Senior Subsurface Engineer - Asset Development

Placements24; Midrand; Hybrid; ZAR 1,100,000 - 1,600,000; Full time

Benefits offered by this job

Health benefits

Retirement savings plan

Professional growth opportunities

Hybrid work model

Job summary

Placements24 client in the Oil & Gas sector seeks a Senior Subsurface Engineer for asset development in Midrand, Gauteng. The role blends office collaboration with remote flexibility in a hybrid setup, focusing on reservoir characterization, production optimization, and economic evaluation.

You will analyze assets, identify EOR opportunities, and contribute to development plans while working with geoscientists, drilling and production engineers, and management.

Qualifications

• Master's degree in Petroleum Engineering or related field.
• Minimum 8 years of subsurface engineering or asset development experience.
• Proven expertise in reservoir simulation, well performance analysis, and economic modeling.
• Strong analytical, communication, and collaboration skills.

Responsibilities

• Conduct detailed subsurface analysis, including reservoir characterization and forecasting.
• Develop asset development and enhanced oil recovery strategies.
• Perform economic evaluations with rNPV calculations.
• Collaborate with geoscientists, drilling, and production teams.
• Mentor junior engineers and stay updated on industry best practices.

Skills

Reservoir simulation

Well performance analysis

Economic modeling

Data analysis

Statistical methods

Communication skills

Education

Master's degree in Petroleum Engineering or related discipline

Job description

About the Role

Our client, a prominent entity within the Oil & Gas sector, is seeking a highly analytical and experienced Senior Subsurface Engineer to focus on asset development. This position is based in Midrand, Gauteng, ZA , and involves a hybrid work arrangement, blending office-based collaboration with remote flexibility. You will be instrumental in evaluating existing assets, identifying opportunities for enhanced recovery, and contributing to the strategic development plans for our portfolio. Your role will require a strong understanding of reservoir characterization, production optimization, and economic evaluation. We are looking for a skilled professional to drive value from our subsurface assets in the vibrant commercial center of Midrand .

Key Responsibilities

• Conduct detailed subsurface analysis, including reservoir characterization, performance analysis, and forecasting.
• Develop and implement strategies for asset development, optimization, and enhanced oil recovery (EOR).
• Perform economic evaluations of development opportunities, including risked net present value (rNPV) calculations.
• Collaborate with geoscientists, drilling engineers, and production engineers to form integrated development teams.
• Monitor the performance of producing assets, identify issues, and propose solutions for improvement.
• Prepare technical reports, presentations, and recommendations for management and stakeholders.
• Mentor junior engineers and contribute to the team's technical expertise.
• Stay updated on industry best practices and new technologies in subsurface engineering.

Requirements

• Master's degree in Petroleum Engineering, or a related geoscience or engineering discipline.
• A minimum of 8 years of relevant experience in subsurface engineering, asset development, or reservoir management within the Oil & Gas industry.
• Proven expertise in reservoir simulation, well performance analysis, and economic modeling.
• Strong understanding of geological principles, fluid properties, and production systems.
• Experience with data analysis and statistical methods.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work effectively in a hybrid environment, collaborating with colleagues both in person and remotely.
• Must possess valid work authorization for South Africa .

Benefits

Our client offers a competitive salary, comprehensive health benefits, a retirement savings plan, and opportunities for professional growth and development. The hybrid work model in Midrand, Gauteng, ZA supports a positive work-life balance. Join a collaborative team focused on maximizing value from subsurface assets in the dynamic Oil & Gas sector.