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Senior Production Accounting Analyst

Company: EOG Resources, Inc.
Location: Midland
Posted on: January 12, 2022

Job Description:

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. JOB 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.Position will be filled at a level commensurate with experience.
      EOG Resources is an Equal Opportunity Employer including Veterans and Disabled CategoryAccountants and AuditorsEducationBachelor's DegreeJob typeFull time

Keywords: EOG Resources, Inc., Midland , Senior Production Accounting Analyst, Professions , Midland, Texas

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