Senior Reservoir Engineer

POSITION SUMMARY

The Senior Reservoir Engineer provides subsurface evaluation and analysis to optimize the economic development, production, and recovery of Jonah Energy’s Permian Basin (Delaware) assets, and other assets as needed. The Sr. Reservoir Engineer may also perform exploration and A&D evaluations and assist in the corporate reserves and planning processes. This position collaborates closely with the broader development and operations teams in the Denver office, and reports to the Vice President of Reservoir Engineering & Geology.

ESSENTIAL RESPONSIBILITIES

• Drive innovation to extract value from conventional and unconventional assets.
• Guide development decisions for an active drilling program by addressing and incorporating input from the organization to prepare project justification in a timely fashion. Collaborate with the development and operations teams to evaluate and optimize recovery efficiency, completion design and well spacing.
• Develop/organize/contribute to internal efforts on data analytics, efficiency and quality control improvements, benchmarking, research, and new application development. Work with personnel to implement these solutions.
• Utilize multiple methods for evaluation, including decline-curve analysis, rate transient analysis, material balance, and numerical and analytical modeling. Understanding reservoir drive mechanisms, fluid characterization, and volumetric behavior of reservoirs and in-situ fluids is essential.
• Perform economic modeling and analysis of future production streams through cash flow analysis and the time value of money. Conduct quality control checks, verify accuracy of cash flows, and perform quality control of detailed production, pricing, and cost inputs. Prepare presentations and formal written reports.
• Manage and coordinate projects (reserves/resources, technical reservoir studies), including taking a lead role in projects involving complex situations and ensuring that timelines are met, and issues are resolved.
• Evaluate petroleum reservoir fluid properties, apply the principles of fluid flow through porous media, analyze data pertaining to rock properties, and estimate the recovery of hydrocarbons from subsurface reservoirs.
• Perform, review, and supervise reservoir studies to track reservoir performance as compared to predicted performance - develop optimal schedules and forecasts of individual reservoir deliverability.
• Perform evaluations for business development and acquisition opportunities.
• Assist in generation and review of inputs and outputs on third party and internal reserve reports.
• Collaborate with third party consultants to provide strategic guidance and technical support on regulatory applications (WOGCC, BLM, Texas Railroad etc.).
• Provide mentorship to staff throughout the development and operations teams.
• Maintain respectful and productive working relationships within and across all work groups, ensuring effective collaboration and cooperation.
• Create a work environment that is consistent with the company’s Purpose, Vision & Core Values.

OTHER DUTIES

• Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal network, and participating in professional organizations.
• Travel to the field and evaluate business development opportunities on an as-needed basis.
• Perform other duties and projects assigned to support the success of the department and company.

SUPERVISORY RESPONSIBILITIES

• None

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES

• Advanced reservoir engineering: reserves, type well (curve) generation, rate transient analysis, material balance, volumetrics, petrophysics, statistical analysis, risk and uncertainty analysis, parent-child well interaction determination / depletion impact, development planning.
• Experience working across multiple basins
• Strong understanding of economic analysis and reserve estimation.
• Comfortable working with large amounts of data and at times ambiguous data.
• Advanced proficiency in Aries, ComboCurve, Excel, MS Access, and Spotfire.
• Advanced proficiency using Whitson (or Harmony) and recent experience performing rate transient analysis with these tools is highly desirable.
• Intermediate or better with SQL programming and VBA programming.
• Familiarity with geologic software (Petra, Geographix, etc.) and/or working with shape files.
• Experience with asset evaluations for acquisition opportunities.
• Knowledgeable about SEC reserve reporting standards.
• Familiarity with regulatory applications requirements and associated technical support.
• Collaborate with a broad range of disciplines to execute on plan.
• Self-starter with the ability to work in a lean team with varying degrees of direction; works well under pressure and with a variety of projects.
• Strong analytical skills with attention to detail and ability to work efficiently with large datasets.
• Strong business and financial acumen.
• Excellent verbal and written communication skills; effectively converse with all levels of the company, customers, business associates.
• Professional integrity and accountability.
• Flexible to navigate the changes of a fast-paced, growing organization.

REQUIRED EDUCATION AND QUALIFICATIONS

• Bachelor of Science degree in Engineering.
• 8-15 years of experience with at least 7 years of reservoir engineering experience in the Oil and Gas industry, including at least 3 years in A&D evaluations.
• Experience with projecting estimates of future production from reservoirs and evaluating the value of such streams.

REQUIRED CERTIFICATIONS AND LICENSES

• None

PREFERRED KNOWLEDGE, SKILLS, AND ABILITIES

• Experience developing / evaluating Wolfcamp / Bone Springs intervals; Delaware Basin experience is preferred
• Experience in programming, data analytics, and data pipeline engineering.
• Direct experience with Permian Basin unconventional formations or experience with oil resource plays in other basins.

PREFERRED EDUCATION AND QUALIFICATIONS

• BS Engineering, Petroleum, Chemical, Mechanical, or Electrical.

PREFERRED CERTIFICATIONS AND LICENSES

• PE – Professional Engineer is a plus but not required.

POSITION SCOPE & IMPACT

• Individual contributor with impact on department and companywide asset development.

WORK ENVIRONMENT

• Work in a climate-controlled office and routinely use standard office equipment.

TRAVEL

• Up to 5%, as business requires.

PHYSICAL REQUIREMENTS

Jonah Energy determines the salary level for potential new employees by considering a candidate's experience, skills, and education, along with the position's work location, external market conditions and internal pay equity.

This position is eligible for a 9/80 hybrid work schedule after 30-days of employment. Work is performed at office on Tuesdays through Thursdays, remote work on Mondays and Fridays. 

We offer a comprehensive benefit package including generous PTO, 401k match and discretionary profit sharing, tuition assistance, professional development, and eligibility for short- and long-term incentive program.  Additionally, eligible employees may enroll in health, dental, vision and life insurance on their first day of employment and elect from several voluntary group benefits.  As an employee you have the opportunity to make a difference in a company where your position is critical to project success!

It has been and will continue to be the policy of Jonah Energy LLC not to discriminate against any employee or applicant for employment because of their race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender expression, veteran status, disability, or other legally protected status.  Employment is contingent upon successful completion of pre-employment screenings.

Salary : $134,928 - $202,392