Average Petroleum Engineers Salary in Oklahoma
Petroleum Engineers in Oklahoma earn an impressive average annual salary of $159,810, surpassing the national average of $154,300. This elevated compensation is driven by Oklahoma's significant role in the energy sector, creating a high demand for specialized engineering talent within the state.
Executive Summary
- Average Salary: $159,810 per year.
- Growth Trend: Salaries have shifted 2.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $239,715.
- Outlook: Oklahoma boasts a robust job market for Petroleum Engineers, evidenced by a substantial local workforce of 1,290 professionals. The high Location Quotient of 6.22 indicates a strong concentration of these roles, suggesting consistent demand and a stable employment landscape for skilled engineers in the region.
Salary Overview
The average Petroleum Engineers in Oklahoma earns+3.6%above the national average.
$76.8
$3,073
$13,318
Petroleum Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Petroleum Engineers in Oklahoma have experienced steady growth over the past four years, mirroring national trends. This growth is typically fueled by fluctuations in oil and gas prices, technological advancements, and the ongoing need for experienced professionals in the field.
Petroleum Engineers Salary Distribution in Oklahoma
Salary progression for Petroleum Engineers in Oklahoma is strongly tied to experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential with accumulated experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $91,220 | $43.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $119,858 | $57.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $142,470 | $68.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $199,763 | $96 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $239,715 | $115.2 |
Detailed Petroleum Engineers Market Analysis
Relocation Context
Nominal Salary
$159,810
Gross Pay
Real Wage (Purchasing Power)
$185,826
Adjusted for COL (86)
The average annual salary of $159,810 in Oklahoma presents a significant financial advantage when considering the local Cost of Living Index of 86. This index, which is 14% lower than the national average, means that the nominal salary translates into a higher real purchasing power, making Oklahoma an economically attractive location for Petroleum Engineers.
Job Market Context
1,290
Total Jobs
0.765
Per 1K Jobs
6.22
Location Quotient
Oklahoma has 6.2x the national concentration of Petroleum Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 6.22, Oklahoma's job market for Petroleum Engineers is exceptionally concentrated compared to the national average. This high concentration signifies a specialized and potentially competitive environment where employers actively seek out talent with specific expertise relevant to the state's energy industry, indicating strong demand.
Nearby Job Markets
Nearby Cities for Petroleum Engineers
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Petroleum Engineers Salary | $175,470↑ 10% | 34 mi |
| Tulsa, OK Petroleum Engineers Salary | $141,790↓ 11% | 69 mi |
Comparing salaries near Oklahoma
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Frequently Asked Questions
How much does a Petroleum Engineers make in Oklahoma?
The median annual salary for a Petroleum Engineers in Oklahoma is $159,810. This typically ranges from $91,220 for entry-level positions to $239,715 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma is 3.6% higher than the national median of $154,300.
Is Oklahoma a lucrative place for Petroleum Engineers?
Yes, Oklahoma is a highly lucrative place for Petroleum Engineers.The state offers an average salary significantly above the national average, coupled with a cost of living that is substantially lower than the national average, enhancing real income.
Is Oklahoma a good place to live for Petroleum Engineers?
With a Cost of Living Index of 86 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Oklahoma?
Some top paying nearby cities include Oklahoma City, OK ($175,470) and Tulsa, OK.
How does Oklahoma's salary for Petroleum Engineers compare to the national average?
Petroleum Engineers in Oklahoma earn an average of $159,810 annually, which is approximately $5,510 higher than the national average of $154,300.
What is the concentration of Petroleum Engineers in Oklahoma?
Oklahoma has a high concentration of Petroleum Engineers, with a Location Quotient of 6.22, indicating that the state employs over six times the national average number of these professionals relative to its workforce.
How does the cost of living affect the Petroleum Engineer salary in Oklahoma?
Oklahoma's cost of living index is 86, meaning it's 14% cheaper than the national average. This lower cost of living increases the purchasing power of the $159,810 average salary.
What does the number of jobs per 1,000 workers suggest for Petroleum Engineers in Oklahoma?
With 0.765 jobs per 1,000 workers, Oklahoma shows a notable presence of Petroleum Engineering roles, reinforcing the state's importance in the energy sector and suggesting consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Oklahoma area with a job density of 0.765 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Petroleum Engineers • Data source: BLS OEWS 2024 •Jobs in Oklahoma