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Derrickhand salary in Singapore

Average Yearly Salary of Derrickhand in Singapore is approximately 138,413 SGD (69,172 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 Derrickhand do?

occupation personasA derrickhand is an essential role within the oil and gas industry, particularly in drilling operations. They work on drilling rigs and are responsible for the smooth and efficient operation of the derrick, which is the large steel structure used to support drilling equipment. Derrickhands work alongside the driller and are involved in various tasks, including assembling and disassembling drilling equipment, operating the hoisting system, and maintaining the derrick's stability during drilling operations. They also assist in the running and retrieval of drill pipes and other tools, as well as performing routine maintenance and repairs.

Skills: derrickhand, drilling operations, oil and gas industry, drilling rigs, hoisting system, drill pipe retrieval, equipment maintenance.
Job industry: Oil and gas


How much does Derrickhand make?

Salary details
How much does Derrickhand make?
Estimated Yearly Salary: 138,413 SGD
Estimated Monthly Salary: 11,534 SGD
Estimated Weekly Salary: 2,662 SGD per week
Estimated Hourly Salary: 67 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 133,312 SGD
Estimated Monthly Salary: 11,109 SGD
Estimated Weekly Salary: 2,564 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Last revision of data: 2024-01-07



Derrickhand estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 69,172 USD
Estimated Monthly Salary: 5,764 USD
Estimated Weekly Salary: 1,330 USD per week
Estimated Hourly Salary: 33 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.

Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Derrickhand job salary compared to average salary in Singapore.
Comparison shows that a person working as Derrickhand in Singapore earns on average:
1.45 times the average salary (or 145% of average salary).

Is Derrickhand a well paid job?

Yes, our data shows that Derrickhand is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Derrickhand?

High salary for Derrickhand would be somewhere between 152,254 SGD and 200,699 SGD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Derrickhand in Singapore?

Living in Singapore the approximate monthly expenses are: 2,688 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: 138,413 SGD
Estimated Monthly Salary: 11,534 SGD
Estimated Weekly Salary: 2,662 SGD per week
Estimated Hourly Salary: 67 SGD per hour
By working as Derrickhand a person can save up to 3,076 USD per month or 36,916 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 Singapore, see costs of living in Singapore.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Malaysia, Indonesia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Derrickhand

Malaysia is 18,305 USDdown arrow 74%
Details on Derrickhand salary in Malaysia
Indonesia is 10,843 USDdown arrow 84%
Details on Derrickhand salary in Indonesia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Singapore

(1,400,313 SGD per year, pre-tax.)
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)

Data as of 2025

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This website presents salary data for informational purposes only. We attempt to provide accurate figures, but do not guarantee their precision. Users are urged to check official sources before making financial decisions. Salary amounts can vary due to geographic location, experience, and industry trends. We accept no responsibility for inconsistencies in the salary data provided. Your continued use with this site confirms agreement of this policy.