Senior Petroleum Engineer - Reservoir Development

Placements24; Randburg; On-site; ZAR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional growth

Relocation assistance

Job summary

Placements24 is seeking a highly experienced Senior Petroleum Engineer (Reservoir Development) to optimize field development plans and maximize hydrocarbon recovery. You will lead reservoir simulations, forecast production, and perform economic analyses in collaboration with operations and management.

The role requires an 8+ year track record in reservoir development, strong analytical skills, and proficiency with Eclipse/CMG.

Qualifications

• Bachelor's or Master's in Petroleum Engineering or related field.
• 8+ years of petroleum engineering experience focusing on reservoir development.
• Experience with reservoir simulation tools (Eclipse/CMG) and history matching.

Responsibilities

• Develop and refine field development plans for oil and gas reservoirs.
• Conduct detailed reservoir simulations to assess performance and forecast production.
• Perform economic evaluations of development projects and EOR opportunities.
• Prepare reserves estimates and production forecasts per industry standards.
• Identify infill drilling, workovers and EOR opportunities with cross-disciplinary teams.
• Collaborate with geoscientists, drilling and production engineers.
• Monitor reservoir performance and recommend operational adjustments.
• Manage project timelines and budgets for development initiatives.
• Prepare technical reports and presentations for management and stakeholders.
• Stay updated on advancements in reservoir engineering technologies.

Skills

Reservoir simulation

Production forecasting

Economic analysis

Project management

Communication

Education

Bachelor's or Master's in Petroleum Engineering

Tools

Eclipse

CMG

ARIES

Job description

About the Role

Our client, a significant player in the upstream oil and gas sector, is seeking a highly experienced Senior Petroleum Engineer to focus on Reservoir Development. This role requires a strong analytical mindset and a deep understanding of reservoir performance and optimization strategies. You will be responsible for evaluating field development plans, forecasting production, and implementing strategies to maximize hydrocarbon recovery. The position is based on-site to facilitate close collaboration with field operations, drilling teams, and management. The ideal candidate will possess extensive experience in reservoir simulation, economic analysis, and project management. You will contribute to critical decisions regarding field development, infill drilling, and enhanced oil recovery (EOR) techniques. This role demands a proactive approach to identifying development opportunities and ensuring the long‑term viability and profitability of our client's assets in the Randburg region.

Key Responsibilities

• Develop and refine field development plans for oil and gas reservoirs.
• Conduct detailed reservoir simulation studies to assess performance and predict future production.
• Perform economic evaluations of development projects and production enhancement opportunities.
• Prepare reserves estimates and production forecasts in accordance with industry standards.
• Identify opportunities for infill drilling, workovers, and enhanced oil recovery (EOR) projects.
• Collaborate closely with geoscientists, drilling engineers, and production engineers.
• Monitor reservoir performance and recommend operational adjustments.
• Manage project timelines and budgets for development initiatives.
• Prepare technical reports and presentations for management and stakeholders.
• Stay current with advancements in reservoir engineering technologies and methodologies.

Requirements

• Bachelor's or Master's degree in Petroleum Engineering or a related field.
• Minimum of 8 years of experience in petroleum engineering, with a focus on reservoir development and management.
• Proven experience in reservoir simulation (e.g., Eclipse, CMG) and history matching.
• Strong skills in production forecasting and economic analysis (e.g., ARIES).
• Knowledge of various enhanced oil recovery (EOR) techniques.
• Excellent analytical, problem-solving, and decision-making capabilities.
• Strong communication, presentation, and interpersonal skills.
• Ability to work effectively in a team environment and collaborate with diverse disciplines.
• Experience in project management and delivering results on schedule.
• Must be willing to work on-site in Randburg.

Benefits

• Competitive salary and performance-based bonus.
• Comprehensive benefits package including medical aid and retirement fund.
• Opportunities for professional growth and development.
• Exposure to challenging and rewarding reservoir development projects.
• Collaborative work environment with experienced professionals.
• Relocation assistance may be available for qualified candidates.
• Annual performance reviews and career progression planning.