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Diamond Offshore Salary

Diamond Offshore Salary

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As of September 2026, the average annual salary for employees at Diamond Offshore in the United States is $126,270. This translates to an approximate hourly wage of $61. Salaries at Diamond Offshore typically range from $111,035 to $142,803 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Diamond Offshore Pay for Different Roles?

Explore detailed salary information for specific jobs at Diamond Offshore. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $977,441. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Diamond Offshore’s Pay Competitive? Salary Benchmarking Analysis

How does Diamond Offshore's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Mobil Producing Texas & New Mexico Inc $118,064
-6.5%
Mobil Producing Texas & New Mexico Inc likely leverages performance bonuses over the high base salary shown here.
Ensco PLC $125,616
-0.5%
Suggests Ensco PLC utilizes a highly similar base-plus-benefits compensation model.
Paragon Offshore PLC $123,549
-2.2%
Indicates identical technical requirements and experience levels between the two firms.
Pacific Drilling $121,724
-3.6%
Typical compensation structure for smaller regional agencies like Pacific Drilling.
Energy & Utilities Industry $130,148
+3.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Diamond Offshore's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Diamond Offshore. Click a company name to learn more.

Employee Reviews: Working at Diamond Offshore

Considering a career at Diamond Offshore? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Management is fair and provides recognition for jobs well done, fostering a positive and motivated workforce. Processes are followed strictly, which helps avoid confusion. You learn more on the job. I’ve been able to move into leadership roles thanks to great mentoring.
Commented in February 17, 2025
46
2
Systems function as expected, and teams cooperate adequately. Supervisors check in regularly, which builds trust. There’s a genuine team spirit that motivates everyone to work hard and support one another. Employee resource groups foster inclusion and camaraderie. The team is knowledgeable and always ready to collaborate on solutions. Projects are meaningful, and expectations are always clear.
Commented in August 12, 2024
13
2
It’s refreshing to work for a company that invests in its people. Employees value job stability and benefits but encounter workload fluctuations and occasional unclear communication. Safety protocols are strictly enforced, ensuring a secure work environment.
Commented in January 06, 2024
8
0

Diamond Offshore Overview

Website
www.diamondoffshore.com
Founded In
1964
Employees
1,000 - 3,000 employees
Industry
Energy & Utilities
Headquarter Address
15415 Katy Fwy Houston Texas TX 77094
Revenue
$500 Million - $1B
Phone Number
+1 2814925300
Social Media
About Diamond Offshore
Established in 1964, Diamond Offshore Drilling provides offshore oil drilling services. The company is headquartered out of Houston, TX.

What Benefits Does Diamond Offshore Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diamond Offshore offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Diamond Offshore.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Diamond Offshore, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Diamond Offshore salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diamond Offshore

1. What is the average salary for employees at Diamond Offshore?

The average annual total compensation for employees at Diamond Offshore is approximately $126,270. However, this is an aggregate figure, actual salaries can range significantly, typically from $111,035 to $142,803, depending on factors like job role, experience, and location.

2. How much does Diamond Offshore pay compared to Mobil Producing Texas & New Mexico Inc?

The average annual salary at Diamond Offshore is $126,270, or an hourly wage of $61, in comparison to Mobil Producing Texas & New Mexico Inc which pays $118,064 per year or $57 per hour.

3. What is the lowest salary at Diamond Offshore?

The lowest-paying job at Diamond Offshore is an Executive with a salary of $339,415 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Diamond Offshore?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Diamond Offshore for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Diamond Offshore offer cost-of-living adjustments (COLA) for employees in high-cost areas like Houston?

While some companies offer formal COLA, many, including potentially Diamond Offshore, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Diamond Offshore?

Most companies, likely including Diamond Offshore, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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