Job Description - Reservoir Engineer Non -Op Assets, Permian
For a small, privately -owned oil & gas company primarily focused on Permian Assets where the company holds a non -operated position, function as the primary Reservoir Engineer for the firm, working hand -in -hand with senior leadership and the CEO.
This role will conduct technical due diligence to identify behind -pipe opportunities, analyze and control LOE, perform detailed acquisition evaluations, and work alongside the company’s leadership, engineer, land and geo staff to integrate successful
acquisitions into the corporate systems.
Candidates must be highly independent with attention to detail skills, while also demonstrating a comprehensive and in -depth understanding of engineering and oil and gas principles, processes, and procedures.
RESPONSIBLITIES:
On a well -by -well basis, review production history and decline curves of current assets the company receives revenue from that are operated by outside E & P firms
Evaluate operator quality and operating history
Analyze LOE and cost structures
Sanity -check seller assumptions and cash flow
Identify red flags (mechanical, operational, or economic)
Perform detailed evaluation of acquisitions, divestitures, and/or trades that arise from internally generated and third -party deal flow
Develop type curves, including composing type curve areas and well lists based on similar attributes (including but not limited to subsurface conditions, target zone, vintage, D&C design, well -spacing), refinement and application of parent -child/co -development risking methodology, and identifications of offset analog pad/project developments
Participate in management presentations and/or data rooms, lead technical due diligence efforts, and able to load and calibrate data from acquisition data rooms
Prepare PhDWin or ARIES databases incorporating underwriting assumptions and prepare cashflow projections, presentations, and supporting documentations
Obtain, organize, QA/QC, and input data into internal platforms to provide technical support and assistance with tracking, screening, and data management
Perform scoping work on potential acquisition targets and/or divestiture candidates based on internal private data and publicly available data sources
Assist in continuous process improvement of internal best practices for A&D evaluations and related workflows
Assist engineering team by providing technical support required to perform basic studies
Requirements
REQUIRED SKILLS & EXPERIENCE:
Bachelor’s degree in petroleum engineering or related field of study
10+ years of relevant reservoir engineering, asset evaluation, production analysis and acquisitions evaluations experience at an operator, non -operator, private equity sponsor and/or investment bank
Highly proficient in Aries or PhDWin and proficient in Microsoft Excel, PowerPoint, and Access
Relevant understanding of oil & gas underwriting process and preparing cashflow projections and presentations
Strong understanding of oil and gas terminology, public data sources, and information types
Proven self -starter with the ability to manage multiple simultaneous priorities with a track record of process improvement, automation, and modernization of systems
Strong analytical, problem solving, and critical thinking skills with high attention to detail
Strong written and verbal communication skills
Proven ability to perform various concurrent activities/project in a high -risk, project -based environment
All Job Ads are subject to GrabJobs’s Terms of Service. We allow users to flag postings that may be in violation of those terms. Job Ads may also be flagged by GrabJobs moderation team. However, no moderation system is perfect, and flagging a posting does not ensure that it will be removed.
Be the first to receive the latest Others Full-Time Jobs in the US.
Setup your job alert:
By activating job alerts, I agree to GrabJobs Terms & Privacy Policy. I can unsubscribe to job alerts anytime.
Skip
GrabJobs is the no1 job portal in the US, connecting you to thousands of jobs fast!
Find the best jobs in the US, apply in 1 click and get a job today!