As of April 01, 2025, the average annual salary for a Reservoir Engineer V in Bloomfield, NJ is $273,974. Salary.com reports that pay typically ranges from $265,158 to $287,838, with most professionals earning between $257,131 and $300,461.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $251,959 | $20,997 | $4,845 | $121 |
| Average | $239,823 | $19,985 | $4,612 | $115 |
| 25th Percentile | $232,106 | $19,342 | $4,464 | $112 |
An entry-level Reservoir Engineer V with under 1 year experience makes about $270,421. With less than 2 years of experience, a mid-level Reservoir Engineer V makes around $271,079. After 2-4 years, the Reservoir Engineer V pay rises to about $271,737. Those senior Reservoir Engineer V with 5-8 years of experience earn roughly $272,658, and those Reservoir Engineer V having 8 years or more experience are expected to earn about $275,008 on average.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer V | $270,421 |
| Intermediate Level Reservoir Engineer V | $271,079 |
| Senior Level Reservoir Engineer V | $271,737 |
| Specialist Level Reservoir Engineer V | $272,658 |
| Expert Level Reservoir Engineer V | $275,008 |
| Entry Level | 13% |
| Mid Level | 13% |
| Senior Level | 13% |
| Top Level | 14% |
| Experienced | 15% |
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