Lead Division Order Analyst

Expand EnergyOklahoma City, TX
3d

About The Position

Our core values — Stewardship, Character, Collaborate, Learn, Disrupt — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors. We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply. If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.  Job SummaryThis senior level position is considered a team lead that handles complex well setups, revisions and transfers of interest. The position requires reviewing and resolving owner inquiries and interest discrepancies as well as assisting on special project requests. This position is seen as a technical expert with skilled expertise of systems and will provide mentorship and training to junior level staff.

Requirements

  • Advanced knowledge of oil and gas terminology as it pertains to division orders
  • Advanced ability to read and understand complex legal descriptions for a tract of land and interpret land title information
  • Advanced knowledge of oil and gas leases, deeds, and title curative documents
  • Advanced knowledge of lease provisions, special obligations, payments and their implications
  • Proficient math skills and ability to perform complex division order calculations
  • Minimum: High school diploma or GED
  • Minimum: 8 years related work experience

Nice To Haves

  • Preferred: Bachelor’s degree - from accredited university

Responsibilities

  • Perform new well setups inclusive calculations of owner interest, leasehold and unit interests, review title curative, prepare division orders and deal sheets
  • Calculate interests pertaining to workovers, recompletions and payouts and performs deck edits
  • Resolves difficult owner and decimal discrepancies and authorizes decimal revisions, suspense and release of suspense
  • Maintain log of ownership transfers
  • Respond to owner inquiries; research and resolution of ownership issues and interest discrepancies
  • Review and analyze agreements, assignments, pooling orders, farmouts, AMI’s, survey plats, payments, leases, contracts, ownership reports and various title documents
  • Assist on special projects
  • Interface with owners, partners, attorneys, Revenue & JIB Accounting, Owner Relations group, and purchasers in obtaining or providing data and/or explanations
  • Provide on-the-job training and mentoring to employees to encourage optimum performance and continued skill development
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