Lease Records Analyst

Full Time
Denver, CO
Posted
Job description

Responsible for the analysis of leases, contracts, title opinions, surface agreements and other legal documentation to determine company ownership and obligations in these documents and associated wells. The individual independently maintains and updates a group of assigned properties and can assist the team in resolving non-complex issues. Direct training and mentoring provided by Senior Analysts and COE Team and supervision for this position is provided by Manager.

Essential Roles and Responsibilities:

*
Analyze various documents including leases, contracts and title documentation to summarize company ownership and obligations

  • Set up leases and other agreements in Quorum Land System according to department processes and guidelines, using system applications and reports to ensure accuracy, consistency and data integrity.
  • Able to recognize less common provisions and ask for clarification when needed.
  • Calculate, summarize and accurately report company ownership and obligations for assigned area, with coaching from Senior Analysts or Manager.
  • Manage payment, expiration and obligations calendars, ensuring timely and accurate payment of rentals, extension options, shut-in payments and minimum royalties.
  • Perform general lease records maintenance in Quorum Land System.
  • Subdivide leases per company processes
  • Associate wells and other land agreements and work with Senior Analyst to work more complex wells to title
  • Understand and assist Senior Analyst in monthly 10K acreage reporting process.
  • Coach and mentor Level 1 Analysts and support staff
  • Prepare correspondence when needed, including letters, emails and memos.
  • Perform special projects as assigned to support Land Administration Department and company goals
  • Responsible for supporting Sr. Level Analyst in an area by performing lease maintenance, such as linking documents, updating lease extensions, adding recording data, recognizing and tying agreements that relate to one another without support of the Sr. Analyst.
  • Ability to run QQM reports to ensure accuracy, consistency and data integrity
  • Other duties as assigned

Education:
Bachelor’s Degree in Law, Petroleum Management or Business Preferred

Typical Experience:
Minimum of 0-2 years related experience**

SALARY RANGE: $60,000-$83,000 plus annual discretionary bonus

WORK SCHEDULE: Primary Remote with ability to come to the Denver office on short notice.

Job Type: Full-time

Pay: $10,000.00 per month

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