What are the responsibilities and job description for the Sr. Division Order Analyst position at Ascent Resources?
Ascent Resources is seeking an experienced Sr. Division Order Analyst. This position is located in Oklahoma City and will report to the Supervisor – Division Orders.
The Sr. Division Order Analyst will be responsible for analyzing leases and title documents to prepare division of interests. This dictates how royalty payments are to be disbursed based on ownership and maintaining that ownership for the life of the well. At the Sr. level, they are also responsible for the mentoring and training of newly hired/promoted Sr. Division Order Techs and Analysts.
Primary Duties & Responsibilities
• Analyze leases, title documents, and letter agreements in order to set up and validate ownership in operated and non-operated wells
• Process maintenance transfers and pay code changes based on documentation received from lessors and partners
• Input and maintain tax exemptions, market exemptions, bearer groups and other related system data in Quorum
• Communicate with internal and external business partners and owners to obtain needed information and documents
• Research ownership through laws of descent and distribution/interest succession
• Perform detailed analysis of legal documents sent in by lessors/partners in order to process ownership transfers
• Process and validate division orders received from outside operators
• Perform quality control projects to review for any anomalies in our ownership data within Quorum
• Process returned royalty checks (for bad address) and working with Accounting to void those funds to suspense or pay
• Coordinating with Accounting to verify owners are paid accurately and timely based on the restrictions listed in leases, agreements and various state statutes
• Respond to inquiries from mineral owners, title attorneys, other third parties and internal staff regarding property interests
• Responsible for assisting Owner Relations, Division Order Techs, and Division Order Analysts (non Sr. level) through complex inquiries from lessors/partners and title issues
• Responsible for training Sr. Division Order Techs on oil and gas title and set up of deal sheets for new wells
Knowledge, Skills & Abilities
Minimum Requirements:
• Thorough knowledge of oil and gas land contracts and legal instruments
• Strong mathematical and analytical abilities
• Well organized with the ability to manage multiple tasks
• Able to complete work accurately on a timely basis
• Effective verbal and written communication skills
• Ability to work in a team oriented environment
Preferred:
• Prior experience with oil and gas title
Education & Work Experience Required
Minimum Requirements:
• High School diploma or GED
• 5 years of experience as a Division Order Analyst
• Strong knowledge of MS Office, including Word, Excel and Outlook
Preferred:
• Bachelor’s Degree
• Obtained CDOA certification
Ascent Benefits
• Benefits start day one
• 7% company matching 401(k) dollar for dollar 3% non-elective 401(k) contribution
• PTO based on industry or job-related experience
• Tuition assistance after 1 year
Ascent Resources provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Ascent complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
The Sr. Division Order Analyst will be responsible for analyzing leases and title documents to prepare division of interests. This dictates how royalty payments are to be disbursed based on ownership and maintaining that ownership for the life of the well. At the Sr. level, they are also responsible for the mentoring and training of newly hired/promoted Sr. Division Order Techs and Analysts.
Primary Duties & Responsibilities
• Analyze leases, title documents, and letter agreements in order to set up and validate ownership in operated and non-operated wells
• Process maintenance transfers and pay code changes based on documentation received from lessors and partners
• Input and maintain tax exemptions, market exemptions, bearer groups and other related system data in Quorum
• Communicate with internal and external business partners and owners to obtain needed information and documents
• Research ownership through laws of descent and distribution/interest succession
• Perform detailed analysis of legal documents sent in by lessors/partners in order to process ownership transfers
• Process and validate division orders received from outside operators
• Perform quality control projects to review for any anomalies in our ownership data within Quorum
• Process returned royalty checks (for bad address) and working with Accounting to void those funds to suspense or pay
• Coordinating with Accounting to verify owners are paid accurately and timely based on the restrictions listed in leases, agreements and various state statutes
• Respond to inquiries from mineral owners, title attorneys, other third parties and internal staff regarding property interests
• Responsible for assisting Owner Relations, Division Order Techs, and Division Order Analysts (non Sr. level) through complex inquiries from lessors/partners and title issues
• Responsible for training Sr. Division Order Techs on oil and gas title and set up of deal sheets for new wells
Knowledge, Skills & Abilities
Minimum Requirements:
• Thorough knowledge of oil and gas land contracts and legal instruments
• Strong mathematical and analytical abilities
• Well organized with the ability to manage multiple tasks
• Able to complete work accurately on a timely basis
• Effective verbal and written communication skills
• Ability to work in a team oriented environment
Preferred:
• Prior experience with oil and gas title
Education & Work Experience Required
Minimum Requirements:
• High School diploma or GED
• 5 years of experience as a Division Order Analyst
• Strong knowledge of MS Office, including Word, Excel and Outlook
Preferred:
• Bachelor’s Degree
• Obtained CDOA certification
Ascent Benefits
• Benefits start day one
• 7% company matching 401(k) dollar for dollar 3% non-elective 401(k) contribution
• PTO based on industry or job-related experience
• Tuition assistance after 1 year
Ascent Resources provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Ascent complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.