Division Order Analyst

 Posted 6 days ago
     
2-5 years experience
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AI Summary

The analyst is responsible for determining and verifying ownership interests in oil and gas production for operated and non-operated wells. They act as a liaison between owners and internal departments to ensure accurate pay decks and compliant disbursements.
Seeking a highly organized and detail-oriented Division Order Analyst to join our team. The Division Order Analyst is responsible for determining, maintaining, and verifying  the ownership interests in oil and gas production for all wells operated or non-operated by the company. This role serves as the primary liaison between owners — including royalty interest, working interest, and overriding royalty interest holders — and internal departments such as Revenue Accounting, Land, and Legal. The analyst ensures accurate pay decks and timely, compliant disbursements in accordance with lease terms, regulatory requirements, and company policy. This is a remote position. 

Primary Responsibilities 
  • Review and process incoming division orders from operators and purchasers
  • Calculate and verify complex divisions of interest from source records
  • Analyze and interpret title opinions, leasehold ownership reports, conveyances, assignments, leases, operating agreements, pooling and unitization agreements, and other title documents and oil & gas agreements to verify interests and update land records
  • Assist the Land team in interpretation of leases in connection with division orders to determine if leases are held by production or if the lease has terminated
  • Investigate and resolve issues related to division orders, ownership disputes, and payment discrepancies. Be a strong advocate of company interests to ensure proper revenue payments.
  • Build a rapport with remitters of revenue and maintain effective communications to quickly reconcile interest discrepancies or assets held in suspense and ensure correct, timely revenue payments in accordance with the leases on company interests
  • Maintain and update ownership records in the firm’s land management systems
  • Assist in resolving accounting issues as needed
  • Maintain lease, division order, and well records
Experience:
  • Irth, Pandell, Quorum, Land Solutions, Site Traker, etc or similar Data Base experience for 
    Project Management

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