Petroleum Engineer Salary in New Mexico
Based on 260+ workers in New Mexico
Data year: 2025 · Last updated: October 2026
Median Annual Salary (NM)
$99,900
$48.03/hr
vs National Average
$133,391
-25.1% vs national median
Salary Range (10th–90th)
$76K – $152K
260 employed in New Mexico
Salary Distribution — Petroleum Engineer in New Mexico
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $76,140 |
| 25th percentile | $93,200 |
| Median (50th percentile) | $99,900 |
| 75th percentile | $127,490 |
| 90th percentile | $151,750 |
Top-Paying Industries for Petroleum Engineer (U.S.)
Which industries pay Petroleum Engineers the most — nationwide figures (industry-level data is not available by state). Petroleum Engineers in New Mexico tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Finance and Insurance | $217,210 | 60 |
| Management of Companies and Enterprises | $171,710 | 2K |
| Mining, Quarrying, and Oil and Gas Extraction | $166,450 | 9K |
| Manufacturing | $165,030 | 1K |
| Wholesale Trade | $147,230 | — |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Petroleum Engineer in New Mexico vs National
| Year | Median Salary (New Mexico) |
|---|---|
| 2022 | $126,200 |
| 2023 | $128,070 |
| 2024 | $118,010 |
| 2025 | $99,900 |
| 2026 (projected) | $99,900 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Mexico Median | National Median |
|---|---|---|
| 2022 | $126,200 | $115,352 |
| 2023 | $128,070 | $127,162 |
| 2024 | $118,010 | $131,270 |
| 2025 | $99,900 | $133,391 |
| 2026 (projected) | $99,900 | $133,391 |
Petroleum Engineer Salary by Experience Level in New Mexico
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $93,200 |
| Mid-level | 3-5 yrs | $99,900 |
| Senior | 6-9 yrs | $127,490 |
| Staff / Lead | 10+ yrs | $151,750 |
Petroleum Engineer Salary in Other States
Related Petroleum Engineer Salaries in New Mexico
How other high-demand occupations in New Mexico compare to Petroleum Engineer ($99,900 median).
| Occupation | Median Salary | vs Petroleum Engineer | Hourly |
|---|---|---|---|
| Engineering Manager in NM | $215,120 | +115.3% | $103.42/hr |
| Materials Engineer in NM | $165,600 | +65.8% | $79.62/hr |
| Nuclear Engineer in NM | $164,300 | +64.5% | $78.99/hr |
| Electrical Engineer in NM | $158,520 | +58.7% | $76.21/hr |
| Chemical Engineer in NM | $158,190 | +58.3% | $76.05/hr |
| Mechanical Engineer in NM | $157,710 | +57.9% | $75.82/hr |
| Aerospace Engineer in NM | $132,850 | +33.0% | $63.87/hr |
| Industrial Engineer in NM | $128,090 | +28.2% | $61.58/hr |
| Environmental Engineer in NM | $108,360 | +8.5% | $52.10/hr |
| Civil Engineer in NM | $103,900 | +4.0% | $49.95/hr |
| Occupational Therapist in NM | $99,170 | -0.7% | $47.68/hr |
| Speech-Language Pathologist in NM | $98,690 | -1.2% | $47.45/hr |