Average Derrick Operators, Oil and Gas Salary in Odessa, TX
Derrick Operators in Odessa, TX, earn an average annual salary of $48,420. This figure is notably below the national average of $62,490, indicating a localized pay structure influenced by regional economic factors specific to the oil and gas industry in West Texas. The concentration of this specialized workforce in Odessa significantly shapes compensation trends.
Executive Summary
- Average Salary: $48,420 per year.
- Growth Trend: Salaries have shifted 11.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,840.
- Outlook: The local job market for Derrick Operators in Odessa, TX, shows a substantial concentration, with a Location Quotient of 50.11, far exceeding the national average. While the total local workforce of 280 is modest, this high concentration suggests a robust demand for these specialized skills within the region's dominant industry, indicating a stable job market for experienced professionals.
Salary Overview
The average Derrick Operators, Oil and Gas in Odessa, TX earns-22.5%below the national average.
$23.3
$931
$4,035
Derrick Operators, Oil and Gas Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Derrick Operators in Odessa, TX, have experienced fluctuations over the past four years, likely mirroring the cyclical nature of the oil and gas sector. General economic trends and industry-specific demand would have influenced wage growth, with potential increases driven by periods of high oil prices and exploration activity.
Derrick Operators, Oil and Gas Salary Distribution in Odessa, TX
Salary progression for Derrick Operators typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior operators with extensive experience and specialized certifications can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $41,350 | $19.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,315 | $17.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,730 | $22 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $60,525 | $29.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,840 | $28.8 |
Detailed Derrick Operators, Oil and Gas Market Analysis
Relocation Context
Nominal Salary
$48,420
Gross Pay
Real Wage (Purchasing Power)
$48,420
Adjusted for COL (100)
The average annual salary of $48,420 in Odessa, TX, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, suggesting that the lower pay is offset by the stable cost of living.
Job Market Context
280
Total Jobs
3.589
Per 1K Jobs
50.11
Location Quotient
Odessa, TX has 50.1x the national concentration of Derrick Operators, Oil and Gas jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 50.11, Odessa, TX, exhibits an exceptionally high concentration of Derrick Operators compared to the national average. This indicates that the job market is highly specialized and potentially competitive, with a significant portion of the local workforce engaged in this specific role, suggesting strong regional demand but also a potentially saturated talent pool.
Nearby Job Markets
Nearby Cities for Derrick Operators, Oil and Gas
| City | Salary | Dist. |
|---|---|---|
| Midland, TX Derrick Operators, Oil and Gas Salary | $58,340↑ 20% | 17 mi |
Comparing salaries near Odessa, TX
Hiring Derrick Operators, Oil and Gass?
Frequently Asked Questions
How much does a Derrick Operators, Oil and Gas make in Odessa, TX?
The median annual salary for a Derrick Operators, Oil and Gas in Odessa, TX is $48,420. This typically ranges from $41,350 for entry-level positions to $59,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Odessa, TX is 22.5% lower than the national median of $62,490.
Is Odessa, TX a lucrative place for Derrick Operators, Oil and Gas?
No, not compared to the national average.While the cost of living is average, the nominal salary for Derrick Operators in Odessa, TX, is significantly lower than the national average, indicating less lucrative compensation in this specific role.
Is Odessa, TX a good place to live for Derrick Operators, Oil and Gas?
The Cost of Living Index in Odessa, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Odessa, TX?
Some top paying nearby cities include Midland, TX ($58,340) and others.
How does the number of Derrick Operators in Odessa compare nationally?
Odessa, TX has a high concentration of Derrick Operators, indicated by a Location Quotient of 50.11, meaning the area has over 50 times the national average presence of this profession relative to its workforce size.
What is the job outlook for Derrick Operators in Odessa, TX?
The job outlook appears stable due to the high concentration of Derrick Operators, suggesting consistent demand within the local oil and gas industry, despite the total workforce size being moderate.
Does experience impact a Derrick Operator's salary in Odessa, TX?
Yes, experience is a key factor in salary determination, with senior Derrick Operators earning substantially more than entry-level professionals, reflecting a clear career progression path.
How does the cost of living in Odessa, TX affect salary perception?
The cost of living in Odessa, TX, is at the national average (100), meaning the lower-than-average nominal salary of $48,420 has equivalent purchasing power locally as the national average salary does nationally.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Odessa, TX area with a job density of 3.589 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Derrick Operators, Oil and Gas Salaries by State
Top Jobs in Odessa, TX
- All Occupations Salary in Odessa, TX
- Construction and Extraction Occupations Salary in Odessa, TX
- Transportation and Material Moving Occupations Salary in Odessa, TX
- Food Preparation and Serving Related Occupations Salary in Odessa, TX
- Office and Administrative Support Occupations Salary in Odessa, TX
- Sales and Related Occupations Salary in Odessa, TX
- Installation, Maintenance, and Repair Occupations Salary in Odessa, TX
- Management Occupations Salary in Odessa, TX
- Production Occupations Salary in Odessa, TX
- Educational Instruction and Library Occupations Salary in Odessa, TX
- Browse All Jobs in Odessa, TX →
Semantic Salary Analysis for Derrick Operators, Oil and Gas • Data source: BLS OEWS 2024 •Jobs in Odessa, TX