Petrophysicist salary in Iceland

Average Yearly Salary of Petrophysicist in Iceland is approximately 24,546,509 ISK (171,181 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Petrophysicist do?

A petrophysicist is a professional who specializes in the study of rock properties and fluid behavior within subsurface reservoirs. They analyze and interpret data from various sources, such as well logs, core samples, and seismic data, to evaluate reservoir characteristics and determine the presence and distribution of hydrocarbons. Petrophysicists use their expertise to assess reservoir quality, estimate reserves, and optimize drilling and production strategies. Their work involves conducting detailed analysis of rock and fluid properties, including porosity, permeability, saturation, and lithology. They also integrate geological and geophysical data to build accurate models of reservoirs. Petrophysicists often collaborate with geologists, geophysicists, and reservoir engineers to make informed decisions regarding exploration, development, and production activities.

Skills: Petrophysicist, Reservoir characterization, Well log analysis, Core sample analysis, Rock properties, Fluid behavior.
Job industry: Oil and gas

How much does Petrophysicist make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Petrophysicist a well paid job?

Yes, our data show that Petrophysicist is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Petrophysicist?

High salary for Petrophysicist would be somewhere between 27,001,160 ISK and 35,592,438 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Petrophysicist in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 24,546,509 ISK
Estimated Monthly Salary: 2,045,542 ISK
Estimated Weekly Salary: 472,048 ISK per week
Estimated Hourly Salary: 11,801 ISK per hour
By working as Petrophysicist a person can save up to 11,536 USD per month or 138,435 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Petrophysicist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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