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Entry Level Graduate Petroleum Engineering information

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$40.5K

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How much do entry level graduate petroleum engineering jobs pay per year?

As of Aug 13, 2026, the average yearly pay for entry level graduate petroleum engineering in the United States is $73,528.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,000.00 and $88,500.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Graduate Petroleum Engineering vs Entry Level Reservoir Engineer?

AspectEntry Level Graduate Petroleum EngineeringEntry Level Reservoir Engineer
Required CredentialsBachelor's in Petroleum Engineering or related fieldBachelor's in Petroleum Engineering, Reservoir Engineering, or Geosciences
Work EnvironmentOil and gas exploration, drilling sites, office settingsReservoir analysis, simulation labs, field data interpretation
Employer & Industry UsageOil companies, service firms, energy sectorOil companies, consulting firms, energy industry
Common Search & ComparisonYesYes

Entry Level Graduate Petroleum Engineering focuses on overall petroleum extraction processes, while Entry Level Reservoir Engineer specializes in subsurface reservoir analysis and management. Both roles require similar educational backgrounds and are integral to the oil and gas industry, but they differ in specific responsibilities and work environments.

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Entry Level Graduate Petroleum Engineering jobs near you
Infographic showing various Entry Level Graduate Petroleum Engineering job openings in the United States as of August 2026, with employment types broken down into 91% Full Time, 4% Part Time, 4% Contract, and 1% Nights. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $73,528 per year, or $35.4 per hour.

Graduate Acquisitions & Divestitures Engineer - Houston, Texas

Morgan Stanley

Houston, TX • On-site

Full-time

Re-posted 25 days ago

Morgan Stanley rating

8.4

Company rating: 8.4 out of 10

Based on 155 frontline employees who took The Breakroom Quiz

30th of 150 rated financial services

Job description

Our Houston office is looking fora Graduate Petroleum Engineerto join theOil & Gas TechnicalTeam (A&D). Theposition will be joining a team comprised of petroleum engineering, geoscience and GIS expertise.

Position:

-Morgan Stanley's Houston-based Energy Investment Banking office

-Graduate Petroleum Engineer on the Oil and Gas Technical Team (A&D);team comprised of petroleum engineering, geoscience and GIS expertise

- Opportunity to work on material transactions in the Oil & Gas industry

Qualifications:

Education:

-Engineering Degree Required

oChemical Engineering / Computer Science or Software Engineering degrees strongly preferred

oPetroleum, Mechanical, or Electrical may be considered

-Superior academic achievement (>3.6 GPA on a 4.0 scale)

Experience:

-1-2years relevant work experience preferred (Reservoir/Petroleum Engineer)

oWill consider 0 years for right candidate

-Must show a strong interest in Upstream Oil & Gas asset valuation

Skills and abilities (Required):

-Strong quantitative and analytical skills

-Advanced oral and written communication skills

-Ability to work independently while functioning as part of a team

-Strong attention to detail and the ability to work in high pressure settings with tight deadlines

-Microsoft Excel and PowerPoint advanced user

-Software coding experience (VBA Macro Development, Python or SQL)

-Basic understanding of database design and functionality (Microsoft Access)

Preferred:

-Decline Curve Analysis, SEC Reserve Definitions

-Experience with Enverus (DrillingInfo), Enerdeq, ARIES, PHDWin, Tableau, Spotfire

-Basic understanding of Petroleum Geology

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

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