Whitney Smith Company is conducting the 2024 Permian Basin Oil and
Gas Compensation Survey. The survey is sponsored by the Permian Basin
Petroleum Association in order to bring an industry compensation survey to its
members, as well as to non-members in the Permian Basin oil and gas
community.
The survey will be available to all members, but only members
and non members who employ workers in an exploration and production
company or oil field service company may submit data to the survey. The survey
will cover only employees who work in the Permian Basin. Member and
nonmember companies who have offices outside the Permian Basin may
participate, but only the Permian Basin employees' compensation data should be
reported.
Each surveyed position will stratify salary data by high, low, mean, median, 25th
and 75th percentiles. Results will be reported in aggregate, as well as, by
company size groups when sufficient data is available. All data will be held in the
strictest of confidence. The 2024 survey will report annual base salary/hourly rates, annual bonus data,
long-term incentives and total annual compensation for approximately 90
positions.