Here is a little info for you guy's on the Oil and Gas Industry pay scales.
North American-based oil and gas professionals enjoyed a pay increase in 2011 -- average compensation increased to $99,175 in 2011 from $96,588 in 2010 or three percent, according to Rigzone's Compensation Tracker.
A stronger increase was seen for oil and gas professionals most often directly connected to drilling activity. Those working a rotational schedule saw a six percent compensation increase year/year from $106,162 in 2010 to $112,546 in 2011.
In 2011, a dozen positions or skills commanded six-figure earnings and had above average year/year growth. Leading the way, specialist in downhole intervention whose paychecks on average went from $101,752 in 2010 to $133,418 in 2011, a 31 percent increase. On the opposite end of the spectrum, North American-based maintenance engineers reported the largest decrease (16%) in compensation from 2010 to 2011 to average $85,424.
The Rigzone Compensation Tracker revealed average pay in North America in 2011 differed by education level of the employees. Respondents reported a compensation range from the high $80s to the low $130s.- High School -- $99,656
- Some College -- $93,933
- Technical College -- $87,969
- Associates -- $92,620
- Bachelors -- $102,869
- Masters -- $109,805
- Doctorate -- $132,234
First year employees working in North America told Rigzone they averaged $66,923 in 2011. Respondents with two to five years experienced said they were paid an average of $78,072. Pay increased to $105,060 with 10 years experience and to $135,076 after 20 years working in the North American oil and gas industry.
Professionals who identified themselves as working in North America reported companies with less than 20 employees paid an average of $104,105 in 2011, the survey revealed, but that compensation dropped to $91,570 for companies with 21-100 employees. Those that employ more than 2,000 employees paid an average compensation similar to the smallest companies -- $104,144.
North American-based earnings varied based on management level as well. Staff-level professionals reported a slight increase from 2010 to 2011, from $86,604 to $88,084, respectively. Likewise, mid-level careers didn't see much change either, increasing from $104,228 in 2010 to $105,796 in 2011. But a small increase is better than a decrease, which is what upper management experienced. In 2010, upper management jobs paid an average of $133,824 and dropped to $130,813 in 2011.
Onshore jobs compared to offshore jobs made a difference in compensation as well. The average onshore North American employee told Rigzone they made $99,655 in 2011 compared to offshore employees who made $98,083. Looking at the six regions worldwide, North America and Australia are the only regions that pay more for onshore work than offshore, though not by much. Rising shale E&P may be a driver in these numbers.
Likewise, schedule played a role in average compensation. For those who worked fulltime in 2011, the average earnings were $94,972, and rotation workers averaged about $112,546.
That looks pretty good dosent it. Look at all the money the guy's in the oil industry are making. WOW! LOL I have to say that these salary's are a living wage. The people who have these jobs for the most part are in debt up to their eyes and pay the lions share of the taxes to a broken system. I'm sure ckinchen will support that. I'm not saying there is anything wrong with being at this level. The industry needs it. Not everyone should go to that next level or even wants too but when you have a young person who has the talent to go there It's a real shame to see it go to waste. You won't see the salary of board level management on a report like this. They don't want you to know it. To find out what sort of compensation they recieve you have to look at company reports and even then you never get a true picture. Myself, I am another kind of worker. One that is hard to put in a class. I am a consultant or as I would call myself an Inernational Industrial Prostitute. I am a fixer. I go places and fill the gaps that need filling in Management on an international level. That's a whole nother thing altogether and you won't see our salary's included on any salary report either. We are the cost of doing business in a 3rd world country. I too am done here. Good Luck and I hope I helped in some way.
Here is a link to some more good info.
http://www.rigzone.com/jobs/recruiter_ct.asp
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