Reservoir Engineer

15 hours ago

Iowa Park, United States Istick Capital Management LLC Full time
EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Category
Engineering

Description

Reservior Engineer Job Description

R2Q Operating, LLC is actively prospecting and acquiring proved-producing acreage in North Texas and is need of a quality Reservoir Engineer to manage new and existing properties. The right candidate is responsible for maximizing present value through reservoir studies, economic accountability, and enhanced production recovery methods. The position also requires substantial knowledge of water flooding surveillance and implementation, as well as secondary recovery efforts.

Reservoir Engineer Responsibilities
  • Reservoir Engineer carries out field and reservoir studies.
  • 3D/4D Reservoir simulation
  • Experience in brownfiled production enhancement and recovery maximization
    1. Maximize cash generators and value chain in all production stages
    2. Holistic Field Development Plan
    3. Exploitation of nearby developed and undeveloped resources and exhausting bypassed reserves from existing wellbores
    4. Versed in emerging technologies in subsurface surveillance and well interventions
  • Water flooding surveillance and implementation.
  • Design and model secondary recovery methods such as gas/fluid flooding and reservoir stimulation.
  • Make recommendations for optimizing production rates in existing assets.
  • Perform reserve and profitability analysis on drilling, recompletion, and workover opportunities.
  • Compile risked economics for evaluating and ranking behind-pipe potential.
  • Assist in semi-annual reserve evaluations on Company's operated and non-operated assets.
  • Evaluate and make recommendations on potential acquisitions and divestitures.
  • Analyze reservoir performance resulting from various completion methods.
  • Maintain and update production data, ownership adjustments, and related economic data required in the evaluation process.
Position Requirements

Qualifications
  • 15+ years of reservoir engineering experience including (but not limited to): water flooding surveillance and implementation, creating type ves, production forecasts, and economic analysis.
  • Bachelor of Science in petroleum engineering or related engineering discipline.
  • Proficient in data management, computer and analytical skills. (Tech Savvy)
  • Exceptional time management skills with ability to manage multiple assignments simultaneously and meet strict deadlines.
  • Ability to work independently and accomplish tasks with minimal supervision.
  • Strong interpersonal skills with the ability to work well in an interdisciplinary team environment.
  • Strong analytical and problem solving skills with the capability of making sound recommendations with limited data/information under tight deadlines.
  • Close attention to detail with ability to set personal quality control measures to insure accuracy in reporting.
  • Strong working knowledge of the industry's economic software(s) (PHDWin preferred).
  • Outstanding verbal and written communication skills.
  • Working knowledge of DSS or similar surveillance software.


Full-Time/Part-Time
Full-Time

Rate Range

Position
Reservoir Engineer

Number of Openings
1

Exempt/Non-Exempt
Exempt

Open Date
11/22/2024

Location
Kamay Yard - R2Q

About the Organization
The Company is a private equity company.

This position is currently accepting applications.

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