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Petroleum Geologist Average Salary in United Kingdom 2021

How much money does a Petroleum Geologist make in United Kingdom?


Average Yearly Salary
118,000 GBP
( 9,840 GBP monthly)

LOW
54,300
GBP
AVERAGE
118,000
GBP
HIGH
188,000
GBP

A person working as a Petroleum Geologist in United Kingdom typically earns around 118,000 GBP per year. Salaries range from 54,300 GBP (lowest) to 188,000 GBP (highest).

This is the average yearly salary including housing, transport, and other benefits. Petroleum Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Petroleum Geologist Salary Distribution in United Kingdom

Median and salary distribution yearly United Kingdom Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in United Kingdom range from 54,300 GBP per year (minimum salary) to 188,000 GBP per year (maximum salary).

  • Median Salary

    The median salary is 128,000 GBP per year, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 128,000 GBP while the other half are earning more than 128,000 GBP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Petroleum Geologist(s) are earning less than 81,800 GBP while 75% of them are earning more than 81,800 GBP. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 170,000 GBP while 25% are earning more than 170,000 GBP.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly United Kingdom Petroleum Geologist
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 61,700 GBP per year.

While someone with an experience level between two and five years is expected to earn 82,300 GBP per year, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 122,000 GBP per year, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 148,000 GBP per year, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 162,000 GBP per year, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 175,000 GBP per year, 8% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in United Kingdom

0 - 2 Years
61,700 GBP
2 - 5 Years+34%
82,300 GBP
5 - 10 Years+48%
122,000 GBP
10 - 15 Years+22%
148,000 GBP
15 - 20 Years+9%
162,000 GBP
20+ Years+8%
175,000 GBP
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level yearly United Kingdom Petroleum Geologist
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 70,300 GBP per year.

While someone with a Master's Degree gets a salary of 110,000 GBP per year, 57% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 185,000 GBP per year, 68% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in United Kingdom

Bachelor's Degree
70,300 GBP
Master's Degree+57%
110,000 GBP
PhD+68%
185,000 GBP
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United Kingdom costs anywhere from 29,600 Pound Sterling(s) to 88,700 Pound Sterling(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender yearly United Kingdom Petroleum Geologist
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Petroleum Geologist employees in United Kingdom earn 5% more than their female counterparts on average.

Male
121,000 GBP
Female-5%
115,000 GBP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Kingdom for all Careers

Salary comparison by gender yearly United Kingdom
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Petroleum Geologist Average Annual Salary Increment Percentage in United Kingdom

How much are annual salary increments in United Kingdom for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in United Kingdom are likely to observe a salary increase of approximately 14% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate United Kingdom Petroleum Geologist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United Kingdom / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in United Kingdom is 7%.

Annual Increment Rate By Industry 2020

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in United Kingdom for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Petroleum Geologist Bonus and Incentive Rates in United Kingdom

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Kingdom Petroleum Geologist
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A Petroleum Geologist is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

37% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 63% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
63%
No Bonus
37%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Petroleum Geologist Average Hourly Wage in United Kingdom


57 GBP per hour

The average hourly wage (pay per hour) in United Kingdom is 57 GBP. This means that the average Petroleum Geologist in United Kingdom earns approximately 57 GBP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining yearly United Kingdom
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The average salary for Petroleum Geologist is 85% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager63,300 GBP-46%
Associate Analyst71,300 GBP-40%
Associate Landman29,900 GBP-75%
Auxiliary Equipment Operator27,700 GBP-77%
Biomass Plant Technician32,900 GBP-72%
Biomass Power Plant Manager96,800 GBP-18%
Chemical Plant Operator55,200 GBP-53%
Chief Contract Compliance Engineer68,200 GBP-42%
Completions Engineer61,400 GBP-48%
Cost Controller46,800 GBP-60%
Crude Oil Marketing Representative67,800 GBP-43%
Dispatcher27,300 GBP-77%
Distribution Manager89,800 GBP-24%
Dragline Operator30,300 GBP-74%
Driller Offsider23,000 GBP-81%
Dump Truck Driver26,000 GBP-78%
Electric and Gas Operations Manager147,000 GBP+24%
Energy Advisor103,000 GBP-13%
Energy Analyst90,800 GBP-23%
Energy Auditor82,300 GBP-30%
Energy Dispatch Director114,000 GBP-3%
Energy Technical Assistant39,200 GBP-67%
Energy Technical Manager80,500 GBP-32%
Energy Technical Trainer58,300 GBP-51%
Exploration Manager119,000 GBP+1%
Field Safety Auditor73,100 GBP-38%
Fluids Engineer62,500 GBP-47%
Fuel Cell Engineer70,900 GBP-40%
Fuel Cell Technician34,800 GBP-71%
Fuels Handler29,400 GBP-75%
Gas Compressor Operator29,300 GBP-75%
Gas Distribution Plant Operator55,800 GBP-53%
Gas Supply Manager98,600 GBP-17%
Geologist120,000 GBP+2%
Geophysicist123,000 GBP+4%
Geothermal Production Manager110,000 GBP-7%
Geothermal Technician46,300 GBP-61%
HSE Engineer66,500 GBP-44%
HSE Officer41,600 GBP-65%
HSEQ Administrator48,000 GBP-59%
Inspector62,200 GBP-47%
Instructor55,000 GBP-53%
Instrument Designer51,500 GBP-56%
Lead Technical Field Advisor85,200 GBP-28%
Logistics and Tool Coordinator57,400 GBP-51%
Maintenance Engineer67,400 GBP-43%
Maintenance Superintendent61,700 GBP-48%
Material Controller44,400 GBP-62%
Mine Engineer66,300 GBP-44%
Mine Surveyor70,400 GBP-40%
Mining Project Administrator60,300 GBP-49%
Mining Project Assistant47,300 GBP-60%
Mining Project Controls Consultant76,800 GBP-35%
Mining Project Coordinator59,100 GBP-50%
Mining Project Engineer65,600 GBP-44%
Mining Project Manager85,400 GBP-28%
Mining Site Manager91,200 GBP-23%
Mining Team Leader71,200 GBP-40%
NDT Technician39,400 GBP-67%
Oil Service Unit Operator34,600 GBP-71%
Oil Trader83,600 GBP-29%
Oilwell Pumper24,000 GBP-80%
Petroleum Engineer 75,600 GBP-36%
Petroleum Geologist118,000 GBP-0%
Petroleum Pump System Operator36,800 GBP-69%
Pipeline Technician25,900 GBP-78%
Power Coordinator39,800 GBP-66%
Power Plant Operations Manager123,000 GBP+4%
Power Plant Operator55,200 GBP-53%
Radio Operator28,900 GBP-76%
Reliability Engineer63,600 GBP-46%
Reservoir Engineer58,400 GBP-51%
Risk Analyst80,800 GBP-32%
Roughneck68,200 GBP-42%
Scaffolder42,400 GBP-64%
Shutdown Engineer55,200 GBP-53%
Solar Energy Installation Manager97,800 GBP-17%
Solar Energy Systems Engineer70,700 GBP-40%
Solar Photovoltaic Installer41,600 GBP-65%
Solar Thermal Technician40,600 GBP-66%
Supply Operations Manager112,000 GBP-5%
Sustainability Specialist104,000 GBP-12%
System Development Advisor77,600 GBP-34%
Tanker Truck Driver27,000 GBP-77%
Utility Operator34,700 GBP-71%
Wind Energy Project Manager96,000 GBP-19%

Salary Comparison By City

CityAverage Salary
Aberdeen124,000 GBP
Abingdon106,000 GBP
Armagh117,000 GBP
Bangor110,000 GBP
Belfast133,000 GBP
Birmingham142,000 GBP
Bradford131,000 GBP
Brighton124,000 GBP
Bristol129,000 GBP
Cambridge119,000 GBP
Canterbury109,000 GBP
Cardiff132,000 GBP
Chester109,000 GBP
Coventry123,000 GBP
Derby129,000 GBP
Derry116,000 GBP
Dundee117,000 GBP
Durham110,000 GBP
Edinburgh127,000 GBP
Exeter113,000 GBP
Glasgow140,000 GBP
Gloucester120,000 GBP
Hartlepool115,000 GBP
Inverness109,000 GBP
Kingston upon Hull127,000 GBP
Kirkwall102,000 GBP
Leeds130,000 GBP
Leicester135,000 GBP
Lincoln119,000 GBP
Lisburn109,000 GBP
Liverpool132,000 GBP
London130,000 GBP
Manchester137,000 GBP
Newcastle127,000 GBP
Newport117,000 GBP
Newry110,000 GBP
Norwich113,000 GBP
Nottingham134,000 GBP
Oxford122,000 GBP
Peterborough120,000 GBP
Plymouth120,000 GBP
Poole122,000 GBP
Portsmouth124,000 GBP
Ripon104,000 GBP
Salisbury105,000 GBP
Sheffield137,000 GBP
Somerset128,000 GBP
Southampton124,000 GBP
St Davids98,800 GBP
Stirling108,000 GBP
Stromness106,000 GBP
Strontian102,000 GBP
Swansea127,000 GBP
Truro104,000 GBP
Wakefield106,000 GBP
Wells107,000 GBP
Winchester109,000 GBP
Wolverhampton121,000 GBP
York126,000 GBP

Salary Comparison By State

StateAverage Salary
England218,000 GBP
Northern Ireland110,000 GBP
Scotland173,000 GBP
Wales112,000 GBP

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in United Kingdom earn 4% more than their private sector counterparts on average across all sectors.

Private Sector
69,500 GBP
Public Sector+4%
72,600 GBP
Percentage increase and decrease are relative to the previous value

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