Engineering Analyst/Technician

Formentera Operations; Austin (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Annual bonus eligibility

Employer-covered health insurance

401K with employer match

Job summary

Formentera Operations LLC in Austin, TX, seeks a Drilling and Completions Analyst/Technician to manage data, costs, and reporting for drilling and completions teams. You will partner with engineers, field crews, and accounting to improve workflows and accuracy.

The role emphasizes ownership of recurring reports and new projects in a lean environment. Proficiency in Excel, PowerPoint, and data tools is required; experience with WellView and visualization tools is preferred.

Qualifications

• A degree in engineering, science, mathematics, data analytics, a related discipline, or equivalent relevant industry experience.
• Proficiency in Microsoft Excel and working knowledge of PowerPoint and other Microsoft Office applications.
• Strong analytical and problem-solving skills, with attention to data accuracy and detail.
• Strong organizational skills and the ability to manage recurring deadlines alongside changing priorities.
• Ability to work independently and collaboratively in a lean team environment.
• Willingness to take ownership of routine data maintenance, documentation, and reporting while supporting broader technical projects.

Responsibilities

• Maintain and update field cost estimates in WellView, working with engineers and field personnel to ensure costs are captured accurately and promptly.
• Coordinate with accounting and vendors to reconcile cost information, organize invoices and supporting reports, and support timely cost reporting.
• Track costs against AFEs and forecasts, monitor operational results against targets, and help explain variances.
• Assist engineers with preparation of AFE packages and supporting documentation.
• Prepare information for monthly and quarterly reviews, post-job evaluations, and other technical or management presentations.
• Prepare well and pad summaries, dashboards, and presentations covering operational progress, costs, and performance metrics.
• Build and improve tools, dashboards, and workflows that reduce manual work and strengthen data quality and analysis.
• Respond to data and analysis requests and collaborate across disciplines to support development planning and execution.
• Accountability: Takes ownership of work, follows through on commitments, and raises issues early.
• Analytical thinking: Identifies trends, investigates discrepancies, and turns data into useful information.
• Communication: Communicates clearly with engineers, field personnel, vendors, and other internal teams.
• Collaboration: Builds productive working relationships and supports shared priorities.
• Initiative: Recognizes gaps and improves processes with limited direction.
• Adaptability: Manages changing priorities and learns unfamiliar operations, systems, and tools.

Skills

Excel

Analytical thinking

Data analysis

Attention to detail

Independent work

Education

Engineering/Science/Math degree

Tools

Power BI

SQL

Python

Tableau/Spotfire

WellView

Job description

Summary

The Drilling and Completions Analyst / Technician will support the drilling and completions teams through data management, operational reporting, cost tracking, and analysis. This position will work closely with engineers, field personnel, service providers, and accounting to maintain accurate information, monitor performance, and improve workflows across both disciplines.

The ideal candidate is organized, analytical, and comfortable taking ownership of both recurring reporting and new projects in a lean operating environment. Candidates may bring experience in technical analysis, engineering, drilling or completions operations, or oilfield services. Responsibilities and level of independence will reflect the selected candidate’s experience and capabilities.

Key Responsibilities

• Maintain and update field cost estimates in WellView, working with engineers and field personnel to ensure costs are captured accurately and promptly.
• Coordinate with accounting and vendors to reconcile cost information, organize invoices and supporting reports, and support timely cost reporting.
• Track costs against AFEs and forecasts, monitor operational results against targets, and help explain variances.
• Assist engineers with preparation of AFE packages and supporting documentation.
• Prepare information for monthly and quarterly reviews, post-job evaluations, and other technical or management presentations.
• Prepare well and pad summaries, dashboards, and presentations covering operational progress, costs, and performance metrics.
• Build and improve tools, dashboards, and workflows that reduce manual work and strengthen data quality and analysis.
• Respond to data and analysis requests and collaborate across disciplines to support development planning and execution.
• Accountability: Takes ownership of work, follows through on commitments, and raises issues early.
• Analytical thinking: Identifies trends, investigates discrepancies, and turns data into useful information.
• Communication: Communicates clearly with engineers, field personnel, vendors, and other internal teams.
• Collaboration: Builds productive working relationships and supports shared priorities.
• Initiative: Recognizes gaps and improves processes with limited direction.
• Adaptability: Manages changing priorities and learns unfamiliar operations, systems, and tools.

Required Qualifications

• A degree in engineering, science, mathematics, data analytics, a related discipline, or equivalent relevant industry experience.
• Proficiency in Microsoft Excel and working knowledge of PowerPoint and other Microsoft Office applications.
• Strong analytical and problem-solving skills, with attention to data accuracy and detail.
• Strong organizational skills and the ability to manage recurring deadlines alongside changing priorities.
• Ability to work independently and collaboratively in a lean team environment.
• Willingness to take ownership of routine data maintenance, documentation, and reporting while supporting broader technical projects.

Preferred Qualifications

• Familiarity with WellView or similar well operations and reporting systems.
• Experience with Power BI, Spotfire, Tableau, or similar visualization tools.
• Experience with Python, SQL, or other tools used to automate data processing and reporting.
• Experience with AFE preparation, cost tracking, invoice reconciliation, vendor pricing, or operational performance analysis.
• Experience working with engineering teams, field personnel, accounting, or oilfield service providers.

Physical Requirements (with or without reasonable accommodation)

• This position is primarily sedentary, with regular requirements to communicate verbally and listen. The employee will frequently need to stand, walk, handle objects with their hands, and reach with their arms.
• Close visual acuity is required to view a computer screen, read, transcribe, and analyze data.
• Occasional lifting of up to 25 pounds may be necessary.
• Sufficient manual dexterity is needed to operate a computer keyboard and related equipment.
• Annual Bonus Eligibility
• 100% Employer covered health insurance premiums.
• 401K with 4% employer match

About Us

Formentera Operations LLC is the operator for Formentera Partners, which is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins.

Formentera is intentional and deliberate in cultivating our culture. We seek people who are not only exceptional within their own skills and aptitudes, but who also care deeply about supporting each other’s growth and embracing the value that diverse teams, ideas and opinions create. Operating with integrity and treating each other well at all times are foundational pillars at Formentera.

Formentera provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, protected veteran status, disability or any other characteristics protected by federal, state, or local law where we employ. Formentera will not tolerate discrimination or harassment based on any of these characteristics.

Notice to Third Party Agencies

Please note that Formentera does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Formentera will not consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Formentera explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring manager(s), are deemed to be property of Formentera.

NOTE: Formentera is not able to consider candidates requiring Visa sponsorship at this time.