Industries with Fastest Petroleum Engineers Salary Growth
These industries raised Petroleum Engineers salaries the most from 2019 to 2024. Useful for deciding which industry to work in or switch to for better pay growth.
13
Industries with Growth
+48.2%
Highest Growth
+18.1%
Average Growth
10
Industries with Decline
Top 15 Industries for Salary Growth
Petroleum Engineers salary increase from 2019 to 2024
All 13 Industries with Salary Growth
| Rank | Industry | 2019 Salary | 2024 Salary | $ Increase | % Growth |
|---|---|---|---|---|---|
| 1 | Chemical Manufacturing | $123,090 | $182,420 | +$59,330 | +48.2% |
| 2 | Chemical Manufacturing (3251, 3252, 3253, and 3259 only) | $123,090 | $182,420 | +$59,330 | +48.2% |
| 3 | Petroleum and Coal Products Manufacturing | $129,960 | $159,320 | +$29,360 | +22.6% |
| 4 | Oil and Gas Extraction | $137,210 | $164,960 | +$27,750 | +20.2% |
| 5 | Credit Intermediation and Related Activities | $165,440 | $197,580 | +$32,140 | +19.4% |
| 6 | Credit Intermediation and Related Activities (5221 and 5223 only) | $165,440 | $197,570 | +$32,130 | +19.4% |
| 7 | Other Pipeline Transportation | $111,910 | $125,380 | +$13,470 | +12.0% |
| 8 | Scientific Research and Development Services | $165,360 | $181,100 | +$15,740 | +9.5% |
| 9 | Research and Development in the Physical, Engineering, and Life Sciences | $165,360 | $181,100 | +$15,740 | +9.5% |
| 10 | Pipeline Transportation | $117,500 | $127,930 | +$10,430 | +8.9% |
| 11 | Support Activities for Mining | $117,150 | $125,590 | +$8,440 | +7.2% |
| 12 | Pipeline Transportation of Crude Oil | $130,180 | $137,070 | +$6,890 | +5.3% |
| 13 | Pipeline Transportation of Natural Gas | $114,360 | $119,720 | +$5,360 | +4.7% |
10 Industries with Salary Decline
| Rank | Industry | 2019 Salary | 2024 Salary | $ Decrease | % Decline |
|---|---|---|---|---|---|
| 1 | Management, Scientific, and Technical Consulting Services | $124,950 | $87,360 | -$37,590 | -30.1% |
| 2 | Professional, Scientific, and Technical Services | $133,970 | $118,400 | -$15,570 | -11.6% |
| 3 | Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $180,620 | $162,120 | -$18,500 | -10.2% |
| 4 | Utilities | $110,260 | $99,000 | -$11,260 | -10.2% |
| 5 | Natural Gas Distribution | $108,220 | $98,920 | -$9,300 | -8.6% |
| 6 | Architectural, Engineering, and Related Services | $129,730 | $120,920 | -$8,810 | -6.8% |
| 7 | Engineering Services | $130,790 | $126,070 | -$4,720 | -3.6% |
| 8 | Machinery Manufacturing (3331, 3332, 3334, and 3339 only) | $138,550 | $135,420 | -$3,130 | -2.3% |
| 9 | Machinery Manufacturing | $138,290 | $135,420 | -$2,870 | -2.1% |
| 10 | Management of Companies and Enterprises | $172,000 | $170,090 | -$1,910 | -1.1% |
About This Data
Salary growth is calculated by comparing the median annual wage for Petroleum Engineers in each industry between 2019 and 2024, using Bureau of Labor Statistics data. Growth percentage = (2024 median - 2019 median) / 2019 median × 100.