Reservoir Engineer

NR Consulting LLC

JOB DETAILS

SALARY

$100,000–$100,000 Per Hour

LOCATION

Midland, TX

POSTED

30+ days ago

Job Title: Reservoir Engineer
Location: Midland TX
Job Type: Full time

General Responsibilities

Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR’s Delaware Basin Assets
Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.
Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon
Collaborate with team to analyze completion and production practices that optimize value across acreage position
Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
Support Reserves Manager in analysis of quarterly reserves update and biannual bank redeterminations
Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy
Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly
Other duties as assigned

Minimum Qualifications

BS in Engineering and 8+ years of oil and gas engineering experience with 4+ years of reservoir engineering experience
Proficiency in ARIES and Microsoft Office
Must have relevant reservoir engineering experience with unconventional resource plays
Must be self-motivated and capable of independently integrating within multi-disciplinary teams
Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization

Preferred Qualifications