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À propos de ce poste Division Order Supervisor chez Chord Energy

Chord Energy · Hybride · Houston, TX - Corporate

The Division Order Supervisor role resides in the Land Department / Division Order job family within the Asset management job family group.  This is a working supervisor role. The Supervisor leads a team of Division Order Analysts who set up and maintain record ownership for operated and TIK properties in accordance with company policies and legal requirements and may also manage a geographic area directly. The role reviews title, title opinions, agreements, and curative to create ownership decks, and provides leadership, guidance, and technical support to the team. The role reports to the Division Order Manager and is in downtown Houston, Texas. A hybrid work schedule with remote work on Mondays and Fridays as an option. Level and salary commensurate with experience.

 

Essential Job Functions

 

  • Supervise a team of Division Order Analysts, assigning and prioritizing work to meet company goals, deadlines, and statutory payment requirements.
  • Provide ongoing performance feedback, establish goals, conduct performance reviews, and coach and mentor team members to support development and best practices.
  • Perform monthly audits of division of interest work to ensure accuracy, completeness, and compliance.
  • Analyze title opinions, land contracts, operating agreements, oil and gas leases, broker reports, curative, conveyances, and other legal and regulatory documents to determine ownership and lease burden relationships.
  • Research ownership through probate, heirship records, laws of descent and distribution, and succession, and collaborate with Land staff to resolve title requirements.
  • Calculate and validate royalty interest (RI), overriding royalty interest (ORRI), working interest (WI), and net revenue interest (NRI) decimals, including changes at payout and recompletion.
  • Oversee the creation, maintenance, and accuracy of division of interest records for revenue and billing for operated and TIK properties in Enertia.
  • Review and approve transfers of title, mass changes, interest reclassifications, and funds transfers, and ensure timely processing of ownership changes.
  • Ensure timely royalty payments in accordance with state statutes, including researching and resolving legal suspense items and managing suspended funds through release or escheat.
  • Perform quarterly audits of suspense funds and SOX controls, manage escheat processing in accordance with state requirements, and support internal and external audits.
  • Establish and maintain standards for ownership data accuracy, name and address maintenance, and data entry in Enertia.
  • Partner with Accounting, Land, Legal, and other departments to resolve ownership and payment issues, coordinate revenue distributions and prior-period adjustments, and address inquiries from interest owners and third parties.
  • Resolve complex or sensitive royalty and payment issues, escalating matters to management as appropriate.
  • Identify and implement process, system, and policy improvements to increase efficiency, improve data quality, and reduce operational risk.
  • Provide management with updates on team activities, key issues, and progress, and support special projects and additional assignments as needed.

 

This job description is not intended to be an all-inclusive list of duties and responsibilities of the position. Incumbents will be required to follow any other job-related instructions and duties outside of their normal responsibilities as assigned by their supervisor. 

 

Minimum Qualifications

  • Bachelor’s degree preferred in Energy Management, Business, Accounting or a related field, or equivalent relevant experience
  • 8-10 years in division order roles, including prior supervisory or team lead experience with exposure to working a Bakken asset
  • Recognized as a subject matter expert in ownership maintenance and distribution compliance.
  • Expert in title and legal document interpretation, interest calculation, division order setup and maintenance, and suspense management
  • Expert user of Enertia or a comparable land and revenue system (e.g., Quorum)
  • Working knowledge of state royalty payment statutes, escheat requirements, and SOX controls
  • Proficiency in Microsoft Excel, including the ability to analyze, organize, and reconcile complex data.

 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

 

Additional Qualifications

  • Demonstrated ability to lead, motivate, coach, and evaluate the performance of a team
  • Builds strong working relationships with Land, Accounting, Legal, and our owners

EEO Statement:

Chord Energy does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

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À propos de Chord Energy

Chord Energy is an independent oil and gas company engaged in the exploration, development, production, and acquisition of crude oil, NGLs, and natural gas, with top-tier, sustainable assets located in the Bakken and Three Forks plays in North Dakota and Montana. We prioritize safe and responsible operations to develop our unconventional onshore resources, and we maintain a unique position with a best-in-class balance sheet, a rigorous focus on capital discipline, and a continuous improvement approach leading to innovation and efficiency that generates cash flow. The company trades publicly as NASDAQ: CHRD

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