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W74 Oil Tools Salary

W74 Oil Tools Salary

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As of September 2026, the average annual salary for employees at W74 Oil Tools in the United States is $78,256. This translates to an approximate hourly wage of $38. Salaries at W74 Oil Tools typically range from $68,928 to $88,308 annually, reflecting the diverse roles and experience levels within the company.

How Much Does W74 Oil Tools Pay for Different Roles?

Explore detailed salary information for specific jobs at W74 Oil Tools. Based on our data, the highest paying job is the President, with an annual salary of $605,767. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is W74 Oil Tools’s Pay Competitive? Salary Benchmarking Analysis

How does W74 Oil Tools'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
Raptee $86,778
+10.9%
Reflects a supply-demand imbalance for the specific talent Raptee targets.
Environmental Inspection Sciences Inc $90,755
+16.0%
Influenced by prevailing union wage agreements specific to Environmental Inspection Sciences Inc's sector.
Ss Brewtech $88,793
+13.5%
Reflects structural premiums typical of Ss Brewtech's large-cap national operations.
Pca Electronics Inc $97,812
+25.0%
Adjusted for higher cost-of-living indices in Pca Electronics Inc's primary metro hubs.
MFG Durable Industry $121,746
+55.6%
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 W74 Oil Tools's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at W74 Oil Tools. Click a company name to learn more.

Employee Reviews: Working at W74 Oil Tools

Considering a career at W74 Oil Tools? 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.
It's a workplace committed to continuous improvement and accountability. The team dynamic on the floor is excellent, and support from engineering and logistics is consistent. Flexible shifts accommodate project demands smoothly. Career advancement opportunities are limited and competitive. Leadership is approachable and invests in employee growth through ongoing training programs.
Commented in April 28, 2025
49
0
Leadership supports employee growth and skill development. Promotion paths are available but competitive. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. Management fosters a culture of mutual respect and continuous learning. The company's lean manufacturing approach eliminates waste and improves quality. Pr...
Commented in December 21, 2024
9
3
The workplace encourages teamwork and respect, fostering a positive environment. Those who show initiative and reliability are quickly noticed and rewarded. This makes you feel heard and valued.
Commented in October 08, 2024
23
2

W74 Oil Tools Overview

Website
www.w74.com
Founded In
1964
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3602 W 11th St Odessa Texas TX 79763
Revenue
<$5 Million
Phone Number
+1 4323635559
Social Media
About W74 Oil Tools
W74 Oil Tools is your one-stop resource for downhole fishing tools and oilfield support services. Located in the Permian Basin of West Texas, one of the largest oilfields in North America, we have over 35 years of fishing tool experience. Through decades of servicing national and independent companies, we've established a name representing quality and reliability. From the top of the stand to the

What Benefits Does W74 Oil Tools Offer Beyond Salary?

A competitive compensation package is more than just a salary. W74 Oil Tools 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 W74 Oil Tools?
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What Is the Cost of Living Near Odessa?

Understanding the cost of living near Odessa is key to truly evaluating a salary offer or your current compensation at W74 Oil Tools.
Odessa's Cost of Living Index is approximately 83.7 (16.3% less expensive than US average; 10.0% less than TX average). Permian Basin oil city, housing costs fluctuate with oil industry. EZ Rider. When planning your budget based on a salary from W74 Oil Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,300+ (Variable) A significant portion of W74 Oil Tools 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) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,020 - $3,350+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of W74 Oil Tools

1. What is the typical salary range (low to high) for most roles at W74 Oil Tools?

The typical annual salary range for most roles at W74 Oil Tools is approximately from $68,928 to $88,308. 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. How much does W74 Oil Tools pay compared to Raptee?

The average annual salary at W74 Oil Tools is $78,256, or an hourly wage of $38, in comparison to Raptee which pays $86,778 per year or $42 per hour.

3. Do salaries differ significantly between departments at W74 Oil Tools?

Yes, salaries often differ between departments at W74 Oil Tools 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. How does experience level affect salary at W74 Oil Tools?

Experience level is a significant factor in determining salary at W74 Oil Tools, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from W74 Oil Tools in Odessa is fair given the local cost of living?

To determine if a salary offer from W74 Oil Tools in Odessa is fair, first compare the gross salary to our data for similar roles at W74 Oil Tools and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Odessa" to understand its purchasing power.

6. What factors influence salary increases at W74 Oil Tools?

Salary increases at W74 Oil Tools are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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