As of August 01, 2026, the average salary for a Derrickhand in Santa Fe, TX is $72,800 per year, which breaks down to an hourly rate of $35.
However, a Derrickhand's salary can vary significantly. Here’s a look at the typical salary range:
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A Derrickhand's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Derrickhand's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Derrickhand | $70,921 |
| Intermediate Level Derrickhand | $72,816 |
| Senior Level Derrickhand | $74,633 |
| Specialist Level Derrickhand | $74,881 |
| Expert Level Derrickhand | $75,294 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 8.76% |
| Preventative Maintenance | 5.76% |
| Equipment Operation | 2.54% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Program Management
|
$80,080 |
10%
|
|
Project Management
|
$76,440 |
5%
|
|
Consulting
|
$74,984 |
3%
|
|
Alignment
|
$74,984 |
3%
|
|
CPT
|
$74,984 |
3%
|
|
Safety Training
|
$74,984 |
3%
|
Derrickhand salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $84,825. While startup companies pay approximate $71,836.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $71,836 |
| Growth Stage | 51~500 | $75,953 |
| Established | 501~5000 | $81,944 |
| Enterprise | 5000+ | $84,825 |
Understanding how a Derrickhand's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As a Derrickhand, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Drilling Foreman | $127,500 | 75% |
| Drilling Operations Team Lead | $79,400 | 9% |
Ready to take the next step in your career? Browse thousands of current Derrickhand job openings on our job board. Use the search bar below to find your perfect match.
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