Reservoir Engineer IV makes around $229,711. After 2-4 years, the Reservoir Engineer IV pay rises to about $230,746. Those senior Reservoir Engineer IV with 5-8 years of experience earn roughly $234,472, and those Reservoir Engineer IV having 8 years or more experience are expected to earn about $239,947 on average.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer IV | $228,676 |
| Intermediate Level Reservoir Engineer IV | $229,711 |
| Senior Level Reservoir Engineer IV | $230,746 |
| Specialist Level Reservoir Engineer IV | $234,472 |
| Expert Level Reservoir Engineer IV | $239,947 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 13% |
| Top Level | 14% |
| Experienced | 17% |
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| Skill | Salary | Demand |
|---|---|---|
|
Python
|
$280,747 |
19%
|
|
Reservoir Engineering
|
$254,795 |
8%
|
|
Reservoir Engineering
|
$254,795 |
8%
|
|
Reservoir Engineering
|
$254,795 |
8%
|
|
Reservoir Engineering
|
$254,795 |
8%
|
