Commercial Analyst; PCN -T006, -T007, -T081

The Department of Natural Resources, Division of Oil & Gas
, is recruiting for multiple Commercial Analysts in Anchorage, Alaska.

What You Will Be Doing:

The Department of Natural Resources, Division of Oil and Gas, is recruiting for a full-time permanent exempt Commercial Analyst. This position is located in Anchorage and offers the opportunity to work with highly skilled staff. This position works within the division's multidisciplinary team of commercial analysts, engineers, geologists, geophysicists, and land managers, and performs evaluation options, formulates strategies, and recommends actions to maximize the value of the state's oil and gas resources.

This position will also have considerable autonomy to identify and pursue opportunities both for maximizing the state's value in, and competition for, state oil and gas resources. A significant feature of the job is the opportunity to advise and assist the Division of Oil and Gas director and DNR commissioner in shaping oil and gas policy for the state.

The mission of the Department of Natural Resources is to develop, conserve, and enhance natural resources for present and future Alaskans. The Division of Oil and Gas strives for a diverse and inclusive workforce where safety and well-being are paramount and employees at all levels promote a culture where everyone is valued, treated equitably, and treated respectfully.

The Commercial Section maximizes the value of the State's natural resources through strategic financial analysis, protecting the State's interests through negotiation and contracts, risk management, and policy development. We use our diverse professional experiences and technical skills to maintain a comprehensive view of Alaska’s oil and gas industry, providing analysis and support to our leadership and to public policymakers.

• Examining the performance of existing and proposed royalty settlement agreements;
• Developing negotiating strategies for settlement reopeners;
• Analyzing proposed legislation and regulations to understand potential impacts on the oil and gas sector;
• Evaluating opportunities to sell royalty oil and gas in kind;
• Evaluating proposals to modify royalty terms in order to make an oil and gas project economic;
• Assessing the effectiveness and efficiency of proposed fiscal measures on oil and gas development incentives;
• Developing commercial terms for the state's periodic lease sales;
• Developing valuation regulations to clarify state royalty policy;
• Developing and negotiating appropriate bonding measures to ensure performance of lease obligations;
• Manage and mitigate commercial risks to the State.

The Commercial team is a small team from diverse professional backgrounds tasked with maximizing the economic value of Alaska’s resources. We work collaboratively on negotiations, regulatory reviews, and policy development and analysis. We offer the opportunity to engage in meaningful, substantive, and highly impactful projects, as well as the opportunity to be part of a multi-disciplinary team that constantly learns from each other.

The position is located on the 11th floor of the Atwood Building. Our office is located in the heart of downtown Anchorage, within walking distance of eateries, local shopping, and the Coastal Trail.

• Negotiation, contracts, cash flow analysis, and economic modeling;
• The ability to analyze the commercial and market structure implications of laws, regulations, and contract provisions;
• A thorough knowledge of at least one of the following is required: economic modeling, upstream oil and gas processes, petroleum engineering, oil and gas accounting, or oil and gas law;
• Excellent analytical and communication skills; proven team leadership; demonstrated ability to achieve results; and proven ability to balance multiple tasks and responsibilities;
• A college degree(s) in a field related to the commercial behavior of firms in the oil and gas industry (e.g., Economics, Business Administration, Accounting, Engineering, or Natural Resource Management) and a minimum of three…