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

Position: Commercial Analyst (PCN 10-T006, 10-T007, 10-T081)

The Department of Natural Resources, Division of Oil & Gas

We are recruiting for multiple Commercial Analysts in Anchorage, Alaska.

What You Will Be Doing

Full‑time permanent exempt Commercial Analyst position. Located in Anchorage; provides opportunity to work with highly skilled staff.

Position works within the division's multi‑discipline team of commercial analysts, engineers, geologists, geophysicists, and land managers. Performs evaluation options, formulates strategies, and recommends actions to maximize the value of the state's oil and gas resources.

Position will have considerable autonomy to identify and pursue opportunities both for maximizing the state's value in, and competition for, state oil and gas resources. Significant feature: advise and assist the Division of Oil and Gas director and DNR commissioner in shaping oil and gas policy for the state.

Mission and Values/Culture

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.

Core Responsibilities

• 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.
• Managing and mitigating commercial risks to the state.

Benefits of Joining Our Team

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 to be part of a multi‑disciplinary team that constantly learns from each other.

to learn more about working for the Division of Oil & Gas.

The Working Environment You Can Expect

Position located on the 11th floor of the Atwood Building in downtown Anchorage, within walking distance of eateries, local shopping, and the Coastal Trail.

The desired KSAs and competencies include the following

• Negotiation, contracts, cash flow analysis, and economic modeling.
• 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: 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 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 years of experience in the oil and gas industry is required.
• Those possessing an advanced degree and particularly strong quantitative skills but…