Division Order Analyst
About The Position
Our client, a well-established energy company based in Dallas, TX, is seeking a highly organized and detail-oriented Division Order Analyst to join their team. The Division Order Analyst will be responsible for processing incoming division orders, managing and maintaining records of net revenue interest for incoming revenue, and ensuring accurate distribution of incoming royalties across the company's various entities. The role requires a thorough understanding of division orders, calculation of mineral and royalty interests, and oil and gas accounting principles. A qualifying candidate must be able to work independently, though with ample support and mentorship as needed from other members of the land team.
Requirements
- Experience with interest calculations and division order analysis from a royalty owner perspective
- Strong understanding of oil and gas industry practices, including mineral and royalty interests, land title, and division order processes
- Proficient in MS Office Suite, including Excel, Word, Outlook, and PowerPoint
- Effective communication and interpersonal skills
- Strong analytical and organizational skills with high attention to detail
- Self starter with a strong work ethic and a willingness to take ownership of assignments
- Able to draft business letters and emails to effectively communicate oil and gas title issues and accounting and interest calculation issues
Nice To Haves
- Bachelor's degree preferred
Responsibilities
- Review and process incoming division orders from operators and purchasers
- Calculate and verify complex divisions of interest from source records
- Analyze and interpret title opinions, mineral ownership reports, conveyances, assignments, leases, operating agreements, pooling and unitization agreements, and other title documents and oil and gas agreements to verify interests and update land records
- Assist the land team in interpretation of leases in connection with division orders to determine if leases are held by production or have terminated
- Investigate and resolve issues related to division orders, ownership disputes, and payment discrepancies, and serve as a strong advocate for the company's interests to ensure proper royalty payments
- Build rapport with remitters of revenue and maintain effective communication to quickly reconcile interest discrepancies or assets held in suspense, and ensure correct, timely revenue payments in accordance with lease terms
- Maintain and update ownership records in the company's land management systems, working closely with other members of the land team to maintain data integrity
- Assist in resolving accounting issues as needed
- Create and/or maintain mineral, lease, tract, division order, and well records, including physical folders, digital folders, and company database records
- Work effectively with land and accounting teams to meet company goals
- Other duties as assigned
Benefits
- Free on site parking is available in a company garage.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
