Derrick Operators, Oil and Gas Salary in New Mexico
SOC 47-5011 · New Mexico · BLS OEWS May 2024
The median salary for Derrick Operators, Oil and Gas in New Mexico is $60,195 per year ($28.94/hr). This is 4% lower than the national median of $62,733. The middle 50% earn between $46,218 and $71,344 annually. Top earners at the 90th percentile reach $72,821.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $14.84 | $30,867 | -28.1% |
| P25 | $22.22 | $46,218 | -6.5% |
| P50MEDIAN | $28.94 | $60,195 | -4.0% |
| P75 | $34.30 | $71,344 | -2.0% |
| P90 | $35.01 | $72,821 | -13.9% |
Market Context Signal
Manufacturing openings fell 71K, the first decline in three months. Quit rates continue to fall. The market is clearly easing with less urgency to stretch offers.
Frequently Asked Questions
What is the median derrick operators, oil and gas salary in New Mexico?
The median (P50) annual salary for Derrick Operators, Oil and Gas in New Mexico is approximately $60,195, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 4% lower than the national median of $62,733.
What is the salary range for entry-level derrick operators, oil and gas in New Mexico?
Entry-level Derrick Operators, Oil and Gas (10th percentile) in New Mexico earn approximately $30,867 per year. The 25th percentile is $46,218. Top earners (90th percentile) reach $72,821.
How does New Mexico compare to the national average for derrick operators, oil and gas?
New Mexico pays 4% lower than the national average. The national P50 is $62,733 vs $60,195 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Derrick Operators, Oil and Gas Salary by Location
Other Roles in New Mexico
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