Contract Reservoir Engineer Oklahoma City, OK, US

at VENTANA Exploration and Production LLC
Location Oklahoma City, United States
Date Posted April 21, 2017
Category Reservoir Engineer
Job Type Contract
Min. Years Experience Required 5



Exploration and Production LLC Job Title:

Contract Reservoir Engineer Position Reports To:

CEO and President Job Description:

Optimize existing property base by analyzing relevant data and providing reserve estimates, production forecasts and economic projections. Identify, prioritize, recommend, present, and monitor oil and gas development and exploitation projects. Compile and analyze all available data into a complete history of and plan for future development of oil and gas fields.


Essential Functions:

  • Analyze data and perform basic: economic evaluations using ARIES; volumetric reserve estimates; material balance calculations, pressure transient analysis, formation evaluation, decline curve analysis and production forecasting.
  • Analyze relevant data to formulate basic conclusions that contribute to improved reservoir understanding or characterization.
  • Evaluate basic development scenarios, reserve profiles, and profitability on existing properties and/or exploration/acquisition ideas.
  • Perform basic well/field studies to identify and generate workover, recompletion and drilling projects.
  • Identify and perform basic evaluation of opportunities for enhanced recovery projects.
  • Prepare and analyze basic economic evaluations, reserves evaluations, and production forecasts.
  • Conduct basic economic evaluation of acquisitions and divestitures and exploration and development opportunities.
  • Excellent written and verbal communication skills, with specific ability to translate complex information into an organized and presentable manner.
  • Ability to handle multiple assignments of diverse tasks with differing priorities by using effective time and project management with technically and economically sound recommendations.
Education and Work Experience:
  • 5-10 years oil/gas engineering experience with significant focus in the Anadarko Basin
  • Work experience with Large and/or Mid-size E&P companies
  • Experience in performing basic reserve and economic evaluations preferred
  • Bachelor’s degree in engineering, petroleum engineering preferred
Knowledge, Skills and Abilities:
  • Wide use and application of complex engineering and economic evaluation principles and techniques in assigned specialty.
  • Thorough knowledge of reservoir engineering and understanding of open hole and production log analysis and interpretation techniques.
  • Ability to develop, interpret and analyze J-Curves
  • Experience in well test analysis in oil and gas reservoirs.
  • Experience with ARIES, Fekete F.A.S.T. RTA, Geographix, and Power Tools helpful.
  • Familiarity with computer software techniques used for log analysis.
  • Experience in utilizing various forecasting/monitoring/evaluating methods for unconventional reservoirs.
  • Typically responsible for complex projects or ones that can affect the entire business unit. Individual unique contributions are a major element in the success/ profitability of a project. Keeps abreast of advanced developments in reservoir engineering and proposes implementation.
  • Assignments are outlined in terms of general objectives. Receives minimal guidance. Proceeds on own initiative and judgment.
  • Proactive in most areas of reservoir engineering assignment. Offers ideas for solutions to common problems.  Effectively communicates technical and business concepts to immediate work group, project teams and management.
  • May provide work direction and serve as mentor for less experienced engineers or technologists.  Capable of providing informal training within work group in a few specific areas of reservoir engineering.  Recognized as a qualified subject matter expert with an ability to mentor someone on technical issues.
  • Recognized by the work group as a fully competent professional.  Active participation within functional networks.  Exhibiting common use of company principles and behaviors.
  • Area level engineers rely on technical judgment and conclusions.  Represents reservoir engineering to other teams regarding analytical methods, asset development and economic evaluations.
  • Experience with Bank and SEC reporting
Physical Demands:
  • The company will provide reasonable accommodations to qualified individuals with disabilities.
  • Utilize multi-limb coordination and flexibility combined with control precision to perform fine motor skills including: finger manipulation, grasping, feeling, arm-hand steadiness, in order to push, pull or lift objects
  • Exerting up to 10 pounds of force occasionally to lift, carry, push, pull, or otherwise move objects, including the human body.
  • Work involves sitting most of the time, but may involve walking or standing for brief periods.
  • Utilizes multi-limb coordination to balance on even surfaces, stoop, kneel, stand, and walk, reach over shoulders or below the knees.
Work Environment:
  • Office oriented job requiring minimal away from primary office location.
  • Environmentally controlled with no exposure to extreme changes in the weather, and limited exposure to humidity/moisture relative to atmospheric condition variations.
  • No exposure to dust, chemicals, gases, fumes, smoke, excessive noise, and/or vibrations
  • Weekend and/or Holiday hours may be required.

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