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Reserves Engineer

2 months ago

Midland, Texas, United States Jobot Full time
Reserves Engineer Job Description

We are seeking a highly skilled Reserves Engineer to join our team at Jobot. As a Reserves Engineer, you will play a critical role in supporting our corporate reserves and reservoir engineering efforts.

Key Responsibilities:

  • 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.

Requirements:

  • 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.

Why Join Us?

We offer a dynamic work environment, competitive compensation, and opportunities for career growth. If you are a motivated and experienced Reserves Engineer looking for a new challenge, we encourage you to apply.