Salary for
Reservoir Engineer V in the United States

How much does a Reservoir Engineer V earn in the United States? The average Reservoir Engineer V salary in the United States is $204,357 as of March 28, 2019, but the range typically falls between $195,868 and $216,362. 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 Cost of Living in Major Cities

Job Description

Responsible for identifying oil and gas reserves and developing strategies to maximize recovery. Designs and tests new wells and monitors and predicts performance. Requires a bachelor's degree of in engineering. Typically reports to a manager or head of a unit/department. 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. Typically requires 10+ years of related experience.

Take just three simple steps below to generate your own personalized salary report.

Salary range for a Reservoir Engineer V
Customize your search to determine an exact salary target
Step of 3

Understand the total compensation opportunity for a Reservoir Engineer V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
195868
216362
204357

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
242462
291256
268521
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Reservoir Engineer V in the United States. The base salary for Reservoir Engineer V ranges from $195,868 to $216,362 with the average base salary of $204,357. The total compensation, which includes bonus, health and retirement, can vary anywhere from $242,462 to $291,256 with the average total compensation of $268,521.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

195868
216362
Your Salary

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Reservoir Engineer IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Reservoir Engineer V

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Reservoir Engineering Manager


    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Reservoir Engineer V