Reservoir Engineer – Asset Development

Crescent Energy Management LLC; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Crescent Energy is seeking a Reservoir Engineer to support asset development across its unconventional portfolio. You will focus on development planning, production forecasting, and performance evaluation to optimize capital efficiency and recovery.

The role requires collaboration across multidisciplinary teams, experience in ARIES and RTA tools, and the ability to integrate data-driven insights into development plans. Houston-based, on-site role.

Qualifications

• Proven team-first mentality with a track record of actively collaborating across disciplines
• Bachelor’s degree in Petroleum Engineering, Mechanical Engineering, or a related discipline
• 4 or more years of upstream operator experience, with a minimum of 2 years of dedicated reservoir engineering experience
• Experience in Unconventional Reservoirs
• Strong technical expertise and daily proficiency in ARIES for economic evaluation and decline curve analysis
• Proficiency in RTA software, specifically Whitson+
• Ability to leverage Generative AI tools for practical engineering problem-solving, data analysis, and workflow efficiency
• Strong analytical and problem-solving skills with the ability to work independently

Responsibilities

• Generate and maintain production forecasts, type curves, and development cases for assigned asset areas
• Evaluate well and reservoir performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when necessary
• Develop recommendations related to well spacing, landing zones, completion design, and production practices
• Perform project-level economic analyses for the purpose of AFEs and field development utilizing ARIES
• Lead integrated lookbacks that connect reservoir performance with drilling, completion, and operating outcomes
• Evaluate and report competitor results detailing interpreted strategies and how it relates to internal practices
• Work with the Finance team on budget and long-term forecasting, consistent with the Company’s development plan
• Partner with Land, Commercial, and Finance to advance opportunities — identifying and evaluating trades, swaps, and bolt-on transactions adding resource and extending inventory at attractive returns

Skills

Team collaboration

Analytical thinking

Independent work

Generative AI tooling

Education

Bachelor’s degree in Petroleum Engineering, Mechanical Engineering, or related discipline

Tools

ARIES

Whitson+

RTA software

Spotfire

Job description

Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines significant cash flow from stable production with a deep, high-quality development inventory. Crescent is a top three producer in the Eagle Ford basin and a scaled operator in each of the Permian and Uinta basins. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns. Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.

We are seeking a Reservoir Engineer to support asset development across our unconventional portfolio. This role will focus on development planning, production forecasting, and performance evaluation to optimize capital efficiency and recovery. The Reservoir Engineer collaborates across multidisciplinary teams to drive key business decisions on asset development. Success in this role means seeing how individual well results connect to the broader development plans, questioning established approaches where the data supports a better one, and helping the organization adapt as the portfolio grows. This role is expected to operate with a high degree of independence while maintaining a strong, team-first mentality, balancing day-to-day economic evaluations with comprehensive well performance analysis.

Key Responsibilities

• Generate and maintain production forecasts, type curves, and development cases for assigned asset areas
• Evaluate well and reservoir performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when necessary
• Develop recommendations related to well spacing, landing zones, completion design, and production practices
• Perform project-level economic analyses for the purpose of AFEs and field development utilizing ARIES
• Lead integrated lookbacks that connect reservoir performance with drilling, completion, and operating outcomes
• Evaluate and report competitor results detailing interpreted strategies and how it relates to internal practices
• Work with the Finance team on budget and long-term forecasting, consistent with the Company’s development plan
• Partner with Land, Commercial, and Finance to advance opportunities — identifying and evaluating trades, swaps, and bolt-on transactions adding resource and extending inventory at attractive returns

Required Qualifications

• Proven team-first mentality with a track record of actively collaborating across disciplines
• Bachelor’s degree in Petroleum Engineering, Mechanical Engineering, or a related discipline
• 4 or more years of upstream operator experience, with a minimum of 2 years of dedicated reservoir engineering experience
• Experience in Unconventional Reservoirs
• Strong technical expertise and daily proficiency in ARIES for economic evaluation and decline curve analysis
• Proficiency in RTA software, specifically Whitson+
• Ability to leverage Generative AI tools for practical engineering problem-solving, data analysis, and workflow efficiency
• Strong analytical and problem-solving skills with the ability to work independently

Preferred Qualifications

• Experience in the Eagle Ford, Permian, or Uinta basins
• Mix of reservoir, planning, or production operations
• Proficiency in Spotfire or other visualization tools, ability to navigate/modify existing scripts to build robust data visualizations

Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender/pregnancy, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process, please let us know by contacting [e-mail].

Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines significant cash flow from stable production with a deep, high-quality development inventory. Crescent is a top three producer in the Eagle Ford basin and a scaled operator in each of the Permian and Uinta basins. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns. Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.