Senior Lease Analyst at Formentera Partners LP

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Aug, 26

Salary

0.0

Posted On

12 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Lease Analysis, Title Interpretation, Land Administration, Mineral Leasing, Contract Management, WI/NRI Calculations, LandView, Quorum ODA, GIS, Enervus, EnergyLink, OpenInvoice, Microsoft Excel, Microsoft Word, Regulatory Compliance, Communication Skills

Industry

Financial Services

Description

Senior Lease Analyst – Austin, TX - In Office Summary: The Senior Lease Analyst conducts research and technical reviews of leases and supporting documents to determine compliance with lease provisions, unit agreements, administrative code rules, and statutes. The Lease Analyst is to work and maintain current understanding of laws and regulations affecting Formentera’s assets in all jurisdictions. The Lease Analyst will be responsible for organizing and managing the Company’s land system and lease records as well as analyzing and interpreting title documents to establish ownership for producing and non-producing mineral properties. Will perform and oversee communicating with Working Interest Partners and Royalty Owners, through the review of pertinent Land Documents, and our goal is to respond to inquiries in a timely, efficient manner. The Lease Analyst will play a central role in managing a growing portfolio of Leases and Contract Agreements within the Land Department. Responsibilities: * Perform administrative and land-related tasks for daily operations and acquisitions. * Interpret Mineral Deeds, Oil & Gas Leases, Joint Operating Agreements, Farmout Agreements, Exploration Agreements, Purchase and Sale Agreements, Surface Use Agreements, and Right of Way Agreements. * Analyze property conveyance documents related to land, minerals, and well ownership. * Review and confirm ownership using mineral ownership reports, Title Opinions, and WI/NRI calculations. * Set up and maintain oil and gas leases, pooled units, and legal documents in LandView (‘Land System’). * Analyze payment and obligation provisions, including minimum royalties, lease extensions, delay rentals, water use, shut-in, and surface damage payments. * Maintain company ownership records, ensuring data integrity in the Land System. * Generate land reports related to ownership, acreage, provisions, and well cross-references. * Input ownership information into On-Demand Accounting (ODA – Quorum). * Effectively communicate contractual obligations to development teams. * Identify and resolve potential title issues with multiple departments. * Support title interpretation, mineral leasing, and contract research. * Ensure compliance with agreement obligations, rental payments, and critical deadlines. * Work closely with Land, Accounting, and Technical Operations teams. * Support Working Interest Partners and Royalty Owners, ensuring positive relationships. * Assist in ownership deck creation and process ownership changes with the Accounting Department. * Prepare and transmit AFE authorizations for wells, workovers, completions, and lease acquisitions. * Support Land staff with day-to-day duties and acquisition-related tasks. Key Competencies and Qualifications: * Bachelor’s degree in land management, energy management, business administration, data science, or a related field of study. * 5+ years of experience in a land administration, management, or analyst role with emphasis on oil, gas, or mineral leasing and contracts. * Detail-oriented and organized with strong verbal/written communications skills. * Proficient with Word, Excel, and other Microsoft Office applications. * Experience with applications such as: ODL (On Demand Land - Quorum), GIS, On-Demand Accounting (ODA – Quorum), Enervus, EnergyLink, and OpenInvoice. * Ability to work in a team environment. * Flexible: We are fast paced, so we need someone who is amenable to change. * Utilize patience and good communication skills to ascertain the root causes of issues as they arise, obtain needed information and/or documents to resolve issues, and provide accurate resolution feedback. * Excellent time management and organizational skills to foster teamwork in a dynamic fast paced environment. * Practical and pragmatic approach to problem solving; hands on worker. Physical Requirements: (with or without reasonable accommodation) * Requires prolonged sitting, some bending and stooping * Occasional lifting up to 25 pounds. * Manual dexterity sufficient to operate a computer keyboard and calculator * Ability to travel when required (less than 10%). Benefits: * Competitive Base Salary * Annual Bonus Eligibility * 100% Employer covered health insurance premiums. * 401K with 4% employer match About Us: Formentera Operations LLC is the operator for Formentera Partners, which is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins. Formentera is intentional and deliberate in cultivating our culture. We seek people who are not only exceptional within their own skills and aptitudes but who also care deeply about supporting each other’s growth and embracing the value that diverse teams, ideas and opinions creates. Operating with integrity and treating each other well at all times are foundational pillars at Formentera. Formentera provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, protected veteran status, disability or any other characteristics protected by federal, state, or local law where we employ. Formentera will not tolerate discrimination or harassment based on any of these characteristics. Notice to Third Party Agencies: Please note that Formentera does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Formentera will not consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Formentera explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring manager(s), are deemed to be property of Formentera. NOTE: Formentera is not able to consider candidates requiring Visa sponsorship at this time.

Responsibilities

The Senior Lease Analyst conducts technical reviews of leases and title documents to ensure compliance with laws and lease provisions. They are responsible for managing land systems, maintaining ownership records, and communicating contractual obligations to development teams and partners.