In this salary guide, you will find out how much do Oil and Gas Derrick Operators make.
After reading this, you will be able to make a decision if working as an Oil and Gas Derrick Operator will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).
$51140 per year
$24.590 per hour
One of the most popular questions we get from our readers here at OwlGuru is how much do Oil and Gas Derrick Operators make per year and what is their hourly wage.
According to BLS, the average annual salary of Oil and Gas Derrick Operators is $51140. Their salary can also be as low as $33790 if you’re still a newbie with no experience to over $75520 if you have a ton of experience under your belt.
The typical hourly pay is $24.590 and can range from $16.240 to $36.310 which also depends if you’re a newbie or a professional.
Just like any other job, the salary of An Oil and Gas Derrick Operator will vary based on your education and experience level.
# = Over $100 per hour or $200,000 per year.
We wanted to make it easy for our readers to compare the salary of An Oil and Gas Derrick Operator to all the other careers out there. So we created Salary Rank.
This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.
After comparing how much do Oil and Gas Derrick Operators make with other careers, they have a salary rank of C.
|Highest (Top 10%)||$36.310||$75520|
|Senior (Top 25%)||$28.830||$59970|
|Middle (Mid 50%)||$23.140||$48130|
|Junior (Bottom 25%)||$18.760||$39030|
|No experience (Bottom 10%)||$16.240||$33790|
Entry-level Oil and Gas Derrick Operators who starts out at $39030 can expect to make $48130 after 3-5 years of experience in the field.
The bottom 10% makes less than $16.240 per hour while the top 10% makes over $36.310 per hour.
While the median wage is $48130 per annum or $23.140 per hour.
Depending on who you work for, you might also get overtime pay.
# = Over $100 per hour or $200,000 per year.
Highest paying industries
|Industry name||Hourly wage||Annual salary|
|Oil and Gas Extraction||24.69||51360|
|All industries, private ownership only||24.57||51100|
|Support Activities for Mining||24.53||51020|
|Heavy and Civil Engineering Construction||22.23||46250|
Not all industries pay the same for Oil and Gas Derrick Operators.
One of the easiest way to increase your salary is to change industries and find a higher paying one.
Highest paying states
Another simple way to boost your pay as An Oil and Gas Derrick Operator is to move to a higher paying state. However moving to a higher paying state like AK doesn’t mean you will make more overall. This is because the expenses at AK may be 2x higher than where you are currently living at right now.
According to the BLS, the highest paid / most successful Oil and Gas Derrick Operators are in the states of AK, ND, UT, CA and AR. The average salary in AK is $68080.
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They assemble or repair oil field equipment using hand and power tools. Perform other tasks as needed.
They help brickmasons, blockmasons, stonemasons, or tile and marble setters by performing duties requiring less skill. Duties include using, supplying or holding materials or tools, and cleaning work area and equipment.
They operate equipment to increase oil flow from producing wells or to remove stuck pipe, casing, tools, or other obstructions from drilling wells. May also perform similar services in mining exploration operations. Includes fishing-tool technicians.
They lay, repair, and maintain track for standard or narrow-gauge railroad equipment used in regular railroad service or in plant yards, quarries, sand and gravel pits, and mines. Includes ballast cleaning machine operators and railroad bed tamping machine operators.
They set up or operate a variety of drills to remove underground oil and gas, or remove core samples for testing during oil and gas exploration.
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