
Marathon Oil
Senior Land Analyst
Description:
The candidate should be detail oriented and confident in calculating net mineral acres and net revenue interest to derive company ownership. Candidate should have experience with Acquisition and Divestiture Projects with regards to due diligence, closing tasks and data conversion. Candidate should also have broad knowledge of oil and gas contracts and provisions and how they affect leasehold ownership.
Responsibilities:
• Analyze, setup and maintain leases and contracts in the Quorum Land System to facilitate accurate reporting and exhibits. Ensure data standards and procedures for set up, physical file, and image processes for all leases and contracts are followed. Provide input on process improvement initiatives. Experience in Oklahoma is preferred.
• Perform internal due diligence on company owned leases, contracts and wells to assist the Land Professional or Business Development in the preparation of commercial trades, acquisitions and divestitures.
• Prepare lease and contract exhibits for assignments, wellbore dispositions, JOA’s and Farm-Outs for the Land Professional as needed. Review monthly rental schedules, lease expirations and contract expirations to be reviewed by the Land Professional.
• Review monthly contract obligations for drilling obligations and penalties, escalating royalties, and reversion of interest and/or ownership. Track and make payments (including shut in and minimum royalty) to owners as they become due.
• Conduct Lease and Contract maintenance on the Quorum Land System to reflect Marathon’s current ownership (net acres and net revenue interest by depth), status of the Lease and Contract based on ownership changes and complex contracts (i.e. Assignments, Farm-Outs, Exploration Agreements, Title Opinions, AMI’s, JOA’s, complex mineral leases, etc) .
• Participate in special projects and assist with training and mentoring as needed to support knowledge transfer.
• Review Marathon’s leasehold ownership to determine future interest in non-operated drilling spacing units.
Qualifications:
Degree: Bachelors Required
Major: PLM, Energy Management and Business disciplines preferred
Computer Proficiencies: Quorum Land System, Thought Trace, and SAP preferred. Experience with ESRI’s ArcView, Drilling-Info and Microsoft Office (advanced Excel skill level) are required.
Certifications: AAPL, NALTA or NADOA certification a plus
Work Experience: Minimum five years of work experience as a Land and Title Analyst.
Marathon Oil Corporation (NYSE: MRO) is an independent oil and natural gas exploration and production company based in Houston, Texas. With a material position in four of the best oil-rich U.S. resource plays in different stages of development, we offer a variety of career opportunities, whether you’re a recent college graduate or an experienced professional. You’ll have the tools to develop and refine the skills and knowledge you need to succeed.
Marathon Oil Company will take the necessary action to ensure that applicants are treated without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, veteran status or other protected status under applicable employment law.
If you are a current Marathon employee please use the ERP website to submit referrals.
Posting Notes: || Houston || TX || United States (US) || SF:LI; SF:DI; SF:GH; SF:MN; SF:RZ || Land, Marketing and Commercial || Not Applicable || || 31807 ||
Nearest Major Market: Houston
Job Segment:
Business Process, Data Conversion, ERP, PLM, SAP, Management, Data, Technology
To apply for this job please visit careers.marathonoil.com.