Home > Salary > Iceland > Rig Manager
A rig manager is responsible for overseeing the operations and activities on an oil or gas drilling rig. They ensure that all drilling operations are carried out efficiently, safely, and in compliance with industry regulations. The rig manager coordinates with various departments, including drilling, maintenance, logistics, and safety, to ensure seamless operations. They supervise the rig crew, manage schedules, and allocate resources effectively. Rig managers also monitor drilling progress, analyze data, and make necessary adjustments to optimize productivity. Safety is a top priority for a rig manager, and they enforce strict adherence to safety protocols to prevent accidents and minimize risks. They are also responsible for maintaining equipment, managing budgets, and reporting to senior management.
Estimated Yearly Salary: 23,190,367 ISK
Estimated Monthly Salary: 1,932,531 ISK
Estimated Weekly Salary: 445,969 ISK per week
Estimated Hourly Salary: 11,149 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: 2024-01-09
Estimated Yearly Salary: 161,045 USD
Estimated Monthly Salary: 13,420 USD
Estimated Weekly Salary: 3,097 USD per week
Estimated Hourly Salary: 77 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 23,190,367 ISK
Estimated Monthly Salary: 1,932,531 ISK
Estimated Weekly Salary: 445,969 ISK per week
Estimated Hourly Salary: 11,149 ISK per hour
By working as Rig Manager a person can save up to 10,692 USD per month or 128,299 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 Rig Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Rig Manager salary in Iceland
Average Yearly Salary of Rig Manager in Iceland is approximately 23,190,367 ISK (161,045 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 Rig Manager do?
A rig manager is responsible for overseeing the operations and activities on an oil or gas drilling rig. They ensure that all drilling operations are carried out efficiently, safely, and in compliance with industry regulations. The rig manager coordinates with various departments, including drilling, maintenance, logistics, and safety, to ensure seamless operations. They supervise the rig crew, manage schedules, and allocate resources effectively. Rig managers also monitor drilling progress, analyze data, and make necessary adjustments to optimize productivity. Safety is a top priority for a rig manager, and they enforce strict adherence to safety protocols to prevent accidents and minimize risks. They are also responsible for maintaining equipment, managing budgets, and reporting to senior management.
Skills: Rig Manager, Oil and Gas, Drilling Operations, Safety Compliance, Resource Allocation, Data Analysis
Job industry: Oil and gas
Job industry: Oil and gas
How much does Rig Manager make?
Salary details
How much does Rig Manager make?Estimated Yearly Salary: 23,190,367 ISK
Estimated Monthly Salary: 1,932,531 ISK
Estimated Weekly Salary: 445,969 ISK per week
Estimated Hourly Salary: 11,149 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: 2024-01-09Rig Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 161,045 USD
Estimated Monthly Salary: 13,420 USD
Estimated Weekly Salary: 3,097 USD per week
Estimated Hourly Salary: 77 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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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 Rig Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Rig Manager in Iceland earns on average:
2.59 times the average salary (or 259% 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 Rig Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Rig Manager in Iceland earns on average:
2.59 times the average salary (or 259% of average salary).
Is Rig Manager a well paid job?
Yes, our data show that Rig 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 Rig Manager?
High salary for Rig Manager would be somewhere between 25,509,404 ISK and 33,626,032 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Rig 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: 23,190,367 ISK
Estimated Monthly Salary: 1,932,531 ISK
Estimated Weekly Salary: 445,969 ISK per week
Estimated Hourly Salary: 11,149 ISK per hour
By working as Rig Manager a person can save up to 10,692 USD per month or 128,299 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 Rig Manager
Norway is 226,648 USD
United Kingdom is 106,185 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:
Merchandising supervisor (5,848,414 ISK per year, pre-tax.)
Electronics engineer (15,205,905 ISK per year, pre-tax.)
Cnc laser operator (6,058,585 ISK per year, pre-tax.)
Obstetrician or gynecologist (44,915,440 ISK per year, pre-tax.)
Public health nurse (9,489,633 ISK per year, pre-tax.)
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