Production and Operations Engineers continue to see strong demand for their services, with a modest salary increase just beyond $160k in base salary and an average annual cash bonus of 26%, for an average annual cash compensation north of $201,000. There is great news on many fronts for experienced Production and Operations Engineers, particularly those on the front end of their careers. 

There is a hiring demand for Operations and Production engineers within conventional-asset-focused optimization firms, where engineering guides the company and those that can get more out of old wells are always in need. Likewise, within resource play-focused E&P companies, the demand is similarly robust, as they seek engineers who can oversee large quantities of wells across the shale play. We see openings for these engineers in Houston, Dallas / Fort Worth, Midland, Tyler, Oklahoma City, Tulsa, and Denver. You can even land a job in California if you have experience with Steam Floods! 

We’re seeing openings for Production and Operations Engineer from just a year or two of experience, to opportunities for those with 30 years in the industry. If you happen to have some experience with Facilities Engineering, then the number of opportunities grow significantly. 

The majors and large independents continually seek experienced Production and Operations engineers, as do those smaller and more entrepreneurial E&P companies. As these engineers are seen as the engine behind growing oil and gas production, a good one can justify their worth in barrels and MCF’s. 

2024 is already proving to be a busy one for Production and Operations Engineers, with new openings coming weekly, despite industry consolidation. Their worth will continue to grow assuming the downward trend of fewer and fewer B.S. Petroleum Engineering graduates continues.

 

PRODUCTION/OPERATIONS ENGINEER BASE SALARY 

ANNUAL CASH BONUS 

OVERALL AVERAGE 

$160,385 

26% of base salary 

 

EXPERIENCE DATA 

0-3 Years’ Experience 

$112,415 

20% 

4-7 Years’ Experience 

$136,202 

23% 

8-14 Years’ Experience 

$173,950 

26% 

15-30 Years’ Experience 

$185,508 

27% 

31+ Years’ Experience 

$193,665 

26% 

 

REGIONAL DATA 

Dallas/Fort Worth Metro 

$169,305 

22% 

Denver/Rockies 

$161,052 

20% 

Houston Metro 

$173,688 

26% 

Mid-Continent 

$159,025 

22% 

Midland 

$173,404 

30% 

 

ADDITIONAL COMPENSATION 

STOCK / EQUITY 

57% participate in a company stock program 

BONUS 

83% receive an annual cash bonus 

PAID TIME OFF 

Average 3.5 weeks