Senior Reservoir Engineer: A&D Valuations

Devon Energy; Georgia; On-site; USD 140,000 - 210,000; Full time

Job summary

As a Senior Reservoir Engineer at Devon Energy, you will support the Asset Evaluation Team, focusing on Acquisitions & Divestitures (A&D) with project-based evaluations requiring quick turnaround. This role emphasizes reservoir engineering expertise and economic analysis to assess and optimize oil and gas assets.

You will report directly to the Manager of the Asset Evaluation Team and work on-site at Devon’s headquarters in Houston, Texas.

Qualifications

• Bachelor's degree in Petroleum, Chemical, Mechanical Engineering or closely related field.
• 10+ years of experience in reservoir engineering or related technical discipline.
• 2+ years in Business Development.
• Significant experience in acquisitions, divestitures, and reserves evaluation preferred.

Responsibilities

• Collaborate with geoscience, drilling, production, and land teams to complete asset evaluations.
• Perform discounted cash flow analysis and recommend valuations for assets and companies.
• Conduct economic analysis for acquisitions and mergers using Excel and ARIES.
• Gather and interpret large datasets to define reservoir characteristics and build models.
• Evaluate LOE and operational costs for asset performance alignment.
• Conduct reserves studies for budgeting, forecasting, and reporting.
• Perform well performance analysis, pressure interpretation, and decline curve evaluations.

Skills

ARIES

Spotfire

Excel

Reservoir engineering

Decline curve

Type curves

Reserves eval

Data analysis

Education

Bachelor's degree

Tools

ARIES

Spotfire

Job description

As a Senior Reservoir Engineer at Devon Energy, you will support the Asset Evaluation Team, focusing on Acquisitions & Divestitures (A&D) with project-based evaluations requiring quick turnaround. This role emphasizes reservoir engineering expertise and economic analysis to assess and optimize oil and gas assets.

You will report directly to the Manager of the Asset Evaluation Team and work on-site at Devon’s headquarters in Houston, Texas.