How much does a Reservoir Engineer II make at companies like Bonanza Creek Energy, Inc. in the United States? The average salary for Reservoir Engineer II at companies like Bonanza Creek Energy, Inc. in the United States is $133,580 as of July 27, 2020, but the range typically falls between $126,316 and $141,666. 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.
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What does a Reservoir Engineer II do at companies like Bonanza Creek Energy, Inc.?
Reservoir Engineer II 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 II requires a bachelor's degree in engineering. Typically reports to a supervisor or manager. The Reservoir Engineer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Reservoir Engineer II typically requires 2 to 4 years of related experience. (Copyright 2020 Salary.com)
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Understand the total compensation opportunity for Reservoir Engineer II at companies like Bonanza Creek Energy, Inc., base salary plus other pay elements
Average Base Salary
Average Total Cash Compensation
Includes base and annual incentives
These charts show the average base salary (core compensation), as well as the average total cash compensation for Reservoir Engineer II in companies like Bonanza Creek Energy, Inc. in the United States. The base salary for Reservoir Engineer II in companies like Bonanza Creek Energy, Inc. range from $126,316 to $141,666 with the average base salary of $133,580. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $141,130 to $171,926 with the average total cash compensation of $157,991.
Bonanza Creek Energy, Inc.
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 116.8 million barrel of oil equivalent. Bonanza Creek Energy, Inc. was founded in 1999 and is headquartered in Denver, Colorado....