Derrick Operator, Oil and Gas Salary Information in Colorado

The average annual and hourly salaries for derrick operators, oil and gas in the state of Colorado are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of derrick operators, oil and gas amongst Colorado cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Derrick Operators, Oil and Gas in Colorado

Percentile BracketAverage Annual Salary
10th Percentile Wage
$37,880
25th Percentile Wage
$43,720
50th Percentile Wage
$50,130
75th Percentile Wage
$59,210
90th Percentile Wage
$66,810

Table 1 shows the average annual salary for derrick operators, oil and gas in Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $66,810. The median (50th percentile) annual salary is $50,130. The average annual salary for the bottom 10 percent is $37,880.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of derrick operators, oil and gas from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$50,130
15.40% -3.29%
2016
$42,410
6.51% -
2015
$39,650
-11.07% -
2014
$44,040
-12.83% -
2013
$49,690
-4.21% -
2012
$51,780
- -

Table 3. Median Annual Salary of Derrick Operators, Oil and Gas in Colorado Cities

Table 3 shows the median annual salary of derrick operators, oil and gas in some Colorado cities and metropolitan areas. We note that the median annual salary of derrick operators, oil and gas in state of Colorado ranges from $37,850 to $50,030. The highest paying area for derrick operators, oil and gas in Colorado is East and South Colorado nonmetropolitan area with a median annual salary of $50,030. The lowest paying area is Greeley with a median annual salary of $37,850.

Cities/Areas Median Annual Salary
East and South Colorado nonmetropolitan area
$50,030
Greeley
$37,850




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