Division Order Analyst

EOG Resources•Houston, TX

About The Position

The Division Order Analyst will be responsible for analyzing rental and royalty escheat candidates for Texas/Michigan and All Other States escheat cycles by thoroughly researching suspense data for owners who have reached dormancy. This role involves evaluating returned escheat due diligence letters, sending follow-up correspondence, and creating inquiries to track owner communications. The analyst will populate Suspense Tracking with escheat decisions, process suspense releases, and ensure compliance with escheat laws. Additionally, the role includes reviewing executed division orders, updating owner records, analyzing stale and outstanding royalty checks, and communicating with various internal teams. A strong emphasis on data integrity and compliance with EOG's SOX control functions and operational processes is required.

Requirements

General knowledge of the upstream side of the oil and gas industry required
Proficiency in Microsoft Office applications.
Aptitude to quickly learn new systems and applications.
Proven ability to manage a high-volume workload, prioritize effectively, and meet deadlines in a fast-paced environment.
Strong analytical and communication skills.
Ability to work effectively and collaboratively as part of a team.
Professional discretion in handling confidential and proprietary company information.
High school diploma or GED.

Nice To Haves

Bachelor's degree preferred.

Responsibilities

Analyze rental and royalty escheat candidates for Texas/Michigan and All Other States escheat cycles by thoroughly researching suspense data for owners who have reached dormancy.
Evaluate returned escheat due diligence letters, sending follow-up correspondence as necessary - including division orders, change-of-address forms, W-9 forms, and estate letters - in efforts to clear suspense balances.
Create inquiries to track and document owner communications.
Populate Suspense Tracking with escheat decisions, including detailed comments and supporting documentation.
Process suspense releases based on escheat review findings.
Adhere to escheat reporting deadlines and ensure compliance with applicable escheat laws and state guidelines.
Review returned executed division orders, placing owners in pay status if executed division order requirement is satisfied.
Update name and address records based on information received via executed division orders.
Analyze stale and outstanding royalty checks using LexisNexis and various public and internal systems to locate owners.
Place owners in suspense, when necessary, based on findings (e.g., address issues, probate requirements).
Refer inquiries to Treasury for the void and reissue of checks.
Communicate with title teams and accounting to support the responsibilities listed above.
Perform all duties in compliance with EOG's SOX control functions and operational processes, with a strong emphasis on data integrity.