How To Become An Oil Lease Broker: What It Is and Career Path

What is an oil lease broker and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being an oil lease broker. For example, did you know that they make an average of $26.4 an hour? That's $54,922 a year! Between 2018 and 2028, the career is expected to grow 10% and produce 47,700 job opportunities across the U.S.

ScoreOil Lease BrokerUS Average

Salary

4.3

Avg. Salary $54,922

Avg. Salary $59,228

Stability level

6.7

Growth rate 10%

Growth rate 0.3%

Diversity

6.1

Race

American Indian and Alaska Native 0.21%

Asian 9.03%

Black or African American 5.80%

Hispanic or Latino 12.24%

Unknown 4.15%

White 68.56%

Gender

female 25.44%

male 74.56%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

6.7

Stress level is high

7.1 - high

Complexity level

8.6

Complexity level is advanced

7 - challenging

Work life balance

6.7

Work life balance is good

6.4 - fair

Key steps to become an oil lease broker

Explore oil lease broker education requirements

Most common oil lease broker degrees

Bachelor's

72.4 %

Master's

10.3 %

Associate

8.6 %

Start to develop specific oil lease broker skills

Skills	Percentages
Real Estate	19.14%
Financial Products	18.41%
Market Research	17.08%
Financial Analysis	11.57%
Database	10.44%

Complete relevant oil lease broker training and internships

Accountants spend an average of 3-6 months on post-employment, on-the-job training. New oil lease brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an oil lease broker based on U.S. Bureau of Labor Statistics data and data from real oil lease broker resumes.

Research oil lease broker duties and responsibilities

Manage, inspect, photograph, and create reports biweekly for U.S. department of HUD and Fannie Mae assign properties.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Broker purchases, sales and exchanges of WTI, grade trading, swaps, options, derivatives and spreads.
Identify and capitalize on arbitrage situations.

Prepare your oil lease broker resume

When your background is strong enough, you can start writing your oil lease broker resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an oil lease broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable oil lease broker resume templates

Build a professional oil lease broker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your oil lease broker resume.