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Division Order Analyst

Company: Concho Resources
Location: Bartlesville
Posted on: November 22, 2021

Job Description:

Who We Are We are one of the world's largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 15 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization. We're grounded by our SPIRIT Values - safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business - but not at all costs. We believe it's not just what we do - it's how we do it - that sets us apart. We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas, and perspectives of our employees drive our success. Description Land Administration is a leveraged, multi-functional organization responsible for establishing, maintaining, and protecting the legal ownership of real property assets for ConocoPhillips. The department provides distinct value to the company through analyzing legal documents such as oil and gas leases, contracts, title opinions, and conveyance documents to establish and maintain joint venture and revenue ownership. Owner inquiries regarding lease interpretations, ownership interest calculations, payments, and transfer of ownership are managed by the department. The maintenance of lease acquisition costs, and creation of visual representations through use of spatial data for both surface and mineral ownership facilitates and aids in business decisions. If you are selected as the Division Order Analyst, you will be responsible for establishing and maintaining title ownership in oil and gas producing assets through the examination of oil and gas leases, contracts, division order title opinions, conveyances, and probate documents, as well as other supporting data to ensure timely and accurate payment to interest owners. You will engage and network with internal and external business partners to develop the knowledge and experience to make sound business decisions to resolve complex ownership issues in a manner that limits company risk of penalty, litigation, poor owner relationships, and impairment of assets. This position will be based in Bartlesville, Oklahoma. Your responsibilities may include: * Analyze and interpret legal ownership through the examination of division order title opinions and calculate/confirm the correct decimal of interest ownership * Address existing title requirements and request curative documentation or collaborate with Land to waive the title requirement * Analyze and interpret oil and gas leases and contracts to determine their impact to revenue settlement * Establish and maintain legal revenue ownership in SAP-PRA * Perform authorization for payment of proceeds to interest owners when title is adequate and authorize suspension of funds when title is not clear * Maintain and adjust legal ownership throughout the life of the producing asset by adjusting ownership pursuant to conveyances, probate, court orders, liens, etc. * Collaborate with other ConocoPhillips departments and outside parties to resolve conflicts and procure necessary information/legal documentation * Develop a network of contacts and maintain a positive rapport with both internal and external customers * Review/interpret the effect lease/contracts terms and the impact to Revenue settlement by collaborating with Finance, Land and Royalty Compliance * Participate in due diligence activities by validating ownership * Develop proficient use of technology resources to aid in resolution of settlement activity Basic/Required: * Must be legally authorized to work in the United States as a U.S. citizen or national, or an alien admitted as a permanent resident, refugee or asylee * Must have received or be willing to receive the COVID-19 vaccination, by date of hire to be considered. Proof of vaccination, or ConocoPhillips approved accommodation, required * Bachelor's degree or higher in Business, Accounting, Finance, Energy Management, Agricultural Economics, Economics or other related discipline or foreign equivalent * 1+ years of direct experience in the oil and gas industry Preferred: * 1+ years of direct division order experience * 1+ years of experience with SAP- PRA Ownership Module or other land system software * 1+ years of experience with Spotfire or other data analytics software * 1+ years of experience with Business Objects or other Data Query and Reporting software * Takes ownership of actions and follows through on dedications by holding others accountable and standing up for what's right * Delivers positive results through realistic planning to accomplish goals * Builds effective solutions based on available information and makes timely decisions that are safe and ethical To be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of November 16, 2021. Candidates for this U.S. position must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee or asylee. Individuals with temporary visas such as A, B, C, D, E, F, G, H, I, J, L, M, NATO, O, P, Q, R or TN or who need sponsorship for work authorization in the United States now or in the future, are not eligible for hire. ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity, or expression, genetic information, or any other legally protected status. #LIMR

Keywords: Concho Resources, Tulsa , Division Order Analyst, Professions , Bartlesville, Oklahoma

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