Average Reservoir Engineer Salary in Buenaventura, Colombia for 2026

In this article, we will look at the average Reservoir Engineer salary for 2026 in Buenaventura and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Colombian peso. To keep things simple, we are using the COP currency code instead of the currency symbol $.

How Much Does a Reservoir Engineer Make in Buenaventura?

A Reservoir Engineer working in Buenaventura will typically earn around 44,280,500 COP per year, and this can range from the lowest average salary of about 23,878,400 COP to the highest average salary of 66,841,000 COP.

Average Annual Salary44,280,500 COP
Average Monthly Salary3,690,041 COP
Average Lowest Salary23,878,400 COP
Lowest Monthly Salary1,989,866 COP
Average Highest Salary66,841,000 COP
Highest Monthly Salary5,570,083 COP

These are average salaries for a Reservoir Engineer in Buenaventura and include benefits such as housing and transport. It's also possible for a Reservoir Engineer to earn more or less than the average salaries shown above.

Reservoir Engineer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Reservoir Engineer Salaries in Buenaventura

So we've looked at the average salaries a Reservoir Engineer will earn in Buenaventura. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Reservoir Engineer can earn between 23,878,400 COP and 66,841,000 COP on average in Buenaventura. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Reservoir Engineer in Buenaventura is 40,679,700 COP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 40,679,700 COP, and 50% of the population earn more than 40,679,700 COP.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Reservoir Engineer salary in Buenaventura, 25% of the population are earning less than 29,041,200 COP while 75% of the population earn more than 29,041,200 COP.

75% of the population earn less than 49,438,400 COP, and 25% of the population earn more than 49,438,400 COP.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Reservoir Engineer Salary by Experience Level in Buenaventura

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Reservoir Engineer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Reservoir Engineer in Buenaventura that has less than two years of experience can expect to earn somewhere in the region of 27,721,300 COP.
  • 2 - 5 Years Experience. With two to five years of experience the average Reservoir Engineer salary would increase to 35,039,300 COP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Reservoir Engineer, the average salary would be 46,199,800 COP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 54,358,300 COP.
  • 15 - 20 Years Experience. A Reservoir Engineer with 15 to 20 years of experience can earn an average of 60,119,800 COP.
  • 20+ Years Experience. For a Reservoir Engineer with more than 20 years, the expected average salary increases to 63,959,400 COP.

Average Salary by Experience Chart

0-2 Years-
27,721,300 COP
2-5 Years+26%
35,039,300 COP
5-10 Years+32%
46,199,800 COP
10-15 Years+18%
54,358,300 COP
15-20 Years+11%
60,119,800 COP
20+ Years+6%
63,959,400 COP

Reservoir Engineer Salary by Education Level in Buenaventura

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Reservoir Engineer in Buenaventura based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Reservoir Engineer in Buenaventura with a bachelor's degree education can earn an average salary of 35,878,200 COP.
  • Master's Degree. A Reservoir Engineer in Buenaventura with a master's degree education can earn an average salary of 54,719,600 COP.

Average Salary by Education Chart

Bachelor's Degree-
35,878,200 COP
Master's Degree+53%
54,719,600 COP

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Colombia is around 23,500,000 to 70,400,000 COP and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Reservoir Engineer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Buenaventura, a male reservoir engineer will earn an average of 52,918,800 COP, while a female reservoir engineer will earn around 47,280,300 COP.

This means that a male reservoir engineer earns approximately 12% more than a female reservoir engineer for performing the same job.

Average Salary by Gender Chart in Buenaventura

Male-
52,918,800 COP
Female-12%
47,280,300 COP

Reservoir Engineer Average Pay Raise in Buenaventura

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Reservoir Engineer in Buenaventura is around 10% every 18 months.

The national average pay raise across all professions and industries in Colombia is around 7% every 19 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 18 ) × 12  = 7%

What this means is that a Reservoir Engineer in Buenaventura can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Buenaventura for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Colombia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
2%
Energy-
4%
Information Technology-
6%
Healthcare-
8%
Travel-
1%
Construction-
3%
Education-
5%

Reservoir Engineer Bonus and Incentive Rates in Buenaventura

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Reservoir Engineer is a low bonus based job, with 30% of employees reporting at least one bonus in the last 12 months.

70% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus-
30%
No Bonus-
70%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Colombia earn approximately 11% more than private sector employees in the same role.

Public Sector-
58,559,300 COP
Private Sector-11%
52,800,100 COP

Salaries for Jobs Similar to a Reservoir Engineer

In the table below, we have salary information for jobs that are similar to a Reservoir Engineer in Buenaventura.

Job TitleCategorySalary
Assistant Yard ManagerOil / Gas / Energy / Mining49,801,000 COP
Associate AnalystOil / Gas / Energy / Mining55,201,700 COP
Associate LandmanOil / Gas / Energy / Mining23,159,200 COP
Auxiliary Equipment OperatorOil / Gas / Energy / Mining22,081,800 COP
Biomass Plant TechnicianOil / Gas / Energy / Mining26,158,200 COP
Biomass Power Plant ManagerOil / Gas / Energy / Mining71,039,200 COP
Chemical Plant OperatorOil / Gas / Energy / Mining43,198,900 COP
Chief Contract Compliance EngineerOil / Gas / Energy / Mining51,841,000 COP
Completions EngineerOil / Gas / Energy / Mining50,281,100 COP
Cost ControllerOil / Gas / Energy / Mining36,480,500 COP
Cost EngineerOil / Gas / Energy / Mining51,598,300 COP
Crude Oil Marketing RepresentativeOil / Gas / Energy / Mining57,841,700 COP
DispatcherOil / Gas / Energy / Mining21,841,900 COP
Distribution ManagerOil / Gas / Energy / Mining69,359,500 COP
Dragline OperatorOil / Gas / Energy / Mining25,200,800 COP
Driller OffsiderOil / Gas / Energy / Mining18,598,500 COP
Dump Truck DriverOil / Gas / Energy / Mining21,121,400 COP
Electric and Gas Operations ManagerOil / Gas / Energy / Mining118,198,900 COP
Energy AdvisorOil / Gas / Energy / Mining75,598,300 COP
Energy AnalystOil / Gas / Energy / Mining71,878,800 COP
Energy AuditorOil / Gas / Energy / Mining66,359,800 COP
Energy Dispatch DirectorOil / Gas / Energy / Mining84,358,700 COP
Energy Technical AssistantOil / Gas / Energy / Mining30,961,800 COP
Energy Technical ManagerOil / Gas / Energy / Mining63,360,300 COP
Energy Technical Support ManagerOil / Gas / Energy / Mining65,161,000 COP
Energy Technical TrainerOil / Gas / Energy / Mining43,680,700 COP
Engineering GeologistOil / Gas / Energy / Mining92,641,100 COP
Exploration ManagerOil / Gas / Energy / Mining89,760,900 COP
Field Safety AuditorOil / Gas / Energy / Mining60,841,800 COP
Fluids EngineerOil / Gas / Energy / Mining48,360,600 COP
Fuel Cell EngineerOil / Gas / Energy / Mining56,760,200 COP
Fuel Cell TechnicianOil / Gas / Energy / Mining25,679,100 COP
Fuels HandlerOil / Gas / Energy / Mining25,079,200 COP
Gas Compressor OperatorOil / Gas / Energy / Mining21,961,700 COP
Gas Distribution Plant OperatorOil / Gas / Energy / Mining42,719,800 COP
Gas Supply ManagerOil / Gas / Energy / Mining77,519,100 COP
GeologistOil / Gas / Energy / Mining96,118,100 COP
GeophysicistOil / Gas / Energy / Mining97,081,600 COP
Geothermal Production ManagerOil / Gas / Energy / Mining86,398,400 COP
Geothermal TechnicianOil / Gas / Energy / Mining37,078,800 COP
HSE EngineerOil / Gas / Energy / Mining53,158,700 COP
HSE OfficerOil / Gas / Energy / Mining30,721,900 COP
HSE SupervisorOil / Gas / Energy / Mining38,399,900 COP
HSEQ AdministratorOil / Gas / Energy / Mining35,758,400 COP
InspectorOil / Gas / Energy / Mining47,401,700 COP
InstructorOil / Gas / Energy / Mining43,321,300 COP
Instrument DesignerOil / Gas / Energy / Mining41,520,800 COP
Lead Technical Field AdvisorOil / Gas / Energy / Mining68,158,300 COP
Logistics and Tool CoordinatorOil / Gas / Energy / Mining46,680,900 COP
Maintenance EngineerOil / Gas / Energy / Mining51,238,900 COP
Maintenance SuperintendentOil / Gas / Energy / Mining46,800,400 COP
Material ControllerOil / Gas / Energy / Mining34,319,800 COP
Mine EngineerOil / Gas / Energy / Mining49,079,800 COP
Mine SurveyorOil / Gas / Energy / Mining55,801,900 COP
Mining Project AdministratorOil / Gas / Energy / Mining44,998,200 COP
Mining Project AssistantOil / Gas / Energy / Mining37,318,700 COP
Mining Project Controls ConsultantOil / Gas / Energy / Mining55,921,200 COP
Mining Project CoordinatorOil / Gas / Energy / Mining43,559,400 COP
Mining Project EngineerOil / Gas / Energy / Mining52,078,500 COP
Mining Project ManagerOil / Gas / Energy / Mining65,161,000 COP
Mining Site ManagerOil / Gas / Energy / Mining66,841,000 COP
Mining Team LeaderOil / Gas / Energy / Mining56,520,500 COP
NDT TechnicianOil / Gas / Energy / Mining32,280,500 COP
Oil Service Unit OperatorOil / Gas / Energy / Mining27,479,000 COP
Oil TraderOil / Gas / Energy / Mining69,599,200 COP
Oilwell PumperOil / Gas / Energy / Mining19,921,600 COP
Petroleum Engineer Oil / Gas / Energy / Mining58,559,300 COP
Petroleum GeologistOil / Gas / Energy / Mining90,599,800 COP
Petroleum Pump System OperatorOil / Gas / Energy / Mining28,560,900 COP
Petroleum TechnicianOil / Gas / Energy / Mining30,600,900 COP
Pipeline TechnicianOil / Gas / Energy / Mining20,281,100 COP
Power CoordinatorOil / Gas / Energy / Mining32,879,500 COP
Power Plant Operations ManagerOil / Gas / Energy / Mining98,281,900 COP
Power Plant OperatorOil / Gas / Energy / Mining42,119,100 COP
Radio OperatorOil / Gas / Energy / Mining22,321,900 COP
Reliability EngineerOil / Gas / Energy / Mining52,558,300 COP
Risk AnalystOil / Gas / Energy / Mining61,561,100 COP
RoughneckOil / Gas / Energy / Mining50,639,500 COP
ScaffolderOil / Gas / Energy / Mining32,519,500 COP
Shutdown EngineerOil / Gas / Energy / Mining44,878,500 COP
Solar Energy Installation ManagerOil / Gas / Energy / Mining73,198,300 COP
Solar Energy Systems EngineerOil / Gas / Energy / Mining54,000,800 COP
Solar Photovoltaic InstallerOil / Gas / Energy / Mining32,398,700 COP
Solar Thermal TechnicianOil / Gas / Energy / Mining32,280,500 COP
Supply Operations ManagerOil / Gas / Energy / Mining87,481,900 COP
Sustainability SpecialistOil / Gas / Energy / Mining79,679,400 COP
System Development AdvisorOil / Gas / Energy / Mining61,678,300 COP
Tanker Truck DriverOil / Gas / Energy / Mining20,878,800 COP
Utility OperatorOil / Gas / Energy / Mining28,439,500 COP
Wind Energy Project ManagerOil / Gas / Energy / Mining68,158,300 COP

Salary Comparison by City

If you want to compare salaries with different cities in Colombia, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Barranquilla48,841,700 COP
Bello48,360,600 COP
Bogota54,719,600 COP
Bucaramanga46,319,900 COP
Cartagena51,841,000 COP
Cucuta49,801,000 COP
Ibague47,401,700 COP
Manizales46,080,100 COP
Medellin52,558,300 COP
Monteria45,961,300 COP
Neiva42,601,100 COP
Pereira47,158,400 COP
Santa Marta47,158,400 COP
Soacha50,639,500 COP
Soledad49,919,200 COP
Valledupar45,239,100 COP
Villavicencio46,438,700 COP

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