As of May 18, 2021, the average salary for a Rig Operator III in the United States is $70,029 per year, which breaks down to an hourly rate of $34.
However, a Rig Operator III's salary can vary significantly. Here’s a look at the typical salary range:
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A Rig Operator III'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Rig Operator III'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Rig Operator I | 0-1 years | $50,574 |
| Rig Operator II | 1-3 years | $56,352 |
| Rig Operator III | 3-5 years | $70,029 |
| Rig Operator Team Lead | 5+ years | $81,710 |
| Rig Operator Supervisor | 5+ years | $94,065 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Rig Operator IIIs. For example, consider the average annual salaries in these key locations:
Understanding how a Rig Operator III'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 May 18, 2021Promotions are the fastest way to increase your earnings. As a Rig Operator III, 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 Operations Supervisor | $130,867 | 87% |
| Rig Operator Team Lead | $81,710 | 17% |
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Compensation PlanningHere are companies hiring for Rig Operator III and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Rig Operator III job openings on our job board. Use the search bar below to find your perfect match.
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A Rig Operator III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Rig Operator III earns the most in San Jose, CA, where the annual salary of a Rig Operator III is $88,328.
The highest pay for Rig Operator III is $79,457.
The lowest pay for Rig Operator III is $50,187.
Operates rig equipment and tools in compliance with safety regulations and functional specifications. Assembles and prepares rig equipment for use and monitors and adjusts equipment as necessary. Responsible for pre-operational checks and post-operational servicing to prevent wear and ensure continuous operation. Maintains detailed records on activities, inspections, and maintenance in compliance with required regulatory standards. May require a high school diploma. Typically reports to a supervisor. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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