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Jeffery Powell
Oil Lease Buyer
Summary
A highly accomplished Oil Lease Buyer with over 8 years of experience in the oil and gas industry. Proven ability to negotiate and execute oil and gas lease agreements, conduct due diligence on mineral titles and leasehold estates, and develop and implement land management systems. Highly skilled in oil and gas lease negotiation, mineral rights acquisition, title examination, due diligence, lease administration, and royalty accounting.
Education
Petroleum Engineering
July 2016
Skills
- Oil and Gas Lease Negotiation
- Mineral Rights Acquisition
- Title Examination
- Due Diligence
- Lease Administration
- Royalty Accounting
Work Experience
Oil Lease Buyer
- Managed a team of landmen, ensuring timely and accurate lease acquisition and administration.
- Established and maintained relationships with landowners and mineral rights owners, fostering trust and facilitating negotiations.
- Developed a comprehensive leasing plan that maximized the value of acquired acreage for the company.
- Performed land title research and analysis, resolving title defects and ensuring compliance with regulatory requirements.
Oil Lease Buyer
- Negotiated and executed a lease agreement with a major oil company, securing a favorable bonus and royalty rate while reducing the surface impact on a sensitive environmental area.
- Conducted thorough due diligence on mineral title and leasehold estates, ensuring clear and marketable titles for acquisition.
- Developed and implemented a land management system that improved the efficiency and accuracy of lease administration.
- Collaborated with geological and engineering teams to evaluate the potential of leasehold acreage and determine acquisition strategies.
Accomplishments
- Successfully negotiated a complex oil and gas lease agreement with a major IOC, securing favorable terms and conditions that met the companys investment criteria.
- Developed and implemented a datadriven approach for lease evaluation, resulting in a 20% improvement in the quality of acquired leases.
- Negotiated a favorable lease agreement with a local landowner, resolving a longstanding dispute and securing access to a promising drilling location.
- Established strong relationships with landowners and industry professionals, enabling the acquisition of exclusive rights to prospective oil lease areas.
- Collaborated with a team of geologists and engineers to evaluate the potential of oil lease acquisitions, ensuring alignment with the companys exploration strategy.
Awards
- Recognized with the Lease Acquisition Excellence Award for acquiring a strategic portfolio of highpotential oil leases, resulting in a substantial increase in the companys acreage position.
- Awarded the Top Producer Award for consistently exceeding lease acquisition targets and contributing to the companys growth.
- Received the Innovation Award for developing a novel lease acquisition tool that automated the screening and evaluation process.
- Recognized as a Rising Star within the industry for exceptional performance and contributions to the oil and gas lease market.
Certificates
- Certified Professional Landman (CPL)
- Registered Professional Land Surveyor (RPLS)
- Diplomate of Mineral Land Management (DMLM)
- Certified Public Accountant (CPA)
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How To Write Resume For Oil Lease Buyer
- Highlight your experience in oil and gas lease negotiation and mineral rights acquisition.
- Demonstrate your ability to conduct due diligence on mineral titles and leasehold estates.
- Showcase your skills in developing and implementing land management systems.
- Emphasize your ability to collaborate with geological and engineering teams.
- Provide examples of how you have maximized the value of acquired acreage for your company.
Essential Experience Highlights for a Strong Oil Lease Buyer Resume
- Negotiate and execute oil and gas lease agreements with landowners and mineral rights owners.
- Conduct due diligence on mineral titles and leasehold estates to ensure clear and marketable titles for acquisition.
- Develop and implement land management systems to improve the efficiency and accuracy of lease administration.
- Collaborate with geological and engineering teams to evaluate the potential of leasehold acreage and determine acquisition strategies.
- Manage a team of landmen to ensure timely and accurate lease acquisition and administration.
- Establish and maintain relationships with landowners and mineral rights owners, fostering trust and facilitating negotiations.
- Develop a comprehensive leasing plan that maximizes the value of acquired acreage for the company.
Frequently Asked Questions (FAQ’s) For Oil Lease Buyer
What is the role of an Oil Lease Buyer?
An Oil Lease Buyer is responsible for negotiating and executing oil and gas lease agreements with landowners and mineral rights owners. They also conduct due diligence on mineral titles and leasehold estates, develop and implement land management systems, and collaborate with geological and engineering teams to evaluate the potential of leasehold acreage.
What are the key skills required to be an Oil Lease Buyer?
The key skills required to be an Oil Lease Buyer include oil and gas lease negotiation, mineral rights acquisition, title examination, due diligence, lease administration, and royalty accounting.
What is the career path for an Oil Lease Buyer?
The career path for an Oil Lease Buyer can lead to positions such as Land Manager, Asset Manager, and Vice President of Land.
What is the salary range for an Oil Lease Buyer?
The salary range for an Oil Lease Buyer can vary depending on experience, location, and company size. According to Indeed, the average salary for an Oil Lease Buyer in the United States is $85,000 per year.
What are the challenges of being an Oil Lease Buyer?
The challenges of being an Oil Lease Buyer can include negotiating with landowners and mineral rights owners who have different interests, conducting due diligence on complex mineral titles and leasehold estates, and developing and implementing land management systems that are efficient and accurate.
What are the rewards of being an Oil Lease Buyer?
The rewards of being an Oil Lease Buyer can include working in a dynamic and challenging industry, negotiating deals that can have a significant impact on a company’s bottom line, and developing relationships with landowners and mineral rights owners.
What is the future of the Oil Lease Buyer profession?
The future of the Oil Lease Buyer profession is expected to be strong as the demand for oil and gas continues to grow. As companies look to acquire new acreage to meet this demand, they will need experienced Oil Lease Buyers to negotiate and execute oil and gas lease agreements.
What advice would you give to someone who wants to become an Oil Lease Buyer?
My advice to someone who wants to become an Oil Lease Buyer would be to get a degree in petroleum engineering or a related field, gain experience in oil and gas lease negotiation and mineral rights acquisition, and develop strong relationships with landowners and mineral rights owners.