Lease Analyst

Ensign Natural Resources

Houston (TX)

On-site

USD 90,000 - 130,000

Full time

2 days ago
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Benefits offered by this job

Cash bonus
Equity plans
Comprehensive benefits
Paid vacation
Sick time

Job summary

Ensign Natural Resources, headquartered in Houston, TX, seeks a seasoned Lease Records Specialist to manage land agreements, track producing acreage, and ensure timely payments to landowners. The role requires deep knowledge of land administration, lease terms, and contract provisions within a dynamic E&P environment.

The ideal candidate has at least 5 years in lease records, familiarity with Eagle Ford, and strong data analysis abilities to support acquisitions, due diligence, and ongoing

Qualifications

  • Bachelor’s degree preferred.
  • Minimum 5 years of industry experience in lease records.
  • Eagle Ford experience preferred.
  • Demonstrated understanding of land administration principles, including analysis and maintenance of various agreement forms, complex lease and contract terms and provisions, title issues affecting oil and gas leases.

Responsibilities

  • Review, proof, and approve land agreements (oil and gas leases, ROWs, water use, production sharing) for setup in land system, ensuring accuracy and data integrity.
  • Maintain assets by identifying and setting up complex provisions, payments, and obligations in land system for reporting and calendar tracking.
  • Build and maintain CPI Summaries for agreements with escalating payments and inflation adjustments per terms.
  • Track leases in land system for producing and non-producing acreage and depths based on title review.
  • Update agreement records in land system with amendments, assignments, and releases received via email or workflow.

Skills

Lease records
Land administration
Contract terms
Data analysis
Cross-functional collaboration
Attention to detail

Education

Bachelor's degree preferred

Job description

Ensign Natural Resources is a growth orientated independent E&P company scaling through strategic asset acquisitions and disciplined development. The company is entering its second iteration following the successful divestiture of its prior assets in late 2022. Ensign's operating philosophy centers on capital discipline, data-driven decision making, and continuous improvement. Headquartered in Houston, Texas, the company is led by a management team with over 20 years of experience in the acquisition, development, and exploration of unconventional resources.

At Ensign, attitudes and behaviors that support our culture matter. Employees are expected to foster a culture of personal responsibility, courage and good judgement while pursuing excellence in all efforts through passion, determination, and continuous improvement.

At Ensign, attitudes and behaviors that support our culture matter. Employees are expected to foster a culture of personal responsibility, courage and good judgement while pursuing excellence in all efforts through passion, determination, and continuous improvement.

Major Responsibilities
  • Review, proof, and approve land agreements (oil and gas leases, ROWs, water use, production sharing) for setup in Quorum (or similar land system), ensuring accuracy and data integrity
  • Maintain assets by identifying and setting up complex provisions, payments, and obligations in land system for reporting and calendar tracking
  • Build and maintain CPI Summaries for agreements with escalating payments, calculating and tracking inflation adjustments per agreement terms and the Consumer Price Index
  • Track leases in land system for producing and non-producing acreage and depths based on review of documentation and title in files
  • Update agreement records in land system with incoming amendments, assignments, and releases received via email or the lease records workflow
  • Review payment, obligation, and expiration eCalendars monthly to ensure timely, accurate payments to owners and corresponding land system updates
  • Oversee out-of-cycle check requests, including land system setup and processing with Accounting
  • Prepare calendar payments for certified mailing and maintain the Land payment report covering all calendar and out-of-cycle mailouts
  • Follow lease records filing procedures for all actions, correspondence, and tasks in document management system to maintain complete, accurate records
  • Support other departments and team members as needed
  • Deliver system reporting and ad hoc projects as needs arise
  • Analyze complex title, lease, and contract documentation to summarize company ownership and obligations
  • Support due diligence on acquisitions and divestitures
  • Produce detailed analyses of leases and contracts
  • Ensure accurate, timely mailout of extension, rental, shut-in, minimum royalty, and other land payments to landowners
  • Resolve administrative and technical issues as they surface
  • Communicate and document requests and issues involving leases, contracts, and other legal documents
  • Process ownership changes and oversee lease records cleanup
  • Perform general lease records maintenance in the land system, ensuring thorough, accurate documentation
Education, Experience & Skills
  • Bachelor’s degree preferred
  • Minimum 5 years of industry experience in lease records
  • Eagle Ford experience preferred
  • Demonstrated understanding of: Land administration principles, including analysis and maintenance of various agreement forms, complex lease and contract terms and provisions, title issues affecting oil and gas leases
  • Hands-on operator who sees the big picture and translates it into action
  • Energy and ability to collaborate across the entire organization
  • Confidence to challenge norms and openly share insights and data
  • Excellent analytical, strategic, and problem-solving skills, with sound business judgment
  • Entrepreneurial mindset that thrives in a dynamic, fast-paced environment
  • Proven record of delivering results and elevating the team
  • Strong interpersonal, verbal, and written communication skills
  • Systems aptitude and process orientation; able to manage multiple projects simultaneously
  • Driven, with a commitment to continuous improvement
  • Strong work ethic and high personal integrity
We Offer

Ensign offers competitive salary, cash bonus and equity plans. The Company also offers a comprehensive benefits package, paid vacation, sick time, and much more.

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