Planning & Reserves Engineer

The Energy People Group; Midland (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

The Energy People Group is seeking a highly motivated Reserves Engineer based in Midland, TX, to support the company’s Planning & Reserves function. The ideal candidate will have a Bachelor's degree and 5-10 years of experience in the Permian Basin.

This role requires strong analytical skills and knowledge of economic modeling and forecasting. Responsibilities include maintaining databases, preparing reserve forecasts, and improving planning processes.

Qualifications

• 5–10+ years of industry experience, preferably within the Permian Basin.
• Experience with reserve forecasting and bookings, decline curve analysis.
• Familiarity with SEC reserve reporting processes preferred.

Responsibilities

• Maintain and support the company’s reserves and planning databases.
• Prepare and maintain reserve forecasts and corporate production forecasts.
• Support annual budgeting and long-range planning across the asset base.

Skills

Analytical skills

Organizational skills

Cross-functional collaboration

Experience with ARIES

Experience with PHDwin

Expertise in economic modeling

Education

Bachelor’s degree in Petroleum Engineering or related discipline

Tools

Microsoft Access

Excel

Job description

Planning & Reserves Engineer

Midland, TX

Position Summary

Our client is seeking a highly motivated Reserves Engineer to support the company’s Planning & Reserves function, reporting directly to the VP of Planning & Reserves. This role will play a critical part in maintaining the integrity of the company’s reserves, forecasting, and long-range development planning processes across the company’s asset base.

The ideal candidate is a technically strong and highly organized engineer who can operate independently, manage large datasets and forecasting workflows, and contribute meaningfully to cross-functional business planning discussions. This role requires an individual who understands how reserves, forecasting, operations, development planning, and financial considerations intersect to drive enterprise decision-making.

Key Responsibilities

• Maintain and support the company’s reserves and planning databases, ensuring accuracy, consistency, and auditability
• Prepare and maintain PDP, PUD, probable, and possible reserve forecasts, corporate production forecasts, and long-range development forecasts
• Develop, update, and maintain LOE (Lease Operating Expense) models within the reserves database to support forecasting and economic evaluations
• Maintain and track development inventory, including inventory ranking, development timing, and progression of locations through the planning lifecycle
• Support annual and mid-year reserve processes, including coordination with third-party reserve engineers and internal functional groups
• Perform decline curve analysis, forecasting, and economic modeling to support reserve bookings, development planning, and capital allocation decisions
• Support annual budgeting, long-range planning, and forecast reconciliation processes across the asset base
• Perform forecast-to-actual performance analysis to improve forecasting accuracy and reserve confidence
• Conduct scenario modeling and sensitivity analysis in conjunction with FP&A team to support strategic planning and capital allocation decisions
• Maintain and improve reserves workflows, forecasting methodologies, and data quality processes
• Partner cross-functionally with Reservoir Engineering, Geoscience, Drilling & Completions, Production Operations, Accounting & Finance, and Commercial / Marketing teams
• Assist with preparation of materials for bank presentations, investor materials, and internal management reporting
• Identify inefficiencies within planning and reserves workflows and proactively recommend improvements
• Support integrity and consistency of planning and reserves data across evolving business systems and data platforms
• Support ongoing data warehouse and systems integration initiatives related to planning and reserves data

Qualifications

• Bachelor’s degree in Petroleum Engineering or related engineering discipline
• Approximately 5–10+ years of industry experience, preferably within the Permian Basin
• Strong working knowledge of ARIES, PHDwin, Microsoft Access, and Excel
• Experience with reserve forecasting and bookings, decline curve analysis, economic modeling, and long-range planning
• Familiarity with SEC reserve reporting processes preferred
• Experience supporting both Midland Basin and Delaware Basin assets preferred
• Experience with data management, systems integration, or analytics tools is beneficial

What We’re Looking For

• Self-starter capable of operating with minimal oversight
• Strong analytical and organizational skills
• High level of ownership and accountability
• Ability to manage complex datasets and forecasting workflows with accuracy and attention to detail
• Cross-functional mindset with understanding of how planning decisions impact the broader business
• Strong communication skills with ability to explain technical concepts clearly
• Comfortable working in a fast-paced, evolving organization with changing priorities

Success in This Role

• Demonstrate strong ownership of the company’s reserves and planning workflows
• Deliver accurate and reliable forecasts that support development and financial planning
• Integrate effectively with cross-functional teams across the organization
• Improve efficiency and consistency within existing planning and reserves processesProvide meaningful support during reserve processes and strategic evaluations
• Build strong working relationships with technical, operational, and financial teams