Reservoir & Production Development Engineer (Hybrid)

Pennhills Resources, LLC; State College (Centre County); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

Flexible Spending Account/ Health SAV

Life Insurance

Short-Term Disability

401K Roth

Paid Time Off

Job summary

Pennhills Resources, LLC seeks a full-time Development Engineer – Reservoir & Production to identify and execute development and production optimization opportunities across our growing asset base. The ideal candidate has 3–5 years of upstream oil & gas experience and hands-on field/operations exposure.

Based in State College, PA with travel to Kane, PA, the role offers hybrid/remote flexibility, about 85% office and 15% field work, including field visits across Pennhills' operating areas.

Qualifications

• Bachelor’s degree in petroleum engineering or related discipline.
• 3–5 years of upstream oil & gas engineering experience.
• Strong reservoir engineering fundamentals including DCA, production forecasting, reserves, and EUR estimation.
• Experience evaluating development, drilling, recompletion, or workover opportunities.
• Meaningful exposure to production operations and field optimization.
• Strong Excel, analytical and problem-solving skills.
• Must be a U.S. citizen, national, permanent resident, or otherwise authorized to work in the United States

Responsibilities

• Evaluate producing and undeveloped assets to identify drilling, recompletion, workover, and other development opportunities.
• Perform decline curve analysis, production forecasting, EUR estimation, reserve evaluations, and type-curve development.
• Generate and mature development prospects in coordination with geology, land, drilling, and operations.
• Develop multi-year development plans and rank opportunities based on production, reserves, capital requirements, risk, and economic return.
• Develop technical assumptions for new projects, including IP, decline parameters, EUR, production profiles, CAPEX, and LOE.
• Track actual well performance against forecasts and incorporate lessons learned into future development plans.
• Develop cost-effective reservoir monitoring and surveillance programs. May include acquiring and analyzing data to define characterization including decline curve analysis and PTA.
• Work cross-functionally to maintain long term budget forecasts and update type curve and expense forecasts regularly.

Skills

Reservoir engineering fundamentals

DCA

Production forecasting

Reserves estimation

Excel

Analytical skills

US work authorization

Education

BSc in Petroleum Engineering

Tools

ARIES

PHDwin

ComboCurve

Enverus

Spotfire

Job description

Pennhills Resources, LLC seeks a full-time Development Engineer – Reservoir & Production to identify and execute development and production optimization opportunities across our growing asset base. The ideal candidate has 3–5 years of upstream oil & gas experience and hands-on field/operations exposure.

Based in State College, PA with travel to Kane, PA, the role offers hybrid/remote flexibility, about 85% office and 15% field work, including field visits across Pennhills' operating areas.