Ringco OIlfield Services Salary

How much does the Ringco OIlfield Services Pay for employees?

As of August 2026, the average annual salary for employees at Ringco OIlfield Services in the United States is $86,968. This translates to an approximate hourly wage of $42. Salaries at Ringco OIlfield Services typically range from $76,598 to $98,124 annually, reflecting the diverse roles and experience levels within the company. Ringco OIlfield Services’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.
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Current Job Openings at Ringco OIlfield Services

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Is Ringco OIlfield Services’s Pay Competitive? Salary Benchmarking Analysis

How does Ringco OIlfield Services’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)
Ringco OIlfield Services
Energy & Utilities
Sandler's Trade & Services
Bone Tomahawk Oilfield Services LLC
Industry Comparison
Our data shows that, on average, compensation at Ringco OIlfield Services is below the average for the U.S. Energy & Utilities industry by approximately 33%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Ringco OIlfield Services average annual salary with several similar companies. Ringco OIlfield Services average salary of $86,968 is lower than Sandler's Trade & Services, which has an average salary of $93,550. It is lower than Bone Tomahawk Oilfield Services LLC, with their average salary at $87,939. This places Ringco OIlfield Services in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Ringco OIlfield Services

Considering a career at Ringco OIlfield Services? 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.
Great work environment with high safety standards and supportive management. The firm prioritizes employee safety and environmental stewardship, ensuring compliance with strict regulations. Leadership is transparent, approachable, and supports career advancement through comprehensive training programs. Excellent benefits and opportunities for learning across departments.
Beyond physical safety, mental health support is excellent—wellness programs, counseling, and flexible schedules are available. People here genuinely care about doing things right. Safety protocols are comprehensive, and management ensures they’re followed rigorously. We have access to state-of-the-art equipment and detailed protocols that promote both efficiency and safety. There’s clarity in rol...
Tasks are straightforward. Positive workplace culture values diversity and inclusion. It’s hard work, but very fulfilling. I’ve had access to leadership development programs and technical upskilling. Everyone is encouraged to innovate and contribute to long-term clean energy success.
The culture promotes teamwork, innovation, and diversity. The role is consistent and predictable. Staff feel engaged and appreciated, and leadership maintains high environmental standards. Flexible scheduling supports employees’ work-life balance. The benefits and compensation packages are competitive, motivating staff to perform at their best.
The company culture promotes collaboration and integrity, making it an enjoyable place to work. Most people stay for stability rather than passion. A dependable job, if not especially forward-thinking or challenging.

Ringco OIlfield Services Overview

Website
www.ringcooilfield.com
Founded In
2011
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
415 W Wall St Midland Texas TX 79701
Revenue
$5 Million - $10 Million
Phone Number
+1 4326343767
Social Media
About Ringco OIlfield Services
Founded in 2017 and locally owned and operated! Ringco Oilfield Services provides safe, efficient, and effective rig moving services. Our family atmosphere sets us apart. Our employees are more than a number or a cog in the machine, they are family. Ringco has been crushing numerous rig move records. We have everything needed to get the job done including: Cranes, Pole Trucks, Tandems, Winch Truck

What Benefits Does Ringco OIlfield Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ringco OIlfield Services 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 Midland?

Understanding the cost of living near Midland is key to truly evaluating a salary offer or your current compensation at Ringco OIlfield Services.
Midland's Cost of Living Index is approximately 86.2 (13.8% less expensive than US average; 7.3% less than TX average). Permian Basin oil city, housing costs fluctuate, generally affordable. EZ Rider. When planning your budget based on a salary from Ringco OIlfield Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ (Variable) A significant portion of Ringco OIlfield Services 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) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,170 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ringco OIlfield Services

1. What is the typical salary range (low to high) for most roles at Ringco OIlfield Services?

The typical annual salary range for most roles at Ringco OIlfield Services is approximately from $76,598 to $98,124. 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 Ringco OIlfield Services pay compared to Sandler's Trade & Services?

The average annual salary at Ringco OIlfield Services is $86,968, or an hourly wage of $42, in comparison to Sandler's Trade & Services which pays $93,550 per year or $45 per hour.

3. How does experience level affect salary at Ringco OIlfield Services?

Experience level is a significant factor in determining salary at Ringco OIlfield Services, 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.

4. How can I determine if a salary offer from Ringco OIlfield Services in Midland is fair given the local cost of living?

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

5. What factors influence salary increases at Ringco OIlfield Services?

Salary increases at Ringco OIlfield Services 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.