Salary AI Book a Demo
upper level job

Reservoir Engineer V Salary in the United States

How much does a Reservoir Engineer V make in the United States?

As of September 01, 2026, the average salary for a Reservoir Engineer V in the United States is $265,031 per year, which breaks down to an hourly rate of $127.

However, a Reservoir Engineer V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $288,996
  • Majority Range (25th-75th percentile): $258,279 to $277,575
  • Entry-Level (10th percentile): $252,132
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Reservoir Engineer V Salaries

A Reservoir Engineer V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Reservoir Engineer V Salaries?

Experience is a primary driver of a Reservoir Engineer V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Reservoir Engineer III (4-7 years): $182,184
  • Reservoir Engineer IV (7+ years): $230,401
  • Reservoir Engineer V (7-10 years): $265,031
  • Reservoir Engineer VI (10-12 years): $292,994
  • Reservoir Engineering Manager (12+ years): $239,348
Job Role Years of Experience Average Salary
Reservoir Engineer III4-7 years$182,184
Reservoir Engineer IV7+ years$230,401
Reservoir Engineer V7-10 years$265,031
Reservoir Engineer VI10-12 years$292,994
Reservoir Engineering Manager12+ years$239,348
View as Graph

How Do Reservoir Engineer V Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Reservoir Engineer Vs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $293,442.
  • California: $292,329.
  • Massachusetts: $288,433.

Top Paying Cities for Reservoir Engineer Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $334,284
  • San Francisco: $330,624
  • Oakland: $323,656

What Skills Can Increase a Reservoir Engineer V's Salary?

Demanded Skills for the Role:

  • Communication Skills (Mentioned in 9.09% Job Postings): Communication skills are your ability to share or understand information, ideas, and feelings successfully.
  • MATLAB (Mentioned in 9.09% Job Postings): a programming platform designed specifically for engineers and scientists to analyze and design systems and products that transform our world.
  • Programming Language (Mentioned in 9.09% Job Postings): Is any set of rules that converts strings, or graphical program elements in the case of visual programming languages, to various kinds of machine code output. It is a kind of computer language used in computer programming to implement algorithms.
Skills Demand Percentage
Communication Skills 9.09%
MATLAB 9.09%
Programming Language 9.09%
See More Skills

Reservoir Engineer V Salary by Company Size: Startups vs. Enterprise

Reservoir Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $307,929. While startup companies pay approximate $260,813.

Reservoir Engineer V Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $260,813
Growth Stage 51~500 $275,728
Established 501~5000 $297,476
Enterprise 5000+ $307,929

How Education impacts a Reservoir Engineer V's Salary?

Your level of education can impact your salary potential. While many Reservoir Engineer V enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Reservoir Engineer V with a Bachelor's Degree is between $241,359 and $251,493.

Reservoir Engineer V Salaries by Degree Level

Typical Education for Reservoir Engineer V
Degree Level % of user with this level of education
No Diploma 35.3%
High School 44.1%
Associates 20.6%
Bachelors 35.3%
Masters 44.1%
Doctorate 20.6%
View as Graph

Reservoir Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Reservoir Engineer V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$258,279
Average $265,031/year
$277,575
$21,523
Average $22,086/month
$23,131
$4,967
Average $5,097/week
$5,338
$124
Average $127/hour
$133
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $277,575 $23,131 $5,338 $133
Average $265,031 $22,086 $5,097 $127
25th Percentile $258,279 $21,523 $4,967 $124

Reservoir Engineer V Salary Growth & Career Path

Reservoir Engineer V

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Reservoir Engineer V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Drilling Engineering Manager $181,702 -31%
Reservoir Engineer VI $292,994 11%

Most common benefits for Reservoir Engineer V

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Reservoir Engineer V

Here are companies hiring for Reservoir Engineer V and their salaries, click below for more details.

Find Your Next Reservoir Engineer V Job

Ready to take the next step in your career? Browse thousands of current Reservoir Engineer V job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Reservoir Engineer V

1. Where can a Reservoir Engineer V earn the most?

A Reservoir Engineer V'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 V earns the most in San Jose, CA, where the annual salary of a Reservoir Engineer V is $334,284.

2. What is the highest pay for Reservoir Engineer V?

The highest pay for Reservoir Engineer V is $288,996.

3. What is the lowest pay for Reservoir Engineer V?

The lowest pay for Reservoir Engineer V is $252,132.

4. What are the responsibilities of Reservoir Engineer V?

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. 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. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.

Where Does Our Salary Data Come From?

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job