Global Oil and Gas Salary Survey Results
SPE has been surveying its professional members since 1967 to benchmark global compensation trends in the oil and gas industry. The 2020 Salary Survey Highlights Report (pdf) is available to download for free. An article on the 2020 results will soon be published in the November 2020 issue of the Journal of Petroleum Technology. The 2020 Salary Survey Report and data file are available for purchase in the SPE Bookstore.
Highlights from the 2020 SPE Salary Survey
- Upstream oil and gas industry pay (including salary and bonus) reported by SPE professional members for 2020 averages at USD 163,723, a decline from USD 197,027 in 2019
- The mean base pay reported in 2020 is USD 127,053, a decrease from last year’s base pay of USD 147,027.
- Reservoir engineers reported earning the highest base pay (USD 158,857), followed by production engineers (USD 147,439).
- Total compensation has decreased by 14% or more across the board this year for the five job levels tracked.
Get the Full Report, Data File, or Archive of Highlights
The full Salary Survey report and data file for the SPE Membership Salary Survey are available through the SPE Bookstore. Full survey results for petroleum engineer salaries and related upstream oil and gas positions are included by region, years of experience, job category, and more.