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Ocean Rig UDW Inc Salary

Ocean Rig UDW Inc Salary

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As of September 2026, the average annual salary for employees at Ocean Rig UDW Inc in the United States is $120,458. This translates to an approximate hourly wage of $58. Salaries at Ocean Rig UDW Inc typically range from $105,949 to $136,157 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ocean Rig UDW Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Ocean Rig UDW Inc. Based on our data, the highest paying job is the Manager, Human Resources, with an annual salary of $131,833. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Ocean Rig UDW Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ocean Rig UDW Inc'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
CanElson Drilling Inc $117,547
-2.4%
Confirms CanElson Drilling Inc is a direct competitor vying for the exact same talent pool.
Alyeska Pipeline Service Co $128,200
+6.4%
Reflects structural premiums typical of Alyeska Pipeline Service Co's large-cap national operations.
Canrig Drilling Technology Ltd $114,024
-5.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Pacific Drilling $121,724
+1.1%
Suggests Pacific Drilling utilizes a highly similar base-plus-benefits compensation model.
Energy & Utilities Industry $130,148
+8.0%
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 Ocean Rig UDW Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Ocean Rig UDW Inc. Click a company name to learn more.

Employee Reviews: Working at Ocean Rig UDW Inc

Considering a career at Ocean Rig UDW Inc? 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.
Leadership celebrates both individual and team achievements. Leadership communicates quarterly, but most daily operations feel mechanical. Job security is strong, but the workload can feel monotonous over time. Tight-knit team with a clear sense of purpose. Team dynamics are average.
Commented in April 13, 2025
40
3
Well-organized teams and processes. I enjoy working here because every day I contribute to delivering essential services. Diverse and inclusive workplace. The environment is clean, and tools are adequate. Career growth is possible but delayed and competitive. Safety measures are in place but enforcement varies between locations. Employees feel valued and recognized regularly. It’s a strong, futur...
Commented in June 30, 2024
27
1
It’s fulfilling to be part of a team helping power communities reliably. Everyone knows their role and does it well. Transparency is a key strength here.
Commented in February 04, 2024
35
2

Ocean Rig UDW Inc Overview

Website
www.ocean-rig.com
Founded In
1996
Employees
500 - 1,000 employees
Industry
Energy & Utilities
Headquarter Address
16140 Waverly Dr Houston Texas TX 77032
Revenue
$200 Million - $500 Million
Phone Number
+1 7132609667
Social Media
About Ocean Rig UDW Inc
Ocean Rig is an international offshore drilling contractor providing oilfield services for offshore oil and gas exploration, development and production drilling, and specializing in the ultradeepwater and harsh-environment segment of the offshore drilling industry. Ocean Rig's common stock is listed on the NASDAQ Global Select Market where it trades under the symbol "ORIG".

What Benefits Does Ocean Rig UDW Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ocean Rig UDW Inc 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Ocean Rig UDW Inc.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Ocean Rig UDW Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Ocean Rig UDW Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ocean Rig UDW Inc

1. What is the average salary for employees at Ocean Rig UDW Inc?

The average annual total compensation for employees at Ocean Rig UDW Inc is approximately $120,458. However, this is an aggregate figure, actual salaries can range significantly, typically from $105,949 to $136,157, depending on factors like job role, experience, and location.

2. How much does Ocean Rig UDW Inc pay compared to CanElson Drilling Inc?

The average annual salary at Ocean Rig UDW Inc is $120,458, or an hourly wage of $58, in comparison to CanElson Drilling Inc which pays $117,547 per year or $57 per hour.

3. What is the lowest salary at Ocean Rig UDW Inc?

The lowest-paying job at Ocean Rig UDW Inc is a Financial Advisor with a salary of $61,974 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Ocean Rig UDW Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Ocean Rig UDW Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Ocean Rig UDW Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Houston?

While some companies offer formal COLA, many, including potentially Ocean Rig UDW Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Ocean Rig UDW Inc?

Most companies, likely including Ocean Rig UDW Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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