What are the responsibilities and job description for the Landman position at Formentera?
Landman - Midland, TX
Summary:
Formentera Operations, LLC is seeking an experienced Landman. The Landman will be responsible for acquisition and maintenance of properties as well as negotiations, maintenance, and interpretation of various agreements leases, and contracts while ensuring compliance with legal and regulatory requirements. Strong communication, analytical skills, and industry knowledge are essential for success in this role. This role requires a self-starter with an ability to leverage resources to self-solve problems in a fast-paced work environment.
Summary:
Formentera Operations, LLC is seeking an experienced Landman. The Landman will be responsible for acquisition and maintenance of properties as well as negotiations, maintenance, and interpretation of various agreements leases, and contracts while ensuring compliance with legal and regulatory requirements. Strong communication, analytical skills, and industry knowledge are essential for success in this role. This role requires a self-starter with an ability to leverage resources to self-solve problems in a fast-paced work environment.
Responsibilities:
- Review, edit, and negotiate various land-related documents, including oil and gas leases, amendments, assignments, joint operating agreements, trade agreements, farmout agreements, pooling agreements, right-of-way agreements, and title curative instruments.
- Clearly communicate contractual terms and ownership positions to internal stakeholders, ensuring alignment and compliance with land-related obligations throughout the development lifecycle.
- Compile and organize in-house title information to support clear assessment of ownership.
- Identify and resolve title issues to ensure clean and marketable records.
- Oversee brokers and contract landmen to ensure accuracy and efficiency.
- Collaborate with accounting to manage the land budget for the asset, ensuring accurate tracking, coding and booking of land-related expenses in alignment with internal financial controls.
- May perform A amp;D duties as necessary - including due diligence, integration and data migration.
- Leverage technology to streamline land workflows, improve data accuracy, and enhance the quality and efficiency of work product output.
- Perform other related duties as assigned by the supervisor.
- Maintain adherence to all company policies and procedures.
Key Competencies:
- Familiarity with land-related documents, including oil and gas leases, title documents, joint operating agreements, and trade agreements.
- Strong negotiation abilities for dealing with landowners, joint venture partners, and potential collaborators.
- Familiarity with the life cycle of oil and gas wells.
- Excellent interpersonal skills for effective communication, both written and digital for internal and external parties.
- Prior experience working with landowners, joint venture partners, and government agencies.
- Ability to multi-task, apply attention to detail and oversee projects requiring direct supervision.
- Self-starter capable of working with minimal supervision.
- Experience working with Enverus online applications and RRC website.
- Strong skills in Microsoft Windows suite applications, including Excel, Word, PowerPoint, and Outlook.
Required Qualifications:
- Bachelor’s degree from a four-year university, with a degree from an accredited AAPL program preferred.
- AAPL membership; RPL or CPL certification preferred.
- Minimum of 5 years of progressive in-house land experience in the oil and gas industry.
- Ability to travel when required (less than 10%).
Physical Requirements: (with or without reasonable accommodation)
- Requires prolonged sitting, some bending and stooping
- Occasional lifting up to 25 pounds.
- Manual dexterity sufficient to operate a computer keyboard and calculator
Benefits:
- Competitive Base Salary
- Annual Bonus Eligibility
- 100% Employer covered health insurance premiums.
- 401K with 4% employer match
About Us:
Formentera Operations LLC is the operator for Formentera Partners, which is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins.
Formentera Operations LLC is the operator for Formentera Partners, which is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins.
Formentera is intentional and deliberate in cultivating our culture. We seek people who are not only exceptional within their own skills and aptitudes but who also care deeply about supporting each other’s growth and embracing the value that diverse teams, ideas and opinions creates. Operating with integrity and treating each other well at all times are foundational pillars at Formentera.
Formentera provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, protected veteran status, disability or any other characteristics protected by federal, state, or local law where we employ. Formentera will not tolerate discrimination or harassment based on any of these characteristics.
Notice to Third Party Agencies:
Please note that Formentera does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Formentera will not consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Formentera explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring manager(s), are deemed to be property of Formentera.
Please note that Formentera does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Formentera will not consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Formentera explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring manager(s), are deemed to be property of Formentera.
NOTE: Formentera is not able to consider candidates requiring Visa sponsorship at this time.