Average Reservoir Engineer Salary in India for 2024

In this article, we will look at the average Reservoir Engineer salary for 2024 in India 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 Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol โ‚น.

How Much Does a Reservoir Engineer Make in India?

A Reservoir Engineer working in India will typically earn around 322,600 INR per year, and this can range from the lowest average salary of about 163,800 INR to the highest average salary of 499,300 INR.

Average Annual Salary
322,600 INR
Average Monthly Salary
26,883 INR

Lowest Annual Salary
163,800 INR
Lowest Monthly Salary
13,650 INR

Highest Annual Salary
499,300 INR
Highest Monthly Salary
41,608 INR

These are average salaries for a Reservoir Engineer in India 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 India

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

Salary ranges

We already know that a Reservoir Engineer can earn between 163,800 INR and 499,300 INR on average in India. 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 India is 315,900 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 315,900 INR, and 50% of the population earn more than 315,900 INR.

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 India, 25% of the population are earning less than 215,100 INR while 75% of the population earn more than 215,100 INR.

75% of the population earn less than 398,300 INR, and 25% of the population earn more than 398,300 INR.

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 India

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 India that has less than two years of experience can expect to earn somewhere in the region of 185,100 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Reservoir Engineer salary would increase to 239,300 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Reservoir Engineer, the average salary would be 339,100 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 404,600 INR.
  • 15 - 20 Years Experience. A Reservoir Engineer with 15 to 20 years of experience can earn an average of 442,200 INR.
  • 20+ Years Experience. For a Reservoir Engineer with more than 20 years, the expected average salary increases to 478,100 INR.

Average Salary by Experience Chart

0-2 Years
185,100 INR
2-5 Years +31%
239,300 INR
5-10 Years +40%
339,100 INR
10-15 Years +20%
404,600 INR
15-20 Years +9%
442,200 INR
20+ Years +8%
478,100 INR

Reservoir Engineer Salary by Education Level in India

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 India 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 India with a bachelor's degree education can earn an average salary of 227,600 INR.

  • Master's Degree. A Reservoir Engineer in India with a master's degree education can earn an average salary of 406,300 INR.

Average Salary by Education Chart

Bachelor's Degree
227,600 INR
Master's Degree +77%
406,300 INR

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 India is around 160,000 to 479,000 INR 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 India, a male reservoir engineer will earn an average of 352,000 INR, while a female reservoir engineer will earn around 297,000 INR.

This means that a male reservoir engineer earns approximately 19% more than a female reservoir engineer for performing the same job.

Average Salary by Gender Chart in India

Male
352,000 INR
Female -19%
297,000 INR

Reservoir Engineer Average Pay Raise in India

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 India is around 13% every 15 months.

The national average pay raise across all professions and industries in India is around 9% every 16 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 = ( 13 ÷ 15 ) × 12  = 10%

What this means is that a Reservoir Engineer in India can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in India for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Reservoir Engineer Bonus and Incentive Rates in India

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 29% of employees reporting at least one bonus in the last 12 months.

71% 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 1% to 3%.

Received Bonus
29%
No Bonus
71%

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 India earn approximately 6% more than private sector employees in the same role.

Public Sector
392,300 INR
Private Sector -6%
371,100 INR

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 India.

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 335,800 INR
Associate Analyst Oil / Gas / Energy / Mining 381,800 INR
Associate Landman Oil / Gas / Energy / Mining 159,400 INR
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 143,200 INR
Biomass Plant Technician Oil / Gas / Energy / Mining 172,200 INR
Biomass Power Plant Manager Oil / Gas / Energy / Mining 491,000 INR
Chemical Plant Operator Oil / Gas / Energy / Mining 283,700 INR
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 363,000 INR
Completions Engineer Oil / Gas / Energy / Mining 332,500 INR
Cost Controller Oil / Gas / Energy / Mining 252,300 INR
Cost Engineer Oil / Gas / Energy / Mining 341,400 INR
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 376,800 INR
Dispatcher Oil / Gas / Energy / Mining 150,000 INR
Distribution Manager Oil / Gas / Energy / Mining 485,300 INR
Dragline Operator Oil / Gas / Energy / Mining 164,200 INR
Driller Offsider Oil / Gas / Energy / Mining 127,700 INR
Dump Truck Driver Oil / Gas / Energy / Mining 137,400 INR
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 798,900 INR
Energy Advisor Oil / Gas / Energy / Mining 537,300 INR
Energy Analyst Oil / Gas / Energy / Mining 496,100 INR
Energy Auditor Oil / Gas / Energy / Mining 437,300 INR
Energy Dispatch Director Oil / Gas / Energy / Mining 600,000 INR
Energy Technical Assistant Oil / Gas / Energy / Mining 216,800 INR
Energy Technical Manager Oil / Gas / Energy / Mining 428,400 INR
Energy Technical Support Manager Oil / Gas / Energy / Mining 428,400 INR
Energy Technical Trainer Oil / Gas / Energy / Mining 301,600 INR
Engineering Geologist Oil / Gas / Energy / Mining 628,000 INR
Exploration Manager Oil / Gas / Energy / Mining 608,500 INR
Field Safety Auditor Oil / Gas / Energy / Mining 394,300 INR
Fluids Engineer Oil / Gas / Energy / Mining 339,100 INR
Fuel Cell Engineer Oil / Gas / Energy / Mining 369,300 INR
Fuel Cell Technician Oil / Gas / Energy / Mining 176,800 INR
Fuels Handler Oil / Gas / Energy / Mining 161,300 INR
Gas Compressor Operator Oil / Gas / Energy / Mining 152,300 INR
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 283,700 INR
Gas Supply Manager Oil / Gas / Energy / Mining 529,600 INR
Geologist Oil / Gas / Energy / Mining 628,000 INR
Geophysicist Oil / Gas / Energy / Mining 639,100 INR
Geothermal Production Manager Oil / Gas / Energy / Mining 597,800 INR
Geothermal Technician Oil / Gas / Energy / Mining 245,300 INR
HSE Engineer Oil / Gas / Energy / Mining 351,900 INR
HSE Officer Oil / Gas / Energy / Mining 212,500 INR
HSE Supervisor Oil / Gas / Energy / Mining 258,400 INR
HSEQ Administrator Oil / Gas / Energy / Mining 247,800 INR
Inspector Oil / Gas / Energy / Mining 325,600 INR
Instructor Oil / Gas / Energy / Mining 283,700 INR
Instrument Designer Oil / Gas / Energy / Mining 275,200 INR
Lead Technical Field Advisor Oil / Gas / Energy / Mining 454,900 INR
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 301,600 INR
Maintenance Engineer Oil / Gas / Energy / Mining 357,300 INR
Maintenance Superintendent Oil / Gas / Energy / Mining 314,500 INR
Material Controller Oil / Gas / Energy / Mining 233,600 INR
Mine Engineer Oil / Gas / Energy / Mining 339,100 INR
Mine Surveyor Oil / Gas / Energy / Mining 384,500 INR
Mining Project Administrator Oil / Gas / Energy / Mining 309,800 INR
Mining Project Assistant Oil / Gas / Energy / Mining 245,300 INR
Mining Project Controls Consultant Oil / Gas / Energy / Mining 386,400 INR
Mining Project Coordinator Oil / Gas / Energy / Mining 309,800 INR
Mining Project Engineer Oil / Gas / Energy / Mining 339,100 INR
Mining Project Manager Oil / Gas / Energy / Mining 447,300 INR
Mining Site Manager Oil / Gas / Energy / Mining 462,300 INR
Mining Team Leader Oil / Gas / Energy / Mining 369,300 INR
NDT Technician Oil / Gas / Energy / Mining 212,500 INR
Oil Service Unit Operator Oil / Gas / Energy / Mining 183,600 INR
Oil Trader Oil / Gas / Energy / Mining 450,300 INR
Oilwell Pumper Oil / Gas / Energy / Mining 128,900 INR
Petroleum Engineer Oil / Gas / Energy / Mining 394,800 INR
Petroleum Geologist Oil / Gas / Energy / Mining 628,000 INR
Petroleum Pump System Operator Oil / Gas / Energy / Mining 194,600 INR
Petroleum Technician Oil / Gas / Energy / Mining 207,700 INR
Pipeline Technician Oil / Gas / Energy / Mining 136,100 INR
Power Coordinator Oil / Gas / Energy / Mining 216,800 INR
Power Plant Operations Manager Oil / Gas / Energy / Mining 684,900 INR
Power Plant Operator Oil / Gas / Energy / Mining 283,700 INR
Radio Operator Oil / Gas / Energy / Mining 152,300 INR
Reliability Engineer Oil / Gas / Energy / Mining 341,400 INR
Risk Analyst Oil / Gas / Energy / Mining 428,400 INR
Roughneck Oil / Gas / Energy / Mining 357,300 INR
Scaffolder Oil / Gas / Energy / Mining 227,600 INR
Shutdown Engineer Oil / Gas / Energy / Mining 288,700 INR
Solar Energy Installation Manager Oil / Gas / Energy / Mining 514,300 INR
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 362,200 INR
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 227,600 INR
Solar Thermal Technician Oil / Gas / Energy / Mining 216,800 INR
Supply Operations Manager Oil / Gas / Energy / Mining 568,500 INR
Sustainability Specialist Oil / Gas / Energy / Mining 558,300 INR
System Development Advisor Oil / Gas / Energy / Mining 397,900 INR
Tanker Truck Driver Oil / Gas / Energy / Mining 137,400 INR
Utility Operator Oil / Gas / Energy / Mining 189,300 INR
Wind Energy Project Manager Oil / Gas / Energy / Mining 485,300 INR

Salary Comparison by City

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

City Average Salary
agra 286,400 INR
Ahmadabad 369,300 INR
Bangalore 361,500 INR
Bhopal 332,100 INR
Chennai 366,200 INR
Coimbatore 315,700 INR
Delhi 375,200 INR
Ghaziabad 325,800 INR
Hyderabad 363,000 INR
Indore 315,700 INR
Jaipur 357,700 INR
Kanpur 344,600 INR
Kolkata 361,600 INR
Lucknow 340,000 INR
Ludhiana 308,900 INR
Madurai 282,500 INR
Mumbai 361,500 INR
Nagpur 335,100 INR
Patna 297,000 INR
Pimpri-Chinchwad 313,700 INR
Pune 361,600 INR
Surat 348,300 INR
Vadodara 294,700 INR
Visakhapatnam 305,600 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

City Average Salary
Andaman & Nicobar Islands 290,800 INR
Andhra Pradesh 362,200 INR
Arunachal Pradesh 294,300 INR
Assam 362,200 INR
Bihar 388,100 INR
Chandigarh 283,400 INR
Chhatisgarh 354,000 INR
Dadra & Nagar Haveli 283,700 INR
Daman & Diu 271,300 INR
Delhi 344,600 INR
Goa 305,600 INR
Gujarat 357,700 INR
Haryana 352,000 INR
Himachal Pradesh 325,900 INR
Jammu & Kashmir 322,600 INR
Jharkhand 372,600 INR
Karnataka 376,800 INR
Kerala 345,700 INR
Lakshadweep 263,200 INR
Madhya Pradesh 386,400 INR
Maharashtra 383,300 INR
Manipur 301,300 INR
Meghalaya 317,700 INR
Mizoram 294,700 INR
Nagaland 296,000 INR
Orissa 369,900 INR
Pondicherry 299,500 INR
Punjab 332,100 INR
Rajasthan 389,200 INR
Sikkim 286,400 INR
Tamil Nadu 362,200 INR
Tripura 330,700 INR
Uttar Pradesh 384,200 INR
Uttaranchal 327,800 INR
West Bengal 398,300 INR

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