Diamond Offshore Salary

Diamond Offshore Salary

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As of August 2026, the average hourly salary for employees at Diamond Offshore in the United States is $61. This translates to an approximate annual wage of $126,270. Salaries at Diamond Offshore typically range from $53 to $69 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Diamond Offshore

Ready for your next career move? Explore current job openings at Diamond Offshore. Use the search tool below to find available positions by title and location and apply directly to start your career.

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 $57
-6.5%
Mobil Producing Texas & New Mexico Inc likely leverages performance bonuses over the high base salary shown here.
Ensco PLC $60
-0.5%
Suggests Ensco PLC utilizes a highly similar base-plus-benefits compensation model.
Paragon Offshore PLC $59
-2.2%
Indicates identical technical requirements and experience levels between the two firms.
Pacific Drilling $59
-3.6%
Pacific Drilling may offer non-monetary perks in lieu of competitive base salaries.
Energy & Utilities Industry $63
+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.

Companies Similar to Diamond Offshore and Their Hourly Pay Rates

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 estimated average total compensation at Diamond Offshore?

Salary.com estimates that the average total compensation package at Diamond Offshore, which can include base salary, potential bonuses, and benefits, is around $61 per hour . Total compensation provides a more holistic view of an employee's earnings.

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. Do salaries differ significantly between departments at Diamond Offshore?

Yes, salaries often differ between departments at Diamond Offshore due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Diamond Offshore?

Salary progression from an entry-level to a senior role at Diamond Offshore can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Diamond Offshore in Houston is fair given the local cost of living?

To determine if a salary offer from Diamond Offshore in Houston is fair, first compare the gross salary to our data for similar roles at Diamond Offshore and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Houston" to understand its purchasing power.

6. Are promotions at Diamond Offshore usually accompanied by a significant salary increase?

Yes, promotions at Diamond Offshore are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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