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Stromile Swift
LSU Fan
Houston
Member since Sep 2003
43174 posts

re: Landman advice


If you have inspirations of going in-house one day, one of the following degrees would be helpful: PLM/Energy Management bachelors degree, JD or MBA.

I started working in the field and earned my MBA from LSU. I then began working with a private E&P company as an in-house landman in Houston. I just recently accepted an in-house position with Anadarko Petroleum. I will admit, connections mean everything in this business. I know a ton of field landman that aspire to move in-house but most of them won't get the opportunity.






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Lsuhoohoo
LA-Lafayette Fan
University of Louisiana Ragin Cajun
Member since Sep 2007
28160 posts

re: Landman advice


How long did you work field/in-house before you scored the gig with Andarko? Also, I guess one of my concerns would be job security. You have any input on that aspect?





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DMM4056
New Orleans Saints Fan
OKC
Member since Nov 2010
4 posts

re: Landman advice


If you are seriously looking to go the in house route, a PLRM degree from ULL will not do a great deal of good unless you have connections already. I graduated from there with the PLRM degree and at the time only one major E&P was recruiting for internships and that company is not longer recruiting there. Almost every person I graduated with is still an independent.

It's nearly impossible to get on with an E&P out of school without an internship with that company.






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TClayboy99
LSU Fan
in the woods...
Member since Dec 2007
20378 posts

re: Landman advice


quote:

Or you could be stuck at home doing curative for 8 months


Just wrapped up a gig with EXCO doing this from my couch. Easiest landman job I've had so far as far as dealing with people who know what's going on and not having to pressure people to "sign"... but like all jobs in the field no project last forever. I cut my teeth doing seismic permitting all over LA and TX, and about to start on a new one since the curative work wrapped up.

To the OP, the best way to get in is when a new play bust off and they'll hire any warm body that walks through the door and can carry on a conversation.

Anybody can learn to run title in 30 minutes but it takes OCD like attention to detail and repetition to be "good" at it.






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LSUGUMBO
New Orleans Saints Fan
Shreveport, LA
Member since Sep 2005
4664 posts

re: Landman advice


quote:

I don't mind traveling for 5 or so years out of college. Just wondering what my possibilities would be with experience in the field and wanting to stay in one area for awhile.


As a field landsman, you go where the work takes you. I've been in the business for 7 years and have never had to travel, but I have a feeling that's about to end, as I've been put on a curative project in W. Texas recently.

In the current economic climate, between the glut of experienced landsmen looking for work and the lack of new leasing/drilling going on (at least around NLA), prepare to be without work for a little while. Many companies aren't training new landsmen right now.

Good luck.






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Stromile Swift
LSU Fan
Houston
Member since Sep 2003
43174 posts

re: Landman advice


I had a couple years of field experience and 4 years in-house before going to Anadarko. I also had an offer from Conoco and Shell but I preferred the feel of working for an independnent. We recruit the PLM/Energy Management schools pretty hard but ULL isn't one of them. From what I've gathered, the majors love recruiting the Energy Management kids from OU. I work with a ton of then at my current job. We also hire a ton of attorneys from various schools. There is currently a need for 5-10 year in-house guys but not really for inexperienced ones.


This post was edited on 3/1 at 7:27 am


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cwill
New Orleans Saints Fan
Member since Jan 2005
22815 posts

re: Landman advice


OU and Texas Tech are the primary PLM schools...to the guy who started this thread, ignore the advice about not getting a PLM and working for Suncoast in their office isn't in-house.

Your goal should be to go in-house as the work is infinitely more reliable and steady and you aren't stuck out in BFE for months at a time (though that can be fun when you're young, just out of college).

Get a PLM, preferably at TT or OU...or get your JD.

And to all the field guys, I'd highly recommend getting in-house due diligence experience...the shale leasing boom and abstracting boom is winding down...acquisitions and mergers should dominate the next several years.






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Beamstain
LSU Fan
Houston
Member since Jun 2008
194 posts

re: Landman advice


Stro, please send me an email at chasinoil@yahoo.com. Got my CPL this past year and looking for my next project, thanks man.





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theOG
Oklahoma Fan
Member since Feb 2010
3960 posts

re: Landman advice


i really wish i would have gotten an energy management degree instead of a construction science degree from OU. i do have my JD from Tulane though.

i've been looking for landman work for a while and haven't had a whole lot of luck. i'm being picky though bc i'd like to be within a reasonable commute from new orleans.






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cwill
New Orleans Saints Fan
Member since Jan 2005
22815 posts

re: Landman advice


quote:

i'm being picky though bc i'd like to be within a reasonable commute from new orleans.


Then you're not serious about doing land work or completely unaware of the terrain.



This post was edited on 3/3 at 8:38 am


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CP3LSU25
LSU Fan
Lafayette
Member since Feb 2009
34357 posts

re: Landman advice


It would be nice to have long term work in Louisiana.

What is everyone day rate going for if you have around 4 years experience.






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LSUGUMBO
New Orleans Saints Fan
Shreveport, LA
Member since Sep 2005
4664 posts

re: Landman advice


quote:

What is everyone day rate going for if you have around 4 years experience.


Experience doing what? Abstracting, leasing, title searches, due diligence? If you can do it all, then I would say between $275-350/day depending on the broker and the area you're working.






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