Reservoir Engineer – Strategic Planning & Acquisition - Houston

at IPG Staffing
Location Houston, Texas
Date Posted August 10, 2015
Category Reservoir Engineer
Job Type Permanent
Min. Years Experience Required 5
Must Already Have Work Rights Yes


Company Profile:


  • A Houston-based Exploration and Production subsidiary of a multi-billion dollar energy company with assets in Utility, Pipeline and Storage and Exploration and Production.
  • Operations in California, Kansas, New York and Pennsylvania.
  • Formed over 100 years ago.
  • Employs less than 2,000 employees.
  • The parent company has assets worth over $6.2 Billion.

Benefits and Features:

  • Competitive compensation package.
  • 401K Plan
  • Medical, dental and vision.
  • Paid vacation.
  • Supportive work environment with many growth opportunities – a mentoring atmosphere.
  • And more!

Your Role with the Company:

The Strategic Planning and Acquisition Engineer will be a member of the Reservoir Engineering Group as an individual contributor who will work closely with (1) the Vice President of Acquisitions, (2) Vice President of Reservoir Engineering and (3) the Strategic Planning Manager. The primary responsibility of this role is to provide a broad view of all aspects of the company’s operations, financial performance, and strategic direction.

Other qualifications and/or responsibilities include but are not limited to the following:

  • Independently develop and evaluate acquisition and new venture ideas, both within and outside the company’s existing areas of operation.
  • Collaborate with the Strategic Planning Group to prepare pro-forma financials for acquisition opportunities that pass initial screens.
  • Assist in the coordination and maintenance of operational timing and financial assumptions across departments including drilling, completions, engineering, production, marketing and Midstream.
  • Work closely with the Reservoir Engineering Group to assist in various reservoir modeling projects to aid operations and guide long-term planning.
  • Participate in various corporate planning evaluations including forecasting, development of a five-year strategic plan, economic sensitivities, project-return ranking, appraisal program economics and budget-related activities.
  • Assist in preparation of presentations and reports to senior Company executives, the Board of Directors, Rating Agencies and Wall Street Community.

Background Profile:

  • Bachelor’s Degree in Petroleum Engineering or a related discipline required.
  • Minimum of 5 years working for an oil and gas company, investment banking or consultancy with a preference of focus on Reservoir / Acquisition and Development (A&D). Experience in corporate finance or financial modeling is a plus.
  • Strong working knowledge of ARIES required.
  • Strong MS skills, especially Excel and PowerPoint, are required.
  • A high aptitude and an extreme attention to detail are key attributes of the successful candidate.
  • The individual should be a self-starter with the ability to interpret and analyze input data needed to forecast future company performance.
  • Candidates with experience in the San Joaquin Valley, Marcellus Shale and/or Utica Shale are highly preferred.
  • HSSE commitment and appreciation for interactions with other disciplines is a key attribute.
  • The successful candidate must be authorized to work in the United States.


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