Sr. Lease Records Analyst

SM-Energy Company•Denver, CO

13d•$96,050 - $118,650

About The Position

Responsible for the analysis of leases, contracts, surface agreements, 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 issues. This position requires limited 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, and County Records search.
Strong understanding of Quorum applications, including ability to build and modify basic QQM queries.
Basic knowledge of analytical tools such as Power BI and Spotfire with willingness to enhance skills and understanding.
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.
Minimum of 5 years related experience

Nice To Haves

Bachelor’s Degree in Law, Petroleum Management or Business Preferred.

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 the 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 Title Opinions, analyze mineral ownership and Gross and Net Working interest ownership, depth severances, lease provisions, and chain of title while updating Quorum (Working the Well)
Provide monthly reporting requirements of acreage adjustments to Landman and Managers for 10K reporting
Review monthly Data Integrity reports and make appropriate Quorum updates
Prepare correspondence – cover letters, inquiries, requests, and internal communications.
Perform or 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
Other duties as assigned
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
Prepare correspondence – cover letters, inquiries, request, etc.
Perform special projects as assigned to support Land Administration 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