Average Petroleum Engineers Salary in Tulsa, OK
Petroleum Engineers in Tulsa, OK, command an impressive average annual salary of $141,790. While this figure is slightly below the national average of $154,300, the unique concentration of the energy sector in Oklahoma, particularly in Tulsa, often influences localized compensation structures. This specialized demand within the region contributes to competitive pay for these critical roles.
Executive Summary
- Average Salary: $141,790 per year.
- Growth Trend: Salaries have shifted 6.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $202,370.
- Outlook: The job market for Petroleum Engineers in Tulsa appears robust, evidenced by a substantial local workforce of 350 professionals. The Location Quotient of 6.19 significantly surpasses the national average, indicating a strong regional specialization and demand for these skills. With 0.761 jobs per 1,000 workers, the presence of a dedicated talent pool suggests a healthy and active employment landscape for this profession.
Salary Overview
The average Petroleum Engineers in Tulsa, OK earns-8.1%below the national average.
$68.2
$2,727
$11,816
Petroleum Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Petroleum Engineers in Tulsa have experienced growth over the past four years, mirroring national trends in the energy sector. Factors such as fluctuating oil prices, technological advancements, and evolving industry demands typically drive salary increases, ensuring that compensation remains competitive and reflective of the market.
Petroleum Engineers Salary Distribution in Tulsa, OK
Salary progression for Petroleum Engineers in Tulsa is strongly tied to experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries significantly above the average. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial career advancement opportunities and increased earning potential with tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $94,120 | $45.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $106,343 | $51.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $121,190 | $58.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $177,238 | $85.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $202,370 | $97.3 |
Detailed Petroleum Engineers Market Analysis
Relocation Context
Nominal Salary
$141,790
Gross Pay
Real Wage (Purchasing Power)
$141,790
Adjusted for COL (100)
The average annual salary of $141,790 in Tulsa, OK, is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Petroleum Engineer's salary in Tulsa is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living often associated with other major metropolitan areas.
Job Market Context
350
Total Jobs
0.761
Per 1K Jobs
6.19
Location Quotient
Tulsa, OK 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.
Tulsa's Location Quotient of 6.19 for Petroleum Engineers is exceptionally high, indicating a market concentration more than six times the national average. This suggests that Tulsa is a significant hub for this profession, with a disproportionately large number of Petroleum Engineers relative to the general workforce. Such a concentration points to a specialized and potentially competitive job market, where employers actively seek out and value local expertise.
Nearby Job Markets
Nearby Cities for Petroleum Engineers
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Petroleum Engineers Salary | $138,290↓ 2% | 69 mi |
| Northeast Oklahoma nonmetropolitan area Petroleum Engineers Salary | $151,230↑ 7% | 69 mi |
| Southwest Oklahoma nonmetropolitan area Petroleum Engineers Salary | $161,180↑ 14% | 69 mi |
| Northwest Oklahoma nonmetropolitan area Petroleum Engineers Salary | $120,660↓ 15% | 69 mi |
Comparing salaries near Tulsa, OK
Hiring Petroleum Engineerss?
Frequently Asked Questions
How much does a Petroleum Engineers make in Tulsa, OK?
The median annual salary for a Petroleum Engineers in Tulsa, OK is $141,790. This typically ranges from $94,120 for entry-level positions to $202,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tulsa, OK is 8.1% lower than the national median of $154,300.
Is Tulsa, OK a lucrative place for Petroleum Engineers?
Yes, Tulsa, OK offers a lucrative environment for Petroleum Engineers.With an average salary of $141,790 and a cost of living matching the national average, Tulsa provides strong earning potential. The high concentration of Petroleum Engineers further indicates significant regional demand.
Is Tulsa, OK a good place to live for Petroleum Engineers?
The Cost of Living Index in Tulsa, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tulsa, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($138,290) and Northeast Oklahoma nonmetropolitan area.
How does Tulsa's Petroleum Engineer salary compare to the national average?
The average annual salary for Petroleum Engineers in Tulsa, OK, is $141,790, which is slightly below the national average of $154,300.
What is the concentration of Petroleum Engineers in Tulsa?
Tulsa has a high concentration of Petroleum Engineers, with a Location Quotient of 6.19, indicating a presence more than six times the national average.
How does the cost of living in Tulsa affect salary perception?
Tulsa's Cost of Living Index is 100, matching the national average. This means the $141,790 salary offers purchasing power equivalent to the national standard.
What does the local workforce size suggest about job availability?
With a local workforce of 350 Petroleum Engineers, Tulsa demonstrates a significant and established presence in the field, suggesting consistent demand and opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Tulsa, OK area with a job density of 0.761 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 Tulsa, OK