IBEX Drilling Solutions Salary

IBEX Drilling Solutions Salary

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As of July 2026, the average annual salary for employees at IBEX Drilling Solutions in the United States is $82,854. This translates to an approximate hourly wage of $40. Salaries at IBEX Drilling Solutions typically range from $72,988 to $93,442 annually, reflecting the diverse roles and experience levels within the company.

How Much Does IBEX Drilling Solutions Pay for Different Roles?

Explore detailed salary information for specific jobs at IBEX Drilling Solutions. Based on our data, the highest paying job is the President, with an annual salary of $641,367. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at IBEX Drilling Solutions

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

Is IBEX Drilling Solutions’s Pay Competitive? Salary Benchmarking Analysis

How does IBEX Drilling Solutions'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
Etech International Inc $95,955
+15.8%
Reflects structural premiums typical of Etech International Inc's large-cap national operations.
US Renewables Group LLC $104,995
+26.7%
Data suggests US Renewables Group LLC's workforce skews heavily towards veteran, high-tenure roles.
Kinetic Upstream Technologies Inc $95,132
+14.8%
Influenced by prevailing union wage agreements specific to Kinetic Upstream Technologies Inc's sector.
Lago Energy LLC $95,502
+15.3%
Reflects a supply-demand imbalance for the specific talent Lago Energy LLC targets.
Energy & Utilities Industry $130,148
+57.1%
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 IBEX Drilling Solutions's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at IBEX Drilling Solutions

Considering a career at IBEX Drilling Solutions? 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.
There's immense pride in knowing that our efforts directly contribute to the daily lives and economic stability of communities. I started at entry level, and within three years, I’ve been promoted twice. Our contributions are recognized, and I’ve received consistent feedback that helps me grow. Benefits are reasonable, and the overall atmosphere is professional. Communication is consistent, and ex...
Commented in March 12, 2025
22
0
The company is committed to clean energy initiatives, and I’ve seen real investment in employee development. We stay aligned on goals, and initiatives around sustainability and safety are implemented thoughtfully. The team is passionate and knowledgeable, creating a stimulating work environment. The work is repetitive, but that’s to be expected in utilities. Overall, the culture is collaborative, ...
Commented in February 08, 2025
19
0
Their commitment to reliability and responsible resource management provides stability and a strong sense of purpose for the entire workforce. Strong workforce, the company maintains a profound sense of purpose, delivering essential services that power communities and drive progress. Proud to be part of this team. Communication is adequate but occasionally lacks transparency.
Commented in October 08, 2024
34
0

IBEX Drilling Solutions Overview

Website
www.ibexds.com
Founded In
2017
Employees
<25 employees
Industry
Energy & Utilities
Headquarter Address
3319 N Cr 1108 Midland Texas TX 79705
Revenue
<$5 Million
Phone Number
+1 4324583340
Social Media
About IBEX Drilling Solutions
IBEX Drilling Solutions brings together the latest technological advances in power sections, quality control, and mud motors to provide innovative motor technology for your application

What Benefits Does IBEX Drilling Solutions Offer Beyond Salary?

A competitive compensation package is more than just a salary. IBEX Drilling Solutions 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)
Work at IBEX Drilling Solutions?
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What Is the Cost of Living Near Midland?

Understanding the cost of living near Midland is key to truly evaluating a salary offer or your current compensation at IBEX Drilling Solutions.
Midland's Cost of Living Index is approximately 86.2 (13.8% less expensive than US average; 7.3% less than TX average). Permian Basin oil city, housing costs fluctuate, generally affordable. EZ Rider. When planning your budget based on a salary from IBEX Drilling Solutions, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ (Variable) A significant portion of IBEX Drilling Solutions 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) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,170 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of IBEX Drilling Solutions

1. How much does IBEX Drilling Solutions in the United States pay?

IBEX Drilling Solutions pays its employees an average of $82,854 per year. The average salary at IBEX Drilling Solutions range from $72,988 to $93,442 per year. 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.

2. Do IBEX Drilling Solutions employees get a higher salary than its peer company?

The salary at IBEX Drilling Solutions is lesser than its peer company. The average annual salary at IBEX Drilling Solutions is $82,854, or an hourly wage of $40, in comparison to Etech International Inc which pays $95,955 per year or $46 per hour.

3. What are the highest paying jobs at IBEX Drilling Solutions?

The higher-paying job at IBEX Drilling Solutions, according to our data, include President (avg. $641,367 per year), Executive Vice President (avg. $244,052 per year), and Vice President, Operations (avg. $244,052 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at IBEX Drilling Solutions?

Salary progression with years of experience at IBEX Drilling Solutions is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at IBEX Drilling Solutions vary by office location?

Yes, it's very likely that salaries at IBEX Drilling Solutions vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Midland section provides more context.

6. Does IBEX Drilling Solutions offer good benefits?

IBEX Drilling Solutions typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at IBEX Drilling Solutions" section on this page.

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