111 – Sr. Division Order Analyst

Posted: November 7, 2022

Candidates must include job number on submitted resume to be considered for position.  Candidates must also submit a completed application, self-id form, and a current resume to be considered for position. 

Job Number:           111

Position Title:         Sr. Division Order Analyst

Work Location:       Houston, Texas

Job Description:

The Senior Division Order Analyst controls the accuracy of the division of interest records or payment records from the time the well goes online until the well is plugged to ensure the well is set up according to record title. Payments in accordance with record title are essential if the Company wants to control its risk against loss of investment. The Division Order Analyst must have a clear understanding of Federal, State and regional laws as they pertain to the conveyance of minerals and oil and gas rights, contracts, leases, pooling, unitization and deducts. During the life of a well the Division Order Analyst will interact with working interest owners, royalty owners, contractual partners, mineral owners, the Land department, the Revenue Accounting department, the Lease Records group, and others to provide information and calculations.

Duties:

  • Review and analyze title opinions, title spreadsheets, leases and contracts to establish or change ownership decimal interests and cure title requirements to establish and update ownership records
  • Create new well spreadsheets, based on title, and set up new wells in W Energy as the wells are turned online
  • Request documentation from Land, owners, partners, and attorneys to cure title requirements related to payment of royalties
  • Calculate Company working and billing interest and associated burdens in wells and supply to Revenue Accounting / Joint Interest Billing
  • Verify Company working interest, royalty and override interests for well ownership on incoming outside Division Orders
  • Maintain ownership through transfers, corrections, money transfers and suspense changes
  • Work closely with Revenue Accounting to ensure correct payment of royalties
  • Assist management and Land with research and data cleanup projects
  • Coach and teach less experienced team members
  • Communicate with owners on title issues and questions
  • Request title curative/conveyance documents from owners
  • Research deductions corrections and update W Energy accordingly

Qualifications:

  • High School diploma with Bachelors degree preferred
  • Minimum 5 years Division Order experience
  • W Energy Software experience strongly preferred
  • Demonstrated experience using Microsoft Outlook, Word, and Excel
  • Must communicate well with others and demonstrate the ability to collaborate

Terra is an Equal Opportunity Employer/Individual with Disability/Veteran Status:

As an EEO/Affirmative Action Employer all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, genetic information, disability or veteran status.

How to Apply?

Download the application formvoluntary self id, fill it out and send it to work@terraep.com along with your resume. Please reference “Job #111” within your email or in the subject reference. Terra HR will review the information and get back to those who will be considered further.