Petroleum Engineer - Egypt

at Prime Rock Energy Capital
Location Egypt
Date Posted October 8, 2017
Category Petroleum Engineer
Job Type Permanent

Description

Prime Rock Energy Capital, LLC (“Prime Rock”) is an investment company with an entrepreneurial bent focused on acquiring high-quality oil and gas assets in North America and investing in game changing technologies for the oil and gas industry.

Prime Rock is expanding to the Middle East by starting a new entity in Egypt and is seeking Petroleum Engineers to join a fast-growing start-up raising $50M to invest in U.S. oil and gas.

POSITION OVERVIEW

The Petroleum Engineer will work as a member of the new entity’s core investment team providing vital technical analysis and engineering expertise for the team’s contemplated acquisitions.

JOB RESPONSIBILITIES

  • Perform comprehensive analyses of our targeted oil and gas reservoirs, including full geological review, decline curve analysis and operator analysis among others.
  • Perform reservoir evaluation studies and calculate estimated EUR based on logging data, production history, and other techniques.
  • Provide support and analysis on a deal by deal basis including analysis of existing wells, well spacing trends, off-take analysis, research permit activity and other offset activity that would impact our investment.
  • Team up with Data scientist/Machine Learning Engineer to build and evaluate integrated predictive and decision models to be deployed in deals evaluation systems, or for research.
  • Develop technical presentations to support investor relations and fundraising.
  • Participate in committee, investor and fundraising meetings as needed to offer technical support.

QUALIFICATIONS

Minimum requirements:

  • Fluent in English
  • BSc degree in petroleum engineering with 1 – 5 years of experience in petroleum/reservoir engineering and reserve estimation.
  • Advanced understanding of multistage fracturing for unconventional reservoirs.
  • Strong data analysis skills.
  • Entrepreneurial mindset, strong communication and collaborative skills.
  • Thinking out of the box and being comfortable working in “grey” space.
  • Egyptian / Egypt resident.

SUCCESSFUL CANDIDATE

  • MSc/PhD degree in petroleum engineering is preferred .
  • Experience in unconventional hydrocarbon plays ( preferred, not required ).
  • Broad knowledge in drilling, completions, and reservoir stimulation technologies.
  • Advanced knowledge in multistage hydraulic fracturing.
  • Knowledge in reservoir modelling/simulation.
  • Familiarity with using most common PENG software, such as PETREL, SAPHIR, GOHFER, etc. and desire to continuously broaden skillsets.
  • Experience using petroleum economics software such as ARIES or PHD-Win.
  • Background in Geographic Information Systems (GIS) application will be a plus.
  • Basic knowledge/minor degree in Finance will be a plus.
  • Ability to analyze large data sets and statistics to make conclusions.
  • Ability to effectively use the fundamental concepts, practices and procedures of petroleum engineering; continue development of technical expertise and knowledge through experience and application.
  • Creative thinker and problem solver with an aptitude for finding new ways to solve a problem.
  • Strong intellectual curiosity and interest to explore ways help us make better investment decisions.
  • Highly-motivated team player with a “whatever it takes” attitude who is willing to play a role in the entire deal process.
  • Ultra-detailed and laser focused on the disciplined investment approach of the fund.

BENEFITS

  • Competitive USD salary and reward & recognition programs.
  • Paid Time Off (PTO).
  • Healthcare coverage; medical, dental, vision.
  • Gym/fitness benefits.

KEYWORDS : Petroleum Engineering, Data Science. Data Analysis, Machine Learning, Artificial Intelligence, Data Insights, R, Python, GIS, Finance.

Job Type: Full-time

Job Location:

  • Cairo

Required education:

  • Master's

Required language:

  • English

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