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Message
re: Working as a landman
Posted on 10/12/17 at 9:23 pm to Collegedropout
Posted on 10/12/17 at 9:23 pm to Collegedropout
quote:
I don't want to spend my life driving around South or West Texas (or Appalachia) so eventually I would like to go "in-house"
Good luck buddy. I’m an in-house landman and I can tell you that there is a gigantic difference between field landmen and in-house landmen. The field landmen that make the jump to in-house is probably less than 5% especially considering several universities are now offering Petroleum Land Management degrees and most companies choose to bring in these grads and train them under the wing of their senior guys.
I feel your pain though. I made the jump from field to in-house and the responsibilities are entirely different. I had to hunt for well over 3 years before I landed an in-house gig.
In-house landmen don’t run title, etc. like field guys. The majority of an in-house responsibility is to negotiate drill sites and facilities, prepare contract documents, some leasing, and the development of those leases all the way from barren land to actual production from a well.
2
Posted on 10/12/17 at 10:46 pm to TXGunslinger10
What are the best in house jobs that translate? Land tech, land admin, DO/title/lease analyst all good?
Posted on 10/12/17 at 11:03 pm to Collegedropout
You could probably find an “in” through land administration but just know it’s mostly a job centered around data and records management.
Techs are your grunts. Not fun work. But not a bad start If you have no experience.
If you like field landman work, I’d stay away from division order analyst work. Decimals, production, suspense, royalty relations...it can suck majorly.
Lease analyst work isn’t bad but you’ll be expected to know how to interpret documents and oversee the files & data system records & payments surrounding those leases & contracts.
My best advice is join the national association. (AAPL or NALTA). And take some kind of class or certification program towards whatever you decide.
Techs are your grunts. Not fun work. But not a bad start If you have no experience.
If you like field landman work, I’d stay away from division order analyst work. Decimals, production, suspense, royalty relations...it can suck majorly.
Lease analyst work isn’t bad but you’ll be expected to know how to interpret documents and oversee the files & data system records & payments surrounding those leases & contracts.
My best advice is join the national association. (AAPL or NALTA). And take some kind of class or certification program towards whatever you decide.
Posted on 10/13/17 at 9:08 am to Collegedropout
I am currently in the process of trying to lockdown a landman job. I have JD but zero experience as a landman, analyst, etc. Recently moved to Houston and I am headed out to Midland on Sunday for a 3-4 week temporary landman position. Hoping it will lead to something permanent. I've been using the landman.org career page to find and apply for jobs.
Posted on 10/13/17 at 9:11 am to bostongeorge32
Let me know how it goes.
Posted on 10/13/17 at 9:41 am to TXGunslinger10
I'm fighting that in house move right now. I've been in the field for 19 years and supervising the last 11 but I have a 7 year old so I will have to settle down soon. I hate to give up the money and the freedom.
Posted on 10/13/17 at 9:49 am to Collegedropout
Will do. If anyone has advice for me while out in Midland. I'll hang up and listen. Hoping this temp job leads to something permanent. Definitely willing to put in my time working out in Midland with hopes of eventually going in house as yall were saying and getting back to a big city (Houston, Dallas, Austin, Denver. etc.)
Posted on 10/13/17 at 10:07 am to bostongeorge32
My only midland advice is to get out and embrace it. George HW Bush and countless other smart people have moved there in search of their fortunes. Network your arse off.
Hang out at the Polo Club (an actual polo club) if you can, drink at the Blue Door (the door is really blue), eat at Cancun (not really in Cancun) downtown. Wall St. steaks suck. The Bar is good.
Hang out at the Polo Club (an actual polo club) if you can, drink at the Blue Door (the door is really blue), eat at Cancun (not really in Cancun) downtown. Wall St. steaks suck. The Bar is good.
This post was edited on 10/13/17 at 10:21 am
Posted on 10/13/17 at 10:20 am to Collegedropout
quote:
I would like to try to make 200k a year one day
we all would Posted on 10/13/17 at 11:38 am to Collegedropout
quote:
What would be my options if I got my JD? Would I have a shot in going directly in-house?
Yes, you absolutely would, but it is risky. If you are 18-20 and starting out then MAYBE consider a 4 yr PLM degree. That is risky too if you are geographically limited and oil prices are still low. I'm not sure what other professional jobs you can get with a PLM, if not a landman. Be careful about those offering a one year PLM "degree".
It may well be a certificate. I interviewed a guy with a certificate the other day, and it just doesn't compete as well as the 4 yr PLM or JD.
Someone else was right though that if you have a JD and apply for landman jobs in-house or field SOME will peg you as an out of work lawyer who will jump the first chance they get. Whereas, others will peg you as someone who wants to be a landman and make just as much or more money than a lawyer and not have to put up with the billable hour.
Honestly, there is no surefire way of getting in/house landman job. I would've told you couple years ago that the only surefire way was having a senior staff mother or father in the industry, but I've even seen that not hold true since the fall of 2014 .
Posted on 10/13/17 at 11:39 am to Collegedropout
Yes it was.
Mostly that I had to live in Pecos Texas 3/4 of my time.
There is a lot of turnover in the industry. Its boring as hell. You do the same thing day in and day out. It never changes.
Mostly that I had to live in Pecos Texas 3/4 of my time.
There is a lot of turnover in the industry. Its boring as hell. You do the same thing day in and day out. It never changes.
Posted on 10/13/17 at 11:40 am to Collegedropout
I'm Mexican just not THAT Mexican.
Posted on 10/13/17 at 2:05 pm to tiger09
quote:
I would've told you couple years ago that the only surefire way was having a senior staff mother or father
Williams had layoffs a couple years ago. When executive parents were fired & they had kids at the company, both were let go. Brutal.
But nepotism is still by far the easiest way into the oil biz.
This post was edited on 10/14/17 at 9:29 am
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