A landman negotiates deals to draw up contracts and complete reports and project management in the gas and oil exploration industries. Their primary task is getting permission to drill new wells. A landman will draft contracts, negotiate deals with individuals and companies, and ensure they are within compliance of governmental regulations.
A landman must complete financial reporting and project management tasks. They scout areas that could hold oil or resources for drilling and once they have identified an area, they must negotiate a contract between the landowner and their employer. They pay special attention to the specifics concerning royalties and lease payments to a landowner. Their primary concern is the acquisition and maintenance of access to the right to use land for the extraction of natural resources including oil or gas. They are excellent negotiators and are fluent in all types of land transactions including farm ins, farm outs, and others. A landman needs a bachelor’s degree in land or resource management or related fields. Some also pursue certification.
Average Years of Experience
Common Skill Sets