The University of Texas System Administration
JOB DESCRIPTION
|
The University of Texas System Administration JOB DESCRIPTION |
| Effective date: September 1, 1996 |
| Job Title | Lease Analyst |
| Job Code Number | 9725 |
| FLSA Category | Non-exempt |
| Job Purpose | To maintain and monitor records on lease provisions for active leases, wells, and an overall inventory of all Permanent University Fund acreage. |
| Education and experience required including training, registration, and licensure. | High school diploma or GED equivalent with a minimum of 9 years experience in general business, accounting, or specialized records. |
| Supervision provided to others. | No |
Job Functions |
|
Number |
Description |
1. |
Maintain lease provisions compliance by receiving, processing, and entering into PC legal documents and decisions which changes the status of the lease. |
2. |
Complete the lease sale by creating computer records for lease and ownership, preparing the lease agreement and assembling materials for the official lease files. |
3. |
Maintain the working interest ownership records by reviewing, processing, and entering in the PC and lease file any transfer of ownership interests. |
4. |
Monitor the lease cessation by analyzing lease compliance, exceptions list and/or production records to determine cessation of lease. |
| 5. | Update records including royalty rate reduction, RRC number status, acreage and part description changes, ownership history, and remarks. |
| 6. | Maintain well records and document control records by analyzing weekly well activity updates. |
| 7. | Assist in computer rewrites and updates. |
This job description in no way states or implies that
these are the only duties to be performed
by the employee occupying this position. The incumbent is expected to perform other duties
necessary for the effective operation of the department. Any qualifications to be
considered as
equivalents in lieu of stated minimums require prior approval of Human Resources.
| This job class may contain positions that are security sensitive and thereby subject to the provisions of Texas Education Code §51.215. |