What is a Division Order Analyst Job?
Division Order Analysts are professionals who work in the oil and gas industry. They are responsible for analyzing and interpreting complex legal and financial documents related to oil and gas leases. In simple terms, they ensure that the correct parties are being paid for the right amount of oil and gas production. They also ensure that the payments made by oil and gas companies are in compliance with the contractual obligations and applicable laws.
What Usually Do in this Position?
The Division Order Analyst job is an analytical and detail-oriented role. The primary responsibility of the Division Order Analyst is to review and interpret legal documents such as leases, assignments, and contracts to determine ownership and interest in mineral rights. They also calculate revenue distributions and maintain ownership records. They work closely with other departments such as Land, Accounting, and Production to ensure that all payments are accurate and made on time.
Top 5 Skills for Position
- Attention to Detail
- Analytical Thinking
- Communication Skills
- Time Management
- Legal Knowledge
How to Become a Division Order Analyst?
A Division Order Analyst job requires a bachelor's degree in Business, Accounting, or a related field. Many companies prefer candidates with experience in the oil and gas industry. However, some companies offer training programs for entry-level positions. To become a successful Division Order Analyst, one must have strong analytical skills, attention to detail, and an understanding of legal and financial concepts.
Average Salary
The average salary for a Division Order Analyst in the United States is around $80,000 per year. The salary range varies depending on the company, location, and experience level.
Roles and Types
Division Order Analysts can work in different roles and types. Here are some examples:
- Division Order Analyst
- Senior Division Order Analyst
- Division Order Supervisor
- Division Order Manager
Locations with the Most Popular Jobs in the USA
The oil and gas industry is prevalent in the following states:
- Texas
- Oklahoma
- Colorado
- New Mexico
- Wyoming
What are the Typical Tools Used by Division Order Analysts?
Division Order Analysts use various tools to perform their jobs. Some of the typical tools used are:
- Microsoft Excel
- Oil and Gas Land Management Software
- Legal and Financial Documents
- Database Management Systems
- Communication Tools (Email, Phone, Video Conferencing)
In Conclusion
A Division Order Analyst job is a crucial role in the oil and gas industry. The position requires strong analytical skills, attention to detail, and knowledge of legal and financial concepts. The average salary for a Division Order Analyst in the United States is around $80,000 per year. The job is prevalent in states such as Texas, Oklahoma, Colorado, New Mexico, and Wyoming. If you are interested in pursuing a career in the oil and gas industry, the Division Order Analyst job is an excellent option.