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Occidental Petroleum

Produces oil and gas and develops carbon capture

Lease and Contracts Advisor

Contract ManagementConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • Proficiency in Microsoft Office Suite and ability to quickly learn and use additional systems and applications.
  • Strong written and verbal communication skills, including the ability to explain complex lease and contract matters clearly.
  • Ability to manage multiple priorities and work effectively under deadlines.
  • Ability to handle confidential and proprietary company information appropriately.
  • Strong understanding of land principles, lease administration practices, and contractual interpretation.
  • Extensive working knowledge of land terminology and contracts, with ability to independently manage assignments of increased complexity under general direction.
  • Bachelor’s degree with 10 or more years of relevant experience, or 14 or more years of relevant experience in lieu of a bachelor’s degree.

Responsibilities

  • Analyze, input, and validate lease and contract data to ensure accuracy, completeness, and consistency across land systems.
  • Prepare full and partial releases, assignments, and Exhibit A documentation for producing properties.
  • Manage and maintain monthly lease calendars, tracking rentals, shut-ins, minimum royalties, expirations, and other contractual obligations.
  • Conduct lease and unit reviews for shut-in wells and process related payments, subject to review and approval.
  • Analyze and interpret complex or ambiguous lease provisions, contracts, units and wells, and associated title issues.
  • Identify and track contractual obligations associated with lease acquisitions, trades, and divestitures.
  • Ensure continuous development of leases is accurately tracked and reflected in lease and contract records.
  • Participate in developing processes and controls to identify, mitigate, and manage risks related to lease acquisition, maintenance, and retention.
  • Engage in prospect and transaction due diligence, identifying, reviewing, and evaluating relevant legal and contractual documentation to support business decisions.
  • Prepare and present due diligence findings, risk assessments, and recommendations to management.
  • Assist with litigation-related matters as requested, collaborating with the Legal department.
  • Serve as a primary advisor for assigned areas of operation while supporting multiple geographic regions as needed.
  • Lead and participate in cross-functional initiatives, including acquisitions, divestitures, and other special projects.
  • Lead discussions on process and procedural improvements within the Lease and Contracts function and make recommendations to management.
  • Ensure legal, procedural, and operational considerations are accurately incorporated into projects and initiatives.
  • Collaborate with Land Operations, Legal, Accounting, and other stakeholders to resolve complex lease and contract matters.
  • Work directly with external stakeholders, including landowners and partner companies, handling complex and sensitive issues.

Desired Qualifications

  • Working knowledge of Quorum Land System and/or SAP.

About the Company

Occidental Petroleum

Produces oil and gas and develops carbon capture

Occidental Petroleum produces and sells oil and natural gas to energy customers in the United States and overseas. Its portfolio spans the Permian Basin and the Rockies, offshore Gulf of America fields, and the Al Hosn Gas project in the United Arab Emirates. It earns revenue from selling these commodities, while its marketing business also buys third-party crude to make use of pipeline and export terminal capacity. Its subsidiaries 1PointFive and Carbon Engineering develop direct air capture technology and industrial projects to remove carbon dioxide from the air and store it underground. Founded in 1920, Occidental is headquartered in Houston, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Houston, TX
Founded
1920

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