What are the responsibilities and job description for the Staff Land Analyst position at Marathon Oil?
Job Overview:
The candidate should be detail oriented and confident in calculating net mineral acres and net revenue interest to derive company ownership. Candidate should have experience with Acquisition and Divestiture Projects with regards to due diligence, closing tasks and data conversion. Candidate should also have broad knowledge of oil and gas contracts and provisions and how they affect leasehold ownership and impact production operations.
Responsibilities:
- Analyze and setup leases and contracts in the Quorum Land System. Ensure data standards and procedures for setup, physical file and image processes for all leases and contracts are followed. Provide input on process improvement initiatives. Experience in North Dakota, Texas, New Mexico and Oklahoma properties a plus.
- Perform internal due diligence on company owned leases, contracts and wells to assist the Land Professional or Business Development in the preparation of commercial trades, acquisitions and divestitures. Updating the Quorum Land System to reflect the most current net acres and net revenue interest to facilitate accurate reporting and exhibits.
- Prepare lease and contract exhibits for assignments, wellbore dispositions, JOA's and Farm-Outs for the Land Professional as needed. Review monthly rental schedules, lease expirations and contract expirations to be reviewed by the Land Professional.
- Review monthly contract obligations for drilling obligations and penalties, escalating royalties, and reversion of interest and/or ownership.
- Conduct Lease and Contract maintenance on the Quorum Land System to reflect Marathon’s current ownership (net acres and net revenue interest by depth), status of the Lease and Contract based on ownership changes and complex contracts (i.e. Assignments, Farm-Outs, Exploration Agreements, Title Opinions, AMI’s, JOA’s, complex mineral leases, etc.)
- Review spatial report to ensure that all lease and contract spatial is accurate and reflects the correct surface boundary and acres accurately represent Marathon’s ownership.
- Assist the Land Professional in obtaining curative materials as required to satisfy Drilling Title Opinion requirements. Collaborate with the Division Order Analyst to provide necessary documentation for accurate Division Order setup and maintenance of Marathon’s interest and ownership.
- Participate in special projects and assist with training and mentoring as needed to support knowledge transfer.
- Review Marathon’s leasehold ownership to determine future interest in non-operated drilling spacing units.
Qualifications:
- Bachelors degree required. Major in PLM, Energy Management and Business disciplines preferred
- Minimum eight years of work experience as a Land and Title Analyst.
- Computer Proficiencies: Quorum Land System, Thought Trace, and SAP preferred. Experience with ESRI’s ArcView, Drilling-Info and Microsoft Office (advanced Excel skill level) are required.
- Certifications in AAPL, NALTA or NADOA certification a plus
Job Type: Full-time
Pay: $1.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Flexible schedule
- Health insurance
- Paid time off
Schedule:
- Monday to Friday
Work Location: One location