Reservoir Engineer

Position Type: Direct Hire

Position Location: Dallas, TX

Position Salary: $160,000 - $180,000 (Depending on Experience) + Bonus

Responsibilities:

• Private investment firm focused on upstream oil and gas investments, with an initial concentration on North America, Latin America, and the Middle East
• Responsible for assisting the technical team in several areas including but not limited to production monitoring and forecasting, type curve creation, LOS analysis, capex analysis, JIB reviews, reserves reporting, asset evaluations, and A&D market surveillance.
• Act as a liaison between the technical team and the finance team to convert reserve report statements into outputs suitable for corporate level returns models. A comprehensive understanding of petroleum economics and associated inputs are required.
• The successful candidate will be comfortable in a fast-paced environment with changing priorities from a multi-disciplined team and will be expected to adapt to the business needs in various capacities (learning new software, assisting other departments, etc.).
• The position will initially be focused on managing existing assets as well as assisting business development efforts and basin studies to grow the portfolio.
• Build, manage, update, and manipulate reserves databases in ARIES and ComboCurve to generate cash flow statements and build out full field development models to determine rate of return and economic values of acquisition targets, producing assets, and new drilling programs.
• Review and interpret operator data from public and private sources (LOS, AFEs, marketing contracts, operational parameters, etc.)
• Analyze drilling, completion, and production data from multiple proprietary and public sources and incorporate findings into acquisition evaluations.
• Work with operating partners to identify procedures, practices, and potential targets to maximize the value of assets.
• Utilize reserves management software to generate and maintain evergreen type curves and projections based on public and private oil and gas data to determine rate of return and economic values of producing assets and leases.
• Perform basin studies to identify trends and production characteristics.
• Produce reserve data, comparisons, and reconciliations to understand asset valuations and changes to valuations over time.
• Research public oil and gas records to analyze production and performance drivers within areas of interest.
• Create summaries and presentation materials of technical work for Investment Committee meetings.

Requirements

• Bachelor's degree in engineering required; Higher Education is a plus.
• 5+ years of experience with at least 3 years of experience in a Reservoir Engineering role (BD or Asset Management focus)
• Experience in operations or production preferred.
• Highly proficient with ARIES, MS Office, and Enverus
• Proven track record of handling multiple projects concurrently under tight deadlines
• Strong analytical and organizational skills
• Direct experience in decline curve analysis, type curve generation, economic evaluation, reserves, well surveillance, and statistical analysis
• Some travel may be required (data rooms, conferences, etc.)
• Flexible to work a variety of hours which could include nights and weekends as business needs dictate,

Benefits:

• Full Benefits - (Medical, Dental, Vision)
• 401K + Matching
• Bonuses
• Relocation Assistance (Applicable If Needed)

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With company roots going back over 30 years, Advantage Technical is an engineering and information technology services company and a national leader in the provision of technical resources today. These services include Staff Augmentation, Direct Placement, Project Resourcing and Outsourcing - delivered from 40 key market locations, by over 3500 specialized contractors, to over 500 clients across North America. Advantage Technical is a Best of Staffing Diamond Award winner for both Clients and Talent. For more information about the industries and services offered by Advantage Technical, please visit .

Advantage Technical is committed to providing equal employment opportunity for all persons regardless of race, color, religion (including religious dress and grooming practices), sex, sexual orientation, gender, gender identity, gender expression, age, marital status, national origin, ancestry, citizenship status, pregnancy, medical condition, genetic information, mental and physical disability, political affiliation, union membership, status as a parent, military or veteran status or other non-merit based factors. We will provide reasonable accommodations throughout the application, interviewing and employment process. If you require a reasonable accommodation, contact us. Advantage Technical is an E-Verify employer. This policy is applicable to all phases of the employment relationship, including hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms and conditions of employment.

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