OBO Reservoir Engineer: Asset Economics & JV Eval

Verdun Oil Company; Houston (TX); On-site; USD 100,000 - 130,000; Full time

Job summary

A leading oil and gas company in Texas seeks a Reservoir Engineer responsible for evaluating capital projects and managing reserve determinations. The ideal candidate will have a Bachelor's degree in Petroleum Engineering, 3-7 years of experience, and strong skills in reservoir modeling and economic analysis. Responsibilities include working with multi-disciplinary teams and liaising with outside operators to protect company interests. This position demands proficiency in Aries, Excel, and data management tools, combined with a solid understanding of oil and gas operations.

Qualifications

• Bachelor’s degree in Petroleum Engineering or related field.
• 3-7 years of relevant reservoir engineering experience.
• Strong understanding of asset evaluation processes.

Responsibilities

• Responsible for reserve determinations and economic evaluations.
• Ensure reservoir models are realistic and data-supported.
• Participate in new opportunity assessment projects.
• Prepare and present value recommendations for properties.

Skills

Oil and gas company operations

Economic evaluations

Mathematical calculations

Data analysis

Reservoir modeling

Midstream contract understanding

Education

Bachelor's degree in Petroleum Engineering

3-7 years of reservoir engineering experience

Tools

Aries

Excel

VBA

SQL

DCA software (Q Engineering, ComboCurve)

Power BI

Job description

A leading oil and gas company in Texas seeks a Reservoir Engineer responsible for evaluating capital projects and managing reserve determinations. The ideal candidate will have a Bachelor's degree in Petroleum Engineering, 3-7 years of experience, and strong skills in reservoir modeling and economic analysis. Responsibilities include working with multi-disciplinary teams and liaising with outside operators to protect company interests. This position demands proficiency in Aries, Excel, and data management tools, combined with a solid understanding of oil and gas operations.