Petroleum Engineer- Vice President

JPMorgan Chase; Houston (TX); On-site; USD 200,000 - 320,000; Full time

Job summary

JPMorgan Chase & Co. seeks a Petroleum Engineer (Vice President) in Houston to lead independent oil and gas reserve evaluations and economic analyses supporting lending decisions. You will collaborate with engineers, risk teams, and bankers to document results and communicate recommendations clearly.

The role requires a strong technical background in PRMS, economics, and Excel modeling, with the ability to work across teams and contribute to risk management in energy finance.

Qualifications

• Bachelor's degree in Engineering or related field.
• 3+ years of experience with an E&P operating company including reservoir engineering, operations, geology, major capital projects, and business development.
• Experience estimating oil and gas reserves and running economics.
• Understanding of PRMS reserve designations and deterministic reserve classification.
• Proficiency in standard oil and gas economic software (Aries, PHDWin).
• Advanced Excel modeling skills.
• Strong technical writing skills.

Responsibilities

• Perform independent, comprehensive oil and gas reserve and economic evaluations for loan requests and borrowing base reviews.
• Collaborate with Engineering Technicians, Risk teams, and bankers to build relationships focused on reserves evaluation as collateral.
• Document evaluation results in memorandums summarizing loan value, economics, key assumptions, downside risks, and asset quality.
• Apply established policies and seek guidance on complex issues from Senior Petroleum Engineers.
• Classify oil and gas reserves according to PRMS deterministic reserve categories.
• Utilize Aries and PHDWin for reserve and economic analyses.
• Develop and maintain Excel models to support reserve and economic evaluations.
• Communicate findings and recommendations through clear technical writing.

Skills

Oil & gas reserve estimation

Economics modeling

Technical writing

Advanced Excel

Reserves evaluation

PRMS knowledge

Deterministic reserve classification

Education

Bachelor's degree in Engineering

Tools

Aries

PHDWin

ComboCurve

Spotfire

Job description

Petroleum Engineer- Vice President

Houston, TX, United States

Job Information

• Job Identification 210757660
• Job Category Credit Risk
• Business Unit Commercial & Investment Bank
• Posting Date 06/24/2026, 02:19 PM
• Locations 712 Main St, Houston, TX, 77002, US
• Job Schedule Full time
• Job Shift Day

Job Description

Join J.P. Morgan and make a direct impact on the evaluation of oil and gas reserves that drive our lending decisions. As a Petroleum Engineer, you will leverage your technical expertise to assess energy assets and support business growth. This is your opportunity to collaborate with industry leaders, apply advanced engineering skills, and help shape the future of energy finance. You will work in a dynamic environment where your insights and recommendations matter. Be part of a team that values innovation, accuracy, and professional development.

As a Petroleum Engineer in the Reserves Evaluation team, you will independently conduct comprehensive oil and gas reserve and economic evaluations for customer loan requests and borrowing base reviews. You will collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships and ensure that evaluation results are clearly documented and communicated. Your work will help us make informed lending decisions and manage risk effectively.

Job Responsibilities

• Perform independent, comprehensive oil and gas reserve and economic evaluations for prospective and existing customer loan requests and borrowing base reviews
• Collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships focused on reserves evaluation as collateral
• Document evaluation results in memorandums that summarize recommended loan value, estimated economics, key assumptions, downside risks, and asset quality
• Apply established policies, practices, and procedures in reserves evaluation, seeking guidance from Senior Petroleum Engineers on complex issues
• Classify oil and gas reserves according to PRMS deterministic reserve categories
• Utilize standard economic software such as Aries and PHDWin for reserve and economic analysis
• Develop and maintain Excel models to support reserve and economic evaluations
• Communicate technical findings and recommendations through clear, concise technical writing

Required qualifications, capabilities, and skills

• Bachelor's degree in Engineering or a related field
• Minimum 3 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business development
• Experience estimating oil and gas reserves and running economics
• Understanding of PRMS reserve designations and deterministic reserve classification
• Proficiency in standard oil and gas economic software (Aries, PHDWin)
• Advanced Excel modeling skills
• Strong technical writing skills

Preferred qualifications, capabilities, and skills

• MS Degree or MBA highly preferred
• Experience with additional software such as ComboCurve or Spotfire
• Demonstrated ability to work independently and collaborate across teams
• Experience preparing memorandums for lending or risk management purposes
• Exposure to business development in the oil and gas sector
• Strong analytical and problem-solving skills

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs (https://careers.jpmorgan.com/us/en/how-we-hire/faqs) for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.