The American Association of Petroleum Geologists annual salary survey shows a sharp increase in geology salaries across the board - approximately 16% overall. Charted below are the salaries of entry level petroleum geologists plotted from 2000 to 2006. The sharp increase between 2005 and 2006 is likely a result of multiple factors which include:
- High oil prices
- Lots of geologists are nearing retirement age
- The number of geology degrees earned is down
All of these work together to bump up salaries.

Graph based upon AAPG data.The salaries above are for entry level geologists in the petroleum industry, many of whom have advanced degrees. Visit the AAPG website too see salaries broken down by degree, years of experience, industry high/low and data over time.
AAPG Geologist Salary SurveyLabels: Employment