November 01, 2018


Anticipated Executive Compensation Actions – Oilfield Services & Drilling

This summary reports on anticipated executive compensation actions affecting oilfield services and drilling companies. It provides current and expected trends within the market as companies consider adjustments to executive pay. Based on our intel, base salary adjustments will be prevalent this year which is an indication of improving market conditions and outlook. However, the fact that 50% of companies expect to pay below target bonuses for 2018 is a reminder that pricing pressures and other conditions have not yet allowed oilfield services and drilling companies to fully experience the oil & gas recovery.