Sr Division Order Analyst

RadNet, Inc.; Fort Worth (TX); Hybrid; USD 90,000 - 120,000; Full time

Job summary

RadNet, Inc. in Fort Worth, Texas, is seeking a Senior Division Order Analyst to manage unit information related to leases and agreements. This role involves conveying ownership transfers, analyzing lease documents, and ensuring all set-ups are completed accurately.

The ideal candidate will have over 8 years of experience in the oil and gas industry along with a relevant degree. The position offers a hybrid work schedule.

Qualifications

• Minimum 8 years experience in the oil and gas industry.
• Bachelor's degree in a relevant field preferred.
• Professional certifications such as CDOA or NADOA are preferred.

Responsibilities

• Analyze lease, contract, and legal title files for interest set-up.
• Monitor drilling and assignment schedules for timely set-ups.
• Research files, analyze estate documentation to resolve discrepancies.
• Prepare and review title documents related to ownership transfers.

Skills

Analytical skills

Attention to detail

Communication skills

Team collaboration

Education

Bachelor's in Business Administration, Petroleum Land Management, Energy Management, Accounting

Tools

WebMap

Job description

The primary responsibility of this position is the organization and analysis of unit information obtained from leases, agreements, drilling and division order title opinions, title requirements, curative, and other land related documents. This information is used to create and amend divisions of interest for the purposes of billing, revenue disbursements, division/transfer orders, including the set up and maintenance of revenue, JIB, take in kind, and all other related decks. The senior division order analyst will mentor junior analysts, and will report to the Division Order Supervisor. Hybrid schedule.

Responsibilities

• Prior to division of interest set-up of producing unit, analyze lease, contract, and legal title files for proper well set ups for both revenue and billing purposes. Review title opinions, joint operating agreements, unit designations, plats, and letter agreements. Review post production caps.
• Ensure that producing well set-ups and owner maintenance is completed as assigned on or before the monthly accounting deadline.
• Monitor drilling schedule and DOA assignment schedule to set up new properties in a timely manner. Interface with rig line captains and landmen to manage and maintain unit set ups and unit amendments.
• Research files, analyze wills and deeds to solve complicated estate, transfer, and ownership changes/discrepancies.
• Review and manage suspense and escheat items.
• Understand and follow all SOX requirements as established for the department.
• Review and approve work completed by others per SOX compliance departmental standards.
• Perform complicated calculations of divisions of interest. Accurately input division of interest information (revenue, joint interest billing and take in kind decks).
• Review title documents for ownership transfers (estate paperwork/legal title conveyances). Work closely with Owner Relations Team to respond to owner inquiries and advise of requirements to allow for proper payment of their interest. Update decks and issue transfer orders/notices.
• Prepare reversal/rebooking decks as necessary to ensure revenue prior period adjustments are completed accurately.
• Generate suspense reports and release suspense as appropriate.
• Interact with peer departments to obtain relevant information that impacts ownership and revenue distribution
• Assist in audit review as necessary.
• Review and approve work completed by others per SOX compliance departmental standards.
• Run queries and generate reports as necessary.
• Research and input non-operated interests.
• Identify and verify leasehold and unit acreage using WebMap.

Being courteous, cooperative, and helpful are conditions of employment with Range. Additionally, each item listed below is an essential function of this position.

• Regular and timely attendance
• Deal professionally and respectfully with coworkers, management and others
• Read, comprehend and follow applicable policies, procedures and directions
• Work with others as part of a team to ensure efficient operations and enhanced productivity
• Safeguard confidential information and disclose only to those in "need-to-know" positions
• Safeguard and enhance Range's assets and business interests
• Consistently perform all job duties at an acceptable level

Requirements

Minimum Education: Bachelors in Business Administration, Petroleum Land Management, Energy Management, Accounting or related field preferred

Minimum Experience: 8+ years experience

Professional Certifications/Training Preferred: Certified Division Order Analyst (CDOA), National Association of Division Order Analysts (NADOA), Dallas Fort Worth Association of Division Order Analysts (DALWORTH)

Conditions of Employment:

• Oil & Gas Exp Critical
• Travel - No
• Work Conditions - Office (see footnote)
• Telecommuting Eligible (Hybrid - see footnote)

Physical Requirement Considerations (see footnote): Carrying up to 25lbs,Data Entry,Filing,Holding up to 25lbs,Lifting up to 25lbs,Sitting,Sorting,Standing,Typing,Vision,Walking, Writing (by hand)

Working Conditions: Working conditions vary based on the location of the work performed. Work performed in an office is typically in a climate controlled indoor setting. Work performed in the field may require the employee to be subjected to seasonal field conditions ranging from normal to extreme temperature and weather conditions and employees must be able to work in remote, isolated areas.

Physical Requirement Considerations: The physical requirements that are defined above are the most common requirements for this role. Exact physical requirements may vary for many reasons, including but not limited to physical location, working conditions, and responsibilities not specifically listed in this description. Final determination of physical requirements will be made by the supervisor.

Telecommuting Eligibility - Hybrid Schedule Available: Jobs with responsibilities primarily done via computer and/or phone successfully may be considered eligible to telecommute. If a job is eligible for telecommute but an individual employee's performance is not satisfactory, the employee may be required to work in the office until the work performance has developed to a satisfactory level. Telecommuting is not an entitlement, and it does not change the terms and conditions of employment with the Company.