How much does a Reservoir Engineer V make in Houston, TX? The average Reservoir Engineer V salary in Houston, TX is $241,069 as of June 28, 2021, but the range typically falls between $228,309 and $256,940. 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 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 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 V do?
Reservoir Engineer V in Addison, TX
Develop relationships with key internal and external customers while supporting both company and clientÆs business goals and expectations while representing themselves both positively and professionally.
September 13, 2020
Prepare project and job packages that include material lists, requisitions, site drawings and construction drawings for various installations of electrical facilities in a cost-effective manner that maximizes safety and service reliability.
Houston is located 165 miles (266 km) east of Austin, 88 miles (142 km) west of the Louisiana border, and 250 miles (400 km) south of Dallas. The city has a total area of 627 square miles (1,620 km2); this comprises 599.59 square miles (1,552.9 km2) of land and 22.3 square miles (58 km2) covered by water. The Piney Woods are north of Houston. Most of Houston is located on the gulf coastal plain, and its vegetation is classified as temperate grassland and forest. Much of the city was built on forested land, marshes, swamp, or prairie and are all still visible in surrounding areas.[citation need...
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 V in Houston, TX. The base salary for Reservoir Engineer V ranges from $228,309 to $256,940 with the average base salary of $241,069. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $279,539 to $326,754 with the average total cash compensation of $305,619.