Oil & Gas - Reservoir Engineer in Minneapolis, United States

at EJS Group
Location Minneapolis, United States
Date Posted November 7, 2018
Category Reservoir Engineer
Job Type Permanent

Description

If you have the necessary experience, have shown stability with past employers, have a strong industry background and are looking for new opportunities, let EJS Group guide you through a highly competitive marketplace. EJS Group will provide you with insight into our clients culture, compensation expectations and growth opportunities. Apply today and allow us to present you to our client for maximum exposure.

Reporting Relationships
The Reservoir Engineer reports directly to the Reservoir Engineering Manager and will work closely with members of the land and finance departments.

Basic Function
To perform analysis of well performance and preparation of reserve estimates using a variety of techniques including decline curve analysis and analytical modeling.

Key Responsibilities
Evaluate oil and gas reservoir performance and depletion strategies.
Conduct internal reserve and economic evaluation of acquisition, exploration, drilling, recompletion, and workover opportunities utilizing appropriate economic and engineering applications.
Develop engineering models integrating well performance/production forecasting.
Perform technical and economic evaluations to add reserves.
Steward business results and make recommendations to increase asset value.
Complete budgeting, forecasting, and reserve/economic analysis for year-end reserve reporting on existing assets.

The Candidate
Education
Bachelor’s Degree in Petroleum Engineering or related discipline is preferred.

Experience
Degreed Engineer with 5+ years of industry experience in: Reservoir Engineering, well performance analysis, reserve estimation, and economic/risk analysis.
Experience in preparing annual reserves estimations in accordance with SEC and SPE guidelines
A solid understanding of the principles of field optimization, development, and depletion planning is required.
Excellent communication skills
The employee must be self-directed and have the ability to work effectively within a multidisciplinary team and the ability to communicate results and interpretations to management.
Proficient in ARIES, MS Excel, MS Access, and standard evaluation software

Critical Success Factors
Dependable, highly motivated individual who thrives in a “self driven” environment.
Team player; able to fit the existing culture, yet helps to transform the engineering area into a world class department.
Ability to evaluate Non-Op well proposals and identify strategic elections
Ability to evaluate asset retention value and update long-term development plans
Perform annual budgeting/monthly production and capital forecasting
Recommend key projects to management team to increase asset value and add reserves
Provide support and analysis in production forecasting
Visionary and strategic thinker; a creative change-agent that identifies issues and translates data and information to successful strategies.

Compensation

A highly competitive compensation package will be tailored to the specific needs of qualified candidates

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