Rig derrick equipment and operate pumps to circulate mud or fluid through drill hole.
According to the US Department of Labor, there are 8,600 people employed as derrick operators, oil and gas in the United States. The median annual salary is $47,230. Entry level employees earn approximately $36,460 per year and senior employees earn approximately $77,000 per year.
Estimates do not include other potential benefits such as health insurance, overtime, or retirement benefits that may be offered by employers.
Materials presented in MoneyEdu are prepared by Decision Partners LLC on FDCU's behalf. Although every effort is made, the accuracy, completeness and timeliness of the content cannot be guaranteed. The information is for educational purposes only and is not intended to provide legal, financial, or tax advice.