Division Order Analyst

PakEnergy • Oklahoma City, OK

5d

About The Position

The primary focus of the Division Order is to assist the Division Order team with the process of sending division orders, sending well exhibits, preparing mail-outs, receiving documents, scanning images, and logging cases.

Requirements

• 3-5 years’ experience in an equivalent role
• 4-year degree or equivalent work experience
• Experience in Land Administration and/or Minerals Management
• Comprehensive understanding of WI/NRI Calculations.
• Understanding of Title Opinions, Poolings, Title Documents, Farm-Out/In Agreements.
• Assignments of Interest, and Areas of Mutual Interest.
• Ability to chain title and determine current ownership.
• Proficiency in MS Office with a strong emphasis on Excel and Ability to learn Company Specific Software.
• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.
• Some travel may be required for on-site client visits & training.

Nice To Haves

• Experience CDOA preferred.

Responsibilities

• Prepares preliminary Division of Interest, which includes reviewing leases with early pay provisions to ensure owners are included in the preliminary DOI to comply with the lease obligations.
• Prepares final and payout Division of Interest and performs calculations of interests for all owners reflecting accurate ownership in wells.
• Determines and calculates leasehold and unit interests.
• Analyzes title requirements, cures title defects, and determines owner pay status.
• Researches and resolves owner decimal discrepancies.
• Review and analyze title documents (deeds, assignments, probates, title opinions, affidavits, etc.) and process ownership changes for both Revenue and JIB.
• Responds to owner inquiries (email, written, phone) within a timely manner; investigates revenue suspense; interface regularly with Clients, Revenue & JIB Accounting, and Owner Relations.
• Liaise with landmen, owners, clients, and attorneys in obtaining or providing data and/or explanations with ownership breakdown.
• Special projects as outlined by clients, coordinator, and/or management.

Benefits

• PakEnergy offers a casual business work environment, generous PTO, and a competitive compensation structure that includes sales commissions, paid health insurance and a 401(k)-retirement plan.
• We have a positive culture designed around the philosophy of mutual respect and the challenge of contributing to the continued success of our organization.
• PakEnergy is dedicated to individual growth opportunities, and we would love the opportunity to discuss with you in more detail!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level