What does a Division Order Analyst do?
Published 4 min read
A division order analyst is responsible for ensuring that the division of oil and gas interests among co-owners is fair and accurate. They review and analyze legal documents, such as leases, contracts, and deeds, to determine each owner's share of production. They also keep track of changes in ownership interests and allocate production accordingly. In addition, division order analysts work with landmen to negotiate leases and resolve disputes.
Division Order Analyst job duties include:
- Review division orders for accuracy and compliance with company procedures
- Research and resolve title issues on division orders
- Prepare and maintain division order records
- Analyze production and royalty reports
- Calculate interest on division orders
- Prepare monthly division order statements
- Maintain contact with mineral owners and their representatives
- Process owner changes on division orders
- Assist in the preparation of transfer documents for mineral interests
- Manage the data entry of new division orders into the company system
Division Order Analyst Job Requirements
A Division Order Analyst is responsible for ensuring the accuracy of division orders and ownership information for their company. They must have a thorough understanding of state and federal laws governing oil and gas ownership, as well as an understanding of the division of interests process. A Division Order Analyst must have a minimum of a bachelor’s degree in business, accounting, or a related field. Certification from the American Association of Petroleum Landmen is preferred. Experience working in the oil and gas industry is also preferred.
Division Order Analyst Skills
- Communication
- Organization
- Time management
- Research
- Writing
- Microsoft Office
- Adobe Acrobat
- Bluebeam Revu
- Petroleum Land Management
- Leasehold Analysis
- Title Examination
- Due Diligence
Related: Top Division Order Analyst Skills: Definition and Examples
How to become a Division Order Analyst
A Division Order Analyst is responsible for the division of oil and gas interests between co-owners. They also handle the transfer of these interests when ownership changes. In order to become a Division Order Analyst, one must have a strong understanding of the oil and gas industry, as well as the legal aspects of division orders.
The first step in becoming a Division Order Analyst is to obtain a degree from an accredited college or university. A degree in petroleum engineering, business administration, or accounting is preferred. However, any degree that provides a strong foundation in math and science will be beneficial. Once you have obtained your degree, it is important to gain experience in the oil and gas industry. This can be done through internships or entry-level positions.
After gaining experience in the industry, the next step is to obtain a position as a Division Order Analyst. Many companies will require you to take and pass a division order exam. This exam tests your knowledge of the division of oil and gas interests and the legal aspects involved. Once you have passed the exam, you will be able to work as a Division Order Analyst for that company.
As a Division Order Analyst, your responsibilities will include reviewing leases and contracts, preparing division orders, and transferring ownership interests. You will also be responsible for maintaining records and keeping track of changes in ownership. In order to be successful in this career, it is important to have strong analytical and problem-solving skills. You must also be able to effectively communicate with both internal and external customers.
Related: Division Order Analyst Resume Example
Related: Division Order Analyst Interview Questions (With Example Answers)