Median annual earnings of petroleum engineers were $83,370 in 2002. The middle 50 percent earned between $63,390 and $105,920. The lowest 10 percent earned less than $49,010, and the highest 10 percent earned more than $127,950.
According to a 2003 salary survey by the National Association of Colleges and Employers, bachelorís degree candidates in petroleum engineering received starting offers averaging $55,987 year.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
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