ConocoPhillips Land Analyst- Permian in MIDLAND, Texas
Title: Land Analyst- Permian
Location: NORTH AMERICA-USA-TEXAS-MIDLAND
Job Number: 00U7M
Who We Are
We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 15 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas and perspectives of our employees drive our success.
ConocoPhillips and its heritage companies have operated in the Permian Basin for almost 100 years. Across New Mexico and Texas, the company holds conventional positions in the Northwest Shelf and Central Basin Platform, and an unconventional position in the Delaware Basin. At year-end 2020, the company held about 750 thousand net acres across the basin, with net production of 85 thousand barrels of oil equivalent per day. ConocoPhillips is committed to being an innovative and environmentally responsible operator, and the new technologies and practices that it is using in this area exemplify that.
In January 2021, ConocoPhillips completed the acquisition of Concho Resources Inc., greatly expanding the company’s position in the Permian Basin. The addition of 550,000 net acres complements the company’s position in the Delaware and Midland Basins and created a sizeable Permian presence.
If you are chosen for this position, you will partner with the Permian Land Asset Teams in acquiring and maintaining oil & gas leases and Exploration & Production contracts. In addition, you will be a key contact for mineral owner questions, issues or demands.
Responsibilities may include:
Researching and analyzing leases and contracts
Inputting complex data entries into well planning systems when setting up operated and non-operated wells, this includes calculating and determining working interest and net revenue interest in new wells, recompletions, and non-consents
Inputting lease data information into Quorum Land System (i.e. ownership, burdens, payment, legal segments and depths), lease and contract obligations, expirations and payment
Gathering and analyzing data for monthly lease and contract obligation reports
Maintaining databases that track working interest ownership in wells, federal units & participating area expansions
Creating various reports from Land Systems, Spotfire and Business Objects pertaining to critical leases, contracts, agreements, acreage reporting, cessation of production, etc
Emphasis is on research, creating various reports, and analysis of data
Advising and making decisions on due diligence efforts to cure title when divesting or acquiring acreage
Making recommendations to internal groups such as Finance, Land and Asset Teams on managing budgets as it relates to Exploration Lease Acquisitions, Developed Lease Acquisitions, Mineral Impairments, Transfers-to-Producing, Exchanges and other related land transactions
Developing and maintaining network relationships with government agencies, lessors, mineral owners and partners
Developing and maintaining network relationships with other groups within the company, i.e., Legal, Finance, Accounting, Tax, Production and Auditing
Must be legally authorized to work in the United States as a U.S. citizen or national, or an alien admitted as permanent resident, refugee or asylee
3 years of experience analyzing oil and gas leases and Exploration and Production contracts
Intermediate level of proficiency with common industry land systems i.e. Quorum (or other Land System), ArcMap, Web maps, Business Objects, and Spotfire
Intermediate level of proficiency with Microsoft O365
Bachelor’s degree in Business, Finance, Economics, Energy Management or Energy Commerce
Professional Lease or Title Analyst Certification
Builds effective solutions based on available information and makes timely decisions that are safe and ethical
Takes ownership of actions and follows through on dedications by holding others accountable and standing up for what's right
Builds positive relationships based on trust and seeks collaboration across organizational boundaries to achieve goals
Encourages new ways of looking at problems, processes or solutions
Actively seeks out diverse people and organizations to collectively achieve business goals
Consistently demonstrates high integrity, behaves ethically
To be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of August 3, 2021.
Candidates for this U.S. position must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a) (1). Individuals with temporary visas such as A, B, C, D, E, F, G, H, I, J, L, M, NATO, O, P, Q, R or TN or who need sponsorship for work authorization in the United States now or in the future, are not eligible for hire.
ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information or any other legally protected status.
Job Function: Operations
Job Level: Individual Contributor/Staff Level
Line of Business: PERMIAN LAND
Title: Land Analyst- Permian