As of May 01, 2025, the average annual salary for a Reservoir Engineer V in Madison, WI is $236,274. Salary.com reports that pay typically ranges from $228,671 to $248,230, with most professionals earning between $221,749 and $259,116.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $248,230 | $20,686 | $4,774 | $119 |
| Average | $236,274 | $19,689 | $4,544 | $114 |
| 25th Percentile | $228,671 | $19,056 | $4,398 | $110 |
An entry-level Reservoir Engineer V with under 1 year experience makes about $233,210. With less than 2 years of experience, a mid-level Reservoir Engineer V makes around $233,777. After 2-4 years, the Reservoir Engineer V pay rises to about $234,345. Those senior Reservoir Engineer V with 5-8 years of experience earn roughly $235,139, and those Reservoir Engineer V having 8 years or more experience are expected to earn about $237,166 on average.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer V | $233,210 |
| Intermediate Level Reservoir Engineer V | $233,777 |
| Senior Level Reservoir Engineer V | $234,345 |
| Specialist Level Reservoir Engineer V | $235,139 |
| Expert Level Reservoir Engineer V | $237,166 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 1% |
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