Lease Analyst

Full Job Description

Ascent Resources is seeking an experienced Lease Analyst. This position is located in Oklahoma City, OK and will report to the Supervisor – Lease Records.

The Lease Analyst reviews, interprets, and processes the various Land-related contracts such as leases, deeds, joint operating agreements, assignments, trade agreements, right-of-ways, etc. The individual will input and/or edit the data in the property records system utilized in maintaining the company assets as well as document and cross-reference any related information. In processing and maintaining the data, the individual will review and interpret title and ownership information and coordinate with the Land Department as to lease and payment obligations, title queries, expirations, significant deadlines, and owner inquiries.

Primary Duties & Responsibilities

• Analyze the accuracy of lease and deed information, provision leases, set up payment obligations
• Determine that acreage is properly accounted for in the system
• Ensure payment information for leases and various contracts is accurate in the system and payments are made and documented in a timely manner
• Setup various contracts including but not limited to: leases, deeds, assignments, JOAs, letter agreements, right-of-ways, and DPUs
• Balance unit leasehold with DOI at the time of production
• Evaluate monthly expiration reports and enter updates into the system database to maintain the integrity and accuracy of the leasehold
• Review special obligation reports to ensure all obligations are being met and update the records accordingly
• Review and circulate monthly rental reports to ensure that rental payments are accurate and made timely
• Review transfer documentation and title information to ensure the correct mineral and leasehold ownership is reflected in the system
• Complete various quality control checks to ensure the lease and contract records are accurate and up-to-date
• Research and coordinate special projects relating to lease and contract records for various departments
• Perform related duties as assigned by supervisor
• Maintain compliance with all company policies and procedures

Knowledge, Skills & Abilities

Minimum Requirements:

• Excellent written and verbal English communications skills
• Manage information with accuracy and critical attention to detail
• Strong understanding of basic math concepts
• Possess a working knowledge of oil and gas vocabulary as well as understand and read legal descriptions for a tract of land and have the ability to interpret land title information
• Able to effectively manage time and prioritize projects in order to meet established deadlines
• Demonstrate basic computer knowledge through effective use of a personal computer including Microsoft Office applications with special attention to Microsoft Excel
• Able to learn company specific applications
• Able to work and communicate effectively with all levels of co-workers, clients, and other external contacts.

Preferred:

• Familiarity with Quorum Land System (QLS) program

Education & Work Experience Required

Minimum Requirements:

• High School Diploma or Equivalent

Preferred:

• Bachelor's Degree

Ascent Benefits

• Benefits start day one
• Generous 401(k)
• PTO based on industry or job-related experience
• Tuition assistance after 1 year
• Twelve paid holidays
• Many volunteer opportunities
• On-site gym and yoga studio

Ascent Resources provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Ascent complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

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