Senior Reservoir Engineer - Reserves

Placements24; Sandton; Hybrid; ZAR 1,800,000 - 3,000,000; Full time

Benefits offered by this job

Competitive salary

Bonus potential

Health insurance

Dental insurance

Life insurance

Retirement plan

Career growth

Job summary

Placements24 in Sandton, South Africa, seeks a Senior Reservoir Engineer specializing in reserves to lead estimation, reporting, and valuation of hydrocarbons, ensuring regulatory compliance and alignment with corporate policies.

You will work with exploration, development, and production teams to validate reserve estimates, develop volumetric and performance-based models, and support audits and regulatory submissions.

Qualifications

• Bachelor's degree in Petroleum Engineering or related discipline.
• Minimum of 8 years of experience in reservoir engineering, with focus on reserves evaluation.
• In-depth knowledge of reserve reporting standards and methodologies.
• Proficiency in reservoir simulation and economic evaluation software.
• Strong analytical, communication, and documentation skills.

Responsibilities

• Lead estimation and reporting of proved, probable, and possible reserves.
• Ensure compliance with SEC, SPE-PRMS, and other reporting guidelines.
• Conduct technical reviews of reserve estimates and development plans.
• Develop and maintain volumetric and performance-based reserve models.
• Collaborate with asset teams to forecast production and economic performance.
• Provide technical support for reserve audits and regulatory submissions.

Skills

Analytical thinking

Communication

Documentation

Education

Bachelor's degree in Petroleum Engineering

Master's degree preferred

Tools

Reservoir simulation software

Economic evaluation software

Job description

About the Role

Our client is seeking a proficient Senior Reservoir Engineer specializing in Reserves to join their team in Sandton . This role is critical for accurate estimation, reporting, and management of hydrocarbon reserves, ensuring compliance with regulatory standards and company policies. You will work closely with exploration, development, and production teams to validate reserve estimates and provide insights into asset valuation. This is a key position for an experienced professional to influence strategic decision-making and contribute to the financial health of the company's operations in the Gauteng province.

Key Responsibilities

• Lead the estimation and reporting of proved, probable, and possible oil and gas reserves.
• Ensure compliance with SEC, SPE-PRMS, and other relevant reporting guidelines.
• Conduct technical reviews of reserve estimates and development plans.
• Develop and maintain volumetric and performance-based reserve models.
• Collaborate with asset teams to forecast production and economic performance.
• Provide technical support for reserve-related audits and regulatory submissions.

Requirements

• Bachelor's degree in Petroleum Engineering or a related discipline; Master's preferred.
• Minimum of 8 years of experience in reservoir engineering, with a focus on reserves evaluation.
• In-depth knowledge of reserve reporting standards and methodologies.
• Proficiency in reservoir simulation and economic evaluation software.
• Strong analytical, communication, and documentation skills.

Benefits

• Highly competitive salary and bonus package.
• Excellent health, dental, and life insurance coverage.
• Substantial retirement savings plan.
• Opportunities for continued professional growth and industry engagement.
• A sophisticated corporate environment in the heart of Sandton .