As of March 01, 2025, the average annual salary for a Reservoir Engineer V in Mckinney, TX is $247,848. Salary.com reports that pay typically ranges from $229,740 to $266,631, with most professionals earning between $213,253 and $283,732.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $270,966 | $22,581 | $5,211 | $130 |
| Average | $251,878 | $20,990 | $4,844 | $121 |
| 25th Percentile | $233,475 | $19,456 | $4,490 | $112 |
An entry-level Reservoir Engineer V with under 1 year experience makes about $237,498. With less than 2 years of experience, a mid-level Reservoir Engineer V makes around $238,831. After 2-4 years, the Reservoir Engineer V pay rises to about $240,165. Those senior Reservoir Engineer V with 5-8 years of experience earn roughly $242,033, and those Reservoir Engineer V having 8 years or more experience are expected to earn about $246,085 on average.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer V | $237,498 |
| Intermediate Level Reservoir Engineer V | $238,831 |
| Senior Level Reservoir Engineer V | $240,165 |
| Specialist Level Reservoir Engineer V | $242,033 |
| Expert Level Reservoir Engineer V | $246,085 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 2% |
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