Land Professional Job
Posted on: 28 Mar 2021
Houston, TX
Job Description
Marathon Oil Company seeks a Houston-based Land Professional to work as part of its Eagle Ford Land Team. The successful candidate will preferably have a minimum of two (2) years Land experience demonstrating strong knowledge in the following areas: oil and gas exploration and development and operations; lease and contract negotiations; title opinion analysis and curative; managing land owner and working interest owner relationships. Texas land experience is preferred for this position.
Responsibilities:
* Negotiate, prepare and review a variety of Land contracts including oil and gas leases, assignments, joint operating agreements, farm-in/farm-out agreements, production sharing agreements, miscellaneous letter agreements, AMI's, etc., and administer their compliance.
* Manage a dynamic company-operated drilling schedule with multiple rigs and ensure complete land readiness in all aspects including contingencies and acceleration of rig program.
* Review title opinions and secure necessary curative documents. Assist the Division Order group with initial ownership set up and participate in monthly status of wells reviews.
* Maintain up to date knowledge of applicable Federal and State laws and regulations pertaining to land related issues.
* Manage OBO proposals and participate in internal reviews for same. Conduct external negotiations representing the recommendations of the asset team.
* Research Marathons acreage position and contracts through the Tobin Land System to assist in well preparation and reviewing outside proposals. Review lease terms and provide recommendations for lease cancellations, renewals, and rental obligations.
* Strong proficiency in Microsoft Office products and other land related programs such as ARC GIS, SAP and Tobin LeaseData to perform routine Land related tasks in area of responsibility.
* Actively participate in relevant meetings and apprise management regarding strategic land Issues. Make presentations to Marathon management as well as potential working interest owners. Assist and participate with Engineers, Geologists and Drilling team in the planning and preparation of the asset teams drilling program.
* Maintain intimate knowledge of Marathons acreage inventory and land positions in assigned areas and monitor competitor activity and land position. Provide information for new development opportunities and offer strategic Land input, as appropriate.
* Proactively seek business opportunities in areas of interest to Marathon. Build rapport with lessors, government officials and industry counterparts to enhance our commitment to be the operator of choice.
* Support Marathons Corporate Development initiatives, as directed.
Qualifications:
* Degree: Bachelors required
* Major Discipline: PLM, Energy Management/Commerce, or Business degree preferred
Experience Required:
* Minimum of two (2) years experience preferred in Exploration and/or Production Land activities.
* In-house Land experience preferred.
Marathon Oil Corporation (NYSE: MRO) is an independent oil and natural gas exploration and production company based in Houston, Texas. With a material position in four of the best oil-rich U.S. resource plays in different stages of development, we offer a variety of career opportunities, whether you're a recent college graduate or an experienced professional. You'll have the tools to develop and refine the skills and knowledge you need to succeed.
Marathon Oil Company will take the necessary action to ensure that applicants are treated without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, veteran status or other protected status under applicable employment law.
If you are a current Marathon employee please use the ERP website to submit referrals.
Posting Notes: || Houston || TX || United States (US) || Not Applicable; SF:DI; SF:GH; SF:LI; SF:MN; SF:RZ || Land, Marketing and Commercial || Not Applicable || || 30508 ||
Marathon Oil
Houston, TX
Marathon Oil traces our history back to 1887. From the beginning, we focused on oil production, starting as The Ohio Oil Company, based in northwestern Ohio, which was the leading center for crude oil production in the U.S. at that time. Because of our early success, John D. Rockefeller’s Standard Oil Trust purchased The Ohio in 1889, and we remained part of Standard Oil until it was broken up in 1911. We entered the refining business in 1924, and operated as an integrated oil company for nearly 90 years of our history.
In 1930, we purchased the Transcontinental Oil Company, acquiring the Marathon product name, the Pheidippides Greek runner trademark, and the "Best in the long run" slogan. That same year we began trading on the New York Stock Exchange. More than three decades later, in 1962, we adopted Marathon Oil Company as our corporate name. From 1982 until 2002, we were part of US Steel. In 1990, we moved our headquarters from Ohio to Houston, where we have remained. When we pulled apart from US Steel, we once again became a standalone company in 2002. In 2011, we spun off the refining business and became an independent E&P company.
Our strategy is focused on the lower cost, higher margin U.S. resource plays that are liquids rich. Our playbook is simple: a strengthened balance sheet, relentless focus on costs, simplifying and concentrating our portfolio, and profitable growth within cash flows.
Marathon Oil became an independent E&P company on July 1, 2011. Based in Houston, we're focused on the most significant oil-rich resource plays in the U.S. -- the Eagle Ford in Texas, Permian in New Mexico, STACK and SCOOP in Oklahoma, and the Bakken in North Dakota. We also have international operations in Equatorial Guinea. While we feel like a start-up in many ways, our roots go back 130 years to our company's formation in 1887. Our stock trades on the New York Stock Exchange under the ticker symbol: MRO.
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IndustryOil and Gas
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No. of Employees2,300+
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Website
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Jobs Posted28
