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Petroleum Engineers in New Mexico

Petroleum Engineers in New Mexico

Thinking about a career as a Petroleum Engineers in New Mexico? Here’s what the data says. 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.

What do Petroleum Engineers Make in New Mexico?

For a petroleum engineers working in New Mexico, wages run about $118,010 per year (or about $56.74/hour).Pay can range from $73,580 at the 10th percentile to $188,970 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $73,580 $35.38
25th percentile $90,700 $43.61
Median (50th) $118,010 $56.74
75th percentile $139,920 $67.27
90th percentile $188,970 $90.85
Salary ranges for Petroleum Engineers in New Mexico

The job concentration index in New Mexico relative to the national average — is 3.64, indicating that petroleum engineers are more concentrated here than the national average.

National Wage Comparison

Nationally, petroleum engineers earn a median of $137,336 per year ($66.03/hour), lower than the New Mexico median.

Petroleum Engineers earnings in New Mexico vs. the national average

Employment Outlook

There are roughly 382,293 petroleum engineers across the United States. In New Mexico alone, approximately 390 people work in this role. That’s more than the typical state, which employs around 190 petroleum engineers.

Petroleum Engineers in New Mexico vs. the average state Forecasted number of jobs for Petroleum Engineers

Top New Mexico Metros for Petroleum Engineers

These are the New Mexico metros with the most petroleum engineers in New Mexico.

Metro Area Number Employed Annual Median Salary
Farmington, NM 60 $101,760

Top States for Petroleum Engineers Employment

The table below shows the states where the most petroleum engineers work.

State Number Employed
Texas 10,640
Oklahoma 1,290
California 1,190
Colorado 1,140
Louisiana 920
Pennsylvania 470
New Mexico 390
Utah 380
Wyoming 320
Alaska 310
Montana 200
North Dakota 190
Washington 170
Ohio 170
West Virginia 160
Kansas 160
Alabama 140
Michigan 80
Nebraska 70
Minnesota 60

Highest-Paying States for Petroleum Engineers

Where petroleum engineers earn the most: petroleum engineers.

State Annual Median Salary
Alaska $200,750
Colorado $167,540
Utah $166,580
Tennessee $164,240
Texas $153,200
Wyoming $152,770
California $147,780
Oklahoma $142,470
New Jersey $140,800
Louisiana $134,630

Skills

The most important petroleum engineers skills, rated on an importance scale of 0 to 5:

Critical Thinking  4.0 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Systems Analysis  3.9 / 5
0
5
Judgment and Decision Making  3.9 / 5
0
5
Complex Problem Solving  3.9 / 5
0
5
Active Listening  3.9 / 5
0
5

Knowledge Areas

Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Engineering and Technology  4.4 / 5
0
5
Mathematics  4.1 / 5
0
5
Physics  3.5 / 5
0
5
Computers and Electronics  3.5 / 5
0
5
Chemistry  3.4 / 5
0
5
Administration and Management  3.4 / 5
0
5

Abilities

The abilities that matter most for petroleum engineers, rated on an importance scale of 0 to 5:

Problem Sensitivity  4.0 / 5
0
5
Oral Expression  4.0 / 5
0
5
Inductive Reasoning  4.0 / 5
0
5
Oral Comprehension  4.0 / 5
0
5
Written Expression  4.0 / 5
0
5
Deductive Reasoning  4.0 / 5
0
5

Daily Tasks

Common tasks include:

  • Specify and supervise well modification and stimulation programs to maximize oil and gas recovery.
  • Monitor production rates, and plan rework processes to improve production.
  • Maintain records of drilling and production operations.
  • Analyze data to recommend placement of wells and supplementary processes to enhance production.
  • Assist engineering and other personnel to solve operating problems.
  • Direct and monitor the completion and evaluation of wells, well testing, or well surveys.
  • Develop plans for oil and gas field drilling, and for product recovery and treatment.
  • Assess costs and estimate the production capabilities and economic value of oil and gas wells, to evaluate the economic viability of potential drilling sites.
  • Confer with scientific, engineering, and technical personnel to resolve design, research, and testing problems.
  • Interpret drilling and testing information for personnel.
  • Coordinate activities of workers engaged in research, planning, and development.
  • Write technical reports for engineering and management personnel.

Work Activities

  • Analyzing Data or Information
  • Making Decisions and Solving Problems
  • Working with Computers
  • Getting Information
  • Identifying Objects, Actions, and Events
  • Processing Information
  • Organizing, Planning, and Prioritizing Work
  • Thinking Creatively
  • Communicating with Supervisors, Peers, or Subordinates
  • Developing Objectives and Strategies
  • Communicating with People Outside the Organization
  • Establishing and Maintaining Interpersonal Relationships

Tools & Technology

Common tools and software used in this occupation include: Hot technologies: Autodesk AutoCAD, C#, C++ In-demand technologies: Autodesk AutoCAD

What Major Will Prepare You For This Career?

Related college programs include:

  • Petroleum Engineering
  • Civil Engineering

Related occupations to petroleum engineers include:

Also Known As

Certification Engineer, Completion Engineer, Completions Engineer, Design Engineer, Drilling Engineer, Engineer, Exploration Engineer, Gas Distribution Engineer, Gas Engineer, Gas Turbine Engineer, Logging Engineer, Mining and Oil Field Equipment Design Engineer, Mining and Oil Field Equipment Test Engineer, Mining and Oil Well Equipment Research Engineer, Mud Engineer.

References

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