An in-house landman works directly for the oil and gas company as an employee, usually in their land department.
The AACSB International Southwestern Business Deans Association honored the program with The Most Innovative in Excellence Award for Curriculum Design.
Compensation or salary varies and is dependent on many factors such as experience, geographic location, and the number of qualified landmen available in a given area.
Due to the collapse in energy prices in the late 1980s which lasted for nearly two decades, into the early 2000s, most landmen who survived were retiring and most universities and colleges that offered petroleum land management degrees no longer did so.
The resulting attrition combined with the spike in energy prices in the mid-2000s reversed the trends of earlier years and created a significant shortage of available landmen.
The subsequent global financial collapse that began in 2008 once again reversed the boom and employment opportunities will likely continue their cyclical nature for years to come.
AAPL offers three certifications that are proven to enhance a member's credibility in the industry and to increase earning potential for landmen.