In a word, yes.
The finer you chop up the hide, the higher the yield in glue, so cut it up as fine as you can stand to spend time doing. Put it all (except the hair and fat) in an ovenproof roasting pan with distilled water and set the temp on your oven as low as you can go, cover tightly, and let it simmer all night long. If your local water source is low in dissolved minerals you can go with tap water.
Strain out the solids, and continue in the oven with the lid off the roaster to evaporate water until you are satisfied with the thickness. Runny syrup is what most people shoot for.