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Nancy Watson
Oil Lease Broker
Summary
Highly experienced Oil Lease Broker with a proven track record of managing large portfolios of oil and gas leases, negotiating multimillion-dollar agreements, and conducting thorough due diligence. Proven ability to optimize lease utilization, minimize risk, and stay up to date on industry regulations. Skilled in lease acquisition, property due diligence, negotiation, title examination, land management, and mineral rights administration.
Education
Petroleum Engineering
January 2016
Skills
- Lease Acquisition
- Property Due Diligence
- Negotiation
- Title Examination
- Land Management
- Mineral Rights Administration
Work Experience
Oil Lease Broker
- Developed and implemented a comprehensive land management strategy that optimized lease utilization and minimized risk.
- Utilized advanced software and data analysis tools to identify and evaluate potential lease acquisition opportunities.
- Stay uptodate on industry regulations and best practices, including the Model Form Oil and Gas Lease promulgated by the American Association of Petroleum Landmen.
- Managed a team of lease analysts and landmen, providing guidance and support on all aspects of lease management.
Oil Lease Broker
- Managed a portfolio of over 150 oil and gas leases, resulting in a 10% increase in production and a 20% decrease in operating costs.
- Negotiated and closed several multimillion dollar lease agreements, including a $100 million deal with a major oil company.
- Conducted thorough due diligence on potential lease acquisitions, including land title research, environmental assessments, and regulatory compliance analysis.
- Worked closely with landowners, mineral rights owners, and government agencies to secure permits and approvals for drilling operations.
Accomplishments
- Successfully negotiated and executed an oil and gas lease covering 10,000 acres in the Permian Basin, resulting in a $25 million revenue stream for the client.
- Sourced, evaluated, and acquired over 100 oil and gas lease tracts in the Bakken formation, unlocking significant exploration and production opportunities for clients.
- Conducted indepth due diligence on oil and gas properties, enabling informed decisionmaking and reducing investment risks for clients.
- Negotiated favorable lease terms with major oil and gas companies, maximizing royalty rates and minimizing operating expenses for clients.
- Established and maintained strong relationships with landowners, mineral rights owners, and industry stakeholders, ensuring access to prime oil and gas acreage.
Awards
- Recipient of the National Association of Oil and Gas Brokers (NAOGB) Broker of the Year award for exceptional performance and contribution to the oil and gas leasing industry.
- Recognized by the Texas Oil Lease Brokers Association (TOLBA) for maintaining a 99% success rate in securing oil and gas leases.
- Won the industrys Top Producer award for achieving the highest lease sales volume in the Rocky Mountain region.
- Honored with the Petroleum Land Management Institute (PLMI) Lease Broker of Distinction award for outstanding ethical conduct and professionalism.
Certificates
- Certified Professional Landman (CPL)
- Certified Petroleum Landman (CPL)
- Association of International Petroleum Negotiators (AIPN) Certification
- Certified Lease Analyst (CLA)
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- Quantify your accomplishments using specific metrics.
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Essential Experience Highlights for a Strong Oil Lease Broker Resume
- Managed a portfolio of over 150 oil and gas leases, resulting in a 10% increase in production and a 20% decrease in operating costs.
- Negotiated and closed several multimillion-dollar lease agreements, including a $100 million deal with a major oil company.
- Conducted thorough due diligence on potential lease acquisitions, including land title research, environmental assessments, and regulatory compliance analysis.
- Worked closely with landowners, mineral rights owners, and government agencies to secure permits and approvals for drilling operations.
- Developed and implemented a comprehensive land management strategy that optimized lease utilization and minimized risk.
- Utilized advanced software and data analysis tools to identify and evaluate potential lease acquisition opportunities.
Frequently Asked Questions (FAQ’s) For Oil Lease Broker
What is the role of an Oil Lease Broker?
An Oil Lease Broker is responsible for negotiating and managing oil and gas leases on behalf of clients. They work with landowners, mineral rights owners, and government agencies to secure permits and approvals for drilling operations.
What are the key skills required for an Oil Lease Broker?
Key skills for an Oil Lease Broker include lease acquisition, property due diligence, negotiation, title examination, land management, mineral rights administration, and knowledge of industry regulations.
What is the career path for an Oil Lease Broker?
Oil Lease Brokers can advance to management positions, such as Land Manager or Vice President of Land. They may also start their own oil and gas lease brokerage firm.
What is the salary range for an Oil Lease Broker?
The salary range for an Oil Lease Broker varies depending on experience, location, and company size. According to Glassdoor, the average salary for an Oil Lease Broker in the United States is $75,000 per year.
What is the job outlook for Oil Lease Brokers?
The job outlook for Oil Lease Brokers is expected to be good over the next several years. As the demand for oil and gas continues to grow, there will be a need for qualified professionals to manage oil and gas leases.
What are the top companies that hire Oil Lease Brokers?
Top companies that hire Oil Lease Brokers include Ecopetrol S.A., ExxonMobil, Chevron, BP, and Shell.