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Average Salary for Concho Resources Employees

Concho Resources hands out hefty paychecks which often rise above six figures — average yearly compensation amounts to $101K. This synopsis is derived from the responses of individuals who took PayScale's salary survey.

How This Employer Pays

Concho Resources typically pays:
above market

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Employer: Concho Resources
Average Salary Range by Job
Years Experience
National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
20 years or more
6 salaries
$68,476 - $139,331  
Country: United States | Currency: USD | Updated: 17 Dec 2014 | Individuals Reporting: 15
United States (change)

Concho Resources Details

Midland, Texas

Oil & Gas Exploration

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Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Staying at the company for five to ten years brings notable financial rewards; the average income in this window is around $83K per year. Between the one and five year mark, pay is typically approximately $55K. On the whole, the greater proportion of employees (33 percent) have a tenure of 20 years or more and bring home $91K annually.


By state, Concho Resources pays its New Mexico employees the most; the pay rate there is $88K per year.

Certifications and Degrees

Concho Resources compensates Master of Science (MS), Geology-holders the most at $185K annually.


In this position, it pays to have Microsoft Word in your toolkit; employees who claim proficiency enjoy a higher median salary of about $121K. A common skill in Concho Resources' work force is Project Management; more than a third of survey participants report using it on the job.

Benefits and Perks

Nearly all workers save for retirement through Concho Resources' 401(k) plan. For almost all employees, benefits include health insurance, and the vast majority of workers get dental coverage, too. Employees can also look forward to a subsidized cell phone, stock options, optional telecommute / work from home, company car / automobile, and a casual working environment.

Key Stats

33 %
67 %
$70,000 - $115,000
1-4 years
5-9 years
10-19 years
20 years or more
Highly satisfied
Rated 4 out of 5
based on 3 votes.

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