Production Accounting Analyst

at EOG Resources
Location Midland
Date Posted July 20, 2021

Description

Production Accounting AnalystMultiple LocationsPosition Summary:The Production Accounting Analyst is responsible for accurate daily and monthly oil, gas, and water volumes used for oil & gas well operational decisions, royalty settlement and state and federal regulatory reporting. Activities of this position include, but are not limited to, the following: Setup and maintenance of well and facility design used to calculate and allocate production and sales volumes within the P2 ProCount production accounting system.Interfacing with facilities, production, and measurement groups to understand field facility and measurement design.Collaboration with field personnel to insure timely and accurate reporting and transmission of field operational and production data.Analysis and reconciliation of daily and monthly oil, gas, and water volumes utilized by management and production operations personnel.Monthly volume reporting used for accounting accruals, revenue distribution and cost allocations.Gas gathering and gas lift distribution balancing, identification and analysis of discrepancies, variances, and imbalances.Validation and reconciliation of purchaser oil statements to daily/monthly trucked oil run tickets. Balancing truck run volumes with terminals and other off-load sites.Understanding of natural gas liquid, gas processing plant shrink and yield factors and general gas and crude marketing activities.Research, analysis, and compilations of volume data as requested by management or operations groups.Preparation and submission state and federal regulatory filings.Ensure all related processes are compliant in accordance with SOX controls and guidelines.Assist with the integration of property acquisitions and divestitures as it relates to production data.Participate in reporter training sessions with Lease Operators.Requirements: Bachelor's degree in Accounting, Finance or business-related discipline preferred.5-10 years upstream production analyst, accounting, regulatory reporting experience.Experience using P2 ProCount, Cygnet SCADA, and FlowCal preferred, comparable systems experience will be considered.Solid understanding of production accounting, including allocation methods and reconciliation.Knowledge of complex production allocations, crude and condensate measurement and characteristics, natural gas liquids, and gas processing.Advanced computer skills, particularly in using interactive databases, query and report writing, Excel pivot tables, filters, VLOOKUP's,Proficient analytical skills and problem-solving.Aptitude for recognizing, recommending, and implementing process improvements.Self-motivated with accomplished leadership skills, team player, comfortable working under pressure, and dedicated to team development.Ability to work effectively across departments, with all levels of the organization, to prioritize workload, and work with minimal supervision.Effective communication skills and the ability to work with field personnel, office staff, and regulatory agencies.This position can be located in one of EOG's multiple US divisions including Midland, San Antonio, Denver, Oklahoma City and Ft. Worth.Position will be filled at a level commensurate with experience. EOG Resources is an Equal Opportunity/Affirmative Action Employer including Veterans and Disabled

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