Land AnalystUnited States - Colorado - Denver
Job profile summary:
This is a member of the BPX Energy's Land Compliance Team residing in the Finance organization and is responsible for maintaining BP’s land related contracts and leases including financial obligations in operated and non-operated properties located in the Lower 48 States.
- Analyze and interpret lease and contract agreements to ensure timely, accurate, and proper establishment of BP's ownership, obligations, and provisions in BPX Energy’s Land System
- Maintain lease and contract payments, obligations, and expiration schedule through close communication with Accounting, Land Negotiations, and Operations
- Support orderly ledger of accounts by maintaining and reporting leasehold capital spend, investment allocation and amortization for business units
- Coordinate with Accounting and Land Negotiations teams to solicit and capture joint venture partner participation in CapEx and OpEx projects
- Monitor production on last well on lease to prevent lease jeopardy scenarios
- Provide support to business development/M&A activities and provide audit support as needed
- Desire to innovate by integrating technology into current business processes
Essential Experience and Job Requirements
- 10 years of Lease & Title or land related experience required
- Strong communicator who acts as a liaison with other business functions. Obtains strong problem solving and analytical skills
- Able to effectively work and collaborate with others in a team environment
- Ability to coach, challenge, and influence other team members and peers
- Continuously seeks innovative ways to perform better, faster, and more efficiently
- Ability to approach problems and establish strategic plans for future success
- Ability to be consistent, dependable, and accurate in carrying out responsibilities to a successful conclusion. Ability to effectively meet deadlines while managing competing priorities
- Experience with QLS and SAP is preferred as well as Microsoft Office, emphasis on Excel proficiency
- Bachelor’s Degree is required
Desirable Criteria and Qualifications
- Foster an environment of safety first operations
- Demonstrate ability to achieve high performance goals and meet deadlines in fast paced environment
- Forward looking thinker; who actively seeks opportunities and solutions
- Demonstrated use of IMPACT principles:
I - Innovated: Learns from new ideas and applies solutions to add value.
M - Motivated: Overcomes obstacles with an intense desire to succeed.
P - Performance Driven: Makes value-based decisions involving measured risk to deliver business objectives.
A - Accountable: Takes responsibility and ownership of business performance.
C - Collaborative: Shares knowledge and works together for the good of L48.
T - Trustworthy: Keeps commitments, listens to others and authentically supports change necessary to achieve our Path to Premier.
BP's BPX Energy business (formerly known as the Lower 48) operates across a vast US geography, from Texas north through the Rocky Mountains. The business manages a diverse portfolio which includes an extensive unconventional resource base of about 7.5 billion barrels of oil equivalent across 5.5 million gross acres in some of the largest and most well-known basins in the US. Headquartered in Denver (Colorado), BPX Energy employs about 1,700 people across six states, operates more than 9,600 producing wells and has 70,000 royalty owners. Our vision is to be the premier, high return, onshore exploration and production company that consistently increases asset value. Our Wyoming operations are anchored on the giant Wamsutter tight gas field in the south central part of the state. In the San Juan area of Colorado and New Mexico we produce from tight gas sands and operate the largest coal-bed methane field in the US. Our Mid-Continent operations cover the prolific Anadarko, and is home to the famed East Texas basin, along with the Woodford shale gas play and Arkoma basin. We also have non-operating interests in over 10,000 wells across the US with substantial positions in both the Eagle Ford and Fayetteville shale basins. In 2018, BP completed a $10.5 billion acquisition of BHP's world-class unconventional oil and gas assets in the Permian-Delaware basin in Texas, along with two premium positions in the Eagle Ford and Haynesville basins in Texas and Louisiana. These assets currently produce 190,000 barrels of oil equivalent per day, of which about 45 percent are liquid hydrocarbons. The deal represents BP’s largest purchase since buying ARCO in 1999. It is a transformational acquisition for our BPX Energy business which gives the BPX Energy team access to some of the best acreage in some of the best basins in the onshore U.S.