SM Energy

Sr. Lease Records Analyst

SM Energy • $95K — $115K *
Denver, CO 80219In-Person
Real Estate & Construction
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Law, Petroleum Management or Business preferred
  • 8+ years of experience in a relevant field
  • Strong understanding of Quorum software and ability to modify QQM queries
  • Proficiency in Microsoft Office Suite and data analytic tools
  • Ability to mentor and coach junior analysts

Responsibilities

  • Analyze leases, contracts, and title documentation to summarize company ownership
  • Set up new leases and contracts in Quorum Land system
  • Perform regular lease maintenance and research for accurate reporting
  • Manage payment calendar for timely rental and royalty payments
  • Assist with due diligence for acquisitions and divestitures
  • Conduct special projects to enhance departmental efficiency
  • Prepare correspondence and maintain documentation related to leases

Benefits

  • Opportunity for career advancement and professional growth through mentoring
  • Engagement in complex problem-solving and decision-making
  • Work in a supportive environment with minimal supervision
  • Involvement in various special projects related to land administration
  • Contribute to the company's ethical standards and operational integrity
Full Job Description
Responsible for the coaching and mentoring of other analysts. Responsible for analysis of leases, contracts, title opinions 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 assists the team in resolving complex issues. This position requires minimal supervision.

Essential Roles & Responsibilities
  • Analyze various leases, contracts, agreements, and title documentation to summarize company ownership and determine common and more complex obligations
  • Set up new leases and other agreements in Quorum Land system according to company processes, proof work and approve agreements to ensure accuracy and data integrity of self and others
  • Perform regular lease maintenance, including research and analysis, to ensure accurate reporting; obtain missing data, when necessary.
  • Review Second Set of Eyes on new lease set up and lease maintenance
  • Manage payment calendar for assigned area, ensuring timely and accurate payment of rentals, extension options, shut-in payments, and minimum royalties.
  • Work with regional land to ensure that obligation and expiration calendars monitored and completed in a timely manner
  • Review complicated Title Opinions, analyze mineral ownership, Gross and Net Working
  • Interest ownership, depth severances, lease provisions, and chain of title while updating Quorum
  • Provide monthly reporting requirements of acreage adjustments to Landman and Managers
  • Assist manager with quarterly and year-end reporting
  • Review monthly Data Integrity reports and assign to LR Analyst to make appropriate Quorum updates
  • Prepare correspondence - cover letters, inquiries, requests, and inter-company communications.
  • Perform and manage special projects as assigned to support Land Administration and Company goals
  • Assist with Due Diligence for company acquisitions and divestitures
  • Follow, improve upon, and create new departmental processes to ensure efficiency, accuracy, consistency, and data integrity
  • Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities
  • Analyze various forms, including complex title, lease and contract documentation to summarize company ownership and obligations
  • Assist with due diligence for company acquisitions and divestitures Create and generate detailed and complex analysis of leases and contracts
  • Ensure timely and accurate payment of rentals, shut-in payments and minimum royalties
  • Resolve administrative and technical issues
  • Communicate and document requests and issues with lease, contracts or other legal documents
  • Review leases, understand and determine shut-in and minimum royalty
  • Ensure timely and accurate payment of rentals, shut-in payments and minimum royalties
  • Set up new leases and contracts in Land system, proof work and approve all agreements being created in order to ensure accuracy and data integrity
  • Make and oversee ownership changes and clean-up of lease records
  • Perform general lease records maintenance in land system, ensure accurate and thorough documentation
  • Perform special projects as assigned to support Lease Records Department and Company goals
  • Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities
  • Other duties as assigned

Computer/Software Applications
  • Demonstrate strong understanding of Office/PC skills and effective use of Microsoft Office applications and the ability to make effective use of company & industry specific software, such as SPEX, TRRC Website, County Records search, and data analytic tools such as Power BI and Spotfire.
  • Strong understanding of Quorum applications, including ability to build and modify basic QQM queries.

Role-Specific Technical Knowledge & Skills
  • Ability to understand, summarize and report company ownership and obligations for assigned area.
  • Ability to account for and reconcile acreage changes each month/quarter and answer questions regarding acreage from regional land, accounting, audit, and other departments.
  • Ability to calculate and maintain company participation on leases.
  • Proficient understanding and knowledge of acquisition/divestiture process.
  • Ability to train and mentor lower-level analysts

Typical Education
  • Bachelor's Degree in Law, Petroleum Management or Business preferred

Typical Experience
  • Minimum of 8 years of applicable experience


Applications will be accepted on an ongoing basis until the position is filled.

About SM Energy

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in North America. The company's operations are focused on unconventional resource plays in the United States, including the Permian Basin in Texas and New Mexico, the Eagle Ford shale in South Texas, and the Powder River Basin in Wyoming. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.
Learn more about SM Energy
Size
506 employees
Market Cap
$4.1 billion
Industry
Energy & Utilities
Net Income
-$764.6 million
Founded
1908
5 Year Trend
+17.3%
Revenue
$1.1 billion
NASDAQ
SM
* Ladders Estimates

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