Reservoir Engineer

  • location: Austin, TX
  • type: Permanent
  • salary: $100,000 - $105,000 per year
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job description

Reservoir Engineer

Permanent position: Small independent Oil & Gas company is seeking a Corporate Reserves Engineer for their Austin location. Qualified candidates must have experience in Mid Continent and reservoir experience. Company will provide relocation assistance if needed.

Responsibilities for the Reservoir Engineer
  • Manage and perform processes related to corporate reserves and production and reserve booking strategies and implementation; maintenance of properties in ARIES
  • Generate type wells for prospect evaluation and perform decline curve analysis on producing properties. Work closely with asset teams to ensure consistency in technical approach to estimating reserves and evaluating opportunities
  • Ensure sufficient documentation of reserves processes to fulfill formal audits and process controls and point of contact for 3rd party independent reserves consulting company
  • Ensure company reserves satisfy SEC requirements and are represented in public documents accurately and in compliance with appropriate reporting standards and work closely with the Finance group to model corporate financials that tie to production and reserve estimates
Requirements for the Reservoir Engineer

  • Must have BS in Petroleum Engineering or other applicable Engineering discipline
  • Must have minimum of 3-5 years reservoir experience in the petroleum industry
  • Strong technical skillset in reserve analysis using decline curve analysis, volumetrics, stochastic and analog methodologies to assess risk and reserve potential
  • Must have experience with reserve reporting, budget, and lookback preparation
  • Proficiency in economic modeling (ARIES preference)
  • Must have excellent communication skills both verbal and written and be able to participate in meetings

  • Competitive Pay
  • 9/80 work schedule
  • Free gym membership
  • Attractive benefits
  • Relocation assistance provided
  • Bonus potential
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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