Ascent Resources
Ascent Resources is seeking an experienced Division Order Analyst. This position is located in Oklahoma City, OK and will report to the Division Orders Supervisor.
This position is responsible for analyzing leases and title documents to prepare division of interests dictating how royalty payments are to be disbursed based on ownership and maintaining that ownership for the life of the well.
Primary Duties & Responsibilities
- Analyze leases, title documents, and letter agreements 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 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
Knowledge, Skills and Abilities Required
Minimum Requirements:
- Able to complete work accurately on a timely basis
- Effective verbal and written communication skills
- Ability to work in a team-oriented environment
Education & Work Experience Required
Minimum Requirements:
- High School diploma or GED
- 2-4 years of experience in Division Orders
- Strong mathematical and analytical abilities
- Strong knowledge of MS Office, including Word, Excel and Outlook
- Well organized with the ability to manage multiple tasks
Preferred:
- Bachelor’s degree in Business or related discipline
- Prior experience with oil and gas title
Ascent Benefits
- Benefits start day one
- Generous 401(k)
- PTO based on industry or job-related experience
- Tuition assistance after 1 year
- Twelve paid holidays
- Many volunteer opportunities
- Gym reimbursement
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.
Equal employment opportunity, including veterans and individuals with disabilities.
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