What are the responsibilities and job description for the Division Order Manager position at Riley Exploration Permian, Inc.?
Position Summary
The Division Order Manager is primarily responsible for the organization and analysis of unit ownership information obtained from oil and gas leases, agreements, title opinions, curative, and other land related documents. This information is used to create division of interest for the purpose of the revenue disbursements, division/transfer orders, including the set-up and maintenance of revenue, marketing, take in kind and all other related decks.
Responsibilities
The Division Order Manager is primarily responsible for the organization and analysis of unit ownership information obtained from oil and gas leases, agreements, title opinions, curative, and other land related documents. This information is used to create division of interest for the purpose of the revenue disbursements, division/transfer orders, including the set-up and maintenance of revenue, marketing, take in kind and all other related decks.
Responsibilities
- Responsible for the creation, maintenance, and accuracy of record title ownership division of interest in the revenue deck
- Ensure the timely payment of royalties in accordance with state statutes
- Process all transfer documents from interest owners to maintain accurate division of interest
- Analyze title opinions, land contracts, operating agreements, oil and gas leases, land broker reports, curative, well and regulatory documents, conveyances, probate and heirship data and other legal documents to determine ownership and lease burden relationships for production proceeds from oil and gas wells
- Coordinate with accounting to ensure proper deck preparation and timely distribution of revenues
- Maintain and update divisions of interest decks when payouts, convertible or reversionary interests, or subsequent operations occur
- Interface with Landman to manage and maintain unit decks and unit amendments
- Review and manage suspense and escheat items
- Assist in the build-out of the Division Order team
- Advanced knowledge of Microsoft Office software
- Familiarity with databases and their functionality
- Strong written and verbal communication skills
- Excellent organizational skills to maintain both digital and hard copy files
- Ability to multitask on several different projects while being able to prioritize and meet deadlines
- Proficiency with Accounting Software (e.g., My Quorum Accounting preferred)
- Bachelor’s degree preferred
- 15 years’ experience in the oil and gas industry