Real Estate Contract Analyst

LocationMidland, TX
Job TypeFull-time
Salary$82,000-$122,000

About This Job

#WeAreONEOK – Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.


JOB SUMMARY


Job Profile Summary

Prepares, analyzes, negotiates, interprets and communicates information from complex legal documents pertaining to leases, underground gas storage agreements, gas supply/service contracts, natural gas liquids and natural gas purchase, sales contracts, gathering and processing contracts, transportation service agreements including capacity release agreements, licenses, fee properties, rights-of-way and easements as applicable to the position.


Essential Functions and Responsibilities

Analyze, prepare, review, maintain, and/or process complex lease and license agreements, contracts, records, underground gas storage agreements, transportation service agreements including capacity release agreements, rights-of-way and easements, fee properties, and related legal documents as applicable to the position
Utilizing discretion and judgment research and interpret legal documents to ensure compliance with contract terms and state and federal regulations. Ensure compliance with all applicable regulations, company standards, tariffs, policies, and procedures including meeting insurance requirements to satisfy company risk management matrix
Review, process, and pay monthly obligations for industrial leases and underground gas storage agreements as applicable to the position
Negotiate contract terms and provisions as required
Maintain computer database and imaging systems, as well as, hard files for right-of-way agreements, easements, fee properties, industrial leases, service agreements, and gas storage lease agreements. Utilizing independent decision making to recommend and approve system improvements as needed
Provide information, guidance, and assistance to landowners, producers, customers, attorneys, governmental; agencies, title and abstract companies, vice presidents, surveyors, drafters, and field and operations personnel, company and contract personnel relative to rights, ownerships, and lease payments
Compile and analyze ad hoc reports to management, attorneys, and other company personnel
Prepare and maintain all approvals, waivers, contractor information including certificates of insurance and pre-qualification documents, easements, leases, permits, right-of-way agreements, and other legal documents
Provide daily leadership to Contract Administrators in work group including work assignments and review of work output
Provide training and guidance to employees on database and imaging systems


Education

Formal education to include a combination of courses such as math, accounting, lease records, real estate principles and practices, division orders, or right-of-way


Work Experience

Experience and thorough knowledge of working with contracts and lease agreements, property/land records, legal descriptions, real estate definitions, industry and governmental regulations, and plats
Experience in use and function of tools and equipment applicable to position including computers, land records database and imaging systems, and spreadsheet and word processing software
Experience reading and interpreting legal descriptions and documents, contracts, leases, division orders, industry and governmental regulations, forms, manuals, publications, and correspondence
Experience conducting internal and/or external research and preparing contracts, releases, records, payments, legal descriptions, land/property records, reports, and correspondence
Experience interacting, negotiating, and communicating effectively
Knowledge and experience of recording requirements of legal documents


Knowledge, Skills and Abilities

Knowledge of: assigned assets, leases, underground gas storage lease agreements, right-of-way agreements, contracts, and fee properties
Knowledge of: real estate law
Knowledge of: business communications
Knowledge of: gas contract law
Knowledge of: of applicable FERC and state regulations applicable to gas transportation agreements and capacity release agreements as applicable to the position
Knowledge of: records maintenance
Ability to: apply basic math and algebraic formulas used in calculations pertaining to land records and interest ownership and various spreadsheet applications
Ability to: communicate and/or exchange information or instructions


Licenses and Certifications


None required


Strength Factor Rating - Physical Demands/Requirements

Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.


Strength Factor Description - Physical Demands/Requirements

Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)
Walking: Moving about on foot (Frequently)
Sitting: Remaining in a seated position (Constantly)
Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)
Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)
Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)
Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)
Climbing: Ladders, Stairs (Occasionally)
Balancing: Maintaining body equilibrium to prevent falling (Occasionally)
Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)
Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)
Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)
Crawling: Moving about on the hands and arms in any direction (Occasionally)
Reaching: Extending hands and arms in any direction (Constantly)
Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)
Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)
Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)
Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)
Hearing: Perceiving the nature of sound by the ear (Frequently)
Tasting/Smelling: (Occasionally)
Near Vision: Clarity of vision at 20 inches or less (Constantly)
Far Vision: Clarity of vision at 20 feet for more (Frequently)
Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)
Vision: Color - The ability to identify and distinguish colors (Constantly)


Working Conditions/Environment

Employee is subject to inside environmental conditions


Working Conditions

Well lighted, climate controlled areas (Constantly)
Frequent repetitive motion (Constantly)
CRT (Computer Monitor(s)) (Constantly)


Travel

Travel in and around office surroundings and to other business locations


Driving

Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license

ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law.

The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK.

ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email HRSolutions@ONEOK.com or call 1-855-663-6547. #LI-HYBRID


Expected Salary Range


$82,000.00 - $122,000.00

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