Oil and gas landmen
The Work of an Oil and Gas Landman
In general, an Oil and Gas Landman is the person who examines land titles wherein the oil company is wants to drill a well. It is the Landman's job to rent the land from its owner in order for the well to be drilled. You can visit website here for more great tips!
After the Landman is being provided a map of the land that must be rented, they'll then head to the courthouse in the region or area where the land is found. The explanation behind them going to the courthouse is to ask for a list of landowners in the area. The courthouse can typically give the Landman the names as well as the addresses of these people providing a beginning stage for the Landman's exploration. The Landman should acquire the telephone numbers from a telephone directory, therefore on the off chance that they don't have one, they'll prefer the telephone company and then get one.
Even if majority of companies will verify whether the land is now rented, the Landman ought to begin here. They'll evaluate some of the huge land owners stated on the map so to ensure that the land is not rented. This should be possible by running the names in the movement books under their last name hoping to check whether a rent has been recorded. The moment the Landman has checked a few of the huge land owners and is sure there are no rents, they can then begin the renting procedure.
The initial order of business for such Landman in the wake of ensuring the land is not rented is to figure out who the real mineral owner. The mineral owner as well as land owner can likely be two entirely unexpected individuals and every Landman must check and also ensure that the land owner is really the owner of the minerals. This should be possible by running the land proprietors' name forward in the transport books to see who they acquired it from and ensuring the mineral rights were passed on in this exchange.
After that, it is then time to contact the mineral proprietor about acquiring a conceivable rent. Amid this underlying discussion the Landman will disclose to the mineral proprietor who they work for and begin the negotiating procedure. On the off chance that the land being referred to is a little tract (under 10 sections of land) the Landman may have the capacity to negotiate the rent on the primary contact. Bigger tracts may take additional time and more visits incorporating into individual visits to influence the mineral proprietor into marking. Take a look at this link http://www.ehow.com/info_8709778_salary-landman.html for more information.