Lease Analyst

Ascent Resources•Oklahoma City, OK

2d•Onsite

About The Position

Ascent Resources is seeking an experienced Lease Analyst. This position is located in Oklahoma City, OK and will report to the Supervisor – Lease Records. The Lease Analyst reviews, interprets, and processes the various Land-related contracts such as leases, deeds, joint operating agreements, assignments, trade agreements, right-of-ways, etc. The individual will input and/or edit the data in the property records system utilized in maintaining the company assets as well as document and cross-reference any related information. In processing and maintaining the data, the individual will review and interpret title and ownership information and coordinate with the Land Department as to lease and payment obligations, title queries, expirations, significant deadlines, and owner inquiries.

Requirements

Excellent written and verbal English communications skills
Manage information with accuracy and critical attention to detail
Strong understanding of basic math concepts
Possess a working knowledge of oil and gas vocabulary as well as understand and read legal descriptions for a tract of land and have the ability to interpret land title information
Able to effectively manage time and prioritize projects in order to meet established deadlines
Demonstrate basic computer knowledge through effective use of a personal computer including Microsoft Office applications with special attention to Microsoft Excel
Able to learn company specific applications
Able to work and communicate effectively with all levels of co-workers, clients, and other external contacts.
High School Diploma or Equivalent

Nice To Haves

Familiarity with Quorum Land System (QLS) program
Bachelor's Degree

Responsibilities

Analyze the accuracy of lease and deed information, provision leases, set up payment obligations
Determine that acreage is properly accounted for in the system
Ensure payment information for leases and various contracts is accurate in the system and payments are made and documented in a timely manner
Setup various contracts including but not limited to: leases, deeds, assignments, JOAs, letter agreements, right-of-ways, and DPUs
Balance unit leasehold with DOI at the time of production
Evaluate monthly expiration reports and enter updates into the system database to maintain the integrity and accuracy of the leasehold
Review special obligation reports to ensure all obligations are being met and update the records accordingly
Review and circulate monthly rental reports to ensure that rental payments are accurate and made timely
Review transfer documentation and title information to ensure the correct mineral and leasehold ownership is reflected in the system
Complete various quality control checks to ensure the lease and contract records are accurate and up-to-date
Research and coordinate special projects relating to lease and contract records for various departments
Perform related duties as assigned by supervisor
Maintain compliance with all company policies and procedures