Ulterra Drilling Technologies L.P. Salary

As of August 2026, the average hourly salary for employees at Ulterra Drilling Technologies L.P. in the United States is $42. This translates to an approximate annual wage of $87,484. Salaries at Ulterra Drilling Technologies L.P. typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Ulterra Drilling Technologies L.P. Pay for Different Roles?

Explore detailed salary information for specific jobs at Ulterra Drilling Technologies L.P.. Based on our data, the highest paying job is the Deployment Hook-Up & Commissioning (HUC) Lead, with an hourly wage of $70. The table below outlines the hourly wage ranges for most popular roles within the company.

Deployment Hook-Up & Commissioning (HUC) Lead

$70 / hour

Salary Range: $61 - $81

Quality Control

Office Administrator

$23 / hour

Salary Range: $20 - $25

Administrative Assistant I

Santee Lakes Volunteer

$19 / hour

Salary Range: $17 - $22

Janitorial

DTI Vendor Management Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Billing Coordinator

$23 / hour

Salary Range: $21 - $26

Medical Billing and Coding

CDL Truck Driver

$32 / hour

Salary Range: $28 - $35

Materials Management

Turn Insight into Opportunity: Current Job Openings

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About Ulterra Drilling Technologies L.P.: Company Profile

Website
www.ulterra.com
Founded In
2005
Employees
500 - 1,000 employees
Industry
Energy & Utilities
Headquarter Location
HOBBS
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About ULTERRA DRILLING TECHNOLOGIES L.P.
Ulterra is a manufacturer and supplier of drill bits and downhole tools for the oil and gas industry.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Ulterra Drilling Technologies L.P.'s culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
there are room for creativity. Resource allocation could be more efficient. There’s clarity in roles and expectations, and performance reviews are fair and growth-oriented. Our training is practical, and safety drills are frequent.
I’ve developed new skills and made valuable connections. There's a genuine 'people-first' attitude here. From onboarding to ongoing development, the company provides excellent resources and support. Benefits and compensation meet expectations. Benefits are comprehensive, and the work-life balance is very manageable.
Green energy solutions are prioritized and tracked. Safety protocols exist but enforcement can be variable. Open communication and frequent recognition programs ensure employees feel appreciated, engaged, and motivated to contribute their best efforts daily. In a critical industry, they are actively investing in smart grid technologies, renewable energy projects, and efficiency initiatives. A very...
The company uses advanced technologies to improve efficiency and reduce environmental impact. Excellent onboarding process and continued mentorship. There's genuine pride in our mission. Proud to be part of a forward-thinking energy company. Compensation is competitive, and work-life balance is encouraged through flexible hours and generous leave policies.
The company runs efficiently. They value loyalty and invest in employees who show potential. Advancement depends largely on tenure. This is a company where you can grow and thrive!. It works fine, but upgrades would improve workflow and productivity.

Is Ulterra Drilling Technologies L.P.’s Pay Competitive? Salary Benchmarking Analysis

How does Ulterra Drilling Technologies L.P.'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
PEAK OILFIELD SERVICE CO LLC $45
+7.9%
Supported by PEAK OILFIELD SERVICE CO LLC's high-margin contracts allowing higher overhead.
VTECHAS $48
+13.2%
Reflects structural premiums typical of VTECHAS's large-cap national operations.
BRIGADE ENERGY SERVICES $48
+14.8%
Adjusted for higher cost-of-living indices in BRIGADE ENERGY SERVICES's primary metro hubs.
RUBICON OILFIELD INTERNATIONAL $48
+14.4%
Reflects a supply-demand imbalance for the specific talent RUBICON OILFIELD INTERNATIONAL targets.
Energy & Utilities Industry $63
+48.8%
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.

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 Ulterra Drilling Technologies L.P..
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 Ulterra Drilling Technologies L.P., 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 Ulterra Drilling Technologies L.P. 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.

Most Common Questions About Ulterra Drilling Technologies L.P.

FAQ 1: What is the typical salary range (low to high) for most roles at Ulterra Drilling Technologies L.P.?
The typical salary range for most roles at Ulterra Drilling Technologies L.P. is approximately from $37 to $48 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Ulterra Drilling Technologies L.P. pay compared to PEAK OILFIELD SERVICE CO LLC?
The average annual salary at Ulterra Drilling Technologies L.P. is $87,484, or an hourly wage of $42, in comparison to PEAK OILFIELD SERVICE CO LLC which pays $94,377 per year or $45 per hour.
FAQ 3: How does experience level affect salary at Ulterra Drilling Technologies L.P.?
Experience level is a significant factor in determining salary at Ulterra Drilling Technologies L.P., as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Ulterra Drilling Technologies L.P. in Hobbs is fair given the local cost of living?
To determine if a salary offer from Ulterra Drilling Technologies L.P. in Hobbs is fair, first compare the gross salary to our data for similar roles at Ulterra Drilling Technologies L.P. and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Hobbs" to understand its purchasing power.
FAQ 5: Are the salaries listed for Ulterra Drilling Technologies L.P. on Salary.com pre-tax or after-tax?
All salary figures displayed for Ulterra Drilling Technologies L.P., including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.