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Compensation Grade
ONS-USD-34Who We Are
INEOS Energy
INEOS Energy is the energy division of INEOS, we produce and trade oil, gas, power, liquefied natural gas (LNG) and carbon credits. Operating across the Danish and UK North Sea with offshore oil & gas assets and onshore assets in South Texas, US. This is supported by our investments and projects in low carbon technologies, which will help sustain our business through the energy transition.
The key focus for the US Onshore business is to acquire, explore and develop properties to produce natural gas, oil and NGL from underground reservoirs safely and efficiently. Key operated assets are in the Eagle Ford shale basin in South Texas. With over 2,000 well producing net 36kBOE per day.
Owning and operating producing US onshore assets is part of INEOS Energy’s strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality energy solutions to its customers.
About the job
Job Title: Senior Production Allocation Analyst Department: Operations
Summary of Position
As a Senior Production Allocation Analyst, you will be responsible for executing production volume and allocation reporting, leveraging the Production Accounting Lead as a resource for guidance and support. This role requires strong analytical skills, attention to detail, and a comprehensive understanding of production allocation principles, industry regulations, and company policies. You will be responsible for gathering, validating, and reconciling production data from field operations, measurement systems, and third-party sources to ensure data integrity. Additionally, you will work closely with the measurement, automation, and revenue accounting teams, as well as production engineering, field personnel, and external stakeholders, to resolve discrepancies and improve reporting accuracy. This position provides opportunities for growth while playing a key role in maintaining the integrity of production data and compliance with regulatory requirements.
Primary Job Responsibilities
- Execute daily and monthly production accounting tasks, including but not limited to allocation, reconciliation, and reporting (internal and external) for upstream US oil and gas operations.
- Create/Maintain/Modify complex production allocation networks in the production accounting software.
- Ensure accurate volume upload of over 1,700 operated properties.
- Proactively monitor variance reports to identify and resolve any volumetric discrepancies.
- Leverage SQL and advanced Excel functions to analyze large datasets, identify trends and anomalies and generate insightful reports.
- Use data warehouse systems to extract, transform and analyze data for various business applications.
- Investigate ways to transition manual work activities into a more automated workflow.
- Validate and reconcile oil invoices/statements to daily/monthly trucking tickets.
- Validate and reconcile gas statements to daily/monthly gas production.
- Guarantee proper well tests are maintained.
- Collaborate with Operations, Engineering, and Revenue Accounting to ensure new wells and site changes are properly reflected in the allocation system and volumes are correct.
- Coordinate with Operations, Engineering, and Revenue Accounting to ensure Allocation Flow Diagrams are accurately maintained, updated, and stored.
- Prepare and submit regulatory filings related to production data – TRRC and EIA.
- Validate and reconcile complex SWD/Skim oil allocations and assist in P-18 filings.
- Develop, update, and maintain comprehensive documentation of data management processes and procedures to ensure standardization and consistency across the team.
Education and Experience:
- Bachelor’s degree in a quantitative field (Accounting, Finance, Business Analytics, or a related discipline) or equivalent years of translatable professional experience, with a focus on data-driven decision-making.
- 5+ years of experience in oil & gas production allocation, with demonstrated proficiency in SQL, data warehouses, and advanced Excel functions preferred.
- Strong knowledge of oil and gas production accounting principles, techniques, and industry standards.
- Proficiency in using industry production accounting software, knowledge of ProdView is a plus.
- Minimum experience in at least a limited capacity using the SAP PRA Production module, including data entry, validation, and reconciliation.
- Excellent people skills and practiced motivational behaviors.
- Must be able to proactively identify system and production issues and drive towards solutions that eliminate reoccurrence.
- Proficiency in leveraging data analytics to enhance accuracy in production accounting and reporting.
- Proficiency in SQL (querying, joining tables, aggregations).
- Experience working with Snowflake and understanding ETL processes and how data flows from field operations to financial reporting.
- Advanced Excel skills using pivot tables, power queries, complex formulas, and Power BI or Excel PowerPivot for reporting and visualizations.
- System savvy and ability to work with different applications and databases.
- Experience with regulatory requirements and compliance in the oil and gas sector.
- Experience submitting reports to State and EIA
- Excellent problem-solving skills and attention to detail.
- Ability to work independently and manage multiple tasks simultaneously.
- Ability to work in a fast-paced environment.
- Knowledge of PowerBI is a plus.
- Excellent verbal and written communication, teamwork, planning, and organizing skills.
- Good documentation skills required to support analysis and problem resolution.
Travel & Additional Requirements:
- Work Location: Work is performed primarily in-office with occasional visits to field locations
- Schedule: Fulltime, 9/80
- Travel required to INEOS field locations.
- INEOS is a drug free workplace. All offers to successful candidates will be subject to successful background check and drug screen.
Relocation:
Preferential treatment will be granted to candidates residing in the Location metropolitan area.
Compensation & Benefits
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act (EPEWA) and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation.
Compensation:
The annual rate for this position generally ranges between $112,000 - $121,000 with an opportunity for a company-wide annual discretionary bonus, of up to 40% of eligible pay. This role, depending on skill level and experience, may also participate in the Long-Term Incentive Plan with annual awards, vesting over three years, ranging from 8-16% of stated annual target. These ranges are estimates, based on potential employee qualifications, operational needs, business performance to metrics, and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
Benefits:
Benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 3% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.
Application Deadline:
Application Deadline: March 7, 2025. Please note that applications received after the deadline will not be considered.
Notice To Third Party Agencies:
INEOS does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to INEOS in the absence of a signed Service Agreement where INEOS has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of INEOS and INEOS will have the right to hire that candidate without reservation – no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.