Job Information
Hess Corporation Commercial Contracts Specialist Job in Houston, Texas
HYBRID ELIGIBILITY
This position works a hybrid schedule, spending time remotely and in the office in Houston, TX. The current hybrid schedule provides flexibility to collaborate in the office Tuesdays through Thursdays and work from home Mondays and Fridays. With our 9/80 feature you get time off every other Friday when you work at least 80 hours over the preceding nine days.
POSITION SUMMARY
Hess’s Global Exploration & New Ventures Commercial division focuses on preserving enterprise value through strategic and commercial value analysis, negotiation and management of commercial agreements, and engagement with governments, regulators, joint venture partners, and other energy industry stakeholders. This division is part of the Global Exploration organization.
The Commercial Specialist (Global Exploration & New Ventures) will report to the Commercial Director, Global Exploration & New Ventures. This role involves analyzing and managing all upstream and midstream commercial contracts within Global Exploration & New Ventures. The ideal candidate should have experience in commercial contract administration, familiarity with Hess contract management systems and procedures, and the ability to collaborate effectively with multidisciplinary teams.
ROLES & RESPONSIBILITIES
Implement and analyze all existing Hess commercial contracts to ensure compliance with Hess Commercial Excellence Contract Administration Procedures.
Establish and maintain a formal commercial contract obligation register (leases, contracts, AMIs, rental payments) with internal monthly/quarterly reporting procedures.
Set up new domestic and global lease, license, and contract terms and make appropriate revisions in Quorum Land System and CLM.
Manage requisite internal reporting processes (e.g., annual reserve audits, SEC 10-K filings).
Collaborate with Hess asset, finance, accounting, treasury, insurance, and legal teams.
Opportunities to expand future scope with negotiation support and competitor analysis, both in the U.S. and internationally.
QUALIFICATIONS
Education, Training & Certifications
Bachelor’s degree preferable or commensurate experience.
Certifications or degrees in the following are a plus: Law, Petroleum Land Management, Lease and Title Analyst, Division Order Analyst.
Experience
5+ years in upstream oil & gas value chain experience, preferably in commercial, land, land administration, division order, or land development.
Experience with oil & gas contract management systems is required.
Technical Skills
Understanding of leases, production sharing agreements, joint operating agreements, and other commercial contracts in the oil & gas sector.
Familiarity with Hess contract lifecycle management (CLM) and quality lifecycle systems (QLS) is a significant advantage.
Analytical Skills
- Strong analytical and problem-solving abilities, with an aptitude for making data-driven decisions and providing actionable insights.
Communication Skills
Excellent written and verbal communication skills, with the ability to convey complex information clearly and effectively to a variety of stakeholders.
Ability to engage internal Hess stakeholders.
Interpersonal Skills
- Ability to work collaboratively within cross-functional teams and foster a culture of teamwork and collaboration.
Project Management
- Demonstrated project management skills, with the capacity to prioritize tasks, manage multiple projects simultaneously, and meet deadlines in a fast-paced environment.
Adaptability
- Willingness and ability to adapt to changing business needs and environments, along with a proactive approach to identifying opportunities for improvement.
Cultural Awareness
- Experience in working in diverse, multicultural environments.
Competencies
Leading at Hess refers to competencies considered absolute prerequisites for success. How you deliver results is as important as what you achieve. Every employee is expected to demonstrate the behaviors within these competencies to be considered an effective performer and, ultimately, earn career growth opportunities.
Builds Trusted Relationships
Develops Talent
Creates Effective Teams
Thinks Strategically
Inspires Innovation
Demonstrates Courage
Drives Continuous Improvement
Makes Quality Decisions
Delivers High Performance
WHAT WE OFFER
Hess provides a comprehensive range of compensation and benefit programs that help you to take care of your health, protect your income, and build savings for the future. Our compensation philosophy is simple – we pay for performance. The better you and the company perform, the more you can earn. Here are a few highlights:
Base Salary
- Base salaries are competitive, and market based, with pay increases based on objective measures and upward moves.
Annual Incentive Plan
- Every employee participates in our Annual Incentive Plan, which awards a bonus based on how well we fare as a company on our annual performance scorecard and the person’s level of contribution.
All Employee Share Plan
- All employees are Hess stockholders, so they share in the success they help create for the company. Shares are granted to new employees who do not receive stock as part of their compensation package.
Benefits
- Hess cares about your well-being and wants to help you be your best self. That’s why we offer a compelling benefits package that’s among the best in our industry. Highlights include: medical, dental, and vision coverage; a health savings account; 401 (K) and pension plan; a nationally recognized wellness program; and company paid basic life and disability insurance.
Learn more about our programs at https://hessbenefits.com/.
Learning & Development
- We believe in lifelong learning and provide a suite of on-demand and instructor-led learning opportunities, in addition to a tuition reimbursement program, designed to help you achieve your professional goals. Learning encompasses on-the-job interaction with highly skilled colleagues, self-guided study, training, mentoring and participation in formal networks (e.g., technical and employee resource groups.)
WHY HESS?
We aim to be the world’s most trusted energy partner. Modern life and continued human prosperity depends upon access to affordable and secure energy and all forms of energy are required for an orderly and just future. Hess is ideally positioned to provide low-cost oil and gas reliably to help meet the world’s growing energy needs in a way that protects the health and safety of our people, safeguards the environment, and makes a lasting positive impact in the communities where we do business.
Everything we do is guided by six core values - Integrity, People, Performance, Social Responsibility, Value Creation, and Independent Spirit, from how we treat our employees to how we interact with our neighbors, suppliers and business partners. They are the basic building blocks of our culture and represent our company's collective conscience. While our strategy changes over time based on business conditions, our values are enduring.
We are an industry leader in the Bakken shale play in North Dakota, one of the largest producers in the deepwater Gulf of Mexico and a critical natural gas producer and supplier to Malaysia and Thailand. Our exploration and appraisal activities are offshore Guyana, one of the industry’s largest oil discoveries in the past decade, as well as in the Gulf of Mexico and Suriname.
We are recognized around the world as an industry leader in environmental, social and governance performance and disclosure.
Hess provides challenging and rewarding opportunities for personal growth. We are always looking for talented professionals who share our values and are passionate about making a difference in the world and in their careers. Unlike much larger companies, we are agile and every member of the team, regardless of level or position, plays an important role.
We invite you to learn more about what makes us a special place to work. Click here (www.hess.com)
Hess is committed to maintaining a culture of diversity, equity and inclusion. We are an affirmative action and equal opportunity employer. For our complete EEO/AA and Pay Transparency statement, please visit Diversity and Inclusion | Hess Corporation (https://www.hess.com/sustainability/diversity-and-inclusion) . To request reasonable accommodation, click here (MyHR@hess.com) or send an email to MyHR@Hess.com .
Posting Notes: Lisa Willet | Employee | Commercial | United States| Texas | Houston | | No | 27485