McVay Drilling Co Salary

McVay Drilling Co Salary

How much does the McVay Drilling Co Pay for employees?

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As of August 2026, the average annual salary for employees at McVay Drilling Co in the United States is $91,704. This translates to an approximate hourly wage of $44. Salaries at McVay Drilling Co typically range from $80,749 to $103,526 annually, reflecting the diverse roles and experience levels within the company. McVay Drilling Co’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does McVay Drilling Co Pay for Different Roles?

Explore detailed salary information for specific jobs at McVay Drilling Co. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at McVay Drilling Co

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

Is McVay Drilling Co’s Pay Competitive? Salary Benchmarking Analysis

How does McVay Drilling Co’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
McVay Drilling Co
Energy & Utilities
Patriot Directional Services
Focus Directional
Industry Comparison
Our data shows that, on average, compensation at McVay Drilling Co is below the average for the U.S. Energy & Utilities industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared McVay Drilling Co average annual salary with several similar companies. McVay Drilling Co average salary of $91,704 is lower than Patriot Directional Services, which has an average salary of $102,674. It is lower than Focus Directional, with their average salary at $103,486. This places McVay Drilling Co in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How McVay Drilling Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at McVay Drilling Co

Considering a career at McVay Drilling Co? 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 is meaningful and stable, with a clear future in energy transition. Management understands the importance of personal time and promotes a healthy working culture. Competitive pay and benefits motivate high performance. Overtime may be required during peak demand periods. Employees receive standard benefits and maintain steady jobs, but safety enforcement varies.
Commented in March 31, 2025
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A dynamic, mission-driven energy provider with strong core values and accountability. Employees experience steady work and average benefits, but pressure increases during busy seasons. Good company overall, though some departments need better communication. There’s always a push to improve processes, invest in green technologies, and empower employee contributions. Benefits are standard for the in...
Commented in March 07, 2025
11
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I’ve learned basic operational skills and appreciate the safety structure. What stands out is the company's proactive approach to adapting to new energy technologies. Management promotes work-life balance, and our tools and equipment are always up to date. A great balance of technical work, innovation, and teamwork. Job responsibilities are clearly defined.
Commented in January 25, 2025
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Tasks are repeated often. Management fosters a culture where every employee feels their role is important for our collective success. It’s a place where you can start in an entry-level position and genuinely build a long-lasting, successful career through their support and resources.
Commented in February 04, 2024
33
3

McVay Drilling Co Overview

Website
www.mcvaydrillingco.com
Founded In
1961
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
401 E Bender Blvd Hobbs New Mexico NM 88240
Revenue
$10 Million - $50 Million
Phone Number
+1 5753973311
Social Media
About McVay Drilling Co
We would like to take this opportunity to introduce you to McVay Drilling Company. C.R. McVay and Carmen Stafford founded McVay and Stafford Drilling Company in 1941 with rigs located in Southeastern New Mexico. Jim McVay, C.R. McVay's son, bought out Carmen Stafford in 1961 and we became McVay Drilling Company as it is known today. With our office located in Hobbs, New Mexico, and with our expert

What Benefits Does McVay Drilling Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. McVay Drilling Co 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 Hobbs?

Understanding the cost of living near Hobbs is key to truly evaluating a salary offer or your current compensation at McVay Drilling Co.
Hobbs' Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.2% less than NM average). SE NM city (oil/gas), affordable. HPT. When planning your budget based on a salary from McVay Drilling Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of McVay Drilling Co 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) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,890 - $3,080+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McVay Drilling Co

1. What is the average salary for employees at McVay Drilling Co?

The average annual total compensation for employees at McVay Drilling Co is approximately $91,704. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,749 to $103,526, depending on factors like job role, experience, and location.

2. How much does McVay Drilling Co pay compared to Patriot Directional Services?

The average annual salary at McVay Drilling Co is $91,704, or an hourly wage of $44, in comparison to Patriot Directional Services which pays $102,674 per year or $49 per hour.

3. What is the lowest salary at McVay Drilling Co?

The lowest-paying job at McVay Drilling Co is a Roughneck with a salary of $48,206 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 McVay Drilling Co?

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 McVay Drilling Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does McVay Drilling Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hobbs?

While some companies offer formal COLA, many, including potentially McVay Drilling Co, 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 McVay Drilling Co?

Most companies, likely including McVay Drilling Co, 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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