Modern Drilling Company LLC Salary

As of August 2026, the average annual salary for employees at Modern Drilling Company LLC in the United States is $117,621. This translates to an approximate hourly wage of $57. Salaries at Modern Drilling Company LLC typically range from $103,539 to $132,792 annually, reflecting the diverse roles and experience levels within the company.
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Is Modern Drilling Company LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Drilling Company LLC'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
Optidrill SA $103,413
-12.1%
Optidrill SA likely leverages performance bonuses over the high base salary shown here.
BlackFoxExp $95,438
-18.9%
Typical compensation structure for smaller regional agencies like BlackFoxExp.
Jr Gatlin Drilling Company Inc $97,896
-16.8%
Jr Gatlin Drilling Company Inc operates with a leaner overhead structure, impacting base wage offers.
Pacific Terra Resources Inc $122,125
+3.8%
Driven by niche technical certifications required for Pacific Terra Resources Inc's specialized projects.
Energy & Utilities Industry $130,148
+10.7%
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 Modern Drilling Company LLC

Considering a career at Modern Drilling Company LLC? 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 doesn’t change much, but it’s stable. Management respects the expertise of veteran employees while embracing new technologies. Quiet, structured work environment. Collaboration and innovation are encouraged through cross-functional teamwork. Proud to be part of such a responsible and caring organization!.
A very ethical and rewarding place to work. Open, transparent communication from management fosters trust and boosts morale throughout the organization. Collaborative teams foster innovation and problem-solving. While not particularly stimulating, the role is reliable and comes with decent pay. Training covered the essentials, and I was left to figure out the rest. Strong safety culture and excell...
Leadership development programs prepare high-potential employees for future roles. It’s functional but uninspiring. Management understands that we have lives outside of work and trusts us to get our jobs done without being chained to a desk or working excessive hours. The company invests in its infrastructure and employees equally.

Modern Drilling Company LLC Overview

Website
Data pending, update soon.
Founded In
1951
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
2755 Dawson Ave Long Beach California CA 90806
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Modern Drilling Company LLC
Modern Drilling Company LLC is a company that operates in the Oil & Energy industry. It employs 51-100 people and has $50M-$100M of revenue. The company is headquartered in Long Beach, California.

What Benefits Does Modern Drilling Company LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Drilling Company LLC 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 Long Beach?

Understanding the cost of living near Long Beach is key to truly evaluating a salary offer or your current compensation at Modern Drilling Company LLC.
Long Beach's Cost of Living Index is approximately 136.7 (36.7% more expensive than US average; 2.2% less than CA average). Coastal city near LA, high housing costs are the main driver, though generally less than LA proper. When planning your budget based on a salary from Modern Drilling Company LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Modern Drilling Company LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (LB Transit monthly pass, varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,212 - $5,142+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Modern Drilling Company LLC

1. How much does Modern Drilling Company LLC in the United States pay?

Modern Drilling Company LLC pays its employees an average of $117,621 per year. The average salary at Modern Drilling Company LLC range from $103,539 to $132,792 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 Modern Drilling Company LLC employees get a higher salary than its peer company?

The salary at Modern Drilling Company LLC is higher than its peer company. The average annual salary at Modern Drilling Company LLC is $117,621, or an hourly wage of $57, in comparison to Optidrill SA which pays $103,413 per year or $50 per hour.

3. How much does salary increase with years of experience at Modern Drilling Company LLC?

Salary progression with years of experience at Modern Drilling Company LLC 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.

4. Do salaries at Modern Drilling Company LLC vary by office location?

Yes, it's very likely that salaries at Modern Drilling Company LLC 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 Long Beach section provides more context.

5. Does Modern Drilling Company LLC offer good benefits?

Modern Drilling Company LLC 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 Modern Drilling Company LLC" section on this page.