North Dakota Average As of Jan 12, 2021, the average annual pay for an Oil Rig Worker in North Dakota is $80,761 an year. Just in case you need a simple salary calculator, that works out to be approximately $38.83 an hour. This is the equivalent of $1,553/week or $6,730/month.
Key Takeaways. The oil boom from 2010 to 2015 led to rapid growth for North Dakota towns like Watford City and Williston. Boom turned to bust when oil prices fell from more than $100 in 2014 to less than $30 in 2016.
What Are The Top 10 Paying Oilfield Jobs In The World? Gas- Plant Operators . Gas Plant Operators make an average of $72,000 per year, with only a half a year’s schooling required, along with the necessary safety tickets. Drill Operators. Well Testers. Chemical Engineer . Geologists . Petroleum Engineers . Rig Manager. Completion Driller.
North Dakota has only 10 oil rigs operating, down from 12 in August and 52 in February before COVID hit. The drill rig count is an indicator of new production. After shut-in wells are reopened, the number of drilling rigs and newly fracked wells will need to grow significantly, Helms said.
The oil- rich Bakken shale formation has made North Dakota the second-largest crude-producing state behind only Texas. The U.S. hit a milestone this year, producing more crude oil than any other country, and North Dakota is a big reason for that.
An amount below 100 means North Dakota is cheaper than the US average. A cost of living index above 100 means North Dakota , North Dakota is more expensive . North Dakota cost of living is 89.9.
|COST OF LIVING||North Dakota||United States|
Detailed List Of Highest Paying Jobs In North Dakota
|Rank||Job Title||Average Salary|
|1||General Internal Medicine Physicians||$266,540|
|2||Obstetricians And Gynecologists||$266,010|
|4||Physicians , All Other; And Ophthalmologists, Except Pediatric||$229,550|
North Dakota is the forty-second richest state in the United States of America, with a per capita income of $17,769 (2000).
The 10 most lucrative offshore platform jobs Offshore drilling consultants – $143,000-$305,000. Offshore installation managers – $174,000-$247,000. Production / maintenance supervisor – $108,000-$239,000. Subsea / chemical process engineers – $75,000-$188,000. Reservoir engineers / Drilling engineers – $73,000-$184,000. Geologists – $65,000-$183,000.
Roughneck : As a roughneck you will be a member of the drilling crew. Job responsibilities include long and physically demanding hours, cleaning the rig, maintaining drilling equipment, and helping with transports. The average salary is $34,680, however, roughnecks can make up to $51,550 per year.
Simultaneously the state of North Dakota released a report with a lower estimate of 2.1 billion barrels (330,000,000 m3) of technically recoverable oil in the Bakken. Various other estimates place the total reserves, recoverable and non-recoverable with today’s technology, at up to 24 billion barrels.
Oil and gas operators are now able to drill to depths up to 27,000 feet or more in the Bakken Shale, thanks to significant advances in drilling technology and techniques over the past few years.