Manager, Land Portfolio

About Fervo Energy

Fervo Energy (NASDAQ: FRVO) is a modern power company developing next-generation geothermal resources to meet the growing demand for affordable, reliable, 24/7 carbon-free energy. Our mission is to transform geothermal into America’s most dependable and affordable source of clean, around-the-clock power. By combining innovations in horizontal drilling, fiber-optic sensing, and advanced reservoir engineering, Fervo has developed a repeatable approach to building utility-scale enhanced geothermal systems. Our flagship Cape Station development in Utah is planned to deliver 500 MW of firm, carbon-free power, and we are advancing a development pipeline of more than 50 GW. Join us and work alongside world-class engineers, geoscientists, operators, project builders, and business leaders working to make geothermal a cornerstone of a more reliable, affordable, and sustainable energy future.

Position Description

Fervo Energy is building the most cost-effective, repeatable geothermal power plants in the world — requiring a durable land and resource portfolio, disciplined long-range planning, and the ability to secure the resources, rights, and agreements needed for growth. As Fervo scales from first-of-a-kind projects to fleet-wide deployment, we’re seeking a Manager — Land Portfolio to lead the company’s land portfolio maturation strategy and its integration into the great Fervo Team’s long-range planning. This role reports to the Sr. Director of Land, Environmental and Permitting, working extensively with Sr. Management and individual contributors across the wide ranging Fervo Team.

The role partners with internal and external stakeholders to develop and execute the company’s land resource portfolio development strategy and is focused on the full development lifecycle—from initial site evaluation, acquisition, and access through permitting, drilling, construction, interconnection and into long-term operations. The ideal candidate combines deep land acquisition, subsurface development, and energy production expertise with strong analytical and communication to prepare and develop our geothermal energy production land portfolio.

Responsibilities

Land Portfolio Development

- Leads land portfolio development preparation and strategy to meet the annual and long-range plan goals

- Set priorities and evaluate priority infill and access acquisition

- Analyzes and manages securing of path to interconnection, construction water, and ancillary agreements for land use

Land Portfolio Strategy & Capital Allocation

- Leads portfolio land budget optimization and allocation recommendations through identification of near, mid, and long term portfolio preparation feasibility and estimated timelines

- Recognize tradeoffs between capital allocation across early and advanced development portfolio; develops integrated spend outlooks and presents strategic recommendations

Land Portfolio Development Budget Management

- Partners with Land Title and Contracts, and Land Acquisitions to prioritize capital deployment when considering all other Land budget strains, such as rentals, bonus payments, and land use fees to develop acquisition strategies across BLM, SITLA, and fee lands

Land Intelligence & Competitive Position

- Partners with Land Business Managers to identify and communicate the company’s land market intelligence capability, monitoring competitor activity and policy developments, establish and maintain strategic relationships, benchmarking land position and costs against competitors, and translating insights into strategic recommendations

- Identifies growth positions in domestic geothermal, leads new-market assessments, and supports negotiation of leases, surface agreements, and joint ventures

Cross-Functional Leadership

- Prepares executive and investor presentations

- Leads cross-functional land initiatives across Land Administration, Acquisitions, Business Development, Title and Contracts as well as Legal, Commercial Development, Engineering, Drilling, Operations, Commercial, Finance, and Policy

- Drives continuous improvement using GIS, analytics, and AI-enabled tools

Qualifications

Required

- Bachelor’s degree, plus 7+ years of progressive experience in land management, strategy, corporate planning, or business development

- Demonstrated experience executing asset acquisition, development, or deployment strategies that support enterprise and long-range planning

- Proven track record presenting executive-level recommendations, with extensive experience evaluating acquisitions, divestitures, and joint ventures

- Strong financial acumen — acreage valuation, economic modeling, capital allocation — and the ability to synthesize complex information into clear recommendations

- Exceptional communication, negotiation, and stakeholder-management skills, with experience leading cross-functional teams in highly-matrixed organizations

- Ability to make high-quality decisions in ambiguous, fast-moving environments; willing to travel up to 25% of the time

Preferred

- Advanced degree in Energy Development, Land Development, Business, Economics, or a related discipline (MBA, MS, JD, or equivalent)

- Direct experience in oil and gas, geothermal, power generation, upstream energy, renewables, or capital-intensive infrastructure

- Prior experience in subsurface energy and renewable energy land development, permitting and entitlements

- Demonstrated success building market intelligence or analytics capabilities, leveraging modelling and/or automated tools or processes to improve strategic decision-making

- 10+ years of experience at a senior management level with a publicly traded energy company; demonstrated success in developing growth strategies based on market intelligence for a portfolio of projects; experience presenting progress updates and strategic plans to executive leadership

Location

Fervo Energy has corporate offices in Houston, TX, Golden, CO, Reno, NV , Oakland, CA and Salt Lake City, UT. This position is preferred to be based out of our Salt Lake City, UT office, with an in-office presence.

Benefits & Perks

- Fervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:

- Medical, dental, and vision plan options

- Employer-paid basic life insurance and short-term and long-term disability coverage

- A 401(k) plan with up to 6% match

- Flexible paid time off and paid parental leave

- Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot

- A dependent care FSA for eligible child and elder care expenses

- An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care

- Employee ownership opportunities through Fervo’s Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible roles

Benefits and programs are subject to eligibility requirements and may change.

Our Workplace

Fervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.

Equal Opportunity Employer

Fervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.