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

How much does a Reservoir Engineer V make at companies like Bonanza Creek Energy, Inc. in the United States? The average salary for Reservoir Engineer V at companies like Bonanza Creek Energy, Inc. in the United States is $234,293 as of July 27, 2020, but the range typically falls between $221,890 and $249,718. 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 V do at companies like Bonanza Creek Energy, Inc.?

Reservoir Engineer V 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 V requires a bachelor's degree in engineering. Typically reports to a manager or head of a unit/department. The Reservoir Engineer V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be a Reservoir Engineer V typically requires 10+ years of related experience. (Copyright 2020 Salary.com)

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$221,890 Low Average $234,293 High $249,718

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

Average Base Salary

Core compensation

 
 
 
$221,890
$249,718
$234,293

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$271,678
$317,554
$297,018
These charts show the average base salary (core compensation), as well as the average total cash compensation for Reservoir Engineer V in companies like Bonanza Creek Energy, Inc. in the United States. The base salary for Reservoir Engineer V in companies like Bonanza Creek Energy, Inc. range from $221,890 to $249,718 with the average base salary of $234,293. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $271,678 to $317,554 with the average total cash compensation of $297,018.
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