What is a “landman”?
A “landman” is an agent who works for an oil company to establish ownership of mineral rights and, ultimately, negotiate the lease terms between two or more parties. The landman also understands the laws and rules concerning leasing in a certain area and how to file the proper paperwork with the local government. In addition, the landman works to resolve problems that may occur in disputed ownership rights, and they’re generally knowledgeable about drilling that has taken place in a certain area.