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Petroleum Engineers Salary in Colorado

How much does a Petroleum Engineers make in Colorado?

Last updated: 2024 data from the Bureau of Labor Statistics

$167,540
Median Annual Salary
$168,220
Mean Salary
$167,540
Median Salary
$80.55
Hourly Rate
1,140 people work as Petroleum Engineers in Colorado

About This Job: Petroleum Engineers

Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.

Top Skills

Reading Comprehension
4.0
Critical Thinking
4.0
Active Listening
3.88
Writing
3.88
Speaking
3.88

Key Knowledge Areas

Engineering and Technology
4.4
Mathematics
4.12
Physics
3.52
Computers and Electronics
3.51
Chemistry
3.39
Typical Education: Bachelor's Degree (71.6% of workers)

Source: O*NET OnLine, U.S. Department of Labor

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What does this salary really buy? See Petroleum Engineers salary in Colorado adjusted for cost of living →

Petroleum Engineers Salary by State

Compare Petroleum Engineers pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Petroleum Engineers make in Colorado?
The median annual salary for a Petroleum Engineers in Colorado is $167,540 as of 2024. The average (mean) salary is $168,220.
What is the starting salary for a Petroleum Engineers in Colorado?
Entry-level Petroleum Engineers positions in Colorado typically start around $84,730 (10th percentile). With some experience, salaries rise to $101,030 (25th percentile).
How many people work as Petroleum Engineers in Colorado?
According to 2024 BLS data, approximately 1,140 people are employed as Petroleum Engineers in Colorado.
What is the hourly rate for a Petroleum Engineers in Colorado?
Based on a standard 2,080-hour work year, the median hourly rate for a Petroleum Engineers in Colorado is approximately $80.55 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS