Terra Drilling & Exploration Inc Salary

Terra Drilling & Exploration Inc Salary

How much does the Terra Drilling & Exploration Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Terra Drilling & Exploration Inc in the United States is $90,185. This translates to an approximate hourly wage of $43. Salaries at Terra Drilling & Exploration Inc typically range from $79,429 to $101,746 annually, reflecting the diverse roles and experience levels within the company. Terra Drilling & Exploration Inc’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 Terra Drilling & Exploration Inc

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Is Terra Drilling & Exploration Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Terra Drilling & Exploration Inc’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)
Terra Drilling & Exploration Inc
Energy & Utilities
Parker Drilling Company Eastern Hemisphere Ltd
Oil Chem Inc
Industry Comparison
Our data shows that, on average, compensation at Terra Drilling & Exploration Inc is below the average for the U.S. Energy & Utilities industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Terra Drilling & Exploration Inc average annual salary with several similar companies. Terra Drilling & Exploration Inc average salary of $90,185 is lower than Parker Drilling Company Eastern Hemisphere Ltd, which has an average salary of $95,322. It is higher than Oil Chem Inc, with their average salary at $88,466. This places Terra Drilling & Exploration Inc in a mid-range position among its peers.
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How Terra Drilling & Exploration Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Terra Drilling & Exploration Inc

Considering a career at Terra Drilling & Exploration 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.
Collaborative teams foster innovation and problem-solving. Training is adequate for the job, though more hands-on practice would be helpful for new hires in technical roles. This organization excels in promoting a safe, sustainable, and innovative workplace culture. There’s a noticeable divide between departments at times. Being part of this industry feels especially rewarding during times of tran...
Commented in February 14, 2025
48
2
You learn the job quickly and repeat it often. The company has a strong commitment to sustainability and environmental stewardship, which aligns with my personal values. Most supervisors are fair but hands-off. Advancement is delayed and requires persistence. Our internal communication tools keep everyone informed and connected. The company delivers what’s expected, but rarely more.
Commented in December 04, 2024
27
3
Not a bad job, and it is particularly exciting either. Management listens and takes feedback seriously. Great leadership vision and execution. Employees feel proud knowing their work powers homes and businesses sustainably. It’s a quiet place to work with limited distractions.
Commented in January 04, 2024
49
2

Terra Drilling & Exploration Inc Overview

Website
Data pending, update soon.
Founded In
1982
Employees
25 - 50 employees
Industry
Energy & Utilities
Headquarter Address
409 W Skyway Dr Muncie Indiana IN
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Terra Drilling & Exploration Inc
Terra Drilling & Exploration Inc is a company that operates in the Oil & Energy industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Muncie, Indiana.

What Benefits Does Terra Drilling & Exploration Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Terra Drilling & Exploration 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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FAQs of Terra Drilling & Exploration Inc

1. What is the estimated average total compensation at Terra Drilling & Exploration Inc?

Salary.com estimates that the average total compensation package at Terra Drilling & Exploration Inc, which can include base salary, potential bonuses, and benefits, is around $90,185 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Terra Drilling & Exploration Inc pay compared to Parker Drilling Company Eastern Hemisphere Ltd?

The average annual salary at Terra Drilling & Exploration Inc is $90,185, or an hourly wage of $43, in comparison to Parker Drilling Company Eastern Hemisphere Ltd which pays $95,322 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Terra Drilling & Exploration Inc?

Salary progression from an entry-level to a senior role at Terra Drilling & Exploration 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.

4. Are promotions at Terra Drilling & Exploration Inc usually accompanied by a significant salary increase?

Yes, promotions at Terra Drilling & Exploration 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.

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