Reserves Engineer

This Jobot Job is hosted by: Sheldon Collins

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Salary: $120,000 - $160,000 per year

We are an independent oil and natural gas company.

Bonus and stock

Fast career growth

8% 401K match

Relocation Assistance

The Reserves Engineer will provide essential support for corporate reserves and reservoir engineering across various projects, as outlined below. The ideal candidate will bring strong technical skills and excellent communication abilities, contributing their expertise within a dynamic, multi-disciplinary team.

Responsibilities:

Collaborate with the Corporate Reserves team to analyze and prepare quarterly reserves updates and bank redeterminations, ensuring compliance with SEC, SOX, and PRMS guidelines

Work closely with accounting and internal audit teams to guarantee accurate financial reporting related to reserves

Utilize techniques such as decline curve analysis, material balance, volumetrics, and rate transient analysis to evaluate proved and 3P reserves

Compile and conduct comparative analyses of peer reserves data from public filings

Monitor acquisition, divestiture, and non-operated activities to update the reserves system

Partner with Finance and Planning teams to maintain the long-term budget plan, regularly updating type curve, PDP, and expense forecasts

Build and maintain a collaborative relationship with third-party reserves auditors

Provide reservoir engineering support for SEC reserves analysis, reconciliation, and documentation; assist development and A&D team Reservoir Engineers as needed

Qualifications:

Bachelor’s degree in Engineering from an accredited institution

At least 3+ years of experience in oil and gas reservoir engineering, with a minimum of 1+ years in corporate reserves

Preferred 8+ years of experience in oil and gas reservoir engineering, with at least 3+ years in corporate reserves

In-depth knowledge of quarterly and/or annual reserves processes and SEC reserves reporting requirements

Experience with unconventional resource plays is preferred

Proficiency in handling and analyzing large datasets

Proficiency in ARIES and Microsoft Access/SQL; Spotfire skills are preferred

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