|Location||Dallas, United States|
|Date Posted||September 16, 2019|
Req ID: 52201
Areas of Interest: Professional
Recruiter: Aimee J Schwartz
Hiring Manager: Simon Bidwell
Job Grade: 06
At BOK Financial (BOKF), our employees are our most important asset and our growth over the years wouldn’t have been possible without our dedicated and talented work force. We know everyone has specific career goals. It’s what motivates us each day and why we’re invested in working with you. .
The Senior Petroleum Engineer is primarily responsible for complex evaluations of oil and gas producing properties along with gas processing facilities; determines their present worth value, loan value and loan repayment capacity; relates the results of the appraisals to the Account Managers in order to determine collateral value for each. Provides supervision and guidance of Engineering Department personnel.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Performs complex analysis of individual well historical performance and/or processing facilities; includes confirmation of operating expenses and other required data necessary to perform evaluation; makes predictions regarding future production of oil and gas reserves; evaluates probable well production rate during natural or stimulated-flow production phases; identifies reasons for historical production or processing irregularities to determine if these will impact future performance thereby affecting value of the property.
Supervises work of Engineering support staff; determines work priorities; schedules work assignments.
Calculates loan value, half-life of properties, and other required loan data; writes reports of oil and gas well evaluations and and/or processing facilities for review by Account Mgr to provide them with supporting data needed to structure a loan; compares the results with outside reports; discusses findings with Account Mgrs to notify of oil and gas production problems and processing complications.
Prepares engineering data for input in to computer systems in order to run economic analysis of oil/gas properties and/or processing systems.
Reviews outside engineering reports and company sales, income and expense reports. Occasionally travels to borrower’s place of business to discuss engineering.
Performs independent research and studies relating to oil and gas prices and interpretations, i.e., prepares oil and gas reservoir studies as needed and interpret available engineering data.
KNOWLEDGE, SKILLS and ABILITIES:
Extensive knowledge and understanding of oil and gas production and terminology
Extensive knowledge of oil and gas economics
Extensive knowledge of petroleum economic analysis (i.e. Aries and PHDWin)
Thorough knowledge of commercial on-line data bases (i.e. IHS or DI)
General knowledge of commercial loan operations
Excellent communication skills with the ability to prepare written reports and presentations
Excellent PC skills including knowledge of word processing, spreadsheet applications and databases.
This level of knowledge is normally acquired through completion of a Bachelors Degree in Petroleum Engineering and 8+ years experience in oil and gas industry; or 8+ years of equivalent work related experience. Preferred: PE Certification
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!
Apply today and take the first step towards your next career opportunity!
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Attention All Third Party Agencies, Headhunters, and Recruiters
BOK Financial and its Subsidiaries will not accept candidate submission by unsolicited third parties through this site or any company email address. All unsolicited candidates presented to BOK Financial and its Subsidiaries will be considered the property of BOK Financial. BOK Financial and its Subsidiaries will not be responsible for any fees associated with unsolicited candidates, nor will a contractual relationship be formed by the submission. BOK Financial and its Subsidiaries are not obligated and will not under any circumstances pay any fees to said third parties submitting candidates in this manner. BOK Financial and its Subsidiaries only forms contracts with recruiters with whom we have an established business relationship and with whom we have in place a signed agreement. All contact with BOK Financial and its Subsidiaries from third parties must be through our Human Resources Department. Any contact made outside of the BOK Financial Human Resources Department by a third party will cancel any future business relationships between the third party and BOK Financial.
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