For 2017 and beyond, SPE Penn State has teamed up with the Energy Land Management Society (ELMS) on campus. We’ve provided a little information about what Penn State Energy Land Management is below:
The Energy Land Management option in the major of Energy Business and Finance (EBF) focuses on issues in the acquisition of sub-surface exploration rights. Designed in consultation with the American Association of Professional Landmen, this new option will provide expertise in the acquisition of sub-surface exploration rights and enable Penn State students to seek challenging careers as exploration landmen. Undergraduate students in the EBF major who choose the energy and land management option will follow the standard EBF academic plan with emphasis in energy, business and finance during the first two years of study. The second two years of the degree program then will provide a rigorous focus on land management expertise including courses in real estate fundamentals, energy law, geographic information sciences, petroleum engineering and petroleum geology. As the majority of today’s professionally trained landmen hail from the more traditional oil and gas oriented regions, the Penn State energy and land management option is poised to fill the void in the oil and gas industry’s ability to recruit and retain qualified candidates in the Appalachian basin.
The business of land has five disciplines: Acquisitions, GIS and Mapping, Business Strategic Development, Legal Analysis, and Records. Each is crucial to the success of an energy production company. Each represents a potential careers path for ELM graduates. A presentation by Scott Hodges, Senior Vice President, Land and Business Development, of Rex Energy in State College, Pa., describes each of these disciplines.
Our partnership with ELMS has allowed Penn State Petroleum Engineering students to further diversify themselves. In a time of low or even high commodity prices, industry members need well-roundedness to succeed. This type of collaboration embraces the transparent connection and fluidity of the industry’s many technical and non-technical segments.
Joe Scipione, Chief Legal Counsel of Little Pine Resources came to speak and talked about the connection between land leasing and science/technology (geology, reservoir, and drilling). It turns out all parts of the industry need to work together to get the job done! Joe also teaches EBF 402 at Penn State, a class on energy law and contracts. Check out some photos below.