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Chord Energy

Independent E&P developing oil, gas resources

Division Order Supervisor

Real EstateConfirmed live in the last 24 hours
Full-timeHouston, TX, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Energy Management, Business, Accounting, or a related field is preferred, or equivalent relevant experience.
  • Eight to ten years of experience in division order roles, including prior supervisory or team lead experience and exposure to working a Bakken asset.
  • Subject matter expertise in ownership maintenance and distribution compliance.
  • Expertise in title and legal document interpretation, interest calculation, division order setup and maintenance, and suspense management.
  • Expert-level use of Enertia or a comparable land and revenue system, such as Quorum.
  • Working knowledge of state royalty payment statutes, escheat requirements, and SOX controls.
  • Proficiency in Microsoft Excel, including analyzing, organizing, and reconciling complex data.
  • Ability to lead, motivate, coach, and evaluate team performance.
  • Ability to build strong working relationships with Land, Accounting, Legal, and owners.

Responsibilities

  • 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, overriding royalty interest, working interest, and net revenue interest 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.

About the Company

Chord Energy

Independent E&P developing oil, gas resources

Chord Energy is an independent oil and natural gas exploration and production company focused on the Williston Basin in North Dakota and Montana. It develops and operates wells to extract crude oil, natural gas, and natural gas liquids using drilling and completion techniques that emphasize efficiency and responsible stewardship. The company differentiates itself by concentrating on a single, prolific region and applying disciplined development and ESG practices to improve efficiency and reduce environmental impact. Its goal is to responsibly grow oil and gas resources in the Williston Basin while delivering long-term value to shareholders through safe, reliable energy production.

Company size
501-1,000
Company stage
IPO
Headquarters
Houston, TX
Founded
2022

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