Engineering New Mexico (NM) Rank #29 of 50

Petroleum Engineer Salary in New Mexico

The median petroleum engineer salary in New Mexico is $122,574 per year, which is 7% below the national median of $131,800.

Median Salary

$122,574

vs National

$-9,226

State Rank

#29 of 50

Cost of Living

93%

Petroleum Engineer Salary in New Mexico by Experience

In New Mexico, an entry-level petroleum engineer earns around $78,120, while experienced professionals earn up to $181,350 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)

$78,120

$-5,880 vs national

Mid Level (3-7 yrs)

$124,620

$-9,380 vs national

Senior Level (8+ yrs)

$181,350

$-13,650 vs national

Salary Percentiles in New Mexico

Percentile	NM Salary	National	Difference
10th Percentile	$74,400	$80,000	$-5,600
25th Percentile	$94,860	$102,000	$-7,140
Median (50th)	$122,574	$131,800	$-9,226
75th Percentile	$156,240	$168,000	$-11,760
90th Percentile	$187,860	$202,000	$-14,140

Petroleum Engineer Salary by City in New Mexico

The largest employment areas for petroleum engineers in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

Albuquerque, NM

$125,210

Pop. 564,559 · COL 95%

Las Cruces, NM

$115,984

Pop. 111,385 · COL 88%

Rio Rancho, NM

$121,256

Pop. 104,046 · COL 92%

Santa Fe, NM

$144,980

Pop. 87,505 · COL 110%

Roswell, NM

$108,076

Pop. 48,422 · COL 82%

How to Become a Petroleum Engineer in New Mexico

Education

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

Key Skills

Reservoir EngineeringDrillingGeologySimulation SoftwareProject ManagementData Analysis

Job Outlook in New Mexico

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