Rig Manager Salary at Mcvay Drilling Co BETA

How much does a Mcvay Drilling Co Rig Manager make?

As of May 2025, the average annual salary for a Rig Manager at Mcvay Drilling Co is $122,771, which translates to approximately $59 per hour. Salaries for Rig Manager at Mcvay Drilling Co typically range from $108,431 to $141,782, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

McVay Drilling Co Overview

Website:
mcvaydrillingco.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Energy & Utilities

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 expertise in deep gas, directional, and horizontal drilling, we operate five National Drilling Rigs between 7,000 and 18,500 ft. in Southeastern New Mexico and West Texas. We at McVay Drilling Company are proud to be considered the standard of the industry.

See similar companies related to Mcvay Drilling Co

What Skills Does a person Need at Mcvay Drilling Co?

At Mcvay Drilling Co, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Land Acquisition: Acquiring land while complying with established laws and regulations and providing resettlement or compensation plans for landowners.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Due Diligence: Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Mcvay Drilling Co

Job Title Average Mcvay Drilling Co Salary Hourly Rate
2 Chief Pilot $158,640 $76
3 Driller $62,352 $30
4 Roughneck $48,206 $23
5 Human Resources $64,244 $31

Hourly Pay at Mcvay Drilling Co

The average hourly pay at Mcvay Drilling Co for a Rig Manager is $59 per hour. The location, department, and job description all have an impact on the typical compensation for Mcvay Drilling Co positions. The pay range and total remuneration for the job title are shown in the table below. Mcvay Drilling Co may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $122,771 look to you?

FAQ about Salary and Jobs at Mcvay Drilling Co

1. How much does Mcvay Drilling Co pay per hour?
The average hourly pay is $59. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mcvay Drilling Co?
According to the data, the highest approximate salary is about $141,782 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mcvay Drilling Co?
According to the data, the lowest estimated salary is about $108,431 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.