|Location||Houston, United States|
|Date Posted||October 16, 2019|
A resume and letter of interest is required in order to apply.
Purpose of Position
University Lands is seeking a Reservoir Engineer to perform technical evaluations of operator performance, economic analysis of potential development deals, assist in the annual reserve report process, and work environmental and other activities.
Lead economic evaluations in asset area(s), including thorough well performance reviews and type curve generation, single-well and project-level evaluations, and understanding differentials and sensitivities/uncertainties. Work closely with land and geoscience to maximize value and full field developmentStrong responsibilities and accountability for the reserves process and working with internal and 3rd party reserves group. Complete and review engineering work, which includes type curve generation, working with team to understanding the implications of spacing/stacking, completions, operator, etc.Short and long term planning models, developing a deep understanding for sub-basins, well performance, and revenue projections. Work with data management and tools, like Spotfire and Excel, to build tools for efficient but thorough evaluationsBusiness Development responsibilities, to include: keeping organization up to date on best practices for operator on University Lands in close proximity, manage relationships with operators to influence full field development; understand and communicate Permian M&A; activityOpportunity to contribute to additional projects/initiatives (ex. emissions, water management, sand)Mentor interns.Other duties as required.
Bachelor’s degree in Engineering. Three (3) years of full-time experience in the oil and gas industry. Spotfire (proficiency in building tools), coding preferred.
Five (5) years of full-time experience in oil and gas industry. Permian Unconventional experience strongly preferred. Aries, PHDWin, DrillingInfo, and/or HIS expertise. Advanced Microsoft Product software utilization (experience with Pivot Tables, VBA preferred).
Knowledge, Skills, & Abilities:
Strong economic skills; ability to work independently with minimal supervision and limited job definition; high degree of initiative and independent judgment; strong analytical and problem-solving abilities; Ability to organize work, engage in a variety of tasks simultaneously and consistently meet deadlines; Strong oral/written communication skills and personal computer skills.
May work around standard office conditions.May work around electrical and/or mechanical hazards.Requires occasional evening or weekend hours
The retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to the position being at least 20 hours per week and at least 135 days in length. This position has the option to elect the Optional Retirement Program (ORP) instead of TRS, subject to the position being 40 hours per week and at least 135 days in length.
Complete all sections on the application, including highest level of education, college degrees (if applicable), references and all questions on the application questionnaire. If you are applying for the first time make sure to complete all biographical information including address, email and phone. You may update this at any time by selecting to edit your profile in the application.
Security sensitive; conviction verification conducted on applicant selected.
The University of Texas System Administration is an Equal Opportunity/ Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status or sexual orientation. Reasonable disability accommodation may be requested by contacting the Office of Talent and Innovation.