Meridian Basin Resources
Jul 26 closed month
generated 06 Aug 2026 07:32 UTC
Demonstration. A fictional operator. Every number below is generated. Read-only — nothing here writes anywhere.

People, pay and safety

207 people · $32.0M a year fully loaded

Headcount
207
122 staff · 85 contract
Labour cost
$2.7M/mo
$32.0M annualised
Cost per barrel
$1.43/BOE
the only fair way to size an organisation
TRIR
0.93
benchmark 0.98

Headcount by function

Field Operations9554 staff · 41 contractDrilling & Completions4518 staff · 27 contractProduction Engineering2014 staff · 6 contractHSE & Regulatory139 staff · 4 contractLand & Marketing1311 staff · 2 contractFinance, IT & Admin2116 staff · 5 contract

Staff and contract

Employees: 58.9%Contractors: 41.1%207people
Employees 122 Contractors 85
41% contract. A high contract share is flexible when activity drops and expensive when it does not — which is why it belongs next to the rig schedule, not in an HR report on its own.

Fully loaded cost by function

Field Operations$12M$0.56/BOEDrilling & Completions$9M$0.39/BOEProduction Engineering$4M$0.16/BOEFinance, IT & Admin$3M$0.14/BOELand & Marketing$2M$0.10/BOEHSE & Regulatory$2M$0.09/BOE
Employees carry a 31% burden for payroll taxes, insurance and retirement, plus overtime actually worked. Contractors bill a higher rate with no burden. Both are included, because comparing a salary line to a contractor invoice is how organisations talk themselves into the more expensive option.

By department

FunctionStaffContract Contract %Avg baseOvertime Annual cost$/BOETurnover Open
Field Operations 54 41 43% $96,400 11.8% $12.5M $0.56 14.0% 1
Drilling & Completions 18 27 60% $148,200 6.2% $8.6M $0.39 12.1% 2
Production Engineering 14 6 30% $139,800 2.1% $3.6M $0.16 6.8% 3
HSE & Regulatory 9 4 31% $112,600 3.4% $1.9M $0.09 8.9% 3
Land & Marketing 11 2 15% $127,300 0.8% $2.2M $0.10 13.2% 1
Finance, IT & Admin 16 5 24% $118,900 0.5% $3.2M $0.14 9.1% 4
Total 122 85 41% $32.0M $1.43 12.0% 14
8,989 net barrels per person per month. Field Operations carries the highest overtime because pumper routes do not stop for weekends — and overtime, not headcount, is usually the first sign a route needs splitting.

Safety

TRIR, trailing 12 months
0.93
Days since lost time
64
Against the 0.98 industry benchmark (the marker). TRIR is recordable incidents times 200,000 divided by hours worked — 200,000 being one hundred people working a forty-hour year. The denominator is a payroll number, which is why safety reporting needs the HR system and stalls without it.
MonthHoursRecordable Near missSpill (bbl)
Aug 26 to date 6,931 0 6 2.5
Jul 26 35,811 0 6
Jun 26 35,811 0 7 5.9
May 26 35,811 0 7
Apr 26 35,811 0 11
Mar 26 35,811 0 11
Feb 26 35,811 0 5 1.1
Jan 26 35,811 1 10
Dec 25 35,811 1 6
Nov 25 35,811 0 4
Oct 25 35,811 0 4
Sep 25 35,811 0 3
Aug 25 35,811 0 11 9.5

Emissions and water

0.76%
of produced gas flared, trailing 12 months · target 0.75%
241 MMcf flared against 31.9 Bcf produced. Flaring is both an emissions number and a revenue number — every Mcf burned is a Mcf not sold, which is the argument that actually moves capital toward takeaway infrastructure.
FieldFlare intensity vs target
Rimrock North1.89% over
Mesquite Ridge0.61% under
Sagebrush Flats0.60% under
Antelope Draw0.60% under
Cottonwood Bend0.59% under
61% of produced water is recycled into completions rather than disposed. Disposal is a cost line on the Production page; recycling moves it.