Model reservoirs and optimize recovery of oil and gas over a field's life. Median salary in Lakewood: $167K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Lakewood, Colorado. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Reservoir Engineers in Lakewood earn approximately 15% higher than the US national median for this role — a $22,000 premium on annual base salary. This reflects Lakewood's position as a higher-cost labor market where employers must match local wage norms.
Only 15% of Reservoir Engineer positions offer remote flexibility, meaning the Lakewood salary above represents what local employers actually pay — not a remote-anywhere rate. Geographic constraints reinforce the local market, so the salary range above is more directly applicable than for remote-friendly roles.
Reservoir Engineer wages are growing at 1.5% year-over-year — slower than the BLS all-occupations average of ~3.5%. Real wages may lag inflation in years where CPI exceeds this rate, so total compensation negotiation (bonus, equity, benefits) matters more than base salary growth for this role.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $167K by 2030.
Enter your email for free access. We'll send salary market updates — unsubscribe anytime.
No spam. Unsubscribe anytime.
The median Reservoir Engineer salary in Lakewood, CO is $167,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Lakewood–CO metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Reservoir Engineers in Lakewood with 0–2 years of experience typically earn between $132,000 and $167,000 annually. Mid-career professionals with 3–7 years command $167,000 to $207,000, while senior-level practitioners with 8+ years of experience regularly earn $207,000 to $259,000 or more.
Lakewood has a cost of living index of 115 compared to the US national average of 100. Lakewood's cost of living is above the US average, so the salary figures above reflect local market rates. Colorado has a 4.55% state income tax rate.
Bachelor's degree. 15% of these roles offer some remote flexibility.