Lease Analyst II

Diamondback Energy • Oklahoma City, OK

1d

About The Position

Under general supervision, ensure the proper ownership obtained through acquisitions of all interest types, as well as the continued maintenance and accuracy of interest acquired in company operated and non-operated wells. Job Duties and Responsibilities: Include but are not limited to Analyze, interpret, and maintain leases and contracts for operated and non-operated properties Prepare and input lease and acquisition data information into Land System using prospect files, contracts/agreements, assignments, and title opinions Monitor well production and coordinate with other departments to proactively avoid loss of acreage Review of documents and supporting information to verify obligation payments for surface, rentals, delay rentals, and minimum royalty payments Determine working interests and burdens associated with interests based on title analysis of deeds, assignments, purchase & sale agreements, probate documents, leases, and royalty agreements Acts as liaison to Accounting, Land, and Division Orders departments when necessary, communicating effectively Ensure provisions are accurately identified, obligation payments are met, and keep leases and contracts valid Research and review multiple data sources to find specific information and then summarize that information Other duties as assigned by manager

Requirements

• Bachelor’s degree
• Minimum of five (5+) years of Oil and Gas land industry experience, Permian preferred
• Strong knowledge of MS Office, including Word, Excel, and Outlook

Nice To Haves

• Experience working within Land systems and applications such as: SAP, Quorum, and Drilling Info
• Experience working with Indian, State, and Federal leases within the Midland and Delaware basins preferred

Responsibilities

• Analyze, interpret, and maintain leases and contracts for operated and non-operated properties
• Prepare and input lease and acquisition data information into Land System using prospect files, contracts/agreements, assignments, and title opinions
• Monitor well production and coordinate with other departments to proactively avoid loss of acreage
• Review of documents and supporting information to verify obligation payments for surface, rentals, delay rentals, and minimum royalty payments
• Determine working interests and burdens associated with interests based on title analysis of deeds, assignments, purchase & sale agreements, probate documents, leases, and royalty agreements
• Acts as liaison to Accounting, Land, and Division Orders departments when necessary, communicating effectively
• Ensure provisions are accurately identified, obligation payments are met, and keep leases and contracts valid
• Research and review multiple data sources to find specific information and then summarize that information
• Other duties as assigned by manager

What This Job Offers

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