What are the responsibilities and job description for the Petroleum Engineer position at Opportune?
Position Description:
The Petroleum Engineer is a mid-level position suitable for a person interested in a career in reservoir engineering and property evaluation.
The position is a member of the Opportune's petroleum engineering firm, Ralph E. Davis LLC (RED) and reports to the president of RED. In addition to serving RED's third-party clients, the job also involves supporting other service lines within Opportune. Those projects cover a wide range of consulting activity including investment banking, restructuring, valuation, strategic advisory, tax and litigation support.
The most important attributes of the successful candidate will be responsiveness, nimbleness, analytical thinking, ability to effectively manage multiple projects, and high attention to detail and accuracy. RED operates in a fast-paced environment that requires dedication to developing new skills and finding new ways to solve problems. Working groups are fluid and the ability to be a trusted and effective team player on multiple teams simultaneously is very important.
Responsibilities include, but are not limited to, the following:
- Fundamental knowledge of cash flow, economics and rate of return
- Preparing production forecasts of producing, non-producing and undeveloped reservoirs using a variety of petroleum engineering techniques
- Reviewing historical lease operating data to estimating future economic parameters
- Creating type curves
- Creating and managing petroleum economics databases in Aries and PHDWin, at a minimum
- Assisting in the preparation of client presentations and reports
Qualifications:
The position requires the use of following software programs. Previous experience with them is a plus.
- Petroleum economics - Aries, PHDWin
- Spreadsheet - MS Excel
- Presentation - MS PowerPoint
- Database - MS Access
- Visualization - Spotfire
- Oil and gas data - Enverus
Education & Experience
- Four year degree in engineering, preferably petroleum engineering; recipients of mechanical and chemical engineering degrees will also be considered; EIT registration preferred
- 5 years' experience
Location:
Downtown Houston in the Pennzoil Building.
Compensation & Benefits:
Competitive compensation based on experience, health, dental, life, and disability insurance, subsidized parking, a 401(k) plan, and an annual performance bonus.