Senior Reservoir Engineer: Lead Asset Development & Optimization

Formentera Operations, LLC.; Austin (TX); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Annual Bonus Eligibility

Health insurance (employer covering)

401K with employer match

Job summary

Formentera Operations LLC seeks a Senior Reservoir Engineer to provide technical and commercial leadership across a diverse asset base in multiple US basins. The role blends reservoir engineering with business judgment to uncover value and acts as the go-to technical resource for the team.

You will lead development planning with multidisciplinary teams, evaluate well spacing and completion designs, perform advanced reservoir analyses, build forecasts, and support the reserves process.

Qualifications

• Bachelor of Science in Petroleum Engineering or related field.
• 7+ years of reservoir engineering experience in subsurface development and asset evaluation.
• Strong expertise in rate transient analysis, PVT and numerical modeling, with reserves understanding.
• Solid grasp of statistics and risk assessment for forecasts, valuations, and decisions.
• Strong commercial skills to identify opportunities and drive development decisions.

Responsibilities

• Lead development planning and manage drilling inventory with a multidisciplinary team.
• Evaluate spacing, parent-child interactions, and completions to optimize value.
• Perform advanced reservoir analysis including rate transient analysis and modeling.
• Build type curves and forecasts; assess forecast uncertainty and business impact.
• Support reserves process and prepare economic metrics for projects.
• Mentor engineers and analysts; share knowledge through peer reviews.

Skills

Rate transient analysis

PVT

Numerical modeling

Reserves understanding

Statistics & risk assessment

Commercial skills

Data analytics

Programming

Machine learning

Education

B.S. in Petroleum Engineering

Tools

ComboCurve/ARIES/PHDwin

Whitson+

Spotfire

Power BI

SQL

Excel

Job description

Formentera Operations LLC seeks a Senior Reservoir Engineer to provide technical and commercial leadership across a diverse asset base in multiple US basins. The role blends reservoir engineering with business judgment to uncover value and acts as the go-to technical resource for the team.

You will lead development planning with multidisciplinary teams, evaluate well spacing and completion designs, perform advanced reservoir analyses, build forecasts, and support the reserves process.