Salary of a Landman

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A landman is a professional in the oil and gas extraction industry who researches and confirms ownership of land as well as the mineral rights. The landman is responsible for negotiating drilling and production agreements with property and rights owners. Wages for landmen may be affected by such factors as location and employment type.

Well-Paid Profession

  • The average annual salary for landmen at all levels of expertise from across the United States was $90,00 as of July 2014, according to the jobs website Indeed. The average annual salary for a company landman was $88,000 while the average annual salary for an independent field landman was $93,000. According to the Landman jobs website, a few years of experience will put landmen well into six figures.

Regional Wages Vary

  • Wages for landmen can vary widely based on their location. Landmen in Houston, Texas, earned average annual salaries of $99,000 as of July 2014, according to the Indeed website. Those in Pittsburgh, Pennsylvania, earned average wages of $76,000 per year, and in Los Angles, they earned $94,000.

Gender Disparity

  • According to Landman Jobs website, there is still a large gender gap in this profession. Though men averaged $132,851 in their survey, women averaged only $101,991.

Employment Considerations

  • There is no formal education required to work as a landman, but the American Association of Professional Landmen requires specific combinations of work experience and education for candidates who wish to sit for their credentialing examinations. The American Association of Professional Landmen offers three levels of certification including the Registered Landman, the Registered Professional Landman, and the Certified Professional Landman credentials. Candidates who wish to take the Certified Professional Landman credential must hold at least a bachelor's degree. Credentialed landmen tend to earn higher wages than those who are not credentialed.

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  • Photo Credit Kim Steele/Photodisc/Getty Images
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