Home > Salary > Sri Lanka > Derrickhand
A 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.
Estimated Yearly Salary: 1,992,765 LKR
Estimated Monthly Salary: 166,064 LKR
Estimated Weekly Salary: 38,322 LKR per week
Estimated Hourly Salary: 958 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 160,921 LKR
Estimated Weekly Salary: 37,136 LKR per week
Estimated Hourly Salary: 928 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,772 USD
Estimated Monthly Salary: 481 USD
Estimated Weekly Salary: 111 USD per week
Estimated Hourly Salary: 3 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: 1,992,765 LKR
Estimated Monthly Salary: 166,064 LKR
Estimated Weekly Salary: 38,322 LKR per week
Estimated Hourly Salary: 958 LKR per hour
By working as Derrickhand a person can save up to 257 USD per month or 3,079 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Derrickhand
Last revision of data: 2025-01-04
Data as of 2025
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Derrickhand salary in Sri Lanka
Average Yearly Salary of Derrickhand in Sri Lanka is approximately 1,992,765 LKR (5,772 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?
A 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
Job industry: Oil and gas
How much does Derrickhand make?
Salary details
How much does Derrickhand make?Estimated Yearly Salary: 1,992,765 LKR
Estimated Monthly Salary: 166,064 LKR
Estimated Weekly Salary: 38,322 LKR per week
Estimated Hourly Salary: 958 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,931,055 LKREstimated Monthly Salary: 160,921 LKR
Estimated Weekly Salary: 37,136 LKR per week
Estimated Hourly Salary: 928 LKR per hour
Last revision of data: 2024-01-03Derrickhand estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,772 USD
Estimated Monthly Salary: 481 USD
Estimated Weekly Salary: 111 USD per week
Estimated Hourly Salary: 3 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
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Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Derrickhand job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Derrickhand in Sri Lanka earns on average:
1.12 times the average salary (or 112% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Derrickhand job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Derrickhand in Sri Lanka earns on average:
1.12 times the average salary (or 112% of average salary).
Is Derrickhand a well paid job?
Yes, our data show that Derrickhand is an averagely well paid job that still allows for some yearly savings. 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 2,192,042 LKR and 2,889,509 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Derrickhand in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 1,992,765 LKR
Estimated Monthly Salary: 166,064 LKR
Estimated Weekly Salary: 38,322 LKR per week
Estimated Hourly Salary: 958 LKR per hour
By working as Derrickhand a person can save up to 257 USD per month or 3,079 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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
India is 22,942 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Janitorial supervisor (1,082,293 LKR per year, pre-tax.)
Talent management coordinator (1,824,873 LKR per year, pre-tax.)
Field service engineer electrical equipment (2,609,787 LKR per year, pre-tax.)
General management consultant (2,517,989 LKR per year, pre-tax.)
Concept artist (1,419,540 LKR per year, pre-tax.)
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Please note:This website offers salary insights for informational purposes only.
The salary figures presented here are meant for reference purposes solely. While we attempt to ensure accuracy, we cannot guarantee every estimate is flawless. Users should to confirm salary details with official authorities before making critical career choices. Salary ranges can change due to economic shifts, demand variations, and regional factors. We disclaim responsibility for inaccuracies in the compensation data displayed.
The salary data presented here are intended for reference purposes only. While we attempt to ensure correctness, we cannot guarantee every estimate is precise. Users should to research salary details with official sources before making important financial choices. Salary amounts may change due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.