Lead Reservoir Engineer

Placements24; Waukee (IA); Hybrid; USD 61,000 - 121,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation

Comprehensive benefits

Job summary

Placements24 is seeking a Lead Reservoir Engineer for a major Oil & Gas client in Paarl, Western Cape. The hybrid role combines on-site collaboration with remote work flexibility, focusing on reservoir studies, depletion strategies, and optimizing hydrocarbon recovery.

The ideal candidate holds a Master’s in Petroleum Engineering with 10+ years of experience, strong leadership, and expertise in reservoir simulation, reserves estimation, and forecasting. Mentorship of junior engineers is expected.

Qualifications

• Master’s degree in Petroleum Engineering or related field.
• Minimum 10 years of progressive reservoir engineering experience.
• Extensive experience with reservoir simulation software (ECLIPSE, CMG, INTERSECT).
• Proven reserves estimation and SPE-PRMS reporting experience.
• Strong leadership and project management abilities.

Responsibilities

• Lead the planning, execution, and interpretation of reservoir studies.
• Develop integrated reservoir management and depletion plans.
• Oversee advanced reservoir simulation model development.
• Perform volumetric calculations, reserves estimation, and forecasting.
• Provide technical guidance to junior engineers.
• Collaborate with geoscientists, production engineers, and management.
• Present reports and recommendations to senior management.
• Ensure compliance with industry standards in reservoir management.

Skills

Leadership

Analytical thinking

Communication skills

Project management

Mentorship

Team collaboration

Education

Master's degree in Petroleum Engineering

Tools

ECLIPSE

CMG

INTERSECT

Job description

About the Role

Our client, a significant entity in the Oil & Gas sector, is seeking an experienced Lead Reservoir Engineer to join their team based in Paarl, Western Cape . This hybrid role offers a combination of on-site collaboration and remote work flexibility. As the Lead Reservoir Engineer, you will be responsible for managing reservoir studies, developing depletion strategies, and optimizing hydrocarbon recovery from company assets. This position requires strong technical leadership, excellent analytical skills, and a proven ability to manage complex projects and mentor junior engineers. You will play a critical role in evaluating potential reserves, forecasting production, and recommending development and enhancement projects. Your expertise will directly influence strategic decisions regarding asset development and value maximization. A deep understanding of reservoir simulation, data analysis, and economic evaluation is essential. We are looking for a seasoned professional to drive innovation and excellence in reservoir management.

Key Responsibilities

• Lead the planning, execution, and interpretation of reservoir engineering studies.
• Develop and implement integrated reservoir management and depletion plans.
• Oversee the development and application of advanced reservoir simulation models.
• Perform volumetric calculations, reserves estimation, and production forecasting.
• Identify and evaluate opportunities for enhanced oil recovery (EOR) and production optimization.
• Conduct economic evaluations of development and investment opportunities.
• Provide technical guidance and mentorship to junior reservoir engineers.
• Collaborate effectively with geoscientists, production engineers, and management.
• Ensure compliance with industry standards and best practices in reservoir management.
• Prepare and present technical reports and recommendations to senior management.

Requirements

• Master's degree in Petroleum Engineering or a related discipline.
• Minimum of 10 years of progressive experience in reservoir engineering within the Oil & Gas industry.
• Extensive experience with reservoir simulation software (e.g., ECLIPSE, CMG, INTERSECT).
• Strong background in reservoir characterization, fluid properties, and performance analysis.
• Proven experience in reserves estimation and reporting (e.g., SPE-PRMS).
• Demonstrated leadership experience and project management skills.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication, presentation, and interpersonal skills.
• Ability to work effectively in a hybrid work environment, fostering collaboration.
• Experience with advanced analytics and machine learning applications in reservoir engineering is a plus.

Benefits

Our client offers a highly competitive salary, attractive bonus structure, and a comprehensive benefits package, including top-tier medical, retirement, and life insurance plans. We are committed to fostering professional growth through continuous learning, advanced training programs, and opportunities to lead impactful projects. The hybrid work model provides flexibility and supports a healthy work-life balance. You will join a dynamic and experienced team within a company recognized for its operational excellence and commitment to innovation. Opportunities for career advancement are substantial.