Inventory Growth Engineer

4 weeks ago

Houston, Texas, United States Oxy Full time

Job Summary

Oxy is seeking an experienced Inventory Growth Engineer to join our US Onshore Resources & Carbon Management team in Houston, TX. As a key member of our team, you will be responsible for identifying and evaluating well inventory improvement opportunities in the Permian Resources, Midland Basin portfolio.

Key Responsibilities

  • Work with multi-disciplinary teams to frame multiple trades, sales, and/or development scenarios and calculate associated economics, reserves, and potential risk in production and cash flow.
  • Collaborate with the Appraisal, Development, Geology, and Well Analysis and Design groups to understand resource potential in a given asset.
  • Initiate and/or support evaluation of acreage trades, sales, and purchases to improve Oxy's ownership positions.
  • Responsible for economic evaluations of non-operated projects.
  • Understand competitor activity, development plans, and technical strategies around Midland Basin assets.
  • Identify opportunities for data trades and well trials to improve subsurface understanding and increase well economics.

Requirements

  • Bachelor of Science in Engineering discipline.
  • 5+ years of related experience.
  • Strong communication skills (verbal/written/listening/presentation).
  • Skillful in economic software packages (PEEP/Enersight/Aries/Mosaic).
  • Understanding of a variety of types of land/lease requirements and details.
  • Understanding of typical oil and gas deal structures.
  • Exceptional understanding of economics, economic drivers, and business acumen.
  • Exceptional integration, communication, and decision-making skills.
  • Understanding of unconventional reservoir engineering workflows.
  • General understanding of reserves booking in unconventional reservoirs.
  • Entrepreneurial drive and risk tolerance.
  • Multi-tasking and problem solving with ability to analyze and recommend solutions on projects with a high degree of uncertainty.
  • Ability to interact effectively with team members, other departments, and working interest partners.
  • Basic understanding of well construction and surface facilities.
  • Basic understanding of artificial lift systems and operations.

Equal Opportunity Employer

Oxy is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

Recruitment Fraud Warning

Oxy does not charge a fee at any stage of the recruiting process. We will never ask you to pay for applications, interviews, meetings, processing, training or for any other fees. We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.

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