SECTION ONE SALARY OVERVIEW - Hays

Salary overview
Average annual salary by experience
By discipline area
Those working within subsea/pipelines, production management and
geoscience came out on top in this survey, with subsea leading the way
on an average of $109,000 per annum. Downstream operations
management, reservoir/petroleum engineering, piping, mechanical and
technical safety were the lowest paid, with an average annual salary for
downstream operations management of $65,800 per annum.
Apart from the abovementioned, all other discipline areas came in with
an average salary between $70,000 and $90,000.
These figures also allowed us to track how experience is valued, and in
some disciplines it is greatly; notably, subsea, production management,
marine/naval, estimating/cost engineering and logistics. These areas all
showed accelerated salaries as the experience grew.
Project controls, reservoir engineering and HSE showed less than
average growth in salaries as experience levels increased.
By company type
When comparing by company type, figures were consistently between
an average salary ranging from $78,000 to $87,000. Equipment
manufacturers and suppliers fell below this level, with an average annual
salary of $63,700.
Those working with a contractor were rewarded most for their increasing
experience while those in their first four years with an operator were
remunerated above their peers in other company types when first
embarking on their career.
Background
These figures are based on permanent staff salaries returned by
respondents as their package in US dollar equivalent figures excluding
one-off bonuses, pension, share options and other non-cash benefits,
and for those working on a monthly or yearly payroll. Those on a weekly
or daily payroll have been extracted from this comparison.
Salaries
Years of experience
0 to 4 5 to 9
10 to 19 20 +
Discipline area
Business development
Construction/installation
Downstream operations management
Drilling
Electrical
Estimating/cost engineering
Geoscience
HSE
Logistics
Marine/Naval
Mechanical
Piping
Process
Production management
Project controls
QA/QC
Reservoir/petroleum engineering
Structural
Subsea/pipelines
Supply chain/procurement
Technical safety
47,800 61,900 98,500 126,600
47,200 76,900 100,500 119,900
40,000 53,600 79,100 90,500
43,500 55,100 91,500 135,500
46,800 58,800 85,800 122,900
37,500 53,700 110,600 140,400
52,300 73,700 110,700 138,900
49,400 62,300 91,900 121,500
45,000 59,500 85,700 133,700
54,100 68,600 99,900 140,400
42,700 60,600 94,400 107,700
48,900 56,500 80,200 111,900
43,900 60,000 93,200 122,600
50,500 77,600 133,800 154,200
45,000 58,000 99,300 120,100
41,700 60,600 90,600 127,200
39,700 59,200 79,700 109,000
39,900 53,700 94,200 136,200
57,300 75,800 141,300 162,700
43,500 56,800 90,900 121,800
46,800 66,800 83,800 113,600
Company type
Consultancy
Contractor
EPCM
Equipment manufacturer/supplier
Global Super Major
Oil Field Services
Operator
47,000 73,300 96,400 114,200
39,600 53,100 100,600 145,800
37,100 64,900 83,300 131,400
34,300 48,300 75,600 96,800
51,800 65,900 102,500 119,000
50,500 66,400 82,300 115,500
60,700 78,400 88,100 121,600
Notes: All figures are base salaries, quoted in US dollars. EPCM - Engineering, procurement and construction management;
HSE - Health, safety and environment; QA/QC - Quality assurance/quality control.
Oil & Gas Salary Guide 2010 | 09