How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (2024)

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How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (1)

Do you have what it takes to excel as an oil rig welder? And, are you wondering about their pay rates? Then, you’re not alone.

Every company that works with oil or gas has an entire department dedicated to maintaining its equipment. Oil rig welders perform this maintenance. That’s why oil rig welding is a crucial industry that can earn you good money.

Before you get into oil rig welding, take a close look at how much an oil rig welder makes. Also, we’ll tell you what factors affect their salary.

Average Oil Rig Welder Salary

Employment figures show that oil rig welding is one of the most in-demand jobs in the oil, natural gas, and energy fields.

The average salary for oil rig welders has shown an upward trend during peak periods in recent years. Well, we’ve broken down oil rig welders’ salary in an hour, a day, a week, and so on below.

How Much Does an Oil Rig Welder Make in an Hour?

The average hourly earnings of oil rig welders in the oil and gas industry are $37.60.

Average Daily Earnings

Oil rig welders can make $290 per day. But, it depends on the number of hours worked. Some oil rig welders work six months a year, some only three months. But, most oil rig welders work eight hours a day.

Average Weekly Salary

If oil rig welders work 40 hours a week, they will earn $1,483 per week according to the US Bureau of Labor Statistics.

Average Monthly Salary for Oil Rig Welders

Every month, oil rig welders make an average of $6430.

How Much Does an Oil Rig Welder Make in a Year?

The BLS estimates that there are about 230,000 welders in the US, of which 82,400 are oil rig welders. Oil rig welders make $77,160 a year.

How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (2)

Who Is an Oil Rig Welder?

An oil rig welder (also known as a welder for offshore structures) is a type of welder who works offshore, particularly on offshore oil platforms. Oil rigs are large, floating structures. Oil rig welders are employed on these structures.

Their job is to repair and weld up holes on offshore oil rigs. Offshore welders use underwater welding equipment like ROVs (Remotely Operated Vehicles) to perform their work.

The job of an oil rig welder isn’t for everyone. Offshore oil rigs (unlike onshore platforms) aren’t enclosed. They work outdoors, which exposes them to the weather elements. Also, oil rig welders have to work during the night and at odd hours.

Best-Paying Cities for Oil Rig Welders in the US

Oil Rig welders are some of the highest-paid welders in the oil field. According to the Bureau of Labor Statistics, the median pay for oil rig welders is $50,330 this year. It can be considerably higher in areas where there’s a high concentration of oil drilling jobs.

These oil rig welders can make six-figure salaries. Some of these best-paying cities for oil rig welders will surprise you. Check them out.

CITYAVERAGE SALARY (PER YEAR)AVERAGE SALARY (PER HOUR)
Santa Monica (California)$89,802$43.17
Berkeley (California)$89,124$42.85
Lowell (Massachusetts)$88,090$42.35
Renton (Washington)$89,510$43.03
Daly City (California)$88,873$42.73
San Mateo (California)$92,449$44.45
Newark (New Jersey)$86,716$41.69
Richmond (Virginia)$86,943$41.80
Springfield (Oregon)$86,132$41.41
Boston (Massachusetts)$90,987$43.74
How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (3)

Average Oil Rig Welder’s Salary by Experience

Oil rig welding careers range from entry-level or unskilled to experienced and semi-skilled to skilled. Here, we look at an oil rig welder’s salary according to experience.

  • Top Earners – $132,500
  • 75th Percentile – $90,000
  • Average – $77,160
  • 25th Percentile – 40,000

Factors Affecting the Salary of an Oil Rig Welder

If you’re looking for a job as an oil rig welder, you might already know that the salary depends on various factors. These factors include years of experience, geographical location, employer, and many more.

Here’s an overview of what factors affect the salary of an oil rig welder. We’ll also tell you what you should keep in mind when trying to reach your goals.

1. Experience

The first thing that you want to look at when trying to figure out how much an oil rig welder makes is the experience level. If you’re applying for an entry-level position, the salary you make will be significantly less than if you were looking for a more senior-level welding position.

The reason isn’t only the pay rate. It’s also because an employer wants someone who has several years of experience on their team. An oil rig welder with little or no experience will command a lower salary than one who has accumulated many years working in the field.

How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (4)

2. Certifications

You should have certifications if you want to work as an oil rig welder. It ensures that you’re safe working on an oil rig while following all the necessary safety regulations. The more training you have, the more money you will make.

A certified oil rig welder will get more job opportunities than a non-certified welder. Also, it’ll command a higher salary on the job market. Welding certifications give people added value to their work. It demonstrates that you’re certified in your field of work and displays your skills, knowledge, and profession to the world.

Certification means you have acquired knowledge on a specific topic. You’ll earn a certificate by passing examinations put forth by several authority bodies. For example, the American Welding Society (AWS) offers certification for welding positions.

3. Location

The location where the oil rig is situated determines the salary that an oil rig welder gets. The greater the oil rig activity of that location, the higher the salary of an oil rig welder is.

For instance, an offshore oil rig is located at sea. It’ll necessitate a salary of around 10% more than a land-based one, given the additional cost of living expenses. The cost of living in some locations is higher than others, and this will affect an oil rig welder’s overall income.

How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (5)

4. Employer

Employers who hire oil rig welders have a massive impact on what the welder makes because oil rig welding is a specialized skill. For example, a company that hires a welder for a new drilling platform will pay more compared to a company hiring an oil rig welder to replace an old piece of equipment.

You can have the same qualifications as any other oil rig welder but if you’re employed by a company that pays higher wages, you’re also likely to earn more income. It’s true when it comes to working in the oil industry. The larger well-known companies have better-paying oil rig welding jobs.

Do Oil Rig Welders Receive Bonuses and Benefits?

No! Oil rig welders don’t receive bonuses or benefits, such as health insurance and retirement because their jobs are subcontracted. Also, they don’t have payroll deductions.

Final Thoughts

If you’re a welder looking for a new career, one of the most sought-after jobs right now is that of an oil rig welder. Whether you’re just getting started or have many years of experience under your belt, oil rig welding can be a fun and lucrative career.

Usually, oil rig welders work on an offshore oil rig for 12 to 18 months at a time. As an oil rig welder, you may also need to travel to different offshore oil rigs depending on the project you are working on. Generally, the pay is also good as seen above.

Featured Image Credit: somkhuanfoto, Shutterstock

How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders (2024)

FAQs

How Much Do Oil Rig Welders Make? 2024 Salary Statistics | WaterWelders? ›

Welder Pay & Benefits

But welders who work offshore on an oil rig may start out as high as $60,000 annually, earning $100,000 or more after a few years. The American Welding Society reports that experienced underwater welders may earn $100,000 to $200,000 per year.

How much does a welder on an oil rig make? ›

Welder Pay & Benefits

But welders who work offshore on an oil rig may start out as high as $60,000 annually, earning $100,000 or more after a few years. The American Welding Society reports that experienced underwater welders may earn $100,000 to $200,000 per year.

Can welders make $100,000? ›

Welding Engineer

Pay Range: $100K - $117K Benefits: Medical, Dental, Vision Relocation Assistance provided for the ...

Do underwater welders make $100 an hour? ›

For beginners, the pay can range from $20 to $30 per hour, while experienced professionals typically earn an average of $40 to $60 per hour. For specialized and demanding assignments like deep-sea welding or working in remote and challenging locations, hourly rates may surpass $100.

Where do rig welders make the most money? ›

What are Top 10 Highest Paying Cities for Rig Welder Jobs
CityAnnual SalaryMonthly Pay
Arlington, VA$121,666$10,138
Kent, WA$118,423$9,868
Vacaville, CA$117,886$9,823
Manhattan, NY$116,703$9,725
6 more rows

Who is the highest paid welder? ›

Rig welders are some of the highest-paid welders, averaging about $77,000 per year, but they often work long hours under challenging conditions.

What is the highest paid welder? ›

The highest paying welder jobs are in industrial construction. Pipe welders, tube welders, rig welders, underwater welders and combo welders are the highest paid of all welding jobs. The type of welding is important and so is the industry. The top welder salary can be over $200,000 per year in industrial construction.

Can you be a millionaire as a welder? ›

Certified welder jobs won't immediately render you a millionaire the minute you start doing it. This profession would take hours of dedicated labor plus continuous efforts to achieve a solid living. Aside from that, admitted professionals can expect to make approximately $50,000 per year in general.

Can a welder make 7 figures? ›

We all see the welding school advertisem*nts: Make Over $100,000 As a Welder! And while it's true that skilled welders are among the most sought-after workers in the job market, the average welder is bringing in $48,000 per year, a far cry from six figures.

Can you make 6 figures in welding? ›

Yes, Welders can indeed make six-figure incomes, but it typically requires a combination of factors.

Is $65 an hour good? ›

Finding a job that pays $65 an hour may sound difficult. That kind of salary — $135,200 and up — has typically been considered an income for bigwigs, or at least those on the way to very big things.

How to make $50 per hour? ›

10 jobs that pay $50 an hour (or more)
  1. Administrative officer. Average salary: $55.60 per hour. ...
  2. Air traffic controller. Average salary: $62.90 per hour. ...
  3. Health services manager. Average salary: $61.55 per hour. ...
  4. Software developer. ...
  5. Mining engineer. ...
  6. Biological scientist. ...
  7. Geologist. ...
  8. Physician assistant.

What jobs pay 1million a year? ›

To make $1 million per year, you'll need to be one of the best in the world as a:
  • Entrepreneur.
  • Entertainer.
  • Law Firm Partner.
  • Pro Athlete.
  • Hedge Fund Manager.
  • Real Estate Agent.
  • Software Developer.
  • E-commerce Business Owner.
Apr 10, 2024

What is the world's highest paying job? ›

Details on the Top 5 Highest Paying Jobs in the World
  1. Chief Executive Officer (CEO) Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. ...
  2. Anesthesiologist. ...
  3. General Surgeons. ...
  4. Psychiatrist. ...
  5. Data Scientists.

Why are welders so highly paid? ›

Since every industry needs to progress, every individual working in an industry will need to accustom themselves to high-end customized materials. Thus, by using specialized and sophisticated equipment, one may increase the overall productivity of a particular industry.

What is a nuclear welder? ›

As a nuclear welder, your job is to weld pipes and equipment in places with nuclear components, though those components may not be present when you do your part of the job.

What is the highest paying job on a oil rig? ›

Highest-Paying Job Roles In Oil And Gas
  1. Chief Operating Officer (COO) Average Salary: $832,181. ...
  2. Chief Financial Officer (CFO) Average Salary: $439,441. ...
  3. Drilling Manager. Average Salary: $143,953. ...
  4. Operations Manager. Average Salary: $139,500. ...
  5. Supply Chain Manager. Average Salary: $122,265. ...
  6. Project Manager. ...
  7. Commercial Manager.

What is the death rate for welding on oil rigs? ›

Underwater welders typically work on offshore oil rigs and offshore pipelines when they are in need of repair. While the work can be very profitable, it can be argued that it's the most dangerous job in the country. In fact, underwater welders have the highest fatality rate of any occupation—15%!

How many hours do oil rig welders work? ›

Long working hours: Typical work hours are 12 hour shifts, 7 days a week while you are on the job.

How long do oil rig welders work? ›

Oil rig work environment

Oil drilling often goes through the night, and professionals in this field may work rotating 12-hour shifts. For example, they might work for 12 hours and then rest for 12 hours.

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