Senior Production Allocation Analyst

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Who 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 dem