Energy Management (Landman)

Careers

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Courses

For required courses and degree plans, visit the official University Catalog. Below is a general overview of courses at Western Colorado University related to this area of study.

 ACC 201 - Introduction to Financial Accounting (3 cred.)

An introduction to the field of accounting with emphasis on corporate financial statements. Financial statements are viewed as a communication device conveying the financial health of a business to interested parties. The objective of this first course is to teach students to read, analyze, and interpret these financial statements. The emphasis is on developing critical thinking and problem-solving skills using accounting concepts. Students are exposed to the steps used by accountants to record, measure, and process financial information. Cash flow analysis is contrasted with the accrual basis of accounting; the concepts of asset valuation and income measurement are discussed. Accounting majors must pass this class with a minimum grade of "C." Prerequisites: completion of the College Mathematics Course Requirement with minimum grade of "C-", or instructor permission.

 ACC 202 - Introduction to Managerial Accounting (3 cred.)

An introduction to the preparation, uses, and analysis of common management accounting information. Topics include cost-volume-profit analysis, capital budgeting and present value applications, cash budgets, financial statement analysis, taxes, and management decisions, plus a brief introduction to modern cost accounting, with emphasis on activity-based costing systems. The development of problem-solving and analytical abilities is given primary importance throughout the course. Accounting majors must pass this class with a minimum grade of "C". Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of "C-"; and ACC 201 with a minimum grade of "C".

 BUAD 202 - Energy Management Professional Development (1 cred.)

Designed specifically for Energy Management students. It is intended to provide students with hands on, real world professional awareness. Prerequisite: Instructor permission

 BUAD 210 - Legal Environment of Business (3 cred.)

Provides students an ability to sense the occasions when a lawyer should be consulted for guidance in avoiding legal mistakes. A study is made of the ordinary legal aspects of common business transactions, including the topics of social forces, contracts, personal property, and agency.

 BUAD 230 - Evolution of the Oil Economy (3 cred.)

Studies the evolution of global oil and gas development and its economic and geopolitical effects. The relationships between oil technology, economics, social and political institutions, and the unique cultures in oil-producing regions are investigated. Additionally students study a multi-disciplinary approach to understanding how oil affects economic development and commerce.

 BUAD 240 - Strategic Negotiations (3 cred.)

Merges theory with practice, offering students a hands-on opportunity to learn negotiation and communication skills. Students study how to develop personal negotiation plans and preparation methods, analyze other parties' interests, identify and implement solutions for mutual gain, communicate effectively, and successfully draft agreements. Students practice and refine both their personal and professional negotiation and communication skills using realistic mock scenarios to negotiate, compose, and evaluate agreements. Prerequisite: COM 202 with a minimum grade of "C-".

 BUAD 270 - Principles of Marketing (3 cred.)

An introduction to the fundamental concepts of marketing, including consumer demand and behavior, segmentation, advertising, marketing research, product development, distribution, pricing, the internet as a marketing agent, and global marketing issues. The student is exposed to the most basic tools, factors, and marketing principles administered by management in establishing policy, planning, and complex problem solving. Prerequisites: ENG 102 with a minimum grade of "C-" and completion of at least 24 credits; or instructor permission.

 BUAD 302 - Energy Management Professional Development II (1 cred.)

Designed specifically for Energy Management students. It is intended to provide students with hands on, real world professional awareness. Prerequisite: Junior or senior standing and instructor permission.

 BUAD 305 - Applied Energy Seminar (3 cred.)

Introduction to the energy industry, including fossil fuel and renewable energy use and development. Explores topics including global energy production and consumption, energy efficiency, infrastructure, grid systems and transmission, and environmental and social impacts of energy development with an emphasis on regulation, policy, and the oil and gas industry. Prerequisite: COM 202.

 BUAD 309 - Business Communication (3 cred.)

A study of the fundamentals, principles, and practices of effective written communication, including concepts of appearance, language, and psychology of tone and persuasiveness as applied to the business letter, memorandum, and report. Presentation skills are also discussed. Prerequisites: ENG 102 with a minimum grade of ÒC-Ó; sophomore standing.

 BUAD 311 - Essentials Excel Skills for the Workplace (1 cred.)

This course prepares the student for Microsoft Excel Office Specialist certification. This course covers all of the topics tested by the certifying examination including managing worksheets and workbooks, applying formulas and functions, analyzing and organizing data, visual presentation of data, and sharing worksheet data with others. Prerequisites: college-level mathematics requirement with a minimum grade of "C-" or instructor permission

 BUAD 312 - Advanced Excel Applications (2 cred.)

This course emphasizes the use of computer spreadsheets to organize, analyze and present quantitative information to aid managerial decision-making. The course exercises include examples from several disciplines including business, energy and environmental impact analysis, natural sciences, and social sciences. Specific topics will include business planning and budgeting, capital budgeting and net present value analysis, time value of money, cost / benefit analysis, goal seeking, scenario planning and pivot tables. Prerequisites: BUAD 311, Excel Office Specialist certification or instructor permission.

 BUAD 320 - Petroleum Land Management (3 cred.)

Introduction to the field of land management in the petroleum industry. Covers the necessary knowledge and skills of the petroleum land professional, both in the U.S. and internationally. Topics include land survey systems, mineral ownership and severance, as well as oil and gas leases. Examines other oil and gas exploration and development phases. State and federal leasing is covered. Prerequisites admission into the PLRM program, or instructor permission.

 BUAD 321 - Oil and Gas Agreements (3 cred.)

Introduces the preparation, negotiation, and drafting of contracts and agreements used in land management and the petroleum industry. This course covers the knowledge and skills a petroleum land professional is expected to exhibit in drafting and negotiating commonly used contracts with a focus on upstream agreements including but not limited to: oil and gas leases, surface use agreements, farm out agreements, AMI's, joint operating agreements, master service agreements, seismic agreements, pooling agreements, purchase and sale agreements, and exchange agreements. Prerequisites: BUAD 320; or instructor permission.

 BUAD 333 - Organizational Behavior (3 cred.)

Provides students an understanding of human behavior in organizations today. Students will become familiar with the basic dimensions of organizational behavior covering topics such as leadership, motivation, management of people, and group dynamics. The course stresses an experimental approach as well as the personal nature of the material and how this relates to the complexities of behavior in and of organizations. Prerequisite: BUAD 309 or COM 202; or instructor permission.

 BUAD 360 - Managerial Finance (3 cred.)

An introductory course to the field of managed finance, covering such topics as financial analysis, time value of money, risk/return analysis, capital budgeting, working capital management, cost of capital, optimal capital structure. Prerequisites: Completion of Business Administration Base Curriculum; or Energy Management Base Curriculum; or instructor permission.

 BUAD 370 - Exploration and Production Processes (3 cred.)

Provides students with an introduction to engineering in exploration and production, focusing on oil and gas upstream and midstream engineering processes and their interface with land functions. Concepts discussed in this course include: seismic, exploration, well-site selection and preparation, drilling, wellbore integrity, completions, hydraulic fracturing, facilities, separating, treating, processing, transportation, pipelines, and well-site reclamation. Prerequisites: BUAD 305. Prerequisite or corequisite GEOL 101 and GEOL 105; or instructor permission.

 BUAD 410 - Water and Environmental Law (3 cred.)

A comprehensive case law study of water and environmental law, addressing the historical development of the riparian, prior appropriation, Federal and Indian water rights doctrines, and the emergence of Federal and State environmental law and policy, specifically addressing how water law and environmental law interface with and impact each other. This course will develop a knowledge base fundamental to the preparation of a student in the PLRM emphasis. Prerequisite: completion of Base Curriculum; or instructor permission. BUAD 210 recommended.

 BUAD 420 - Oil and Gas Law (3 cred.)

A comprehensive study of oil and gas law & regulations. The course addresses the historical development of the law as it relates to the conservation of oil and gas, the rights and duties of operators and landowners, implied covenants, titles and conveyances, contracts, pooling and unitization, and other oil and gas development issues. Students also learn about the oil and gas regulatory scheme at the federal, state, and local levels. This course analyzes laws and regulations in light of recent technologic advances, such as the emergence of horizontal drilling and hydraulic fracturing. Prerequisites: Admission into The Energy Management Program; BUAD 210, BUAD 305, BUAD 320; or instructor permission.

 BUAD 495 - Prospect Economics and Evaluation (3 cred.)

Synthesizes previous coursework, focusing on the application of advanced concepts in finance, economics, law, regulatory schemes, mergers and acquisitions, negotiations, contract drafting, geology, engineering, title, leasing and environmental, social, and political issues. Prerequisites: BUAD 305, BUAD 320, BUAD 321, BUAD 360, GEOL 240 prerequisite or corequisite; or instructor permission.

 COM 274 - Public Relations Communication (3 cred.)

A study of the use of communication to establish credibility, trust, and confidence between and among communities, employees, public agencies, civic organizations and business institutions.

 COM 372 - Issues Management (3 cred.)

An exploration of the communication practices and strategies used by organizations to react to current events, publicity, and society. Emphasis is placed upon persuasion, media relations, and information campaigns. Prerequisite: junior standing.

 ECON 201 - Macroeconomics (3 cred.)

An introduction to the methods, models, and approaches used by economists to analyze and interpret events and policies related to the overall operation of the economy. The course endeavors to make sense of unemployment, inflation, recessions, debt and deficits, economic growth, the expanding role of the Federal Reserve, and policies to provide stability to the economy. Additional attention is given to the making of economic policy in an era of globalization. Finally, students are exposed to multiple schools of thought regarding macroeconomic reasoning. Prerequisite: ACT math score of 19 or above; SAT math score of 500 or above; pass MATH 099; or Accuplacer Elementary Algebra test score of 85 or higher, or university-level math requirement with a minimum grade of C-. Prerequisite or corequisite: ENG 102.

 ECON 202 - Microeconomics (3 cred.)

The theory of microeconomics makes use of the tools of marginal cost-benefit analysis to provide a framework for the economic analysis of decision-making. The focus is on the choices of individual firms and consumers, and the resultant outcomes in individual markets. The social implications of the functioning of competitive markets are examined, as well as the causes of market failure and the potential roles of government in correcting them. Prerequisite: ACT math score of 19 or above; SAT math score of 500 or above; pass MATH 099; or Accuplacer Elementary Algebra test score of 85 or higher, or college-level math requirement with a minimum grade of "C-."

 ECON 216 - Statistics for Business and Economics (3 cred.)

An introduction to descriptive statistics and statistical inference, with application in business, including hypothesis testing, confidence intervals, and simple regression analysis. Prerequisite: MATH 140, MATH 141, or MATH 151 with a minimum grade of ÒC-.Ó

 ECON 370 - Natural Resource Economics (3 cred.)

A study of the efficient and equitable use of society's scarce natural resources. This course discusses the application of economic theory to natural resource problems, such as externalities and resource extraction. Particular attention will be placed on Western United States issues, including water, energy, mineral extraction, forestry and public land use. Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of ÒC-Ó; ECON 202 or ECON 215.

 ENVS 350 - U.S. and Western Environmental Politics (3 cred.)

An historical and contemporary investigation of U.S. environmental policies with an applied focus on the impact of national policy on the ecosystems and cultures of the American West. Reciprocally, this course traces how pubic lands agencies, social movements, historical land uses, and diverse cultures in the West shape U.S. environmental policy. Students combine analysis and discussion of major U.S. policies, prominent theories and issues, and student-led environmental service projects to better understand environmental challenges. Prerequisites: ENVS 100; ENVS 200 or COM 202; and ECON 370.

 GEOG 340 - Introduction of Geographic Information Systems (3 cred.)

An introduction to the concepts and techniques of Geographic Information Systems (GIS). Topics covered include fundamentals of mapping, data formats, data acquisition, and quantitative analysis of spatial data. The laboratory component emphasizes practical applications of GIS to contemporary problems including but not limited to watershed analysis, land-use planning, environmental assessment, and market analysis. Prerequisites: GEOG 222 or GEOL 105; college-level mathematics requirement with a minimum grade of "C-"; junior standing or instructor permission.

 GEOL 101 - Physical Geology (3 cred.)

An introductory class that emphasizes the environmental aspects of geology. The course covers the basic principles of physical geology, such as minerals, rocks, plate tectonics, earthquakes, volcanoes, and origin of landscapes by mass wasting, rivers, glaciers, ground water, and nearshore processes. Throughout this course, focus is on the effect of geology on human society through the study of geologic hazards, energy resources, and mineral resources.

 GEOL 105 - Physical Geology Laboratory (1 cred.)

An introduction to identification of minerals and rocks and a discussion of their genesis followed by a study of landscapes formed by mass wasting, rivers, glaciers, ground water, and nearshore processes. Many of these principles are observed on local field trips. Additional course fee applies. Prerequisite or corequisite: GEOL 101.

 GEOL 240 - Introduction to Petroleum and Mining Geology (3 cred.)

A survey of the physical and chemical processes responsible for the distribution of hydrocarbon and mineral resources in the Earth's crust and techniques for hydrocarbon and mineral resource exploration, assessment, and development. Includes field trips to oil and gas and mining operations in Colorado and Utah. Prerequisites: GEOL 101 and GEOL 105.

 MATH 232 - Applied Calculus for the Managerial and Social Science (3 cred.)

An introduction to differential and integral calculus for students majoring in business, accounting or the social sciences. The calculus is presented using a variety of real-world business and economic applications, stressing marginality, elasticity, and accumulation. Prerequisite: ACT math score of 23 or above; SAT math score of 560 or above; MATH 140 with a minimum grade of C-; or Accuplacer university- level mathematics test with a score of 65 or above.

Faculty & Staff

Faculty

Jessica Laramie, J.D. headshot
Lecturer in Business Administration, Graduate Faculty for Outdoor Industry MBA
Phone: 970.943.2538
Office Location: Borick Business Building 225
Gary Scott Steffens, M.S. headshot
Adjunct Professor in Geology and Business Energy Management
Office Location:

Scholarships

Program-Based Scholarships

Denver Association Of Petroleum Landmen

Eligibility

  • Full-time students with at least a junior status
  • Enrolled in the Energy Management program

Description

This scholarship is provided by the Denver Association of Petroleum Landmen.

Award depends on funds available

Selected by: Chair(s) of the Energy Management program.

Application: 

Contact The School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

 

Encana Oil & Gas (Usa) Inc.

Eligibility

  • Full-time students who have been accepted into the Energy Management program
  • Must have a minimum GPA of 3.0
  • Financial need will be considered

Description

This scholarship is provided by Encana Oil & Gas (USA) Inc.

Award depends on funds available.

Selected by: Chair(s) of the Energy Management program. 

Application:

Contact the School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Gunnison Energy Corporation

Eligibility

  • Full-time students that have obtained junior or senior status
  • Accepted into the Energy Management Program
  • Financial need will be considered
  • Students must be from Western Colorado

Description

This scholarship is provided by Gunnison Energy Corporation.

Award depends on funds available.

Selected by: Chair(s) of the Energy Management Program.

Application:

Contact the School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Gunnison Energy Management Scholarship For Gunnison Valley Residents

Eligibility

  • Full-time students
  • Graduates of Gunnison High School
  • Admitted into the Energy Management program
  • Financial need will be considered
  • Students must be a freshmen or seeking an additional Bachelors Degree

Description

This scholarship is provided by Gunnison Energy Corporation.

Amount: Two awards of $2500 each.

Selected by: Chair(s) of the Energy Management program in consultation with the Financial Aid Office.

Application:

Contact the School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Gunnison Valley Fidelity Exploration and Production Scholarship

Eligibility

  • Full-time students that have been accepted in the Energy Management program
  • Financial need may be considered.

Description

This scholarship is provided by Gunnison Valley Fidelity Exploration and Production.

Award depends on funds available.

Selected by: Energy Management Leadership

Application:

Contact the School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Industry Partner Scholarship

Eligibility

  • Full-time students that have been accepted into the Energy Management program
  • Financial need will be considered

Description

This scholarship is provided by Various Energy Management associated companies.

Award depends on funds available

Selected by: Energy Management Leadership

Application: 

Contact the School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213 

Newfield Exploration Company Scholarship

Eligibility

  • Full-time students
  • At least junior status
  • Must be enrolled in the Energy Management Program

Description

This scholarship is provided by Newfield Exploration Company.

Award depends on funds available.

Selected By: Energy Management Leadership

Application: 

Contact The School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Western 300 Scholarship

Eligibility

  • Full-time students that have been accepted to the Engery Management Program
  • Demonstrate financial need

Description

This scholarship is provided by Various Energy Management associated companies. 

Award depends on funds available

Selected by: Energy Management Leadership

Application

Contact The School of Business for scholarship application and deadline information.

970.943.2019 | Borick Business Building 213

Permian Basin Landmen’s Association

Eligibility

  • Energy Management Majors
  • Minimum GPA of 3.0

Description

This scholarship is provided by Permian Basin Landmen's Association.

Award depends on funds available

Selected by: Permian Basin Landmen's Association

Application:

 PDF icon PLRM PBLA Scholarship Application.pdf

North Houston Association of Professional Landmen

Eligibility

Description

This scholarship is provided by North Houston Association of Professional Landmen.

Awards depend on funds available

Selected by: North Houston Association of Professional Landmen

Application:

 PDF icon PLRM NHAPL Scholarship 2015.pdf

Institutional Scholarships

Common Scholarships

Western offers approximately 70 common scholarships for which a wide variety of students are eligible (e.g., locals, veterans, transfers). Apply for any number of these common scholarships using Western’s Common Scholarship Application, which is due April 1. For more information, visit our scholarships page.

Early Action Credit

If a student is accepted to Western by Nov. 1 and qualifies for a merit scholarship, the student will receive an additional $500 for the first year. Use our Net Price Calculator to determine whether you qualify for a merit scholarship.

Mountaineer Alumni Recommendation Scholarship

Western Colorado University alumni can nominate prospective students for a $500 scholarship ($250 per semester) for first year only. Application deadline is typically June 1. For more information, visit western.edu/mars.

Neighboring States Program

Students with a permanent address from one of the seven contiguous neighboring states to Colorado who have demonstrated financial need are automatically considered for a special $1,000 per year grant, totaling $4,000 over four years.

The Western Neighboring States program can be added to WUE, CP or merit scholarships. So, if you are a permanent resident of one of those seven states—and show financial need—you are eligible.

For more information about the Neighboring States program, visit Western’s Tuition Discount Programs Page.

Presidential Promise

The Presidential Promise is guaranteed to students who have received a scholarship through the Denver Scholarship Foundation (DSF) and/or GearUp—and are eligible for a Pell Grant.

For students who meet these criteria, Western will cover the cost of tuition and fees through the combination of federal, state and institutional aid. For more information on the Presidential Promise, visit our scholarships page.

Tuition Discount Programs

Western Undergraduate Exchange (WUE) or Central Plains (CP) tuition represents a substantial savings relative to normal, out-of-state tuition. Students eligible for the WUE or CP program will be charged 150% of Western’s total in-state tuition. For 2018-19, total in-state tuition was $8,934. WUE/CP tuition was $13,401. The WUE/CP discount is valued at $4,695.

For more information about the WUE and CP geography-based programs, visit Western’s Tuition Discount Programs Page.

Western Merit Scholarship

Immediately upon acceptance at Western, every student is considered for a merit scholarship worth between $2,500-$4,500 per year for in-state students and $8,000-$10,000 for out-of-state students. The amount is based on the student's GPA and ACT/SAT scores. Visit our Net Price Calculator at western.edu/cost to determine whether you qualify for a merit scholarship. 

For more information about merit scholarships at Western, visit our scholarships page.

Get Involved

A college education is more than just taking courses. Meet new people, apply your skills and stretch beyond your comfort zone. Make your education an experience.

  • Info Sessions & Interviews: Companies come to campus each semester to hire and network with students. 
     
  • Internships: Students have found internships with more than 50 companies across the West with hourly wages of $25 or more. 
     
  • Professional Development: Students have access to personal brand and interview coaching as well as resume development sessions. 

Energy Management students prepare to work in the business side of energy and mineral exploration. Students learn land and resource management principles through knowledge and perspectives of business administration, economics, geology and environmental studies. Students also study disciplines of oil, gas and mineral management; Native American, federal, state and private real estate; and surface, water and environmental land management.

  • All Energy Management students belong to the Western Association of Professional Landmen through which they have access to networking events and conferences.

     
  • Many companies that contribute financial support to the program visit campus as guest speakers.

     
  • Small classes offer a personalized learning environment.

     
  • Students often take field trips to mines as well as oil and gas production sites.

     

Learn More

Reach out for more information about the program.

Photo of Jessica Laramie
Lecturer in Business Administration, Graduate Faculty for Outdoor Industry MBA
Phone: 
Office Location: 
Borick Business Building 225

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