Business Development Engineer

Permian Resources; Midland (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Permian Resources is seeking a Business Development Reservoir Engineer in Midland, Texas. You will provide technical support in evaluations and underwriting for A&D activity, collaborating with multi-disciplinary teams in a fast-paced environment.

The ideal candidate will have strong technical and communication skills, with 5+ years in oil and gas and 2+ years in Reservoir Engineering, plus experience with unconventional plays and Delaware Basin. Proficiency in ARIES and MS Office is expected.

Qualifications

• BS in Petroleum Engineering or related field.
• 5+ years of oil and gas engineering experience with 2+ years of Reservoir Engineering experience.
• Experience with unconventional resource plays; Delaware Basin experience preferred.
• Excellent verbal and written communication skills; able to communicate with all levels of the organization.
• Proficiency in ARIES and Microsoft Office.

Responsibilities

• Collaborate with multidisciplinary Business Development team to evaluate acquisitions, divestitures and trades across the PR portfolio.
• Support BD team in data management and quantification of prospective deals.
• Create and present high-quality engineering analyses and recommendations to senior management.
• Coordinate with Permian Resources’ technical teams to support underwriting of assets.
• Work with Finance to integrate technical underwriting into corporate modeling.
• Coordinate hand-offs from Business Development to Asset Teams as deals are transitioned.

Skills

Communication skills

Team collaboration

Self-motivation

Education

BS in Petroleum Engineering or related field

Tools

ARIES

Microsoft Office

Spotfire

Job description

Job Description

Permian Resources (NYSE: PR) is currently seeking a Business Development Reservoir Engineer in Midland, Texas. This position will be responsible for providing technical support in evaluations and underwriting for Permian Resources A&D activity. The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working with multi-disciplinary teams in a fast-paced environment.

General Responsibilities

• Work with multidisciplinary Business Development team to collaborate and deliver evaluations of acquisitions, divestitures and trades across the PR portfolio
• Support current technical BD team in all steps of the evaluation, from data management to the quantification of all pieces of a prospective deal
• Create, generate and present high quality engineering analysis and recommendations to senior management
• Collaborate with broader Permian Resources’ technical teams to leverage existing knowledge and synergies to support underwriting of assets
• Work with Finance Team to integrate technical underwriting into corporate modeling
• Execute hand off from Business Development to Asset Teams as deals are transitioned into and out of PR portfolio

Minimum Qualifications

• BS in Petroleum Engineering or related field
• 5+ years of oil and gas engineering experience with 2+ years of Reservoir Engineering experience
• Relevant experience with unconventional resource plays, with specific interest in candidates with Delaware Basin experience
• 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
• Proficiency in ARIES and Microsoft Office

Preferred Qualifications

• Some operations experience (Production, Completions, Drilling, etc.)
• Working knowledge of Spotfire

Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.