Reservoir & Production Development Engineer (Hybrid)

Pennhills Resources, LLC; State College (Centre County); Hybrid; USD 90,000 - 150,000; Full time

Job summary

Pennhills Resources is seeking a Development Engineer – Reservoir & Production to identify and execute development and production optimization opportunities across our growing asset base. The ideal candidate will have 3–5 years of upstream oil & gas experience, a strong engineering background, and hands-on field/operations experience.

This role combines reservoir analysis, economic evaluation, production data analysis, and field operations while working closely with geology, land, drilling,

Qualifications

• Bachelor’s degree in petroleum engineering, or related engineering 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.
• Ability to translate technical analysis into practical business recommendations.
• 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.
• Partner with field operations to optimize production and asset performance.
• Evaluate opportunities involving artificial lift, pressure and drawdown management, compression, workovers, wellhead/flowline constraints, and facility optimization.
• Analyze production underperformance and identify root causes and corrective actions.
• Evaluate inactive wells and recommend whether to reactivate, work over, leave shut-in, or plug and abandon based on economic return, risk, and strategic value.
• Work directly with field personnel to identify and implement practical production improvements.
• Build technical and economic evaluations for drilling, workovers, production optimization projects, and acquisitions.
• Support acquisition and divestiture due diligence by evaluating production, reserves, decline trends, operating costs, development upside, and technical risks.
• Work with finance to incorporate engineering assumptions into budgets, forecasts, and investment models.
• Evaluate projects using metrics such as IRR, NPV, payback, reserves, production, and capital efficiency.
• Monitor project performance against original underwriting assumptions.
• Serve as a technical bridge between engineering, geology, land, operations, finance, and management.
• Present technical findings and recommendations clearly to both technical and non-technical audiences.
• Help prioritize capital and development opportunities across Pennhills’ asset base.

Skills

Reservoir fundamentals

3-5 years exp

Field operations

Excel

Analytical skills

Business recommendations

US work authorization

Education

Bachelor's degree in petroleum engineering, or related engineering

Tools

ARIES

PHDwin

ComboCurve

Enverus

Spotfire

Job description

Pennhills Resources is seeking a Development Engineer – Reservoir & Production to identify and execute development and production optimization opportunities across our growing asset base. The ideal candidate will have 3–5 years of upstream oil & gas experience, a strong engineering background, and hands-on field/operations experience.

This role combines reservoir analysis, economic evaluation, production data analysis, and field operations while working closely with geology, land, drilling,