The median hourly wage for Petroleum Engineers in New Mexico is $61.57/hour, based on 2024 BLS data.
Data: BLS OEWS 2024 • New Mexico hourly wage data • Updated 2026-04-06
| Percentile | Hourly Rate | Weekly (×40h) | Monthly (×173.3h) | Annual (×2,080h) |
|---|---|---|---|---|
| Entry-Level (P10) | $38.96 | $1558 | $6753 | $81,040 |
| Q1 (P25) | $41.02 | $1641 | $7111 | $85,330 |
| Median (P50) | $61.57 | $2463 | $10672 | $128,070 |
| Q3 (P75) | $70.36 | $2814 | $12196 | $146,350 |
| Senior (P90) | $None | $0 | $0 | N/A |
Note: Weekly = hourly × 40 hours. Monthly = hourly × 173.3 hours (avg). Annual = hourly × 2,080 hours.
The median hourly wage for Petroleum Engineers in New Mexico is $61.57/hour (2024 BLS data). This equals approximately $128,070.0 per year based on 2,080 work hours.
The median hourly rate for Petroleum Engineers in New Mexico is $61.57/hr compared to the national average of $61.14/hr — higher by $0.43/hr.
Entry-level Petroleum Engineers professionals in New Mexico earn approximately $38.96/hour (10th percentile), which equals $81,040.0/year.
Senior-level data is not available for Petroleum Engineers in New Mexico.
Hourly wages are calculated by dividing annual salary by 2,080 hours (52 weeks × 40 hours/week). This is the standard full-time conversion used by the Bureau of Labor Statistics.
Hourly wage data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects median and percentile wages for Petroleum Engineers (SOC 172171) in New Mexico.