Senior Reservoir Engineering Specialist in Budapest, Hungary

at MOL
Location Budapest, Hungary
Date Posted September 11, 2019
Category Reservoir Engineer
Job Type Permanent


BudapestFolyamatosMOL Group is an independent and international oil and gas company, headquartered in Budapest, Hungary. It is active in over 40 countries with a dynamic international workforce

of 26,000 people and a track record of more than 100 years in the industry.

MOL Group has over 75 years of experience in exploration and production. Its diverse portfolio includes oil and gas exploration and production assets in 14 countries, with production activity in 8 countries. MOL Group is committed to doing business responsibly and sustainably, supporting communities and striving to meet the best possible health, safety and security standards wherever it operates.

We are looking for a

Senior Reservoir Engineering Specialist


The Senior Reservoir Engineering Specialist is expected to be a technical leader within the Group’s Reservoir Engineering job family specifically in analytical RE tasks and dynamic reservoir modeling. This individual will be a fully independent contributor to projects, and have the technical and communication skills ability to interface directly (non-supervised) with internal and external stakeholders on Reservoir Engineering topics. The scope includes all significant touch points for Reservoir Engineering, and, specifically, late appraisal to development reservoir studies and PRMS/SPE reserve estimations. This individual will work together with integrated Subsurface Teams, occasionally perform stand-alone assessments, and with operations staff, external parties, and internal Senior Management on occasion.

Responsible for supporting the Subsurface study teams, and for delivering Reservoir Engineering solutions to the Company globally

Lead Reservoir Engineering activities for specific CEE and International operations and projects

Support field development studies including pre-simulation studies, dynamic reservoir model builds (both material balance and 3D numerical modeling), conceptual development planning (well counts, spacing, etc.), and production forecasting

Assist in drafting subsurface sections of Field Development Plans (FDPs)

Support Development Geoscience Team with static model builds, as necessary

Provide Reservoir Engineering support for core studies, and lead PVT analyses and associated studies

Provide occasional well test plans, ops office support, and well test analyses for Development, Exploration & Appraisal wells

Provide support for Business Development assessments, as necessary

Assist with QA/QC of Reservoir Engineering deliverables, and with stage-gate and technical assurance processes

Assist in leading yearly internal reserve assessments in compliance with SPE guidelines & PRMS including coordination of the process with the CEE and International Business Units

Occasional interfacing with Partners at Technical Committee Meetings (TCM) on various CEE and International assets, etc.

Ensures full collaboration and effective communication of Reservoir Engineering activities within the integrated project teams, and with the associated OpCos

Mentor junior staff, and assist with ensuring Reservoir Engineering excellence and best practices


Degree in Engineering (Chemical, Mechanical, or Petroleum)

Minimum 10 years relevant experience in Reservoir and/or Petroleum Engineering studies and operations

Experience with stage gate processes, development studies, field development plans (FDPs), and reserve management systems

Expert level in black oil and compositional numerical simulations

Prior experience with mentoring of young Engineers

Analytical and classical RE skills

Prior experience with a recognized IOC as an operator

Prior experience with mature field redevelopment a plus

People leadership: proven track record in leading multidisciplinary study teams to superior economic results

Thought leadership: publishes peer reviewed papers, is member and serves in industry associations

An effective team player with drive, initiative, integrity, multi-cultural experience, and excellent communication skills

Experience with Eclipse, Petrel RE, Kappa suite, Petroleum Experts suite, as well as, MS Office suite

Fluent English

Basic petroleum economics


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