Reservoir Engineer I/II in Austin, United States

at Parsley Energy, Inc.
Location Austin, United States
Date Posted May 23, 2018
Category Reservoir Engineer
Job Type Permanent

Description

Job Title: Reservoir Engineer I/II

Location: Austin, TX

Reports to: Budget & Planning Supervisor

Summary/objective :
Support a multidisciplinary team in development planning functions. Principal activities will include: individual well economic lookbacks, short-term budget and forecasting, long-term NAV, program economic assessments, and AFE stewardship.

Essential functions :
Assume the primary responsibility of managing the operational budget model
Drilling and completion planning strategy
Work collaboratively with other reservoir engineers as well as drilling, geology, land and production operations groups to implement and optimize drilling program
Analyze, interpret and integrate data from a wide variety of sources including production and geologic data to understand and improve the results of the drilling program to optimize and generate new development opportunities
Assist in the quantification and analysis of the quarterly lookback process

Knowledge, Skills, and Attributes:
Excellent written and verbal communication skills
Demonstrate a wide range of upstream planning skills including economic evaluations, operation planning and cash flow modeling
Position requires a strong analytical and problem solving skill set utilizing sound engineering principles
Ability to communicate and work effectively with a multi-disciplined team.

Supervisory responsibilities:
None

Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines . On occasion this position may be required to go to the field and monitor activity, therefore being exposed to wet and/or humid conditions, fumes or airborne particles, cold weather, extreme heat, and vibration.

Physical Demands:
This is largely a sedentary role: However, while performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk; use hands and arms to reach. The worker is also required to have close visual acuity for viewing a computer terminal, reading, transcribing, and preparing and analyzing data and figures.

Position type and expected hours of work:
This is a full-time position, and typical work hours are Monday-Friday 7:00 a.m. to 4:00 p.m. or 8:00 a.m. to 5:00 p.m. Some flexibility in hours is allowed, but the employee must be available during the “core” work hours.

Travel:
Out of area and overnight trips could be expected for training, seminars, or visits to other company office locations. Overnight stays will not exceed 5% per year.

Minimum Qualifications:
Bachelors of Science in Engineering preferred
3+ years of industry related experience with demonstrated knowledge of upstream planning and forecasting

Affirmative action plan/equal employer opportunity (AAP/EEO) statement: Parsley Energy is an Equal Opportunity Employer. All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, marital status, national origin or ancestry, age, physical or mental handicap unrelated to ability, or an unfavorable discharge from military service.

Disclaimer: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice

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