Wood PLC

Allocation Analyst I

LocationHouston, TX
Job TypeFull-time

About This Job

Analyzes, corrects, and reports daily and monthly volume allocations

Provides accurate and timely accruals and close volumes to revenue accounting
Constructs new wells, and production measurement equipment in Avocet.
Maintains relationships with field operators, foreman, and superintendents in the use of Avocet/Field Operator data entry
Supports team on reconciling volume variances between allocated volumes, estimated daily volumes, and purchaser statements using Avocet and Spotfire
Prepares and files state and federal production reports
Enters, and reconciles crude oil and water tickets to 3rd party statements
Processes PPA’s when necessary
Understands field equipment and process flows
Prepares partner reports of monthly reporting
Participates in system upgrades and testing.

Minimum Associate’s degree in Mathematics, Computer Science, Energy Technology, Business/Finance or similar with Bachelor’s degree preferred.

Minimum of 5 years of Oil and Gas Industry experience

Minimum of 3 years of Oil and Gas production accounting and regulatory reporting experience

Understands production accounting, including allocation methods and reconciliation.

Understands measurement, field data capture, process flows, and production networks.

Ability to analyze data and reach own conclusions.


Professional oral and written communication style.

Ability to successfully manage multiple tasks and meet deadlines.


Conflict resolution skills.


Must possess good Excel skills.


Must possess good organizational skills

Must be detail oriented with the ability to multi-task with attention to accuracy

Must be team player that possess the ability to adapt to a changing and fast paced work environment


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