Land Analyst II - Escheat

Expand Energy•Oklahoma City, OK

48d

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 Expands 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 intermediate level position provides analysis and prepares Land documentation and reports to facilitate Land Audit, Escheat, Reporting, Lease Payments, Owner Maintenance, and other Land functions.

Requirements

Intermediate understanding of core functions of the various groups in the Land Department and the interdependencies between each department
Intermediate understanding of basic Land practices and terminology including but not limited to lease terms, identifying ownership information, acreage terminology, and lease and well statuses.
Intermediate understanding of SOX and Regulatory Requirements
Knowledge of the life of a well and the various impacts on systems and data through the well’s lifecycle
Ability to independently serve as a liaison between Expand Energy and the partner
Ability to write change communication and training documents in an effective and concise manner
Intermediate understanding of Land process workflows and functions, specifically those surrounding lease data
Proficiency in Microsoft Office suite
Proficiency in SAP and LandView
Understanding of basic 1099 reporting requirements
Basic working knowledge of Snowflake tables for utilization in Land reporting
Understanding of system and network guidelines for managing large quantities of data and applying those guidelines during data transfers
Ability to read, understand and maintain Land Service Agreements (LSA’s) with vendors
Minimum: High school diploma or GED
Minimum: 2 - 5 years related work experience

Nice To Haves

Preferred: Bachelor’s degree - from accredited university - Energy Management or MIS

Responsibilities

Operates Land Escheat and Suspense processes
Performs research to reunite owners with suspended funds
Evaluates and refines processes as needed
Performs due diligence as required
Understands state requirements for unclaimed property, and ensures the company is compliant
Monitors filing deadlines and thresholds
Coordinates payments to states as required
Acts as liaison between Expand Energy and state unclaimed property offices
Performs other duties as assigned, including but not limited to the following:
Utilize company tools and systems to perform agreement maintenance
Utilize company tools and systems to gather and perform advanced analysis of data
Implement, maintain and process quality control (QC) reports for Land; utilization of company tools and systems to ensure completeness and accuracy of reports
Manage Land metric reporting needs
Set up Land payment obligations within the company’s Lease Records system
Create, maintain, and update new and existing lease record information in Land systems and applications
Research, analyze, and interpret standard and routine title opinions, ownership reports, and other curative documents
Ensure and verify that lease records are accurate and up-to-date and include all pertinent information including lease, payment, ownership and special obligations
Perform lease records maintenance activities in land systems and databases, which include updating well and lease information, processing transfers, dropping records, reviewing payments, extensions, etc.
Review, prepare, and disseminate land record reports to ensure any special obligations, payments, and expirations are made on time and are accurate
Research and prepare memorandums of lease extensions, release of oil and gas leases, and assignments of oil and gas leases to ensure ownership is reflected correctly from the record title
Prepares, compiles, and processes lease packets
Retrieves, reviews and verifies leases, title, curative for unit review
Verifies and processes lease payments
Maintains, organizes, and tracks budgets, well, lease information, elections, proposals, and broker activity in land system databases and virtual files
Develops proposals by collecting supporting documentation including AFEs, Plats, Permits, etc., and routes and tracks approvals
Performs general well maintenance, such as monitoring expirations, filing contracts of record, and updating in system databases and virtual files
Validates that the correct payment is being made by looking at ownership reports, title opinions, etc.
Generates information from GIS mapping systems, making recommendations in GIS system as needed
Reconciles lease information, such as curative needs, missing leases, competitor acreage, landowner issues, etc.