Log in

View Full Version : Oil Landman prospects down for all?


mrscoltweaver
Dec 25, 2008, 10:25 AM
What does everybody think is the future for Landmen with the current oil crisis? Will it get better?

Clough
Jan 6, 2009, 03:23 AM
Hi, mrscoltweaver!

I'm not exactly sure what you mean by your question. Would you please give some additional specifics as to what you mean, please?

Thanks!

mrscoltweaver
Jan 6, 2009, 07:49 AM
Sure, Clough. My husband works indirectly for Devon Industries as an independent landman-searches out and finds the owner's of mineral rights and tries to lease land for Devon to drill on-mainly natural gas. He works for a guy that has been in the business for 20 years and has roughly 100 landmen in his employ that has dwindled down to less than 20 guys now-my husband still hanging on. His boss says this is the worse he has ever seen the oil and gas business get, with prices so low and our future prez not wanting any new wells and such...