Bonanza Creek Energy, Inc. Reservoir Engineer IV Salary in the United States

How much does a Reservoir Engineer IV make at companies like Bonanza Creek Energy, Inc. in the United States? The average salary for Reservoir Engineer IV at companies like Bonanza Creek Energy, Inc. in the United States is $200,853 as of July 27, 2020, but the range typically falls between $186,270 and $210,768. 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.  View the Cost of Living in Major Cities

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What does a Reservoir Engineer IV do at companies like Bonanza Creek Energy, Inc.?

Reservoir Engineer IV 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 IV requires a bachelor's degree in engineering. Typically reports to a manager or head of a unit/department. Reservoir Engineer IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Reservoir Engineer IV typically requires 7+ years of related experience. (Copyright 2020 Salary.com)

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$186,270 Low Average $200,853 High $210,768

Understand the total compensation opportunity for Reservoir Engineer IV at companies like Bonanza Creek Energy, Inc., base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$186,270
$210,768
$200,853

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$218,327
$265,821
$240,031
These charts show the average base salary (core compensation), as well as the average total cash compensation for Reservoir Engineer IV in companies like Bonanza Creek Energy, Inc. in the United States. The base salary for Reservoir Engineer IV in companies like Bonanza Creek Energy, Inc. range from $186,270 to $210,768 with the average base salary of $200,853. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $218,327 to $265,821 with the average total cash compensation of $240,031.
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