The 70's were glory days in the oil field - plentiful jobs and lots of money. My first husband's family had an oilfield contracting company. He was making
+/- $300,000/year in the late 70's. His parents were earning 1 million dollars/year each. Remember this was the 70's when $16,000 was average and $20,000 was considered a fairly good salary. Most of their employees were earning in the high 40's - $50,000 and that was on 7/7, 14/7 schedules.
The 70's were glory days in the oil field - plentiful jobs and lots of money. My first husband's family had an oilfield contracting company. He was making
+/- $300,000/year in the late 70's. His parents were earning 1 million dollars/year each. Remember this was the 70's when $16,000 was average and $20,000 was considered a fairly good salary. Most of their employees were earning in the high 40's - $50,000 and that was on 7/7, 14/7 schedules.