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Petroleum Asset Management Engineer
2 months ago
Job Overview:
At Bank of America, we are driven by a unified mission to enhance financial lives through the strength of every connection.
Responsible Growth defines our operations and how we serve our clients, colleagues, communities, and shareholders consistently.
Central to fostering Responsible Growth is our commitment to being an exceptional workplace for our team members globally.
We seek individuals with a wide array of backgrounds and experiences, investing significantly in our team and their families by providing competitive benefits that support their physical, emotional, and financial health.
Bank of America values collaboration while also offering flexibility to our employees. We adopt a comprehensive approach to flexibility, tailored to the various roles within our organization.
Joining Bank of America presents a remarkable career opportunity, enabling you to learn, grow, and make a meaningful impact while empowering you to effect change.
Key Responsibilities:
Deliver engineering, geological, and technical guidance to the oil, gas, and mineral division in managing oil, gas, and mineral resources. This includes preparing net income forecasts and fair market value assessments (either in-house or via third parties); reviewing joint interest billings; assessing authority for expenditures (AFEs), and providing recommendations and consultation with designated asset managers; evaluating and providing insights on joint operating agreements, unitization agreements, and farmout agreements.
Additionally, you will inspect working interest operations on assigned assets and address environmental considerations related to them; where appropriate, you will liaise with well operators to address any identified environmental concerns.
You should be proficient in utilizing PHDWin reserve and economic software, possess excellent Microsoft Office capabilities, and demonstrate strong presentation and communication skills.Collaboration with other professionals (both in-house and external engineering firms) is essential to deliver premier asset management services for clients and the team.
Qualifications:
Degree in Petroleum Engineering or a relevant engineering discipline
Experience in exploration and production with a major or independent oil company
Proficiency in PHDWin reserve and economic software
Familiarity with gathering information from various state oil and gas regulatory bodies
Exceptional presentation skills - clear, relevant, concise, and to the point
Strong general software skills
Experience in oil and gas title and land operations
A proactive and inquisitive mindset for learning and sharing knowledge
Preferred Skills:
Reservoir engineering experience is advantageous, though not mandatory
Licensure as a Professional Engineer is a plus, but not essential
An MBA or experience in financial services is beneficial, but not required
Work Schedule:
1st shift (United States of America)
Weekly Hours:
40
