Landmen

Landmen are hired by oil and gas companies to research and negotiate rights to lands that contain oil and minerals. Companies must secure ownership rights before they can begin drilling the land for oil, gas, or minerals. Landmen negotiate the ownership and leasing of lands by landowners, communicating the oil and gas companies' terms and securing agreement by both parties. There are field landmen and company landmen. Field landmen are hired by brokers to work as independent contractors on projects. Company landmen are employed by oil and gas companies. The market research group IBISWorld reports that the oil drilling and gas extraction industry in the United States is a $413 billion business. Growing interest in other energy resources has started to open other areas of employment for landmen, including electricity, wind energy, and solar energy. Landmen also work for telecommunications companies, financial institutions, and local municipalities.

Salary Range

$50,000 to $100,000+

Minimum Education Level

High School Diploma

Certification/License

Recommended

Outlook

About as Fast as the Average

Personality Traits

Enterprising

Outgoing

Problem-Solving

Career Ladder

Senior Landman

Landman

Associate Landman

Internship