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Energy asset management professionals work for companies involved in various energy-related roles. These might include oil and gas exploration and production, and renewable energy such as wind or solar power. They can also work in other industries that supply renewable energy. They perform a wide range of key administrative tasks, such as analysis, coordination, and negotiation, to maintain the company’s assets. Energy assets may include:
Duties performed by energy asset managers vary greatly from one company to another. In general, they:
Energy asset managers typically specialize in one of several areas.
In joint ventures, they establish and interpret agreements with other oil and gas companies that are jointly investing in oil or gas wells and production facilities.
In operations accounting, they:
In production accounting, they:
In mineral land management, they:
In surface land management, they:
In wells and facilities asset management, they:
Note: Many of these skills are also transferrable to renewable energy assets and other commodities.
Energy asset management professionals usually work in offices. Their hours of work vary depending on the organization and level of responsibility. Some companies offer a hybrid work environment consisting of part of a week worked in the office and some time worked from home. Some positions require overtime hours and some travel.
Energy asset management professionals need:
They should enjoy:
Most emerging occupations develop from more than one occupation. People working in this occupation may come from a variety of education and training backgrounds. Before enrolling in an education program, prospective students should contact associations and employers in this field to investigate education options and employment possibilities.
Energy asset management professionals need to know about:
Note: Renewable energy assets have comparable business functions.
The following schools offer programs or courses that are related to this occupation but are not required to enter the field.
To expand or narrow your program options, visit Post-Secondary Programs and start your search with:
Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.
There is currently no provincial legislation regulating this occupation in Alberta.
Emerging occupations typically are the result of:
Often there are too few people working in an emerging occupation to gather survey information. Therefore, it can be difficult to define advancement opportunities or employment outlook. Some Albertans already are working in this emerging occupation, but future demand for it is unknown.
Energy asset management professionals work for:
They may start out in junior roles as:
This section shows the employment outlook for this occupation in Alberta over a 5-year period.
Employment outlook is influenced by a wide variety of factors including:
Explore emerging workplace trends in Alberta that could affect this occupation.
Often there are too few people working in an emerging occupation to gather survey information. Therefore, no current provincial salary data is available for this occupation.
Alberta Association of Surface Land Agents (AASLA) website: www.aasla.com
Canadian Association of Land and Energy Professionals (CALEP) website: landman.ca
Canadian Association of Petroleum Land Administration: caplacanada.org
Canadian Association of Petroleum Production Accounting (CAPPA) website: cappa.org
International Right of Way Association (IRWA) Calgary Chapter 48 website: www.irwa48.ca
Energy Accountants Society of Canada (EASC) website: energyaccounting.ca
Petroleum Joint Venture Association (PJVA) website: www.pjva.ca
Get information and referrals about career, education, and employment options from Alberta Supports.
Updated Mar 31, 2024. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.
