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Petroleum Service Technician Pay Scale

Petroleum service technicians, sometimes called geological and petroleum technicians, work primarily in industries associated to mining and petroleum products. They monitor the performance of and carry out maintenance and repairs on drilling and extracting machinery. Roughly 14,680 of those technicians had been working within the United States as of Could 2011.

National Statistics
In keeping with the Bureau of Labor Statistics, crude oil forecast march 2015 or BLS, petroleum technicians earned a median annual salary of $57,840 as of Could 2011, and reported average wages of $27.Eighty one an hour. The median salary for this occupation was $49,690, and the very best-earning 25 % of all petroleum technicians working within the United States reported annual earnings of $73,490 or more.

Pay by Location
By state, common salaries for petroleum technicians in the United States ranged from a low of $34,000 in North Carolina to a excessive of $eighty,a hundred and fifty in Nevada. Different excessive-paying states for this occupation included California, Alaska, New York, Indiana and Louisiana. The highest-paying metropolitan area within the country for this occupation was the Santa Ana-Anaheim-Irvine space of California, where petroleum engineers averaged $92,330 per 12 months. The very best-paying nonmetropolitan space was the northwest decrease peninsula of Michigan, with a mean pay of $81,030 per year.

Pay by Business
As of 2011, petroleum technicians working in the coal and petroleum merchandise manufacturing industry earned more than those in any other area, averaging $94,330 per 12 months. Petroleum technicians working within the oil and gasoline extraction business reported a mean annual revenue of $sixty three,780. Petroleum technicians working in help actions for mining reported average salaries of $51,540 per yr. Those employed by architectural and engineering companies reported a median salary of $forty seven,500 per yr.

Job Outlook

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The BLS expects jobs for petroleum technicians crude oil forecast march 2015 to develop at a price of about 15 p.c from 2010 to 2020, leading to about 2,a hundred new jobs. Employment on this occupation is tied to the fluctuations of oil and gas prices; if petroleum costs proceed to remain high, many roles are anticipated to be accessible. The BLS additionally reports that candidates who hold an associate diploma or no less than two years of relevant postsecondary examine are more seemingly to seek out employment.

2016 Salary Data for Geological and Petroleum Technicians
Geological and petroleum technicians earned a median annual wage of $56,470 in 2016, according to the U.S. Bureau of Labor Statistics. On the crude oil forecast march 2015 low end, geological and petroleum technicians earned a 25th percentile salary of $37,720, meaning seventy five % earned greater than this quantity. The 75th percentile salary is $78,220, that means 25 percent earn more. In 2016, 15,000 people were employed in the U.S.