Division Order Analyst

Location: 

Oklahoma City, OK, US

Category:  Land Jobs

At Devon, we will offer you a career full of energy and unmatched opportunities to solve today’s greatest challenges. Innovation, creative problem-solving and positive change happen when people step out of their comfort zone and think differently. Our values, workplace practices, wellness programs, benefits and compensation are aimed at helping employees manage their unique personal life and care for their families so they can focus on contributing to the fullest.

 

BASIC ACCOUNTABILITY

This position, working under general supervision, is responsible for handling matters related to division orders within a geographic area. The role reviews and analyzes oil and gas leases and related exploration and production contracts to ensure proper maintenance of these assets acquired by assigned division or geographic area, and maintains related digital files. The role involves maintaining record and equitable title ownership of producing properties in accordance with company policies and legal requirements.

 

EDUCATION

Bachelor's Degree in Energy Management, Business Administration or any other related discipline and/or commensurate work experience is required.

 

EXPERIENCE

3+ years of relevant experience, preferably in areas such as Division Order processing, Royalty Calculations, Land and Lease Management, Contract Management, Title and Ownership Verification, or a related field.

 

JOB RESPONSIBILITIES

  • Ensures effective administration of division order responsibilities relative to producing properties and performs a series of analytical and revenue/royalty related activities from initial well production through the life of the well.
  • Works under general supervision, actively participates in change efforts within the Division Order team, and establishes influential relationships with internal and external stakeholders, cultivating effective working connections.
  • Analyzes leases, title opinions, land agreements, and contracts to determine or confirm the company’s interests, royalty rates, payment provisions, and disbursing obligations on company operated producing properties as well as outside operated producing properties.
  • Establishes and maintains ownership records for persons legally entitled to the proceeds of oil and gas production through initial set up of the master ownership division of interest, calculates and prepares division orders for all owners legally entitled to the proceeds of oil and gas production, and processes all subsequent changes of the initial set up of the master ownership division of interest.
  • Develops an understanding of business acumen, recommends modifications, and communicates effectively, sharing knowledge and actively identifying opportunities for data quality improvement within the land administration department.
  • Maintains and improves data quality as it relates to division of interest data within assigned geographic area.
  • Obtains pertinent documents for completion of the files and maintains existing files, monitors drilling reports and well status notices, and maintains file records containing leases, contracts, documents, maps, title, and related correspondence.
  • Responds to division order related inquiries related to assigned geographical area.
  • Evaluates and recommends solutions independently, assesses division order-specific risks, and demonstrates the ability to    prioritize and complete assignments, contributing to collaborative, goal-oriented team efforts.
  • Ensures effective and timely administration of title/division order responsibilities in accordance with statutory payment requirements within assigned geographical area.

 

COMPETENCIES AND SKILLS REQUIRED

  • Stakeholder Relationships
  • Oral & Written Communication
  • Results Oriented
  • Active Learning
  • Digital Literacy
  • Business Acumen
  • Innovation
  • Division Order Processing
  • Title Examination
  • Legal & Regulatory Knowledge
  • Land Administration Systems Knowledge
  • Leasehold Due Diligence
  • Data Analysis & Reporting
  • Process Implementation
  • SAP PRA Ownership experience preferred
  • Land Records Management System Knowledge

 

Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law.

For more information on Equal Employment Opportunity, please follow these links:
EEO is the Law

EEO is the Law Supplement
Pay Transparency Provision

 

Devon Energy is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. Applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process may contact the Devon Talent Acquisition Team at Diversity@dvn.com


Nearest Major Market: Oklahoma City
Nearest Secondary Market: Oklahoma

Job Segment: Compliance, Recruiting, Law, Contract Manager, QA, Legal, Human Resources, Quality