What are the responsibilities and job description for the Commercial Analyst position at Alaska-Santos?
Through its merger with Oil Search, Santos has acquired and assumed operatorship over a world-class portfolio of oil leases on the Alaskan North Slope, USA.
Our focus in Alaska is advancement of our Pikka Phase 1 project, which includes a single drill site, an oil processing facility, and other infrastructure to support production of 80,000 barrels of oil per day.
Pikka has been identified as being among the top quartile of oil and gas development projects for greenhouse gas emissions performance. Pikka is poised to play an important role in the energy transition and is aligned with our company goal of managing climate change risk.
The Pikka Unit is one of the largest conventional oil discoveries made in the United States in the last 30 years, and the Pikka Phase 1 Project is the most significant development on Alaska's North Slope in more than 20 years.
The permitted Pikka development project includes two additional drill sites. The Alaska assets also include discoveries made from both the Mitquq and Stirrup exploration wells drilled in 2020. These opportunities combine to offer a clear path to long-term growth in Alaska.
Led by and reporting to the VP Business Development, the Commercial Analyst will help build the Alaska business unit capability in managing oil movements, working in joint ventures and administering our land portfolio.
Key criteria for success is to have the resilience and capacity to influence key internal and external stakeholders to adopt data driven analysis and deliver a diverse work-plan.
The Commercial Analyst will interface closely with regional and corporate functions, external legal and regulatory consultants and State of Alaska agencies.
The role supports a small team that deals with a diverse set of issues in support of our upstream operations and business portfolio. The Commercial Analyst's responsibilities include: (a) developing and maintaining the cost-of-service model for pipeline tariff filings, (b) assisting in ensuring compliance with Federal Energy Regulatory Commission and Regulatory Commission of Alaska rate making rules, (c) improving business processes for ensuring the integrity of the land system (P2 iLandman) and associated data and filings, (c) paying lease and easement rentals and bid bonuses, and (d) supporting exploration and divestment strategies.
The Commercial Analyst should actively foster collaboration and engagement across the business unit, identify and problem-solve data source and system challenges, and connect, build, and maintain relationships with internal customers and external partners. The analyst will provide strong attention to detail and ensure the accuracy of records and regulatory reports.
Key Accountabilities
- Ensure the commercial interests of Santos are protected at all times and that potential liabilities are mitigated.
- Develop cost-of-service economic model with an external consultant that will be used in tariff filings for a regulated pipeline.
- Leads midstream economic analysis communication to help bring clarity to project team and decision makers. Able to clearly "tell the story".
- Assist with lease budget planning, lease retention strategy, and lease rental reduction or extension applications. Support other groups within the business unit (principally Subsurface and Exploration) with analysis and for lease round bidding.
- Interface with adjacent oil and gas operators on infrastructure use issues, including letters of non-objection and administration of agreements.
- Assist with required unit filings and matters, including participating areas and divisions of interest.
- Manages pipeline nominations working, as appropriate, with the production operations team, and provides monthly and annual operations reporting.
- Responsible for managing payment obligations and maintaining land system record (P2 iLandman).
- Administers pipeline company governance meetings and communications.
- Oversee consultants conducting title review and prepare lease schedules and review other documentation for lease sales or divestment.
Qualifications, Skills, and Experience Required
- A bachelor's degree in business, economics, finance, engineering, or mathematics.
- A strong commercial foundation with a thorough understanding of operating within an exploration and production environment.
- Developing cash flow/financial evaluation and modelling expertise, including competence with Microsoft Excel.
- Understanding of the oil and gas industry and regulatory regimes. Familiarity with Alaskan land or regulatory regimes is a plus.
- Good communicator with some experience representing a company in external discussions / negotiations.
- Experience in partnering with and influencing highly skilled and capable professionals at senior management level.
- Exceptional productivity skills with a strong work ethic, and a reputation for the highest degree of integrity and mature business judgment.
- A confident professional who has little need for close management supervision and is comfortable and effective in an informal operating environment.
- Long-term vision, intellectual curiosity, and the patience to enhance performance through continuous improvement.
