Reservoir Engineer – Permian

Crescent Energy Management LLC; Houston (TX); On-site; USD 140,000 - 210,000; Full time

Job summary

Crescent Energy seeks a Reservoir Engineer to support asset development and portfolio growth across unconventional assets, initially focusing on West Texas/Permian Basin. This role applies reservoir engineering, economic analysis, and competitive intelligence to evaluate acreage, leasing, trade, development, and other growth opportunities.

You will work closely with Land, Geoscience, Investments, and asset leadership, delivering technically credible recommendations with incomplete information

Qualifications

• Bachelor’s degree in Petroleum Engineering, Mechanical Engineering, or related field.
• Typically 5–15 years of upstream experience with reservoir engineering fundamentals.
• Experience evaluating unconventional reservoirs via forecasting, decline, rate-transient analysis, analogs, and economics.
• Strong proficiency in ARIES for economic evaluation and decline-curve analysis.
• Proficiency with Whitson+ or comparable production-analysis and RTA software.
• Experience using Spotfire, PowerBI or similar analytical tools.
• Ability to develop clear, defensible recommendations from incomplete information.
• Strong communication skills and a team-first mindset.

Responsibilities

• Apply Crescent’s basin playbooks, forecast maps, type curves, and economic assumptions to assets under evaluation.
• Develop fit-for-purpose production forecasts and economic evaluations for acreage, trades, leasing, and development scenarios.
• Use analytical tools to assess well performance, inventory potential, development timing, costs, and sensitivities.
• Partner with Land, Geoscience, and Investments to identify and prioritize opportunities.
• Evaluate leases/trades for improvements in interest, lateral length, and asset value.
• Monitor competitor activity, well results, permits, and transactions for Crescent.
• Communicate assumptions, risks, and recommendations to technical and leadership audiences.
• Manage multiple evaluations with rigor and speed to support timely decisions.

Skills

Reservoir engineering

ARIES

Whitson+

RTA software

Spotfire

PowerBI

Communication skills

Team collaboration

Forecasting

Decline analysis

Education

Petroleum Engineering degree

Tools

Whitson+

Spotfire

PowerBI

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 and portfolio growth across our unconventional assets, with an initial focus on West Texas/Permian Basin. This role will apply reservoir engineering, economic analysis, and competitive intelligence to evaluate acreage, leasing, trade, development, and other growth opportunities. The Reservoir Engineer will work closely with Land, Geoscience, the Investment team, and asset leadership. The successful candidate will be a reservoir engineer first: technically credible, commercially minded, able to work quickly, and comfortable making practical recommendations with incomplete information.

Key Responsibilities

• Apply Crescent’s basin-level playbooks, forecast maps, type curves, subsurface interpretations, and economic assumptions to assets and opportunities under evaluation.
• Develop fit-for-purpose production forecasts and economic evaluations for acreage, trades, leasing opportunities, and development scenarios.
• Use ARIES, Whitson, Spotfire, public data, and other analytical tools to assess well performance, inventory potential, development timing, costs, and economic sensitivities.
• Partner with Land, Geoscience, and the Investment team to identify, screen, and prioritize acreage and portfolio-growth opportunities.
• Evaluate how potential leases and trades could improve working interest, lateral length, inventory quality, development efficiency, and overall asset value.
• Monitor competitor activity, well results, permits, transactions, acreage positions, and development strategies to identify implications and opportunities for Crescent.
• Clearly communicate assumptions, uncertainty, risks, sensitivities, and recommendations to technical, commercial, and leadership audiences.
• Manage multiple fast-moving evaluations while balancing analytical rigor with the speed required to support timely decisions.
• Build strong working relationships across the organization and contribute positively to the energy, trust, and camaraderie of the team.

Required Qualifications

• Bachelor’s degree in Petroleum Engineering, Mechanical Engineering, or a related discipline.
• Typically 5-15 years of relevant upstream experience, including a strong foundation in reservoir engineering. Capability, judgment, and technical credibility are more important than exact tenure.
• Experience evaluating unconventional reservoirs through production forecasting, decline analysis, rate-transient analysis, analogs, and economic evaluation.
• Strong proficiency in ARIES for economic evaluation and decline-curve analysis.
• Proficiency with Whitson+ or comparable production-analysis and RTA software.
• Experience using Spotfire, PowerBI or similar analytical and visualization tools.
• Ability to develop clear, defensible recommendations from incomplete or conflicting information.
• Strong communication skills and a proven team-first mentality.

Preferred Qualifications

• Permian Basin experience.
• Experience in other unconventional basins will also be considered.
• Experience supporting leasing, trades, acreage valuation, portfolio optimization, business development, or A&D evaluations.
• Experience working directly with Land, Geoscience, Investments, Finance, or corporate-development teams.
• Broad exposure to development planning, production operations, drilling, or completions.

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].