How much does a Reservoir Engineer V make in the United States? The average Reservoir Engineer V salary in the United States is $231,351 as of September 25, 2020, but the range typically falls between $219,107 and $246,583. 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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25% $219,107 10% $207,959 90% $260,451 75% $246,583 $231,351 50%(Median) View your Salary
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Job Description for Reservoir Engineer V

Reservoir Engineer V 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 V requires a bachelor's degree in engineering. Typically reports to a manager or head of a unit/department. The Reservoir Engineer 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 Reservoir Engineer V typically requires 10+ years of related experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Reservoir Engineer V

Career Path for Reservoir Engineer V

Those that have already made the climb...
Eric J. Haas, Former Senior Vice President, Production and Development
Kosmos Energy Ltd., a deepwater independent oil and gas exploration and production company, focuses along the Atlantic Margins. Its primary assets include production offshore Ghana, Equatorial Guinea, and U.S. Gulf of Mexico, as well as a gas development offshore Mauritania and Senegal. The company also maintains an ex... More
Fiscal Year Ended in 2019
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Step 1 of 3

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Average Base Salary

Core compensation

 
 
 
219107
246583
231351

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
268271
313582
293293
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Reservoir Engineer V in the United States. The base salary for Reservoir Engineer V ranges from $219,107 to $246,583 with the average base salary of $231,351. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $268,271 to $313,582 with the average total cash compensation of $293,293.
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219107
246583

 

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

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