About this opportunity
Verdun Oil Company lists this Reservoir Engineer opportunity in houston, Texas. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Join our team and shape the future with us! At Verdun Oil Company, we believe in empowering our employees to innovate, grow, and make a real impact. Whether you’re just starting out or looking to advance your career, you’ll find a supportive, collaborative environment where your talents are valued and your contributions make a difference. Discover endless opportunities to learn, lead, and succeed with us!
Houston, TX
Full Time
Description:
This position is responsible for oil and gas asset reserves management for the Company. The candidate will generate and manage internal oil and gas reserves for both reserves-based lending (RBL) and the year-end 3rd‑party audit. A successful candidate must possess a strong understanding of oil and gas company operations, midstream contract and fee structures, and oil and gas lease operating statements (LOS).
Essential Duties and Responsibilities
To perform this job successfully, an individual must be able to perform the following satisfactorily:
Prepare reserves-based lending (RBL) databases and materials
Generate and update well production forecasts and type‑curves
Prepare year‑end reserve materials for 3rd‑party audit purposes
Prepare reserves reconciliations and document changes to reserves
Interface with asset teams, midstream, and finance to understand well‑performance, costs, and fees
Present any findings internally and externally
Manage engineering communications related to the lender syndication process for the RBL process
Must meet demanding schedules and execute on timely deliverables
All other duties and tasks assigned by the direct supervisor or manager
Qualifications & Skills
The qualifications and skills listed below represent those required to complete the essential duties listed above successfully.
Education/Experience
Bachelor’s degree in petroleum engineering from an accredited university or college.
3‑7 years of reservoir engineering experience or an equivalent combination of education and experience.
At least 1 year of experience with reserves management and type‑curve generation.
Strong understanding of oil and gas operations.
Strong understanding of midstream contract and fee structures.
Strong understanding of oil and gas Lease Operating Statements.
Strong understanding of Oil and Gas databases and software.
Ability to accurately forecast well production and type‑curves.
Mathematical Ability
Process complex mathematical calculations. Understand and recognize relationships and outputs from large and complex data sets, with a solid ability to analyze and generate conclusions from that data.
Computer Skills & Software
Strong knowledge of Aries, Excel / VBA / Power Pivot / Data Models, SQL / Other databases, DCA software (Aries, ComboCurve), Enverus, IHS suite, RTA, Spotfire, and Power BI.
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Worksite address
houston, TX, 77246, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.