Petroleum Engineer salary
Updated Updated for 2026 tax law
A petroleum engineer earns a median of $144,910 a year ($69.67 an hour) in the US, according to the Bureau of Labor Statistics (May 2025). The average is $157,150. About 18,060 people work in this job.
Take-home pay on $144,910
- Gross pay
- $5,573.46
- Federal income tax
- −$904.32
- Social Security (6.2%)
- −$345.55
- Medicare (1.45%)
- −$80.82
- Texas income tax
- $0.00No state income tax on wages
- Take-home pay
- $4,242.77
Annual breakdown
- Gross
- $144,910
- Federal
- $23,512
- FICA
- $11,086
- State + local
- $0
- Net
- $110,312
- Marginal federal rate
- 24.0%
- Marginal state rate
- 0.0%
2026 federal brackets (Rev. Proc. 2025-32) and 2026 state rules. Estimates assume wages are your only income and use annual liability, so your actual withholding can differ slightly.
Similar jobs
- Aerospace Engineer: $134,960
- Nuclear Engineer: $133,970
- Electronics Engineer: $130,220
- Computer Hardware Engineer: $161,740
- Chemical Engineer: $125,040
- Engineer: $122,930
- Electrical Engineer: $120,630
- Health and Safety Engineer: $115,160
BLS occupation: Petroleum Engineers. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (SOC 17-2171). Excludes the self-employed.
Frequently asked questions
How much does a petroleum engineer make an hour?
The median hourly wage is $69.67; the average is $75.55.
What is the salary range for a petroleum engineer?
The bottom 10% earn under $81,440 and the top 10% earn over $253,200 a year.
How much is $144,910 after taxes?
About $110,312 a year in Texas (no state income tax) or $99,197 in California for a single filer in 2026.
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Estimates for information only — not tax, legal or financial advice.