Reservoir Engineer (A&D focus) — Dallas, Texas

at Earthstream
Location Dallas, Texas
Date Posted August 21, 2015
Category Reservoir Engineer
Job Type Permanent

Description

Client:

Privately held and aggressively growing A&D focused E&P business which has recently closed out their largest fund which will be used to build up the companies upstream portfolio of assets. This role would focus on non-op acquisitions throughout the L48 focusing on oil and gas properties. The company is lead by two highly reputable individuals with a significant track record in building and selling Oil & Gas investments and businesses.

 

Responsibilities:

- expert level or advanced use of reserves economics software.

- experience with production data software/platforms, experience quantifying reserves, analyzing well data (logs, pressure response, production history, operations reports etc.) and using all of this to prepare reserve valuation reports.

- knowing what data to analyze in order to build an economic model

- experience working PDP heavy transactions where a forensic data analysis approach is required to account for all economic variables used in the valuation.

- comfortable generating economic models from data that may not be offered up front as part of a sales package, but rather know what kind of data to ask for based on the assets being considered.

- strong plus if the candidate has production / operations engineering experience that can help understand the pitfalls associated with various well, field, production or equipment characteristics

Desired Skills and Experience

Requirements:

- 2+ years as an acquisition focused engineer in a business development environment with muliple US basin experience

- Screening acquisitions between the ranges of $1MM to $500MM (ideally a variety of smaller <2MM and larger deal valuations)

- Screening at least 20 deals per year

- Conventional and Unconventional Experience

- Primary and Secondary recovery experience is a plus

- Experience completing multiple acquisitions in more than 3 geographic locations

- Experience analyzing detailed historical data associated with producing properties

* Focus on PDP evaluations

* Making use of financial data available with producing wells

* Not just acreage deals for example

- BS in engineering (Petroleum, Chemical, Mechanical etc)

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