Sr. Lease Records Analyst

SM-Energy Company•Denver, CO

7d•$119,000 - $147,000

About The Position

Responsible for the coaching and mentoring of other analysts. Responsible for analysis of leases, contracts, title opinions and other legal documentation to determine company ownership and obligations in these documents and associated wells. The individual independently maintains and updates a group of assigned properties and assists the team in resolving complex issues. This position requires minimal supervision.

Requirements

Demonstrate strong understanding of Office/PC skills and effective use of Microsoft Office applications and the ability to make effective use of company & industry specific software, such as SPEX, TRRC Website, County Records search, and data analytic tools such as Power BI and Spotfire.
Strong understanding of Quorum applications, including ability to build and modify basic QQM queries.
Ability to understand, summarize and report company ownership and obligations for assigned area.
Ability to account for and reconcile acreage changes each month/quarter and answer questions regarding acreage from regional land, accounting, audit, and other departments.
Ability to calculate and maintain company participation on leases.
Proficient understanding and knowledge of acquisition/divestiture process.
Ability to train and mentor lower-level analysts

Responsibilities

Analyze various leases, contracts, agreements, and title documentation to summarize company ownership and determine common and more complex obligations
Set up new leases and other agreements in Quorum Land system according to company processes, proof work and approve agreements to ensure accuracy and data integrity of self and others
Perform regular lease maintenance, including research and analysis, to ensure accurate reporting; obtain missing data, when necessary.
Review Second Set of Eyes on new lease set up and lease maintenance
Manage payment calendar for assigned area, ensuring timely and accurate payment of rentals, extension options, shut-in payments, and minimum royalties.
Work with regional land to ensure that obligation and expiration calendars monitored and completed in a timely manner
Review complicated Title Opinions, analyze mineral ownership, Gross and Net Working Interest ownership, depth severances, lease provisions, and chain of title while updating Quorum
Provide monthly reporting requirements of acreage adjustments to Landman and Managers
Assist manager with quarterly and year-end reporting
Review monthly Data Integrity reports and assign to LR Analyst to make appropriate Quorum updates
Prepare correspondence – cover letters, inquiries, requests, and inter-company communications.
Perform and manage special projects as assigned to support Land Administration and Company goals
Assist with Due Diligence for company acquisitions and divestitures
Follow, improve upon, and create new departmental processes to ensure efficiency, accuracy, consistency, and data integrity
Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities
Analyze various forms, including complex title, lease and contract documentation to summarize company ownership and obligations
Assist with due diligence for company acquisitions and divestitures
Create and generate detailed and complex analysis of leases and contracts
Ensure timely and accurate payment of rentals, shut-in payments and minimum royalties
Resolve administrative and technical issues
Communicate and document requests and issues with lease, contracts or other legal documents
Review leases, understand and determine shut-in and minimum royalty
Ensure timely and accurate payment of rentals, shut-in payments and minimum royalties
Set up new leases and contracts in Land system, proof work and approve all agreements being created in order to ensure accuracy and data integrity
Make and oversee ownership changes and clean-up of lease records
Perform general lease records maintenance in land system, ensure accurate and thorough documentation
Perform special projects as assigned to support Lease Records Department and Company goals
Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities
Other duties as assigned