Engineering Colorado (CO) Rank #11 of 50

Petroleum Engineer Salary in Colorado

The median petroleum engineer salary in Colorado is $138,390 per year, which is 5.0% above the national median of $131,800.

Median Salary
$138,390
vs National
+$6,590
State Rank
#11 of 50
Cost of Living
105%

Petroleum Engineer Salary Overview in Colorado (2026)

Colorado ranks #11 out of 50 states for petroleum engineer compensation. Colorado falls in the middle of the pack for petroleum engineer pay, offering salaries near the national average. At $138,390 per year, petroleum engineers in Colorado earn $6,590 more than the national median of $131,800.

Colorado's cost of living is near the national average at 105%, meaning petroleum engineer salaries here translate closely to their face value in purchasing power.

The salary spread in Colorado is significant: petroleum engineers at the 10th percentile earn $84,000, while those at the 90th percentile bring home $212,100 — a $128,100 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Colorado for this role is Boulder, where the median reaches $168,704.

Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for petroleum engineers across the country.

Petroleum Engineer Salary in Colorado by Experience

In Colorado, an entry-level petroleum engineer earns around $88,200, while experienced professionals earn up to $204,750 per year. The cost of living index in Colorado is 105% of the national average.

Entry Level (0-2 yrs)
$88,200
+$4,200 vs national
Mid Level (3-7 yrs)
$140,700
+$6,700 vs national
Senior Level (8+ yrs)
$204,750
+$9,750 vs national

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Salary Percentiles in Colorado

Percentile CO Salary
10th Percentile $84,000
25th Percentile $107,100
Median (50th) $138,390
75th Percentile $176,400
90th Percentile $212,100

Petroleum Engineer Salary by City in Colorado

The largest employment areas for petroleum engineers in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries vary by city based on local cost of living and demand.

How to Become a Petroleum Engineer in Colorado

Education

Most petroleum engineer positions require a bachelor's degree. Colorado has several accredited institutions offering relevant programs.

Key Skills

Reservoir EngineeringDrillingGeologySimulation SoftwareProject ManagementData Analysis

Job Outlook in Colorado

Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). Colorado's demand may vary based on local industry trends.

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Frequently Asked Questions: Petroleum Engineer Salary in Colorado

How much does a Petroleum Engineer make in Colorado? ▼
The median petroleum engineer salary in Colorado is $138,390 per year, which is 5.0% above the national median of $131,800. Salaries range from $84,000 (10th percentile) to $212,100 (90th percentile).
How much does a Petroleum Engineer make per hour in Colorado? ▼
Based on the median annual salary of $138,390, a petroleum engineer in Colorado earns approximately $67 per hour assuming a standard 2,080-hour work year.
Is Colorado a good state for petroleum engineers? ▼
Colorado ranks #11 out of 50 states for petroleum engineer pay. The cost of living index is 105% of the national average. Entry-level petroleum engineers earn $88,200, while senior professionals earn $204,750.
How does Colorado compare to other states for petroleum engineer salary? ▼
The highest paying state for petroleum engineers is Hawaii at $224,060. Colorado's median of $138,390 ranks #11 nationally. Nearby-ranked states include Maryland ($144,980) and Oregon ($144,980).
What is the entry-level petroleum engineer salary in Colorado? ▼
An entry-level petroleum engineer in Colorado earns approximately $88,200 per year. With 3-7 years of experience, pay increases to around $140,700. Senior-level professionals with 8+ years earn up to $204,750.
What city in Colorado pays petroleum engineers the most? ▼
Boulder is the highest paying city in Colorado for petroleum engineers, with a median salary of $168,704. Other cities include Denver and Colorado Springs.