Director, Petroleum Engineering in Tulsa, United States

at BOK Financial
Location Tulsa, United States
Date Posted November 25, 2018
Category Petroleum Engineer
Job Type Permanent


Desired: Professional EngineerReq ID: 49954
Areas of Interest: Credit Administration
BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states – Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies. .
The Director, Petroleum Engineeringis responsible for developing and implementing the strategic direction of the department in an effort to meet and exceed goals while ensuring the accurate and quality technical evaluation of petroleum assets. Communicate results in a timely and professional manner to staff, clients and senior/executive management; serve as a resource, supervisor and advisor to the Petroleum Engineering Managers, Engineers and support staff and insures demand and capacity is balanced across the organization. Establish policies/protocols and ensures accountability and collaborative relationships exists between all parties.

Supervise work and load of Petroleum Engineering Managers, Engineers, Engineering Analyst(s), and third-party technical consultants; determine work capacity and priorities; establish policies/protocols; oversee the orientation, training and development of team members; evaluates work performance of personnel and recommends hiring, terminations and associated personnel actions.
Performs complex analysis of wells and property sets historical performance and/or processing facilities; forecasts future production of oil and gas reserves; calculates loan value, half-life of properties, and other required loan data; writes reports of oil and gas well evaluations and/or processing facilities to support loan structures; briefs Account Managers on production problems and processing complications. Remain abreast of industry technological advances; analyzes, maintains, and coordinates upgrades of software applications used by engineering department.
Ensures the technical accuracy of summary results to verify realistic performance projections. Confirms both the input parameters and evaluation results; presents data requirements, acquires client information, and performs quality checks in each engineering evaluation; recognizes the client’s business objectives in producing and developing oil and gas reserves through capital expenditures.
Communicates the results of reserve categories, economic base case and sensitivity runs; responds to requests for production updates, roll forward and asset group summaries in order to meet time deadlines and management reporting; provides advice to management on project evaluations and unique complexities and timing constraints; provides information on industry price trends
Represent the Energy Lending Group by calling, visiting, and attending meetings with client companies, coordinates and communicates engineering information requirements and follow up

Extensive knowledge of Oil & Gas Law and contracts
Exceptional knowledge of daily operations activity and equipment associated with oil and gas producing leases
Extensive knowledge of methods and requirements used in the valuation of producing and non-producing minerals and working interests
Advanced knowledge of criteria, guidelines, and government regulations associated with oil and gas operations
Excellent verbal and written communication skills
Advanced knowledge of PC applications including spreadsheets, word processing, database, graphics presentation software, and oil & gas and engineering software packages
Excellent organizational skills; ability to handle multiple tasks simultaneously in a competent and professional manner
Excellent leadership and mentoring abilities in developing and supervising others
This level of knowledge is normally acquired through completion of a Bachelor's Degree in Engineering and 12+ years work experience as a Petroleum Engineer; or 18+ years of equivalent work related experience. PREFERRED: PE Certification
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!

Apply today and take the first step towards your next career opportunity!

BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible for any fees associated with unsolicited candidates, nor will a contractual relationship be formed by the submission. BOK Financial and its Subsidiaries are not obligated and will not under any circumstances pay any fees to said third parties submitting candidates in this manner. BOK Financial and its Subsidiaries only forms contracts with recruiters with whom we have an established business relationship and with whom we have in place a signed agreement. All contact with BOK Financial and its Subsidiaries from third parties must be through our Human Resources Department. Any contact made outside of the BOK Financial Human Resources Department by a third party will cancel any future business relationships between the third party and BOK Financial.
Please contact with any questions.

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