New Mexico employs 380 Petroleum Engineers professionals, below the national average concentration.
Data: BLS OEWS 2024 • New Mexico employment outlook • Updated 2026-04-06
The location quotient (LQ) of 0.46 indicates that New Mexico has a below-average concentration of Petroleum Engineers professionals. This may suggest fewer local opportunities compared to other states, though national trends should also be considered.
Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.
The average annual salary for a Petroleum Engineers in New Mexico is $130,850. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.
New Mexico employs approximately 380 Petroleum Engineers professionals (2024 BLS data). This ranks New Mexico for this occupation nationwide.
New Mexico has average or below-average concentration of Petroleum Engineers jobs (LQ: 0.46). A Location Quotient above 1.0 indicates higher-than-average demand.
The average (mean) salary for Petroleum Engineers in New Mexico is $130850/year. See our detailed salary page for percentile breakdowns.
Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.
The top state for Petroleum Engineers employment is Texas with 11,870 jobs.
Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Petroleum Engineers (SOC 172171) in New Mexico.