Reservoir Engineer
Midland, MI - USA
Job Summary
Job Description:
Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer reporting to the Reservoir Engineering Manager in Midland Texas. This position will be responsible for providing reservoir engineering support for a variety of projects (as detailed below).The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working on a multi-disciplinary team. There is flexibility with the level and title of this role depending on the candidates skillset qualifications and capabilities.
General Responsibilities
- Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PRs Delaware Basin Assets
- Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis decline curve analysis material balance volumetrics etc.
- Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon
- Collaborate with team to analyze completion and production practices that optimize value across acreage position
- Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
- Support Reserves Manager in analysis of quarterly reserves update and biannual bank redeterminations
- Analyze reserves and value of potential acquisitions divestitures and trades and integrate with multidisciplinary team to execute on A&D strategy
- Work with Finance team to maintain long term budget forecast and update type curve PDP and expense forecasts regularly
- Other duties as assigned
Minimum Qualifications
- BS in Engineering and 4 years of oil and gas engineering experience
- Proficiency in ARIES and Microsoft Office
- Must have relevant reservoir engineering experience with unconventional resource plays
- Must be self-motivated and capable of independently integrating within multi-disciplinary teams
- Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization
Preferred Qualifications
- Some operations experience (production completions drilling etc.)
- 2 years of reservoir engineering experience
- Working knowledge of Spotfire ComboCurve and Whitson (RTA)
- Experience working the Delaware Basin
Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Required Experience:
IC
About Company
Permian Resources is an independent oil & natural gas company focused on generating outsized returns through the acquisition, optimization & development of oil & liquids-rich natural gas assets.