Job Description

Job Summary

The Area Reservoir Engineer will be responsible for managing and optimizing both producing assets and development programs from a reservoir engineering perspective.  The position will work closely with stakeholders to develop, frame, support, and implement initiatives to understand resource potential and to optimize current and future production through teamwork and robust technical analyses.  The role will also be responsible for working closely with planning teams to optimize workflows to prioritize opportunities and maximize overall asset value.

The Area Reservoir Engineer will work in our Houston Corporate office and may work two (2) days a week remote.

Responsibilities   

Utilize DCA and RTA/PTA techniques to evaluate and forecast well performance
Conduct surveillance, analyses, and recommendations for proper reservoir management of Operated and OBO production
Monitor company and offset competitor results.  Process and synthesize internal and public data to guide decision making and enhance overall asset value
Conduct and lead the required surveillance, technical reviews, data collection, execution planning, econ analysis, AFEs, PSA proposals, and offset competitor analysis required to optimize the asset
Develop well spacing and completion strategies to mitigate depletion impacts and optimize co-development opportunities
Evaluate potential to optimize infrastructure capex through strategic phased buildout and/or commercial contracts
Define high, medium, and minimum development scenarios in undeveloped acreage positions with associated full field forecasting and cash flow analysis
Support documentation requirements for investment opportunity management and financial approvals
Support and participate in reserve evaluations, production forecasts, and budgeting workflows
Champion technical projects/studies which enhance ongoing asset development and production optimization on an as needed basis

Conduct technical reviews and asset valuations for both operated positions and business development opportunities to maximize economic value

Qualifications/Requirements

Bachelor’s Degree in Engineering
Minimum 8 years’ experience in unconventional reservoir engineering
Proficiency in economic analysis and forecasting (Aries or ValNav)
Experience with IHS Harmony, Spotfire, and data analytics tools
Familiarity with reserves calculations and SEC guideline
Experience with asset valuations, acquisitions, trades, or divestitures
Experience with technical studies, simulations, or trials in:

Well spacing and lateral length type curve adjustments
Parent/child well production impacts
Well completions optimization
Flowback optimization and analysis

Demonstrated communication, teamwork, and project management skills
Successful track record in the fast-paced environment of an active operated asset

PURPOSE 

We believe in providing energy that empowers people.

MISSION

We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.

VISION

We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.

VALUES & BEHAVIORS

Do Right Always

Respect people, safety, environment and the law
Follow through on commitments
Make it better

Think Beyond Possible

Offer solution
Step up and lead
Don’t settle for “good enough”
Embrace new opportunities

Stay With It

Show resilience
Lean into challenges
Support each other
Consider the implications