Reservoir Engineer

ascentresources; Oklahoma City (OK); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Benefits start day one

Generous 401(k) matching 10% + 3% non‑

PTO based on experience

Tuition assistance

Job summary

Ascent Resources is seeking an experienced Reservoir Engineer in Oklahoma City. The role reports to the Manager – Reservoir Engineering and focuses on assessing oil and gas deposits, estimating reservoir size, and determining reserves using modeling and calculations to guide development planning.

Primary duties include assisting asset teams, conducting evaluations, completing quarterly reserves per SPEE/SEC, and leading asset evaluations for A&D opportunities while ensuring policy compliance and

Qualifications

• Bachelor of Science in Petroleum Engineering or related discipline.
• Minimum 5+ years related experience; 3+ years reservoir engineering preferred.
• Knowledge of SEC and SPEE reserve reporting guidelines and their application.
• Proficiency in ARIES; familiarity with Harmony/Whitson.

Responsibilities

• Assist asset teams in efficient and timely development of inventory.
• Conduct technical evaluations to identify improvement opportunities.
• Complete quarterly reserves evaluation per SPEE and SEC requirements.
• Perform and lead asset evaluations for A&D opportunities.
• Maintains compliance with all company policies and procedures.

Skills

Reservoir Eng

Unconventional economics

Production type curves

PVT behavior

Rate-transient analysis

Analytical modeling

SEC/SPEE guidelines

ARIES

Harmony/Whitson

Microsoft Office

Education

Bachelor's in Petroleum Eng

5+ years experience

PE License

Master's degree

Tools

ARIES

Harmony

Whitson

Job description

Ascent Resources is seeking an experienced Reservoir Engineer.

This position is located in Oklahoma City, OK and will report to the Manager – Reservoir Engineering.

This position assesses oil and gas deposits, estimates the size of a reservoir, and determines how much oil and gas reserves are in the reservoir. The Reservoir Engineer runs models and performs calculations as well as assists in business and development planning to add value to the company.

Primary Duties & Responsibilities

• Assists the asset teams in efficient and timely development of inventory
• Conducts technical evaluations to identify improvement opportunities
• Completes quarterly reserves evaluation for the asset in accordance with defined SPEE and SEC requirements
• Performs and leads asset evaluations for A&D opportunities
• Performs related duties as assigned by supervisor
• Maintains compliance with all company policies and procedures

Knowledge, Skills & Abilities

Minimum Requirements:

• Proficient in all areas of Reservoir Engineering with foundational knowledge of operations, marketing, land, and geology
• Experience with unconventional/resource play economics, production type curve analysis, PVT behavior, rate-transient analysis, and analytical modeling
• Knowledge of SEC and SPEE reserve reporting guidelines and their application
• Strong working knowledge of industry economic software-preferably ARIES
• Experience with Harmony and/or Whitson software suites

Preferred:

• Ability to manage multiple tasks and efficiently prioritize work to meet deadlines
• Ability to proficiently utilize technical and administrative personnel resources
• Ability to work independently and accomplish tasks with minimal supervision
• Outstanding verbal and written communication skills as well as presentation skills
• Proficiency in Microsoft Office Suite

Education & Work Experience Required

Minimum Requirements:

• Bachelor of Science degree in Petroleum Engineering or related engineering discipline
• 5+ years related work experience, 3+ years reservoir engineering experience preferred

Preferred:

• Master’s degree or PE License

Ascent Benefits

• Benefits start day one
• Generous 401(k) company matching program – 10% company matching 401(k) dollar for dollar, plus 3% non-elective 401(k) contribution
• PTO based on industry or job-related experience
• Tuition assistance after 1 year
• Half-day WFH Fridays
• Twelve paid holidays
• Many volunteer opportunities
• On-site gym and yoga studio

Ascent Resources provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Ascent complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.