What are the responsibilities and job description for the Senior Lease and Contracts Analyst position at Coterra Energy?
Coterra is hiring a Senior Lease and Contracts Analyst.
JOB DESCRIPTION
As a Senior Lease & Contracts Analyst you will review, analyze, verify, and set up oil and gas leases and contracts into P2 Land as it relates to land and mineral ownership and contractual rights. This position reports to the Leases and Contracts Manager and is located on site, at our Houston, Texas headquarters.
Essential Duties and Responsibilities
Monitor and coordination of recommendations made by business units in E-calendar as related to obligations, rentals, expirations, and minimum royalty payments and take appropriate actions.
Review and track weekly and monthly shut-in reports, and take appropriate actions in Land application, if necessary.
Initiate payments and invoices for rentals, shut-ins, and minimum royalties as they become due.
Review of semi-annual reports, including but not limited to, end of month accounting, escheated funds, and prospect acreage reports to ensure accuracy.
Interpret, set up, maintain and tract out complex leases, contracts and company owned lands within P2 Land to include accurate identification of provisions, obligations and tying related documents.
Review deeds, assignments, and related agreements to process complex ownership changes in P2 related to lease maintenance and acquisitions and divestitures.
Review and update the status of leases and contracts due to well completions, well plugging, shut-ins or other well status changes for operated properties and take appropriate actions, if necessary.
Proficient in the calculation of working interests, net revenue, royalty, and related interests.
Work with the Business Units on the research and preparation of Oil and Gas Lease Releases.
Collaborate with Division Order Analysts to ensure that lease records and division order records reflect most updated title data
Skills and Experience
Experienced with a land management software system, preferably Tobin Land System or P2 Land.
Knowledgeable with regards to complex lease and title issues, preferably in the Permian Basin, Anadarko Basin, Marcellus Shale and State and Federal Agencies.
Established proficiency with Microsoft Office required, with emphasis on Excel, Word, and Dynamics.
Ability to adapt and work within various peripheral and analytical software applications, such as Spotfire, Hyland OnBase and Microsoft Dynamics.
Education Requirements
Minimum: High School Diploma, Bachelor's Degree in Legal, Finance, Accounting or Business preferred
Years of Experience
Minimum of five (5) years of experience in the oil and gas industry working as a Lease Analyst or in Corporate Land Administration
Previous Oil and Gas industry required
Travel Requirements
Less that 5% Some travel may be required for training purposes.
ABOUT COTERRA ENERGY
Coterra Energy Inc. was formed in October 2021 as the result of a merger between Cabot Oil & Gas Corporation and Cimarex Energy. By merging, the two legacy companies have created one entity full of talented people with decades of experience in the energy industry. Our team is passionate about delivering reliable energy to all and achieving environmental excellence while doing so. We embrace innovation and technology and encourage an atmosphere of open dialogue between employees and leadership.
EEO-1 Statement
Coterra Energy Inc. is an equal opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.
