Minerals Mgmt Specialist
Positions in this job family are involved in professional level work related to the management, analysis, interpretation, and sale of mineral resources under the jurisdiction of the Commissioners of the Land Office.
The functions within this job family will vary by level, but may include the following:
- Researches and analyzes lease assignments, drilling and production reports, and Division Orders, and conducts title searches to determine legal ownership and interest of mineral rights and royalty due CLO; reviews U.S. surveys, riparian and accretion rights pertinent to the movement of the river.
- Performs mineral appraisals and evaluation of mineral assets to determine value of tracts; reviews bids submitted on minerals leases to determine if bonus payment is of fair market value; determines status of low producing stripper wells, makes recommendations and develops plan of operation if required for continued operation, increased production or economic shut-in; evaluates economic value of participation in secondary recovery units affecting royalty due CLO.
- Performs on-site inspections and evaluates well sites or other mineral sites to assure compliance with lease agreement, exiting rules and regulation concerning production, appropriate environmental standards and pollution abatement, Oklahoma Corporation Commission rules and regulations and pertinent state laws; settles surface damages with appropriate parties when necessary.
- Conducts marketing of oil, natural gas, and other minerals to maximize income to the CLO trust fund; supervises and coordinates work of other division employees in the management and sale of mineral resources.
- Responsible for the operation of the Geographic Information System, a component of specialized data systems to determine well locations, production, well density, producing formations, and geographical information such as rivers, sections, cities, and towns.
The Minerals Management Specialist job family has four levels which are distinguished by the complexity of assignments, the level of technical expertise required to perform the duties assigned, and the responsibility for providing leadership to others.
LEVEL I: Code: F30A Salary Band: I
This is the basic level of the job family where employees are primarily responsible for performing routine entry level work while in a training status to build their knowledge and skills in the management of various aspects of the mineral resources of the Commission and the lease sale minerals resources to maximize the income for the CLO Trust. Tasks performed at this level include the review and preparation of various documents involved in the determination of ownership of mineral assets, division of mineral interest in multiple ownership, determination of mineral formations and calculation of royalty due CLO, and the evaluation of mineral interest for lease sale.
Knowledge, Skills, and Abilities required at this level include knowledge of basic management and public administration techniques; of appropriate laws, rules and regulations pertaining to oil and gas; and of oil and gas lease terms. Ability is required to read and interpret complex written material and preparation of basic documents used in the operation of the minerals management division; to prepare records; to communicate effectively, both orally and in writing; and to establish and maintain effective working relationships with others.
Education and Experience requirements at this level consist of a bachelor’s degree in petroleum land management, business, public administration, or a closely related field; or an equivalent combination of education and experience, substituting one year of experience as a petroleum landman, petroleum lease analyst, petroleum broker, mineral asset manager, mineral marketing specialist or division order analyst for each year of the required education.
LEVEL II: Code: F30B Salary Band: J
This is the career level of the job family where employees are assigned duties and responsibilities at the full performance level and perform various technical and professional tasks related to the management, analysis, and sale of mineral resources under the jurisdiction of the Commission, Duties include research and analysis of lease assignments, contracts, drilling and production reports, division orders, Corporation Commission procedures, U.S. surveys, and riparian and accretion rights; conducting title searches to verify legal ownership or mineral rights; determining proper division of minerals interest; calculating royalties and payments due on mineral leases; analyzing mineral formations involved in lease agreements; the preparation of various documents and correspondence concerning mineral rights and ownership; and performing analysis of mineral assets for negotiated leases and seismic agreements.
Knowledge, Skills, and Abilities required at this level include those identified in Level I plus additional knowledge of business mathematics; of Oklahoma Corporation Commission rules and regulations; and U.S. survey system of geological terminology and formations. Ability is required to use maps and mineral information systems; to analyze and interpret legal documents pertaining to mineral rights and title standards; and to conduct several projects simultaneously.
Education and Experience requirements at this level consist of those identified in Level I plus one additional year of qualifying experience in performing professional mineral management work.
LEVEL III: Code: F30C Salary Band: K
This is the specialist level of this job family where employees are routinely assigned responsibilities for performing advanced level work involving appraisals of minerals resources under jurisdiction of the Commission to determine their asset market value, review of bids submitted for open leases to determine if bonus payment is of fair market value, analysis of the status of marginal or low producing striper wells to make a determination and recommendation in an innovative format whether to continue operation, increase production or shut-in the well for economic purposes, and the development of an innovative plan to continue operation for economic benefit of the trust. Responsibilities may also include identifying critical areas of mineral assets available for lease sales and designing the configuration and size of acreage presented for lease, performing on-site inspections of well sites and other mineral sites to ensure compliance with lease, exploration, production, environmental standards, pollution abatement, and Oklahoma Corporation Commission standards. Other responsibilities include settlement of surface damages with appropriate parties when wells or other mineral extractions have been drilled on CLO controlled surface acres, evaluates secondary recover units for economic justification for continued operation of site and use of the GIS system for evaluation and decision making process to improve operation on trust land.
Knowledge, Skills, and Abilities required at this level include those identified in Level I and II. Ability is required to perform highly independent work and to analyze and resolve complex problems including ownership, title questions, economic analysis of mineral assets and other pertinent data involved in CLO mineral leases.
Education and Experience requirements at this level consist of those identified in Level II plus two additional years of qualifying experience in professional minerals management work.
LEVEL IV: Code: F30D Salary Band: L
This is the leadership level where employees are assigned responsibility for directing and supervising the work of others in the management and operation of the division and the sale of mineral resources through the CLO leasing procedures and other specialized programs designed for the marketing of mineral resources. Responsibilities also include analysis of mineral’s assets to create added value and increase income to the trust, developing and conducting marketing programs that include marketing to third parties, exchange of natural gas for electricity, hedged purchases of natural gas and electricity on a local or national level, preparing strategies for trading, futures, alternative sources of energy for sale and marketing development of a comprehensive GFS data base to be used as a management tool to streamline and improve the operation of the division and increase trust income.
Knowledge, Skills, and Abilities required at this level include those identified in Level III plus knowledge of supervisory principles and practices. Ability is required to market products on a local and national level; to the manage minerals resources for more than one entity; and to plan highly sophisticated programs and projects on a local or national scale.
Education and Experience requirements at this level consist of those identified in Level III plus one additional year of experience in professional minerals management work.