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Petroleum Engineer

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AVG. SALARY

$113,960

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Increasing

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$113,960

Entry Annual Wage

$80,850

Experienced Annual Wage

$154,100

Average Hourly Wage

$54.79

Entry Hourly Wage

$38.87

Experienced Hourly Wage

$74.09

Median Hourly Wage

$49.58

North Dakota Regional Earnings

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
West North Dakota nonmetropolitan area $114,210 or $54.91/hr $80,850 or $38.87/hr $154,100 or $74.09/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Increasing
Growth rate is estimated to be 42%
Job Openings 33 estimated annual job openings
Employment 276 were employed in this occupation
Industries Large concentrations of this occupation are found in these industries
  • Architectural, engineering, and related services (NAICS541300) (35.29%)

North Dakota's Regional Employment and Outlook

Regions with increasing outlook (over 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 158 57% 9 13 22
Region 7 33 21% 1 3 4
Region 8 47 30% 1 3 4


National Earnings

Average Annual Wage

$142,800

Average Hourly Wage

$68.66

Average Annual Range

$76,960 to $220,040

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +8%.
(The National average for all occupations is +5%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment small occupation
  This was a small occupation in the United States, employing 22,800 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Faster than average growth
  Demand for petroleum engineers to facilitate oil and gas extraction at existing operations is expected; however, an increase in the use of renewable energy and weaker investment in fossil fuel production may limit job growth over the projections decade. 
Industries Large concentrations of this occupation are found in these industries
  • Mining, Quarrying, and Oil and Gas Extraction (NAICS210000) (44.3%)
  • Oil and gas extraction (NAICS211000) (25.9%)
  • Management of companies and enterprises (NAICS550000) (19.9%)
  • Management of companies and enterprises (NAICS551000) (19.9%)
  • Support Activities for Mining (NAICS213000) (18.4%)
  • Professional, scientific, and technical services (NAICS540000) (15.4%)
  • Architectural, engineering, and related services (NAICS541300) (8.1%)
  • Manufacturing (NAICS31-330) (8.1%)
  • Engineering services (NAICS541330) (7.3%)
  • Petroleum and coal products manufacturing (NAICS324000) (6.1%)

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

Support