|Location||Oklahoma City, Oklahoma|
|Date Posted||August 2, 2015|
|Min. Years Experience Required||5|
Provide reservoir engineering and economic evaluation support to geologists, landmen and production engineers for analysis of potential resource development. Establish resource potential and probability of success based upon sound engineering principles. Generate risked economics for screening and ranking prospects. Maintain an accurate inventory of proved, probable and possible reserves and work with operations/land to timely develop these resources. Forecast ultimate recovery for existing and future wells for reserve reporting purposes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Provide engineering support for geologists, production engineers and landmen as a member of a multi-disciplined asset team executing an active drilling plan.
Perform reserves and economic evaluations of drilling, recompletion, workover and acquisition opportunities.
Evaluate reservoir potential and determine performance potential from analogy studies.
Analyze data to make well-founded recommendations and effectively communicate the analysis.
Provide exhibits and expert testimony at regulatory hearings supporting company projects.
Prepare reserve/economic analysis for budgets, year-end SEC reserve reports and acquisition evaluations.
Analyze well data and identify behind pipe potential. Maintain inventory of behind pipe potential with reserve and economic value estimates.
Participate in the identification, evaluation, planning and execution of a resource play focused growth strategy.
Analyze normalized average production profiles and develop type curves economics for various geologic plays.
Analyze production performance resulting from different completion techniques and determine the best completion technique based on incremental economics.
Forecast production for appropriate gathering lines, compressor stations and processing plants.
SPECIALIZED KNOWLEDGE, SKILLS & ABILITIES
Outstanding verbal, written and presentation skills coupled with a strong work ethic.
Ability to calculate well EURs volumetrically as well as using decline curve projections needed to forecast reserve recoveries from reservoirs.
Knowledge of SEC reserve reporting guidelines and their application
Solid working knowledge of economic programs (PhdWin or similar industry software) required
Ability to mentor and direct inexperienced engineers and technicians.
EDUCATION and/or EXPERIENCE
Minimum of a Bachelor of Science in Petroleum Engineering or related engineering discipline.
Must possess a minimum of 5 years of industry experience.
CERTIFICATES, LICENSES, REGISTRATIONS
Registered Professional Engineer a plus.