Quoted: I'm a landman. I will give you all the information you need. There is a huge market in OK and TX. My advice is MOVE to Texas and leran how to run East texas title. Kind of a nitch market, $400+ a day, miles, meals, lodging. I can set up up with a long term contract if you will consider relocating for a few months. $200 day rate, $0.44 a mile, $25 meals per day
I currently work for a large oil company (who I won't name) and still do 'landman' work on the side. I run title and to HBP stuff for several large oil companies. Once you get good, you can take on several projects at a time and double bill. I know a few guys who are billing 3 different companys a day and making upwards to 1K per day!!
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What is it about East Texas title that makes it a niche market? Is it because all the mineral rights have been bought, sold, willed, split up, sold, willed, and split up again? That's the way most of this area in the Illinois basin is. I only have experience in IN, KY, & IL.
I have a ton of title experience in both sectionized descriptions and 'meets & bounds'descriptions. Some of the stuff I used to do was down to 1/256th interests. Finding all the Heirs and mineral rights owners is harder than running title around here. Minerals started getting split up around here way back before the Civil War. Once I locate them, I can get em signed....if they're alive.
I put a short blurb on landman.net the other day and got three contacts in the first 24 hours. Dallas area, Northern Alabama area, and Pennsylvania. Two offered day rates in the $350 neighborhood and one up to $500 a day, all 3 covered all expenses plus mileage and per diem.
The thing is, I was leasing back in the 70's when the Oil Industry went to hell. Now, all the guys I was working for then are dead and gone. I don't even have anybody to use as a reference with regards to my leasing experience. Like I said, I didn't even realize there was any Landman work available. I must say, I am enthused at the prospect of getting back into it.
I appreciate the info. Possibly we could speak on the phone?