|Location||Midland, United States|
|Date Posted||April 1, 2017|
|Min. Years Experience Required||5|
The Sr. Reservoir Engineer will assume a leadership role to optimize the development plans of the newly acquired Permian Basin asset. The engineer will strive for continual improvement for the asset by providing detailed technical analysis, economic analysis and recommendations on development projects. This position operates under limited review while handling assignments of a broad scope and moderate difficulty.
Essential Roles and Responsibilities:
- Develop correlations between geological and completion variables and well performance.
- Integrate learnings with the goal to increase asset value for each drilling cycle.
- Evaluate oil and gas reserves for all cases at mid-year and year-end.
- Initiate reservoir studies of existing assets to determine completion and spacing improvements.
- Incorporates advanced production analysis in to workflow for well evaluation and forecasting purposes.
- Analyze the asset with a holistic tool kit including rate or pressure transient analysis, volumetrics, analytical or numerical modeling and decline curve analysis.
- Prepare and update asset business plans and budgets.
- Coordinate the creation of AFE’s to execute development plans.
- Provide estimations of resource volumes and recoverable hydrocarbons using both probabilistic and deterministic volumetrics, EURs and recovery factors.
- Strong Spotfire, Aries, and Fekete skills. Experience with simulation for development planning would be a large plus.
- Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities.
Proficient and strong level of skill in Microsoft Office, including Excel. Effectively utilize Spotfire to increase analytical speed and efficiency. Proficient and strong knowledge of Aries or other economic evaluation software programs. Proficient and strong working knowledge of IHS Decline Plus and/or advanced production data analysis tools. Proficient and strong working knowledge of analytical models in RTA and Welltest. Experience with industry/company software including Welltest, AVM, Wellview, Crystal Ball, Perform.
Role-Specific Technical Knowledge & Skills:
Experience with development of a variety of unconventional resource plays. Command of fundamental reservoir engineering disciplines including decline curve analysis (DCA), rate transient analysis (RTA), volumetrics, recoveries, fluid behavior, simple analytical history matching, and flow regime identification. Proficient and strong understanding of Pressure-Temperatures phase diagrams for practical purposes. Proficient and strong understanding of probabilistic and deterministic methods. Can easily identify limitations in data set and range in certainty of results. Proficient and strong understanding principles of flow in porous media including capillary pressure, Darcy's law, and relative permeability. Familiar with core analysis and petro-physical evaluations. Proficient and strong knowledge / experience relating to relating to geochemistry, operations, geological interpretation, well data integration, petrophysics and seismic attributes.
B.S. degree in Engineering is required
5-10 years of reservoir engineering experience