Reservoir Engineer - Remote Analysis

Placements24; Stellenbosch; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Home office setup allowance

Health, dental, and vision insurance

Retirement savings plan with employer

Job summary

Placements24 seeks an experienced Reservoir Engineer to join our team remotely from Stellenbosch. You will analyze reservoir performance, build and update models, and shape production strategies to maximize asset value across multiple assets.

The role requires strong simulation, data analytics, and economic evaluation skills, with excellent communication to present findings to management and partners. Enjoy the flexibility of remote work from South Africa.

Qualifications

• 7+ years of experience in reservoir engineering with strong data analysis
• Proven ability to perform complex reservoir studies and economic analysis
• Excellent written and verbal communication to present technical information

Responsibilities

• Perform detailed reservoir characterization and performance analysis using simulation software
• Develop and update dynamic reservoir models to forecast production and evaluate development scenarios
• Recommend and implement enhanced oil recovery (EOR) techniques to maximize resource extraction
• Conduct economic evaluations of reservoir development plans and potential projects
• Collaborate with geoscientists and production engineers to optimize field operations
• Prepare technical reports and presentations for management and partners

Job description

About the Role

Our client is seeking a highly analytical and experienced Reservoir Engineer to join their team, working remotely from Stellenbosch. This position is vital for analyzing reservoir performance, developing production strategies, and optimizing hydrocarbon recovery across various assets. You will leverage advanced simulation tools and data analytics to provide critical insights that drive investment decisions and maximize asset value. This role offers the flexibility of remote work combined with the opportunity to contribute to significant projects within the global energy sector.

Key Responsibilities

• Perform detailed reservoir characterization and performance analysis using simulation software.
• Develop and update dynamic reservoir models to forecast production and evaluate development scenarios.
• Recommend and implement enhanced oil recovery (EOR) techniques to maximize resource extraction.
• Conduct economic evaluations of reservoir development plans and potential projects.
• Collaborate with geoscientists and production engineers to optimize field operations.
• Prepare technical reports, presentations, and recommendations for management and partners.

Requirements

• Master's or PhD degree in Petroleum Engineering or a related field.
• Minimum of 7 years of experience in reservoir engineering, with a strong background in simulation and data analysis.
• Expertise in reservoir simulation software (e.g., Eclipse, CMG Suite, Petrel RE).
• Proven ability to perform complex reservoir studies and economic analysis.
• Excellent understanding of geological concepts, fluid properties, and production mechanisms.
• Strong written and verbal communication skills, with the ability to present complex technical information clearly.

Benefits

• Competitive remote salary and annual bonus structure.
• Comprehensive health, dental, and vision insurance.
• Generous home office setup allowance.
• 401(k) or equivalent retirement savings plan with employer match.
• Significant opportunities for professional growth and learning.