Reservoir Engineering Technician — Plano, TX

at Beal Bank
Location Plano, Texas
Date Posted March 6, 2016
Category Reservoir Engineer
Job Type Permanent
Min. Years Experience Required 3


Job Description

CSG Investments is an affiliate of Beal Bank and Beal Bank USA, both multi-billion dollar financial institutions. CSG seeks to make direct investments in companies across multiple sectors. The Reservoir Engineering Technician will be responsible for working on a multi-disciplined team providing technical support and analysis.  This individual must be a team player and will be responsible for maintaining and populating engineering databases, supporting analytical work and coordinating the integration of various reservoirs and client field reviews.


-Create and maintain databases supporting basic reservoir engineering data and well performance

-Gather data for reservoir surveillance, volumetric calculations and production history matching

-Support preparation, execution and follow-up for reservoir analyses and well reviews

-Gather and manage data of new wells for pre and post-performance analyses

-Perform basic decline curve analysis for forecasting, type well analysis, and documentation of decline parameters for various reservoirs

-Gather and populate information in rate transient analysis models for engineering evaluations

-Assist Engineering staff with data management and integration support of pertinent files

-Must be flexible and able to multi-task to meet a wide range of demands from engineers
-Must be organized and driven to meet high pressure deadlines

-Must be able to recognize where added value could be achieved or efficiencies improved and reports to team accordingly

-Must be able to work with multiple teams and departments.

-Must be able to develop economic models for single well and full field development.

-Additional special projects and duties as directed by management may be included.

-Must be able to understand and discuss economic output with various team members with banking background.

-Create and update well PHDWin databases from central production database and public data such as IHS Energy and Drilling Info.  Must be able to perform comparison analysis of production imports.

-Setup and run PHD economic cases, production, prices, expenses, investments, ownership, taxes and reserve projections.  Must be able to make various data base economic runs to determine sensitivity to prices & expenses for various reserve reports.

-Gather data for loans documentation and engineering studies and input into Excel and PHDWin.

- Must be able to convert Aries Access data base into PhD Win Format as received.

-Run economics sensitivities as directed setup and update Excel spreadsheets with data and graphs.

-Build high level Presentations in Powerpoint.

-Excellent computer skills working in a time sensitive and accurate manner

Job Requirements

-Proficient in PHDWin, Aries, Microsoft Excel, Spotfire, Power point

-Economic modeling

-Knowledge of oil and gas terminology, data sources, and information types.

-Familiarity with regional and state regulatory websites and public data sources.

-Good verbal and written communications skills.

-Requires 3+ years of experience as a Reservoir Technician.

-PetroTech certification or Engineering, Math or Science Degree

Job Snapshot

Other PayDiscretionary Bonus
Employment TypeFull-Time
Job TypeBanking
EducationNot Specified
ExperienceAt least 3 year(s)
Manages OthersNot Specified
IndustryBanking - Financial Services
Required TravelNot Specified

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