McVay Drilling Co Salary

As of August 2026, the average hourly salary for employees at McVay Drilling Co in the United States is $44. This translates to an approximate annual wage of $91,704. Salaries at McVay Drilling Co typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does McVay Drilling Co Pay for Different Roles?

Explore detailed salary information for specific jobs at McVay Drilling Co. Based on our data, the highest paying job is the Chief Pilot, with an hourly wage of $76. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at McVay Drilling Co

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

Is McVay Drilling Co’s Pay Competitive? Salary Benchmarking Analysis

How does McVay Drilling Co'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
Patriot Directional Services $49
+12.0%
Reflects structural premiums typical of Patriot Directional Services's large-cap national operations.
Focus Directional $50
+12.8%
Data suggests Focus Directional's workforce skews heavily towards veteran, high-tenure roles.
Highknob Drilling Company Inc $46
+5.0%
Influenced by prevailing union wage agreements specific to Highknob Drilling Company Inc's sector.
Fwa Drilling Company Inc $45
+1.2%
Indicates identical technical requirements and experience levels between the two firms.
Energy & Utilities Industry $63
+41.9%
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.

Employee Reviews: Working at McVay Drilling Co

Considering a career at McVay Drilling Co? 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.
The work is meaningful and stable, with a clear future in energy transition. Management understands the importance of personal time and promotes a healthy working culture. Competitive pay and benefits motivate high performance. Overtime may be required during peak demand periods. Employees receive standard benefits and maintain steady jobs, but safety enforcement varies.
A dynamic, mission-driven energy provider with strong core values and accountability. Employees experience steady work and average benefits, but pressure increases during busy seasons. Good company overall, though some departments need better communication. There’s always a push to improve processes, invest in green technologies, and empower employee contributions. Benefits are standard for the in...
I’ve learned basic operational skills and appreciate the safety structure. What stands out is the company's proactive approach to adapting to new energy technologies. Management promotes work-life balance, and our tools and equipment are always up to date. A great balance of technical work, innovation, and teamwork. Job responsibilities are clearly defined.
Tasks are repeated often. Management fosters a culture where every employee feels their role is important for our collective success. It’s a place where you can start in an entry-level position and genuinely build a long-lasting, successful career through their support and resources.

McVay Drilling Co Overview

Website
www.mcvaydrillingco.com
Founded In
1961
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
401 E Bender Blvd Hobbs New Mexico NM 88240
Revenue
$10 Million - $50 Million
Phone Number
+1 5753973311
Social Media
About McVay Drilling Co
We would like to take this opportunity to introduce you to McVay Drilling Company. C.R. McVay and Carmen Stafford founded McVay and Stafford Drilling Company in 1941 with rigs located in Southeastern New Mexico. Jim McVay, C.R. McVay's son, bought out Carmen Stafford in 1961 and we became McVay Drilling Company as it is known today. With our office located in Hobbs, New Mexico, and with our expert

What Benefits Does McVay Drilling Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. McVay Drilling Co 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Hobbs?

Understanding the cost of living near Hobbs is key to truly evaluating a salary offer or your current compensation at McVay Drilling Co.
Hobbs' Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.2% less than NM average). SE NM city (oil/gas), affordable. HPT. When planning your budget based on a salary from McVay Drilling Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of McVay Drilling Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,890 - $3,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McVay Drilling Co

1. What is the estimated average total compensation at McVay Drilling Co?

Salary.com estimates that the average total compensation package at McVay Drilling Co, which can include base salary, potential bonuses, and benefits, is around $44 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does McVay Drilling Co pay compared to Patriot Directional Services?

The average annual salary at McVay Drilling Co is $91,704, or an hourly wage of $44, in comparison to Patriot Directional Services which pays $102,674 per year or $49 per hour.

3. Do salaries differ significantly between departments at McVay Drilling Co?

Yes, salaries often differ between departments at McVay Drilling Co 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 McVay Drilling Co?

Salary progression from an entry-level to a senior role at McVay Drilling Co 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 McVay Drilling Co in Hobbs is fair given the local cost of living?

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

6. Are promotions at McVay Drilling Co usually accompanied by a significant salary increase?

Yes, promotions at McVay Drilling Co 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.