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Money & Outlook

Insider Info

dotPetroleum landman Conner Smith says most landmen do not draw an annual salary. Instead, they work on contract, earning a few hundred dollars a day, depending on where in the U.S. they work.

dotHigh prices for natural oil and gas mean better job prospects for landmen. That's because higher oil prices allow oil companies to pursue projects that were not profitable before. Of course, if prices decline, so do job prospects.

dotThe average working day for a petroleum landman can be spent either in an office or out in the field. Landmen typically work 40-plus hours a week. Frequent travel is part of the job description.

dotEarnings and employment information from the U.S. Department of Labor is not available for this field at this time.