Home > Salary > Iceland > Drilling Engineering Manager
A drilling engineering manager is responsible for overseeing and managing the drilling operations within an organization. They are in charge of planning, coordinating, and executing drilling activities to ensure efficient and safe operations. The role involves designing and implementing drilling programs, analyzing drilling data, and providing technical expertise to optimize drilling processes. The drilling engineering manager is also responsible for managing a team of engineers and technicians, ensuring compliance with industry regulations, and collaborating with other departments to achieve operational goals.
Estimated Yearly Salary: 23,048,371 ISK
Estimated Monthly Salary: 1,920,698 ISK
Estimated Weekly Salary: 443,238 ISK per week
Estimated Hourly Salary: 11,081 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,860,859 ISK
Estimated Weekly Salary: 429,429 ISK per week
Estimated Hourly Salary: 10,736 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 161,514 USD
Estimated Monthly Salary: 13,460 USD
Estimated Weekly Salary: 3,106 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 23,048,371 ISK
Estimated Monthly Salary: 1,920,698 ISK
Estimated Weekly Salary: 443,238 ISK per week
Estimated Hourly Salary: 11,081 ISK per hour
By working as Drilling Engineering Manager a person can save up to 10,731 USD per month or 128,768 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Drilling Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Mortgage originator (9,357,491 ISK per year, pre-tax.)
Investor relations manager (13,693,219 ISK per year, pre-tax.)
Biology aide (4,902,930 ISK per year, pre-tax.)
Lyricist (7,875,860 ISK per year, pre-tax.)
Machine shop supervisor (10,101,806 ISK per year, pre-tax.)
Drilling Engineering Manager salary in Iceland
Average Yearly Salary of Drilling Engineering Manager in Iceland is approximately 23,048,371 ISK (161,514 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Drilling Engineering Manager do?
A drilling engineering manager is responsible for overseeing and managing the drilling operations within an organization. They are in charge of planning, coordinating, and executing drilling activities to ensure efficient and safe operations. The role involves designing and implementing drilling programs, analyzing drilling data, and providing technical expertise to optimize drilling processes. The drilling engineering manager is also responsible for managing a team of engineers and technicians, ensuring compliance with industry regulations, and collaborating with other departments to achieve operational goals.
Skills: Drilling engineering, Operations management, Technical expertise, Team leadership, Risk assessment, Compliance.
Job industry: Oil and gas
Job industry: Oil and gas
How much does Drilling Engineering Manager make?
Salary details
How much does Drilling Engineering Manager make?Estimated Yearly Salary: 23,048,371 ISK
Estimated Monthly Salary: 1,920,698 ISK
Estimated Weekly Salary: 443,238 ISK per week
Estimated Hourly Salary: 11,081 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 22,330,308 ISKEstimated Monthly Salary: 1,860,859 ISK
Estimated Weekly Salary: 429,429 ISK per week
Estimated Hourly Salary: 10,736 ISK per hour
Last revision of data: 2024-01-07Drilling Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 161,514 USD
Estimated Monthly Salary: 13,460 USD
Estimated Weekly Salary: 3,106 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Drilling Engineering Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Drilling Engineering Manager in Iceland earns on average:
2.58 times the average salary (or 258% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Drilling Engineering Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Drilling Engineering Manager in Iceland earns on average:
2.58 times the average salary (or 258% of average salary).
Is Drilling Engineering Manager a well paid job?
Yes, our data show that Drilling Engineering Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Drilling Engineering Manager?
High salary for Drilling Engineering Manager would be somewhere between 25,353,208 ISK and 33,420,138 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Drilling Engineering Manager in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 23,048,371 ISK
Estimated Monthly Salary: 1,920,698 ISK
Estimated Weekly Salary: 443,238 ISK per week
Estimated Hourly Salary: 11,081 ISK per hour
By working as Drilling Engineering Manager a person can save up to 10,731 USD per month or 128,768 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Drilling Engineering Manager
Norway is 226,487 USD
United Kingdom is 106,369 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Mortgage originator (9,357,491 ISK per year, pre-tax.)
Investor relations manager (13,693,219 ISK per year, pre-tax.)
Biology aide (4,902,930 ISK per year, pre-tax.)
Lyricist (7,875,860 ISK per year, pre-tax.)
Machine shop supervisor (10,101,806 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iceland&job=drilling-engineering-manager'><img src='https://optisalary.com/wp-content/graphs/salary/drilling-engineering-manager-salary-in-iceland-2025.jpg' alt='drilling engineering manager salary in iceland 2025' title='drilling engineering manager salary in iceland 2025' /></a>
Please note:optisalary.com aggregates salary data for reference use only.
The salary figures presented here are meant for reference purposes only. While we strive to ensure correctness, we do not guarantee every estimate is flawless. Users are advised to confirm salary details with official sources before making critical financial choices. Salary ranges may change due to economic shifts, demand variations, and regional factors. We deny responsibility for errors in the compensation data displayed.
Salary details presented on this website are intended for reference purposes only. Our data comes from various inputs and may not necessarily be accurate. Users should verify salary information independently before making financial commitments. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the data provided is error-free. By using this website, you agree that salary information is presented 'as is' and without warranties.