Richman Oil Inc Salary

As of August 2026, the average annual salary for employees at Richman Oil Inc in the United States is $88,730. This translates to an approximate hourly wage of $43. Salaries at Richman Oil Inc typically range from $78,165 to $100,075 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Richman Oil Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Richman Oil Inc. Based on our data, the highest paying job is the President, with an annual salary of $686,846. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Richman Oil Inc

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

Is Richman Oil Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Richman Oil 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
Northampton Generating Co $95,734
+7.9%
Influenced by prevailing union wage agreements specific to Northampton Generating Co's sector.
Empc - Biomass LLC $89,521
+0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Frontier MWD Systems $94,605
+6.6%
Data suggests Frontier MWD Systems's workforce skews heavily towards veteran, high-tenure roles.
Oil Rig Job $95,533
+7.7%
Adjusted for higher cost-of-living indices in Oil Rig Job's primary metro hubs.
Energy & Utilities Industry $130,148
+46.7%
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 Richman Oil Inc

Considering a career at Richman Oil 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.
The company offers adequate benefits and a stable work environment but suffers from inconsistent communication and safety enforcement. This organization excels in promoting a safe, sustainable, and innovative workplace culture. Career advancement exists but often requires waiting for openings. Flexible work options help employees manage their time effectively.
The company does a great job of blending traditional energy practices with forward-thinking sustainability efforts. My role here has been steady and well-defined. We work with updated technology, and safety procedures are taken seriously. Resource allocation could be more efficient. A very ethical and rewarding place to work. Proud to be part of such a responsible and caring organization!.
There’s not much to complain about, and it is much to celebrate either. Promotion is possible but delayed and competitive. A dependable, mission-driven company with a strong ethical foundation.

Richman Oil Inc Overview

Website
www.richmanoil.com
Founded In
1992
Employees
<25 employees
Industry
Energy & Utilities
Headquarter Address
19621 Fm 1431 Jonestown Texas TX 78645
Revenue
<$5 Million
Phone Number
+1 5122499253
Social Media
About Richman Oil Inc
Oil and Natural gas from domestic reserves helps to make our country more energy self-sufficient by reducing our dependence on foreign imports. In light of this, Congress has provided tax incentives to stimulate domestic natural gas and oil production financed by private sources. Drilling projects offer many tax advantages and these benefits greatly enhance the economics. These incentives are not

What Benefits Does Richman Oil Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Richman Oil 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 Austin?

Understanding the cost of living near Austin is key to truly evaluating a salary offer or your current compensation at Richman Oil Inc.
Austin's Cost of Living Index is approximately 129.5 (29.5% more expensive than US average; 39.2% more than TX average). State capital, major tech hub, 'Keep Austin Weird', very high housing costs, high overall expenses. Capital Metro. When planning your budget based on a salary from Richman Oil Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,500+ A significant portion of Richman Oil Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $41.25 (CapMetro monthly pass) 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 $500 - $950+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,111 - $5,071+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Richman Oil Inc

1. What is the estimated average total compensation at Richman Oil Inc?

Salary.com estimates that the average total compensation package at Richman Oil Inc, which can include base salary, potential bonuses, and benefits, is around $88,730 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Richman Oil Inc pay compared to Northampton Generating Co?

The average annual salary at Richman Oil Inc is $88,730, or an hourly wage of $43, in comparison to Northampton Generating Co which pays $95,734 per year or $46 per hour.

3. Do salaries differ significantly between departments at Richman Oil Inc?

Yes, salaries often differ between departments at Richman Oil Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Richman Oil Inc?

Salary progression from an entry-level to a senior role at Richman Oil Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Richman Oil Inc in Austin is fair given the local cost of living?

To determine if a salary offer from Richman Oil Inc in Austin is fair, first compare the gross salary to our data for similar roles at Richman Oil Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Austin" to understand its purchasing power.

6. Are promotions at Richman Oil Inc usually accompanied by a significant salary increase?

Yes, promotions at Richman Oil Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.