Job Description
Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows from low-decline production with a deep, high-quality development inventory.
Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns. Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.
The Land Payments Analyst is responsible for facilitating all Land related payments outside of direct royalty disbursements. This position will play a critical role as we continue building out the broader Land organization at Crescent. This position reports to the Land Administration Supervisor.
Essential Duties & Responsibilities:
Monitor monthly payment calendars to ensure records are reviewed and updated prior to Landmen recommendations.
Determine and calculate minimum royalty obligations; Ensure recommendations are submitted timely to Landmen for approval.
Determine and calculate shut-in payment obligations; Ensure recommendations are submitted timely to Landmen for approval.
Assist in the calculation of throughput-based payments (pull volumes systematically, reach out to field personnel as necessary).
Create requests for AP to process non-calendar Land payments.
Track payments from Land approvals through to counterparty receipt of funds.
Coordinate physical checks printed and returned to Houston office for supplemental cover letters and attachments.
Support compliance and regulatory reporting as requested.
Assist with year-end escheat activities.
Assist with identifying and updating payees to reflect current ownership.
Required Experience & Education:
Bachelor’s degree in Business, Energy Commerce, PLM, or related field.
Minimum of 3+ years of progressive experience in upstream land administration or similar roles.
Working knowledge of land agreements and lease provisions in the oil and gas industry.
Experience working with large data sets and land management systems (SAP, Enverus, LandVantage, Quorum, or similar).
Prior experience with SUAs and ROWs a plus.
Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender/pregnancy, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process, please let us know by contacting [email protected].