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A Complete Information on Petroleum Engineer Salary in Canada 2024- 2025 

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Petroleum Engineer Salary in Canada

Petroleum engineering is a demanding yet rewarding career that requires the exploration, development, and production of oil and gas resources. Canada, with its vast reserves, has long been a hub for petroleum engineering professionals. This industry offers you a competitive salary with ample job opportunities for career growth. In this complete article, we will help you to understand the details of the Petroleum Engineer Salary in Canada, providing insight into average earning potential with different factors that influence your salary range. 

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How Much Does a Petroleum Engineer Can Earn in Canada? 

Petroleum engineers in Canada enjoy a lucrative salary. With an average annual income of CAD 128,400, they rank among the highest-paid professionals. However, salaries can vary significantly based on factors like experience, location, and employer. While the lowest-paid petroleum engineers earn around CAD 66,700 annually, the highest earners can command salaries as high as CAD 200,600 per year. This wide range reflects the diverse nature of the petroleum industry and the varying levels of expertise required for different roles.

To know more about the Average Salary in Canada & Top Job Opportunities click here 

Petroleum Engineer Salary in Canada Based On Experience Level 

Petroleum engineering is a lucrative field in Canada, especially given the country’s significant oil and gas reserves. The average salary for a petroleum engineer in Canada varies depending on factors such as experience level, location, and specific employer.

Here’s a general breakdown of petroleum engineer salaries in Canada based on experience level:

Experience Level Average Per Year Salary 
0 – 2 YearsCAD 72,400 
2 – 5 YearsCAD  97,400 
5 – 10 YearsCAD 137,100
10 – 15 YearsCAD 164,100
15 – 20 YearsCAD 175,100
20+ YearsCAD 190,400 

Petroleum Engineer Salary in Canada Based On Education Level 

The level of education for a petroleum engineer is also one of the major reasons for their salary variation. Here’s a breakdown of petroleum engineer salaries based on education level:

Education Level Average Per Year Salary 
Bachelor’s DegreeCAD 92,200 
Master’s DegreeCAD 161,300 

Here you can Explore The Highest Paid Part-Time Jobs in Canada for International Students 

Petroleum Engineer Salary in Canada Based On Organisation 

The organization a petroleum engineer works for can significantly influence their salary. Larger,  and more established companies pay a high compensation to petroleum engineers in Canada.

Here’s a general breakdown of petroleum engineer salaries based on organization type:

OrganisationAverage Per Year Salary 
ChevronCAD 125,698
Husky EnergyCAD 128,500
Canadian NaturalCAD 97,270
OvintivCAD 156,833
CNOOCCAD 88,333
SuncorCAD 120,000
Government of ManitobaCAD 140,000
Government of SaskatchewanCAD 120,000
ExxonMobilCAD 100,000
Crescent Point EnergyCAD 84,000
Imperial OilCAD 100,000
CenovusCAD 200,000
Petro-CanadaCAD 86,000
EtobicokeCAD 98,000

Petroleum Engineer Salary in Canada Based On Cities 

The city in which a petroleum engineer works can significantly impact their salary. Cities in Canada with a high number of oil and gas companies, or those located in regions with abundant oil and gas reserves, tend to offer higher salary packages to petroleum engineers in Canada.

Here’s a general breakdown of petroleum engineer salaries based on city:

Cities Average Per Year Salary 
BramptonCAD 118,900 
CalgaryCAD 127,600
EdmontonCAD 134,700 
GatineauCAD 121,800
HalifaxCAD 115,600
HamiltonCAD 123,800
KitchenerCAD 117,100 
MarkhamCAD 117,100 
MississaugaCAD 132,000
MontrealCAD 128,400
OttawaCAD 127,700
QuebecCAD 128,400
ReginaCAD 109,000
RichmondCAD 108,200

Petroleum Engineer Salary in Canada Based On Positions 

The specific position a petroleum engineer in Canada holds within a company can significantly impact their salary range. The higher-level positions typically come with greater responsibilities and higher salary packages.

Here’s a breakdown of petroleum engineer salaries based on position:

Positions Average Per Year Salary 
Engineering ManagerCAD 134,526
Project EngineerCAD 122,871
Design EngineerCAD 122,468
Mechanical EngineerCAD 122,075
DirectorCAD 120,799
Operations ManagerCAD 95,000
Project ManagerCAD 90,000
Field TechnicianCAD 63,386
Production SupervisorCAD 71,388
EngineerCAD 84,906

Here is a list of some Top High Paying Jobs in Canada in 2024

FAQs

Q1: How much are petroleum engineers paid in Canada?

In Canada, the average pay for a petroleum engineer is CAD 181,243 a year, or CAD 92.95 per hour. Entry-level jobs pay CAD 88,930 annually, while the majority of experienced workers can expect to make up to CAD 187,725 annually.

Q2: Is Petroleum Engineering a good career in Canada?

The employment outlook will be good for Petroleum Engineers (NOC 21332) in Ontario for the 2023-2025 period. The following factors contributed to this outlook: Employment growth will lead to several new positions. Not many positions will become available due to retirements.

Q3: Is Canada rich in petroleum?

The Canadian oil sands are among the world’s greatest oil deposits, with estimated reserves of 164 billion barrels. Because of its size, Canada has the third-largest oil reserves in the world, behind Saudi Arabia and Venezuela. An important portion of Canada’s oil production comes from the oil sands.

This is all about the complete Information on Petroleum Engineer Salaries in Canada 2024- 2025. For more such articles on salaries with different professions follow Leverage Edu and our main page Jobs Abroad

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