Reservoir Engineer

Permian Resources Corporation; Midland, Northern (TX, KY); Hybrid; USD 110,000 - 170,000; Full time

Job summary

Permian Resources Corporation in Midland, Texas, seeks a Reservoir Engineer to join a multidisciplinary team and support development plans across Delaware Basin assets.

Responsibilities include economic analysis using rate transient analysis, decline curves, material balance and volumetrics; evaluate well spacing and completion practices; provide forecasts and assist in reserves updates; collaborate with Finance and other teams.

Qualifications

• Bachelor of Science in Engineering and 3+ years of oil and gas experience.
• Strong economic analysis skills and proficiency with reservoir engineering tools.
• Experience with unconventional resource plays and cross-functional teams.

Responsibilities

• Provide reservoir engineering support for projects and economic analyses.
• Perform rate transient analysis, decline curve analysis, and volumetrics.
• Analyze well spacing and completion/production practices to maximize value.
• Collaborate with multidisciplinary teams and support reserves updates and acquisitions.

Skills

Reservoir engineering

Economic analysis

Rate transient analysis

Decline curve analysis

Material balance

Volumetrics

Communication skills

Team collaboration

Education

BS in Engineering

Tools

ComboCurve

Excel

Spotfire

Microsoft Office

RTA (Whitson+)

Job description

## Reservoir EngineerApply: Midland, Texas: Full time: Posted 2 Days Ago: R-100391**Job Description:**Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer reporting to the Reservoir Engineering Manager in Midland, Texas. This position will be responsible for providing reservoir engineering support for a variety of projects (as detailed below). The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working on a multi-disciplinary team. There is flexibility with the level and title of this role depending on the candidate’s skillset, qualifications and capabilities. **General Responsibilities*** Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR’s Delaware Basin Assets* Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.* Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon* Collaborate with team to analyze completion and production practices that optimize value across acreage position* Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells* Support Reserves Manager in analysis of quarterly and year-end reserves updates.* Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy* Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly* Other duties as assigned **Minimum Qualifications*** BS in Engineering* 3+ years of oil and gas engineering experience with a training program complete* Proficiency in ComboCurve, Excel, Spotfire and Microsoft Office* Must have relevant reservoir engineering experience with unconventional resource plays* Must be self-motivated and capable of independently integrating within multi-disciplinary teams* Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization **Preferred Qualifications*** Operations experience (production, completions, drilling, etc.)* 1+ years of reservoir engineering experience* Working knowledge RTA (Whitson+ or equivalent).* Experience working the Delaware BasinPermian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.