VP of Reservoir Engineering

Company Overview

Ichthys Energy is a Dallas-based exploration and production company focused on aggregating and responsibly developing operated inventory in the Permian Basin. Ichthys seeks to execute its growth strategy through a targeted ground game focused on operated and non-operated leasehold acquisitions and strategic partnerships across the Permian. The Ichthys management team is led by co-founders Michael Poynter, Chief Executive Officer, and Will Weidig, Chief Financial Officer.

Ichthys publicly announced the closing of an equity commitment from Post Oak Energy Capital in October 2024. Post Oak is a Houston-based private equity firm primarily focused on making domestic investments in the upstream, midstream and oilfield services sectors of the energy industry.

Job Description

Ichthys Energy is currently seeking an experienced Reservoir Engineer to join the team in Dallas, TX as the Vice President of Reservoir Engineering. This role will serve as a critical member of the team, focused on maximizing value through the evaluation, acquisition and development of high-quality Permian Basin assets.

Job Responsibilities:

• Perform technical and economic evaluations of acquisition targets, asset optimization transactions (i.e. trades / swaps, farm-in proposals, etc), and producing properties
• Engage in strategic decision-making processes as a leader within the company
• Evaluate asset potential and forecast well productivity and reservoir performance using decline curve analysis, pressure and rate transient analysis, etc.
• Lead asset planning and development efforts to support operations over time and optimize future development
• Experience managing a team of reservoir engineers as company executes on growth strategy
• Must be self-motivated and able to work individually as well as within a fast-paced, entrepreneurial team environment

Job Requirements:

• ~10+ years of experience as an asset development and/or BD reservoir engineer
• Permian Basin experience required
• B.S. in Petroleum Engineering required
• Ability to work across disciplines (i.e. geology, land, operations, finance) to perform efficient economic evaluations, asset development, and corporate planning
• Ability to manage several time-sensitive projects simultaneously, while maintaining technical standards
• Excellent presentation and communication skills; ability to develop clear and concise technical presentations with the ability to effectively present the material internally and externally
• Currently live in, or have the ability to relocate to Dallas, TX