Senior Reservoir Engineer

Devon Energy; Pittsburgh (Allegheny County); On-site; USD 180,000 - 240,000; Full time

Job summary

Devon Energy is seeking a Senior Reservoir Engineer to drive inventory growth across the Appalachian Basin. This role focuses on identifying, evaluating, and maturing opportunities that expand Devon's inventory position through acquisitions, joint ventures and leasing.

The successful candidate will combine reservoir engineering expertise, commercial acumen, and data-driven decision making to influence capital allocation and growth strategy across Devon's Marcellus Business Unit.

Qualifications

• Experience evaluating acquisitions, divestitures, acreage trades, joint ventures, and large-scale transactions.
• Experience leading field development plans, well spacing optimization, and completion design decisions.
• Strong understanding of upstream valuation methodologies and asset transaction processes.

Responsibilities

• Identify and evaluate acquisition, leasing, and joint venture opportunities to expand Appalachian inventory.
• Lead multidisciplinary evaluations with geoscience, operations, and land teams.
• Develop field development plans and well spacing strategies to maximize asset value.
• Perform economic analyses using Excel, ARIES, ComboCurve, and AI tools.
• Mentor and develop junior engineers.
• Provide executive-level technical and economic narratives for decisions.

Skills

Acquisitions

Joint ventures

Valuation

Capital allocation

Data-driven decisions

Leadership

Independent work

Team mentorship

Education

Bachelor's degree in Petroleum Engineering

MS Finance or MBA preferred

Tools

ARIES

ComboCurve

Excel

Spotfire

Whitson+

Job description

At Devon, we will offer you a career full of energy and unmatched opportunities to solve today's greatest challenges. Innovation, creative problem-solving and positive change happen when people step out of their comfort zone and think differently. Our values, workplace practices, wellness programs, benefits and compensation are aimed at helping employees manage their unique personal life and care for their families so they can focus on contributing to the fullest.

Devon Energy is hiring a Senior Reservoir Engineer in Pittsburgh

Job Profile Summary:

Devon Energy is seeking a Senior Reservoir Engineer to drive inventory growth across the Appalachian Basin. This role will focus on identifying, evaluating, and maturing opportunities that expand Devon's inventory position through acquisitions, joint ventures and leasing. In addition, this role will lead technical and economical evaluations supporting drilling, completion, spacing, and field development decisions across Devon's existing assets.

The successful candidate will combine reservoir engineering expertise, commercial acumen, and data-driven decision making to influence capital allocation and growth strategy across the Appalachian Basin. This is a highly visible role with direct exposure to senior leadership and significant opportunity to influence the scale, inventory depth, and long-term direction of Devon's Marcellus Business Unit.

We are looking for a highly independent engineer who thrives in ambiguous environments, proactively identifies opportunities, challenges conventional thinking, and drives initiatives from concept through executive recommendation with minimal supervision.

This position is based on site at our Marcellus Business Unit office in Pittsburgh, Pennsylvania.

Essential Duties and Responsibilities:

• Proactively identify, evaluate, and champion acquisition, leasing, and joint venture opportunities capable of materially expanding Devon's Appalachian inventory position
• Lead multidisciplinary evaluations with geoscience, operations, and land teams supporting acquisition opportunities and field development plans
• Develop and recommend field development plans, well spacing strategies and completion designs to maximize long-term asset value
• Conduct well performance analysis, pressure interpretation, volumetric calculations, recovery method assessments, and production decline curve evaluations
• Perform economic analysis of field development programs and acquisition and leasing opportunities using Excel, ARIES, ComboCurve and AI tools
• Gather, organize, and interpret large datasets to define reservoir characteristics and generate technically grounded well performance predictions
• Evaluate Lease Operating Expenses (LOE) and operational costs for accuracy and alignment with asset performance
• Lead special projects as needed, including advanced reservoir characterization and generation of various basin-wide well performance models
• Create decision-ready technical and economic narratives that enable rapid executive decision-making
• Maintain a basin-wide perspective on operator activity, valuation trends, acreage availability, and emerging development opportunities across the Appalachian Basin
• Mentor and develop junior engineers

Skills and Experience:

• Proven success supporting acquisitions, divestitures, acreage trades, joint ventures, and large-scale strategic transactions
• Demonstrated experience leading field development plans, optimizing well spacing and completion designs, and making capital allocation recommendations
• Strong understanding of upstream valuation methodologies and asset transaction processes
• Advanced use of ARIES, Spotfire, ComboCurve, Whitson+ and Excel for technical and economic evaluations
• Experience leveraging AI and machine learning tools to identify opportunities, accelerate asset evaluations, and improve decision quality
• Extensive experience with reservoir engineering methods, including material balance, rate transient analysis, volumetric calculations, and type curve generation
• Demonstrated understanding of Appalachian Basin geology, well performance, spacing, and competitive operator activity preferred
• Advanced capability in analyzing large datasets with robust statistical and machine learning workflows
• Demonstrated ability to create executive-level investment recommendations for acquisition or capital allocation decisions
• Demonstrated ownership, initiative, and bias for action, with the ability to operate independently while building alignment across technical and commercial disciplines

Education Requirements:

• Bachelor's degree required: Petroleum, Chemical, Mechanical Engineering or closely related field
• MS Finance, MS Economics or MBA preferred

Years of Experience:

• 8+ years of experience in reservoir engineering or related technical discipline preferred
• Investment banking, private equity, corporate development, or business development experience preferred

Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law.

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