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Reservoir Engineer

4 months ago

Houston, United States Riverbend Energy Group Full time

About Riverbend Energy Group

Riverbend Energy Group is a multi-faceted investment firm, utilizing risk-weighted deal evaluation processes to deploy capital into a variety of investment theses in the U.S. energy sector. As a trusted name in the energy investment space, our portfolios have included, and continue to include, operated, non-operated, and mineral and royalty assets in oil and gas, as well as investments in the energy transition sector. Since 2003, we have successfully acquired, developed, and managed over $5 billion of total enterprise value across eleven asset portfolios. 

 

Job Summary 

Reservoir Engineer (A&D) position will be responsible for forecasting production, evaluating reserves, and assessing economic value. This individual will assist in asset management, deal evaluation, acquisitions, and capital redeployment across multiple basins in the U.S. They will maintain an Aries Database, approve Authority For Expenditures (“AFE”), Joint Interest Billings (“JIBs”) and be apart of new opportunity review. The Engineer I will be working collaboratively with different departments such as Land, Finance, Accounting, IT, GIS, etc. on various projects and tasks.

 

Duties and Responsibilities 

  • Develop and maintain Aries database of existing PDP wells
  • Build reservoir models and model potential development scenarios as to associated reserves
  • Maintain Engineering models with in-house historical accounting
  • Evaluate potential acquisitions and divestitures
  • Supervise reserve studies performed by third party consulting firms
  • Mapping oil and gas data (leases, units, wells, etc.)

 

Qualifications, Knowledge, Skills, and Abilities 

  • Bachelor of Science Degree in Petroleum Engineering or equivalent experience
  • 2-4 years of experience in reserves, A&D, or equivalent experience
  • Experience in Economic Evaluations using Aries, ComboCurve, or other analytical software
  • Excellent communication skills (written and oral) for internal and external project presentations
  • Microsoft SQL Server (SQL), Python, and VBA a plus
  • Microsoft Office Products (Excel, Word, PowerPoint, etc.)