Petroleum Engineer Salary: In India, Per Month, For Freshers, In IIT, In ONGC, Highest Salary, Company Wise Salary, Experience Wise Salary

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Ahana Bhaduri

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Petroleum Engineers assist in locating oil and gas for the country's energy requirements. Petroleum Engineers create and develop processes for removing oil and gas from reserves beneath the surface of the earth. Moreover, they also develop fresh techniques for drawing gas and oil from old wells. The average salary of a Petroleum Engineer in India is INR 4.30 LPA. The sections below will discuss in detail the various factors that determine the salary of a Petroleum Engineer. 

To become a Petroleum Engineer, aspiring candidates must pursue undergraduate and postgraduate degrees in Petroleum Engineering such as BTech Petroleum Engineering and Mtech Petroleum Engineering. Candidates can also choose to pursue a Diploma degree as well in order to become a Petroleum Engineer. Admissions to these courses are usually done on the basis of Engineering Entrance Exams such as JEE Advanced, JEE Main, GATE and BITSAT

Petroleum Engineer Salary in India

As discussed, the average salary of a Petroleum Engineer is INR 4.10 LPA and the monthly salary of a Petroleum Engineer ranges from INR 31,941 - INR 33,226. The highest salary of a Petroleum Engineer is INR 20.40 LPA while the starting salary of a Petroleum Engineer with less than 3 years of experience in India is INR 4.40 LPA.

Some of the top recruiters that hire fresher and more experienced Petroleum Engineers in India are ONGC, Bharat Petroleum, Indian Oil Corporation and Weatherford.

Petroleum Engineer Salary: Experience Wise

Candidates who have prior experience in the field are paid comparatively more than their peers who are freshers. The experience-wise salary of a Petroleum Engineer is tabulated below for your reference. 

Years of Experience Average Annual Salary (INR)
0 - 5 years 5.45 L
6 - 10 years 9.80 L
11 - 15 years 12.43 L
16 - 20 years 17 L
20 years and above 22.60 L

Petroleum Engineer Salary: Designation Wise

The salary structure of a Petroleum Engineer varies across the positions and designations that they work for. Lower designations specifically the fresher positions usually fall under a less salary bracket as compared to experience and senior designations. 

Tabulated below is the average salary of a Petroleum Engineer across various designations. 

Designations Average Annual Salary (INR)
Project Engineer 4.30 L
Process Engineer 4.30 L
Production Engineer 5.10 L
Service Engineer 5.33 L
Site Engineer 6 L

Petroleum Engineer Salary: Skill Wise

To become an experienced, skilled and professional Petroleum Engineer, one must inculcate certain skills related to the profession. Degrees might provide theoretical knowledge about the subject but an on the job experience and updated skills would eventually add on as pro points that would help a Petroleum Engineer outgrow their expertise. 

Tabulated below is the skill-wise salary of a Petroleum Engineer. 

Skill Sets Average Annual Salary (INR)
Onshore 4.50 L
Petrochemical 5.11 L
Production 7.83 L
Gas 9.80 L
Refinery 9.80 L
Drilling 10.90 L

Petroleum Engineer Salary: Company Wise

India is home to several companies who hire fresher as well as experienced Petroleum Engineers. Tabulated below are the top companies along with their average salary package for your reference. 

Name of the Companies Average Annual Salaries (INR)
ONGC 8.60 L
Bharat Petroleum 11.66 L
Indian Oil Corporation 8.60 L
Cairn Energy 7.13 L
Weatherford 10 L

Petroleum Engineer Salary: City Wise

The salary of an Petroleum Engineer is also dependant on the city or the place that one is residing in. Petroleum Engineers residing in top metro cities are paid comparatively more than Petroleum Engineers who residing along the suburbs. The cost of living and daily expenditure are the parameters that are judged while deciding the salary of an Petroleum Engineer. 

Tabulated below is the salary of an Petroleum Engineer across various cities. 

Cities Average Annual Salary (INR)
Mumbai 11.17 L
Pune 11 L
Gurgaon 10.09 L
Noida 9 L
Bengaluru 8.34 L
Kolkata 5.13 L

Petroleum Engineer Salary: FAQs

Ques. Is Petroleum Engineering a high paying job?

Ans. A Petroleum Engineer can get a maximum salary of INR 20.3 LPA, which amounts to INR 1.7 Lakhs each month. An entry Level Petroleum Engineer makes an average income of INR 4.7 LPA with less than three years of experience.

Ques. What is the salary of a Petroleum Engineer in IIT?

Ans. The average salary of a Petroleum Engineer with 8 - 10 years of experience ranges from INR 11.10 LPA - 31.10 LPA. 

Ques. What is the highest salary of a Petroleum Engineer?

Ans. The highest salary of a Petroleum Engineer recorded is INR 20.10 LPA.

Ques. Is Petroleum Engineering in demand?

Ans. As per a report by the IBEF, there has been an increase of 8% in demand of Petroleum Engineers in India. 

Ques. What is the starting salary of a Petroleum Engineer in India?

Ans. The average starting salary of a Petroleum Engineer in India ranges from INR 2.40 LPA - 3.50 LPA.

Ques. What are the top paying Petroleum Engineering companies in India?

Ans. The list of top-paying Petroleum Engineering companies in India are listed below,

  • Cairn Energy
  • Weatherford
  • ONGC
  • Bharat Petroleum
  • BVishal Oil and Energy

Ques. What are the top paying cities for Petroleum Engineers?

Ans. The top paying cities for Petroleum Engineers are as follows,

  • New Delhi
  • Mumbai
  • Ahmedabad
  • Hyderabad
  • Chennai

Bachelor of Technology [B.Tech] (Petroleum Engineering) : 3 answered questions

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Ques. How are placements in PDPU and what is the average placement salary for petroleum engineering?

● Top Answer By Avni Vyas on 19 Jan 22

Ans. Placements at PDPU are really good, as a lot of reputed companies take part in their placement program. They offer proper industrial exposure through internships and industry visits. Petroleum Engineering and Technology students usually receive the highest salary package compared to other branches. Once, ONGC had recruited around 15–20 Petroleum Engineers with a package of around 14–15 LPA. If you compare the average salary package, Petroleum engineers get a package of around 5–6 LPA. Categories Petroleum Engineering at PDPU Course Fee INR 9.73 lakh Placement Percentage 80% Highest CTC 16 LPA Average CTC 8 LPA Recruiting Companies ONGC, Schlumberger, Shell, Reliance, etc. If you have good knowledge and fluent communication skills, combined with a perfect academic performance then you will definitely get placed in one of the reputed companies with appropriate salary packages.Read more
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Ques. How is the B.Tech in Petroleum Engineering programme at LPU?

● Top Answer By Admin on 17 May 24

Ans. Lovely Professional University does not offer a B.Tech in Petroleum Engineering.  But you can opt for B.Tech Chemical Engineering at LPU. Petroleum Engineering is a subset of Chemical Engineering. Chemical Engineering deals with the use of Chemistry to create novel compounds, food, fuel, and medications. A Chemical Engineer can work in the Petroleum Industry as well.  Both Government and Private sectors have openings for Chemical Engineers. As a Chemical Engineer, you can work in various sectors like- Process Design for Fire and Explosives, Food Industry, Pharmaceutical Industry, Thermo-Fluids, and more. The Chemical Engineering faculty and curriculum are both good at LPU. Thus, I would suggest you consider B.Tech Chemical Engineering at LPU. Read more
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Ques. oes LPU offer BTech Petroleum course?

● Top Answer By Admin on 16 May 24

Ans. No, LPU does not offer any courses in petroleum engineering. However, you can consider a BTech chemical engineering course as a viable alternative. You will learn about converting raw materials into useful products of value. A broad spectrum of topics are covered in this course that are important in petroleum refining and processing.  Additionally, you can also opt for elective courses in the areas of petroleum engineering. The course will provide you with a strong foundation to pursue a career in petroleum engineering. LPU’s strong placement record and brand value ensure that you will get job opportunities at top petrochemical companies. Read more
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Bachelor of Technology [B.Tech] (Petroleum Engineering) Colleges IN INDIA

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Amity University
Noida, Uttar Pradesh
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Parul University
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NIMS University
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