Petroleum Engineer Salary in Midland, TX

Petroleum Engineers in the Midland, TX metro area earn a median $172,070 a year — 19% more than the national median. After 2026 taxes, that is $128,876 take-home, or $10,740 a month.

Median salary
$172,070
$82.73 per hour
Typical range
$90,620 – $239,200+
10th to 90th percentile
Jobs in Midland, TX
940
66.36× national concentration

Take-home pay calculator

Pre-filled with the median petroleum engineer salary in Midland, TX. Enter your own offer to see your paycheck.

Petroleum Engineer in Midland, TX
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$128,876
per year · effective tax rate 25.1%
$10,740Monthly
$5,370Twice a month
$4,957Every 2 weeks
$61.96Hourly
  • Federal income tax$30,031
  • Social Security (6.2%)$10,668
  • Medicare (1.45%)$2,495
  • Texas income tax$0
  • Take-home pay$128,876

Marginal rate: 24% federal + 0.00% state

Petroleum Engineer pay by experience in Midland, TX

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$90,620$43.57$72,581$6,048
25th percentile$130,300$62.64$100,326$8,361
Median (50th)$172,070$82.73$128,876$10,740
75th percentile$227,880$109.56$168,660$14,055
90th percentile (top earners)$298,530+$143.52$214,256$17,855

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Texas resident, 2026 tax rules.

What $172,070 buys in Midland, TX

Prices in Midland, TX are 4.2% lower than the U.S. average (housing costs are 1.01× the national average). Adjusted for local prices, a median petroleum engineer's $128,876 take-home pay has the buying power of $134,550 in a typical American city.

1-bedroom rent
$1,449
13% of monthly take-home
2-bedroom rent
$1,780
17% of monthly take-home
Left after 1-BR rent
$9,291
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Midland, TX has 66.4× the national concentration of petroleum engineer jobs — a strong local market for this occupation.

Best-paying cities for petroleum engineers, adjusted for cost of living

Midland, TX ranks #2 of 5 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Oklahoma City, OK $176,200$124,315$137,505
2Midland, TX $172,070$128,876$134,550
3Houston, TX $169,870$127,372$129,143
4Dallas, TX $168,600$126,504$122,712
5Denver, CO $174,580$123,618$116,861

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 5 metros →

Petroleum Engineer salaries elsewhere in Texas

Frequently asked questions

How much does a petroleum engineer make in Midland, TX?

The median petroleum engineer salary in the Midland, TX metro area is $172,070 a year, or about $82.73 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $130,300 and $227,880.

What is a petroleum engineer’s take-home pay in Midland, TX?

On the median $172,070 salary, a single filer living in Texas takes home about $128,876 a year ($10,740 a month) after federal tax, Social Security, Medicare in 2026.

Is Midland, TX a good place to work as a petroleum engineer?

Pay here is 19% above the national median of $144,910. Local prices are 4.2% below the U.S. average, so the take-home pay buys what $134,550 would in a typical U.S. city. Midland, TX ranks #2 of 5 metro areas for cost-of-living-adjusted pay in this job.

Can a petroleum engineer afford rent in Midland, TX?

HUD’s fair market rent for a one-bedroom in Midland, TX is $1,449 a month ($1,780 for two bedrooms) — 13% of a median petroleum engineer’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

Cost of living & all salaries in Midland, TX →