Energy Extraction Specialist Salary in Colorado

Annual Median: $170,010
Hourly Median: $81.74

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Energy Extraction Specialist undefined, Colorado Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$82,190$39.52
25th$119,020$57.22
Median$170,010$81.74
75th$206,820$99.43
90th$224,750$108.06

Best Schools to become a Energy Extraction Specialist in Colorado 2024

Colorado School of Mines

Golden, CO

In-State Tuition:$17,520
Out-of-State Tuition:$39,600
Admission Rate:58%
Graduation Rate:82%
Total Enrollment:7,403

Energy Extraction Specialist Salary in Colorado FAQs

  • What factors influence the salary of an Energy Extraction Specialist in Colorado?
    Several factors impact your earnings as an Energy Extraction Specialist, including your level of education, years of experience, and specific skills you possess. Additionally, the size and financial health of your employer, the region within Colorado where you work, and the type of energy extraction (e.g., oil, gas, renewable resources) can also contribute to salary variations.

  • Is there a demand for Energy Extraction Specialists in Colorado?
    Yes, there is a steady demand for Energy Extraction Specialists in Colorado, driven by the state's rich natural resources and commitment to renewable energy initiatives. As the energy sector evolves, specialists who are well-versed in both traditional extraction methods and emerging technologies will likely find more job opportunities.

  • What educational background is typically required for roles in this field?
    Most positions for Energy Extraction Specialists require at least a bachelor’s degree in fields such as geology, engineering, or environmental science. Advanced degrees may enhance your prospects and earning potential, particularly for specialized roles or managerial positions.

  • Do Energy Extraction Specialists have opportunities for career advancement?
    Yes, career advancement opportunities are available for Energy Extraction Specialists. With gaining experience, you can move into higher-level positions such as project manager, operations manager, or even executive roles in energy companies. Continued education and acquiring industry certifications can also facilitate this progression.

  • How does working in renewable energy affect salary prospects?
    Working in the renewable energy sector can result in different salary ranges compared to traditional energy sectors. While the market for renewables is growing, the average salary may be influenced by factors such as project funding, technology development, and state-wide energy policies promoting green initiatives.

  • What skills are most valuable for Energy Extraction Specialists in Colorado?
    Key skills valuable for Energy Extraction Specialists include technical proficiency in extraction processes, data analysis, strong problem-solving abilities, and familiarity with regulatory environments. Additionally, skills related to project management, communication, and teamwork are essential, especially in collaborative projects.

  • How does the cost of living in Colorado affect salary expectations?
    The cost of living in Colorado can be relatively high, especially in urban areas like Denver. This can influence salary expectations, as compensation may be adjusted to reflect the regional cost of housing, transportation, and overall living expenses.

  • Are there certification programs that could enhance an Energy Extraction Specialist's qualifications?
    Yes, several certification programs can enhance your qualifications and demonstrate your expertise to employers. Certifications such as the Certified Energy Manager (CEM) or other specialized programs in petroleum engineering, renewable energy technologies, and environmental management can provide a competitive edge.

  • What are the typical working conditions for Energy Extraction Specialists?
    Energy Extraction Specialists may work in various environments, including field sites, laboratories, and office settings. Depending on your role, you may spend significant time outdoors, often in remote locations, and must be prepared for fluctuating weather conditions and terrains. Safety protocols and equipment training are crucial components of the job to ensure a secure working environment.

  • What role does networking play in finding job opportunities as an Energy Extraction Specialist?
    Networking is invaluable in finding job opportunities as an Energy Extraction Specialist. Engaging with industry professionals through conferences, local associations, and online platforms like LinkedIn can help you connect with potential employers and discover unadvertised job openings. Building relationships within the industry can also facilitate mentorship and collaboration opportunities.