Offshore oil rig crane operator pay is typically day-rate based. Median market pay sits around $640 per day, which annualizes to about $117,500 on a 14/14 or 21/21 rotation (roughly 183 paid days per ...

U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels. The oil and gas industry is not expected to see job growth, and wages are ...

Equal-time rotations (e.g., 14/14 or 28/28) work about 182 days per year. We use: $Annualized \approx Day\ Rate \times 182$ and $Hourly \approx Day\ Rate \div 12 ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke to ...