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Petroleum Engineering Salary in India 2024

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Chetna Verma

Updated on 09th December, 2024 , 6 min read

Petroleum Engineering Salary in India

Petrochemical engineering is a branch of engineering that deals with geophysics, chemical engineering, petroleum manufacturing, oil extraction, etc. 

  • For freshers with a B Tech in Petroleum Engineering, the starting salary typically ranges from INR 3 LPA to 6 LPA per year. 
  • As professionals gain experience, salaries increase significantly, with mid-level engineers (3-5 years) earning between INR 6 LPA to 12 LPA,
  • Those with 5-10 years of experience earning anywhere from INR 10 LPA to 25 LPA
  • Senior professionals with over 10 years of experience can command salaries ranging from INR 20 LPA to 50 LPA, especially in high-demand sectors like oil and gas. 

Also read - Electrical Engineering Salary 2024: Location, Factors, Average Salary

In addition, engineers working in Gulf countries can earn much higher salaries, with experienced professionals earning between INR 30 LPA to 60 LPA or more. The overall salary for Petroleum Engineers in India averages around INR 5 LPA to 12 LPA, and the typical monthly salary for a petroleum engineer ranges from INR 40,000 to 1,00,000. The petroleum engineering salary breakup is given below:

Experience LevelSalary Range (Per Year)
Freshers (0–2 years)INR 3 LPA to 6 LPA
Mid-Level (3–5 years)INR 6 LPA to 12 LPA
Experienced (5–10 years)INR 10 LPA to 25 LPA
Senior-Level (10+ years)INR 20 LPA to 50 LPA

Petroleum-Engineering-Salary-in-India

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Petroleum Engineering Salary in India: Experience-wise

According to the person's growing level of experience, the remuneration keeps increasing. An experienced engineer receives better benefits and income. A person's move from one job to another is facilitated by their work experience. When hiring workers for their organization in today's competitive market, recruiting firms place greater value on work experience than on academic credentials or bookish knowledge.

Here is a breakdown of petroleum engineering salary in India based on experience:

Years of Experience

Average Petroleum Engineering Salary in India

0-2 Years5,00,000- 6,50,000
2-5 Years7,00,000- 8,50,000
5-10 Years9,00,000- 12,00,000
10-15 Years13,00,000- 14,50,000
15 Years and above15,00,000- 50,00,000

Petroleum-Engineering-Salary-in-India

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Petroleum Engineering Salary in India: Qualification-wise

Petroleum engineering is a subject that can be studied at the undergraduate and graduate levels. The petroleum engineering salary is also influenced by the qualifications of an applicant.

Qualifications

Average Petroleum Engineering Salary in India

Diploma DegreeINR. 3,00,000- 6,00,000
Undergraduate DegreeINR. 6,99,027- 8,00,000
Postgraduate DegreeINR. 7,50,000- 10,00,000

Petroleum-Engineering-Salary-in-India

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Petroleum Engineering Salary in India: Skills-wise

Another factor that highly influence the petroleum engineering salary in India is skills. Employers and recruiters, these days value skills over bookish knowledge.

Here is a breakdown of petroleum engineering salary in India based on skill acquisition:

Skills

Average Petroleum Engineering Salary in India

Well Production EngineeringINR 1,024,085
Reservoir EngineeringINR 6,40,000
Microsoft ExcelINR 6,00,000
Drilling EngineeringINR 8,24,242
Engineering DesignINR 11,33,500

Petroleum-Engineering-Salary-in-India

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Petroleum Engineering Salary in India: Company-wise

Different companies pay the petroleum engineers differently. Company size, company pay scale, location and other such factors determine the amount of salary offered to the petroleum engineers.

Here is a breakdown of petroleum engineering salary in India as per companies:

Company Name

Experience

Average Petroleum Engineering Salary in India

BVISHAL Oil & Energy1-4 yearsINR 5.1 L
Cairn Energy3-8 yearsINR 17.6 L
John Energy2-5 yearsINR 2.9 L
Weatherford3-10 yearsINR 6.7 L
Oil And Natural Gas Corporation2-9 yearsINR 11-4 L
Techno Canada4-9 yearsINR 4.9 L
Quest Global0-4 yearsINR 6.3 L

Petroleum-Engineering-Salary-in-India

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Petroleum Engineering Salary in India: High Paying Cities

Location also matters when it comes to salary of a any job profile. Petroleum engineering salaries vary as per the location of the company. Given below are some of the highest-paying cities that offer good salary packages to individuals. 

Name of the City

Average Petroleum Engineering Salary in India

PuneINR 7,86,108
BangaloreINR 25,55,556
New DelhiINR 5,50,000
ChennaiINR 5,12,043
MumbaiINR 8,50,000
KolkataINR 10,06,868
HyderabadINR 20,00,000
AhmedabadINR 8,98,000

Petroleum-Engineering-Salary-in-India

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What Do Petroleum Engineers Do?

Petroleum engineers plan and direct the processes for extracting oil and natural gas from various depths below the surface of the earth. Oil firms employ the majority of petroleum engineers. Others are employed by colleges or research institutions.

Some of these engineers are field workers who assist prospecting teams in recommending drilling locations depending on the expense, difficulty, and practicality of recovering the product from the location where it is identified. These engineers will examine the drilling samples after choosing a location to determine the safest way to extract the oil or gas. Oil may occasionally be under pressure and rise to the surface on its own, defying the engineer's efforts. In other situations, it will be necessary to pump the oil to the surface.

Designing the drilling, pumping, prospecting, and storage machinery is another responsibility of petroleum engineers. These persons frequently hold jobs at research and development centres, as well as at colleges, universities, and technical schools.

At drilling locations, other petroleum engineers are employed. These engineers are in charge of setting up and running oil derricks, underground drills, and other necessary machinery. When the well is operational, they will start looking for ways to increase oil and gas production. If necessary, they will create new instruments, tweak existing ones, or provide technical guidance to assist the economy advance satisfactorily. In this area of their profession, engineers typically work outside a lot. They might even operate specialised drilling ships or offshore drilling platforms.

Oil pipelines are built, maintained, and designed by petroleum engineers. The oil storage facilities they work for may also hire them.

Skills Required to Become a Petroleum Engineer

The setting in which a petroleum engineer works is:

  • For effective production and results, they must cooperate with employees, structural engineers, technicians, and clients.
  • They must do their duties at various oil reservoir rigs. From one reservoir site to the next, they move continuously.
  • Such engineers typically work in the gas and oil extraction industry in large numbers.

In order to carry out this work, people must possess the following skills:

Thermodynamics of ReservoirsDrilling and Exploration
Geology of PetroleumGeomechanics
Engineering control and ManagementReservoir Design
Strength of MaterialsMachine and Equipment
TransportationProduction Engineering
Oil and Gas Processing System DesignProduction Engineering
Pipeline Design EngineeringDeep-Sea Production Engineering
Reasoning, Analytical and Problem-Solving SkillsTrending Technologies
Certification in Petrochemical EngineeringCertification in Applied Petroleum Engineering
Certification in Petroleum Reservoir and Production EngineeringCertification in Refinery Engineering
Certification in Petroleum ExplorationCertification in Petroleum Refining and Petrochemical Engineering
Critical thinking skillsPresentation skills
Communication SkillsListening Skills
Leadership skillsAbility to solve problems easily
TeamworkAbility to work under pressure
Industry skillsStrong analytical and mathematical skills

Scope of Petroleum Engineering

  • Engineers in the petroleum industry can find employment with several oil and gas businesses. They are also present in other nations, such as the United States, where graduates with a degree in petroleum engineering can begin their careers as university professors or teachers.
  • Petroleum engineers might also find employment in the government sector.
  • Countless and numerous projections have been made regarding the future of energy in the world, and both the government and industry frequently update these predictions. However, we must first recognize that the various forms of energy that the world consumes are constantly and quickly changing.
  • Second, since people's standard of living is anticipated to rise and improve in developing nations, there will likely be a 7.5 to 9.0 billion increase in the global population, which will result in a rapid rise in per capita energy demand.
  • Constant projections show the proportions of natural gas and oil in the energy mix dropping from the 50s in 2020 to the 40s in 2040, and possibly increasing even more.

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Frequently Asked Questions

What is a petroleum engineer salary in India?

The average petroleum engineer salary in India is 4.8 LPA. As compared to mid-career petroleum engineer who earns anywhere between 7-12 LPA, an experienced Petroleum Engineer with 10-20 years of experience gets an average salary of 13-50 LPA.

Are petroleum engineers highly paid?

In oil and gas firms, a Petroleum Engineer can make up to 85.4 Lakhs per year or 7.1 Lakhs per month.

What is the monthly income of a petroleum engineer?

In India, the average petroleum engineering salary in India per month is INR 41,771.

Is petroleum engineering a good career in India?

Both domestically and internationally, a job in petroleum engineering with a B. Tech is appealing. Petroleum engineers look for and analyse natural oil sources. A petroleum engineer’s profession includes creating the newest methods and equipment for use in the extraction and processing of oil.

Is petroleum engineering hard?

It is perhaps a little harder than typical engineering courses in terms of difficulty. It earns around $15,000 extra per year to begin with and is the most sought-after engineer by large corporations. Thus, the competition is fierce.

Is petroleum engineering good for future?

Petroleum engineers are projected to be in high demand in the upcoming years as the world’s reliance on oil and gas resources grows. This indicates that there will be many job possibilities in the near future for talented petroleum engineers.

What are the 5 main responsibilities of a petroleum engineer?

Responsibilities of petroleum engineers include: Create a plan to extract gas and oil. Utilize and keep up fracturing and drilling equipment. Control drilling and extraction operations. Look for innovative techniques and locations for oil and gas extraction. Investigate how reservoirs and rocks are formed.

What is petrochemical engineering salary?

The average annual salary for a diploma in petrochemical engineering in India is between 2.2 and 2.8 lakh rupees.

What are the eligibility criteria to become a petroleum engineer?

The basic eligibility criteria for this course are that the applicant must have passed a 10+2 or 10+2+3 degree with science as the mainstream with at least 50% marks for any recognized university or college. Candidates from SC/ ST/ OBC categories are eligible for admission only if they obtain minimum passing marks. Those students who are appearing in the supplementary examination will not be eligible to opt for this course.

What is the experience wise salary of a petroleum engineer?

Years of Experience Average Petroleum Engineering Salary in India 0-2 Years 5,00,000- 6,50,000 2-5 Years 7,00,000- 8,50,000 5-10 Years 9,00,000- 12,00,000 10-15 Years 13,00,000- 14,50,000 15 Years and above 15,00,000- 50,00,000

What is the petroleum engineer salary for female employees?

The female petroleum engineers salary is INR 4.9 LPA.

What is the petroleum engineering salary in abroad?

The petroleum engineering salary in abroad ranges between INR 1,00,000 - 3,00,000 PA.

What is the fresher salary after petroleum engineering?

The petroleum engineering salary in India for freshers is INR 4.3 LPA.

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