Procurement Lead (Hybrid)

Vault 4401; Denver (CO); On-site; USD 100,000 - 140,000; Full time

Benefits offered by this job

Competitive salary

401(k) plans

Health & dental

Paid time off

HSAs & FSAs

Parental Leave

Job summary

Vault 44.01 seeks an experienced Procurement Lead to establish and manage procurement and contracting across drilling, completions, facilities and operations. You will drive cost control, supplier performance and schedule adherence as we move into capital project execution and operations.

As a key member of the Operations team, you will develop procurement strategies, manage vendor relationships, and implement processes that support scalable, efficient operations while ensuring compliance with

Qualifications

• 10 years of procurement experience in oil & gas, energy, or infrastructure projects.
• Direct experience supporting drilling, completions, and/or facilities construction.
• Knowledge of oilfield services, equipment supply chains, and contracting models.
• Experience managing competitive bid processes and negotiating contracts.
• Familiarity with long-lead equipment procurement (e.g., compressors, process equipment).
• Ability to operate in a small, fast-paced, evolving organization.
• Strong commercial acumen, analytical skills, and attention to detail.
• Excellent stakeholder management and communication skills.
• Post-secondary education in business, supply chain, engineering, or related field.

Responsibilities

• Collaborate with projects and operations to define procurement requirements and lead procurement activities for drilling, completions, facilities and operations
• Develop and executes sourcing strategies aligned with project schedules and budgets
• Manage competitive bidding processes (RFPs/RFQs), bid evaluations, and contract negotiations
• Identify and secure long-lead items, ensuring timely delivery and supply chain reliability
• Establish and maintain preferred supplier lists and vendor qualification processes
• Negotiate commercial terms and manage contracts to mitigate risk and optimize value
• Track procurement budgets, commitments, and cost savings initiatives
• Implement procurement policies, systems, and controls for a growing organization
• Monitors supplier performance, delivery, and quality, resolving issues as needed
• Ensure compliance with regulatory, HSE, and company standards

Skills

Procurement experience

Oil & gas industry knowledge

Drilling & completions support

Bid processes & contracting

Long-lead equipment procurement

Stakeholder management

Analytical skills

Commercial acumen

Attention to detail

Cross-functional collaboration

Education

Business degree

Supply chain education

Engineering background

Job description

AboutUs:

Vault 44.01 (“Vault”) is a leading carbon capture & storage (“CCS”) developer focused on the development, capitalization, and operation of carbon storage assets throughout North America. Vault’s team brings over 90 years of direct carbon storage experience, with involvement in the development of carbon storage projects across North America since 2007.

Vault’s capabilities span technical analysis, project design, permitting, stakeholder engagement, land leasing and acquisition, facility construction, and operations. In collaboration with our industrial partners, we are currently developing CCS projects in the US Midwest, US Southeast, and Canada, focusing on single CO2 source, near-site sequestration projects and including 7 projects currently under contract.

Vault has secured a US$300 million equity capital commitment from Grey Rock Investment Partners (Dallas, TX based private equity company) and has offices in Denver, CO and Calgary, AB.

Summary:

• Start Date: Q4 2026
• Location:DenverorUSMidwestpreferred
• Reportingto:ChiefOperatingOfficer(COO)
• EmployeeType:FullTime
• TravelRequired:Potentialfortravelduringfieldactivity.

Opportunity:

Vault is seeking an experienced and hands-on Procurement Lead to establish and manage procurement and contracting activities across our projects including drilling, completions, facilities and operations. This role will be critical in ensuring cost control, supplier performance, and schedule adherence as we move into capital project execution and operations. As a key member of the Operations team, the Procurement Lead will develop procurement strategies, manage vendor relationships, and implement processes that support efficient and scalable operations.

DescriptionofRole:

• Collaboratewithprojectsandoperationstodefineprocurementrequirementsandleadprocurementactivitiesfordrilling,completions,facilitiesandoperations
• Developandexecutesourcingstrategiesalignedwithprojectschedulesandbudgets
• Managecompetitivebiddingprocesses(RFPs/RFQs),bidevaluations,andcontractnegotiations
• Identifyandsecurelong-leaditems,ensuringtimelydeliveryandsupplychainreliability
• Establishandmaintainpreferredsupplierlistsandvendorqualificationprocesses
• Negotiatecommercialtermsandmanagecontractstomitigateriskandoptimizevalue
• Trackprocurementbudgets,commitments,andcostsavingsinitiatives
• Implementprocurementpolicies,systems,andcontrolsappropriateforagrowingorganization
• Monitorsupplierperformance,delivery,andquality,resolvingissuesasneeded
• Ensurecompliancewithregulatory,HSE,andcompanystandards

SkillsandQualifications:

• 10yearsofprocurementexperienceinoil&gas,energy,orinfrastructureprojects
• Directexperiencesupportingdrillingandcompletionsprogramsand/orfacilitiesconstruction
• Strongknowledgeofoilfieldservices,equipmentsupplychains,andcontractingmodels
• Provenexperiencemanagingcompetitivebidprocessesandnegotiatingcontracts
• Familiaritywithlong-leadequipmentprocurement(e.g.,compressors,processequipment)
• Abilitytooperateeffectivelyinasmall,fast-paced,andevolvingorganization
• Strongcommercialacumen,analyticalskills,andattentiontodetail
• Excellentstakeholdermanagementandcommunicationskills
• Post-secondaryeducationinbusiness,supplychain,engineering,orarelatedfield

EmploymentandWagedetails:

• MustbeabletolegallyworkintheUnitedStatesofAmerica
• Traveltooperatingfacilitiesmayberequired.
• Therolefrequentlyoperatesinfieldofficeenvironments,oftenlocatednearindustrialfacilities.
• The role requires on-call availability for incident response and may involve exposure to hazardous environments, requiring the use of personal protective equipment (PPE).
• Annualsalaryrangeis$100,000-$140,000
• Potentialforannualbonus
• Participation in Vault’s long-term incentive program

Benefits:

Weofferacomprehensivebenefitspackage,includingcompetitivesalaries,healthanddentalcoverage,retirementplans,andgenerouspaidtimeofftosupportyourwork-lifebalance.

• Competitivesalary
• 401kplans
• Healthanddental
• Paidtimeoffandpaidholidays
• HealthSavingsAccounts(HSAs)&FlexibleSpendingAccounts(FSAs)forhealthanddependentcare
• PaidParentalLeave(maternity&paternity)

Vaultisanequalopportunityemployer,diversityandinclusionareimportanttous.Wearecommittedtoprovidingemploymentopportunitiestoallqualifiedindividuals.Finalcandidatesforthispositionmayberequiredtoundergoasecurityscreening,includingacriminalrecordscheck.

Onlythoseindividualsselectedforaninterviewwillbecontacted.