Production Engineer
Houston, TX - USA
Department:
Job Summary
The Production Engineer will be responsible for the effective production of wells in an assigned asset. This includes working with other employees and reviewing the wells to identify opportunities to increase the value or cash flow of the asset. Projects will be focused on increasing production from existing wells bringing on-line newly completed wells reducing expenses across the operation optimizing artificial lift or preparing AFEs and workover procedures. This person will also provide support to field operations to work in a safe and environmentally responsible manner while complying with all applicable regulations.
Responsibilities:
- Take ownership of the base production performance of the assigned area.
- Conduct reviews and optimization of existing producing wells to maximize value and cash flow of current assets.
- Optimize existing artificial lift systems including gas lift plunger lift rod pump jet pump and ESP.
- Optimize compressor configurations throughout the field.
- Monitor early flowback and production of recently completed wells. Interact with other technical disciplines and field personnel to continuously improve new well productivity.
- Track production variance well failures and other relevant data points to further optimize field operations.
- Evaluate new artificial lift systems and recommend implementation as appropriate.
- Interface with field operations team and provide ongoing engineering support
- Monitor production trends lead troubleshooting of problem wells and design workover programs as necessary.
- Review and write technical recommendations for engineering and management personnel.
- Update best practices and work with Engineering and Optimization teams to apply Continuous Process Improvement concepts.
- Support Supply Chain department in procurement activities including regular vendor meetings Request for Proposal (RFP) and performance feedback.
- Prepare monthly LOE accruals and forecasts and verify production volumes for monthly accruals.
- Provide engineering support as needed for bolt on acquisitions or new basin development opportunities.
Qualifications:
- Bachelors degree in Engineering required.
- Field-based operations experience in Production or Completions is highly desired.
- 5 years experience working as a Production or Completions Engineer in Unconventional reservoirs preferred.
- Working knowledge of government regulations and permitting requirements.
- Understanding of Compression Gas Lift Rod Pump and Plunger Lift artificial lift systems.
- Understanding of typical upstream facility operations and process flow is a plus.
At Magnolia our employees drive our strategy and our success. As a team we engage energize and inspire each other to deliver top performance. We offer an exciting results-focused workplace highly competitive compensation and benefits and a range of opportunities for career growth. Help us build a winning company that safeguards workers and the environment enhances careers strengthens local communities and increases value for all stakeholders.
Magnolia Oil & Gas is proud to be an Equal Employment Opportunity Employer:
Employment decisions are based on business need job requirements and individual qualifications without regard to race religion color national origin gender (including pregnancy) age status as a protected veteran status as an individual with a disability or any other status protected by the laws or regulations in the locations which we operate. Magnolia Oil & Gas will not tolerate discrimination or harassment based on any of these characteristics. If you need assistance or an accommodation due to a disability you may contact us at.
Notice to Third Party Agencies:
Please note that Magnolia Oil & Gas does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement Magnolia Oil & Gas wont consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement Magnolia Oil & Gas explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes including those submitted to hiring managers are deemed to be the property of Magnolia Oil & Gas.
Required Experience:
IC
About Company
Magnolia Oil & Gas is an independent oil producer with assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. Our objective is to maximize shareholder returns by generating steady production growth, strong pre-tax margins, and significant free cash flow.