Randy Young's Bio

35 Reasons to Join the AAPL

35 Reasons to Join the AAPL
We are finally getting to a point where I don’t hear arguments from landmen (particuarly field landmen) against joining the AAPL on a regular basis.  However, there are still a few naysayers out there, and if you aren’t a member you might not be aware of the the AAPL Company Recognition Program.  It’s pretty important that you are aware of it, because it affects those who are not members.What is the AAPL Company Recognition Program?  The following is taken directly from the latest issue of Landman magazine:The following oil and gas companies and brokerage firms have made the commitment to ...

Book Review: Landman’s Legal Handbook

Book Review: Landman's Legal Handbook
Over the past several weeks I’ve had the opportunity to read the Rocky Mountain Mineral Law Foundation’s newest edition of the Landman’s Legal Handbook. If there is one word to sum up this book, it is “encyclopedic”. I’ve had the opportunity to read and review several books that are targeted to landmen, title attorneys and other land professionals — and typically they all contain approximately the same information conveyed in different ways. I have to say that the Landman’s Legal Handbook contains information that I haven’t read in any other books, and the depth in which the material is reviewed ...

Landman Brokers: Give Your Clients Metrics!

Landman Brokers: Give Your Clients Metrics!
There has been a trend over the last few years for field landman brokers to come up with these cool “whiz-bang” web interfaces.  I believe the intent is to “provide real-time information” about the status of projects, the real truth is that the interfaces are rarely ever used by in-house landmen.  If they need something they will pick up the phone and call, or they will send an email and ask for it.  There are also metrics that most in-house landmen keep on their field brokers — but those aren’t the metrics that are typically reported to them in these ...

People Who Create Content in the Land Business

People Who Create Content in the Land Business
Earlier last year I published a post detailing websites that I often visit.  That post still gets a lot of traffic, and my original intention was to write an article detailing the people that create content that is relevant to me as a land professional in the oil & gas industry.  I quickly found out that my list wasn’t long enough to make an article out of, so I thought I just needed to look a little harder…. I went through 2 months of twitter feeds, the last month of LinkedIn, and about 6 months of emails to find people who ...

Annual Industry Conferences for Land Professionals

Annual Industry Conferences for Land Professionals
I’ve written quite a few article about the importance of continuing education to keep your skills current and also to grow your professional network.  I had a chance to attend the AAPL Annual Convention in Washington, DC in 2013 — it was a great experience.  If your company doesn’t sponsor a trip to these events on your behalf, they can be an expensive proposition.  That’s why I’m going to tell you about three major upcoming conferences in 2014 that you can budget and plan to attend. This early in the year details can be light on topics and speakers, but ...

The Biggest Company You’ve Never Heard Of

The Biggest Company You've Never Heard Of
What does Marquette Exploration, Oasis Petroleum, Petrohawk Energy, Plains All American Pipeline, Marlin Resources, Halcon Resources, Peregrine Oil & Gas, Phillips Energy Partners and Venado Oil & Gas have in common?  They are all funded by the same private equity company, EnCap Investments L.P.  I think it’s important for land professionals to understand the financing side of the energy business, and EnCap’s investments have a more significant effect on our industry than many realize. The Company EnCap was formed in 1988, and over the years has raised over $18 billion dollars towards funding independent oil & gas companies in the ...

NAPE 2014 – It’s Coming!

NAPE 2014 - It's Coming!
I wanted to send everyone a quick reminder that NAPE 2014 is quickly approaching on February 5-7.  It’s a great even to attend and see friends, old and new.  You might be wondering why I am posting this now, since NAPE is still over a month away… it’s because you only have one day left to purchase your tickets at the discounted rate of $250.  On January 1st the price goes up to $365, so if you haven’t registered yet — you really should do so right now. Most of your know that having a successful time a NAPE requires some ...

Outsource Your Land Administration

Outsource Your Land Administration
Oftentimes we hear about ‘outsourcing’ and we think negative thoughts.  Some of you may even be expecting to hear about how some company now has lease analysts or division order analysts based in India — although that isn’t what I’m talking about today.  I’d like to discuss a trend I’m seeing in small to medium sized operators that I believe is gaining speed.  I’ve seen a few companies capitalize on this concept by being innovative and ‘ahead of the curve’.  This trend I’m talking about is the outsourcing of land administration duties to outside service companies.  Most of these companies ...

Be Careful With No Surface Usage Provisions

Be Careful With No Surface Usage Provisions
I was recently cleaning out some old files and came across a difficult situation I dealt with several years back.  Some of you may have dealt with similar issues in the past, but I’m certain many of you have not.  Evaluating no surface usage provisions in leases is an integral part of the E&P life-cycle.  It is important when you buy the lease from the Lessor, when you acquire a lease, during operations and later in the life of the asset when you have maintenance operations.  While many of us have experience with leases which outright ban any use of ...

Resumes Are Not For Job Descriptions

Resumes Are Not For Job Descriptions
I have a fair amount of people who ask me for help with their resumes, and a recent conversation on LinkedIn highlighted a common issue I see:  Many people waste valuable space on their resumes giving descriptions of their job responsibilities.  There are probably many (supposedly legitimate) reasons to include descriptions of the responsibilities you’ve held in your resume.  What are they? The Person Reviewing the Resume Won’t Understand That My Experience Applies: Many people seem to feel like if they don’t explain what it is they did in their very special, unique position at Joe Bob’s Brokerage Firm that ...


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