As of April 01, 2025, the average annual salary for a Reservoir Engineer V in Watertown, SD is $214,090. Salary.com reports that pay typically ranges from $207,201 to $224,924, with most professionals earning between $200,929 and $234,787.
| 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 $211,314. With less than 2 years of experience, a mid-level Reservoir Engineer V makes around $211,828. After 2-4 years, the Reservoir Engineer V pay rises to about $212,342. Those senior Reservoir Engineer V with 5-8 years of experience earn roughly $213,062, and those Reservoir Engineer V having 8 years or more experience are expected to earn about $214,898 on average.
| Levels | Salary |
|---|---|
| Entry Level Reservoir Engineer V | $211,314 |
| Intermediate Level Reservoir Engineer V | $211,828 |
| Senior Level Reservoir Engineer V | $212,342 |
| Specialist Level Reservoir Engineer V | $213,062 |
| Expert Level Reservoir Engineer V | $214,898 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 11% |
| Top Level | 11% |
| Experienced | 10% |
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