Posts Tagged ‘economic analysis’

Senior Reservoir Simulation Engineer Jobs (Advisor) Texas

Senior Reservoir Simulation Engineer Jobs (Advisor)

 

Senior Reservoir Simulation Engineer Jobs (Advisor) building reservoir simulation models to be used for reservoir characterization, production forecasting, and reserve projection assist in the formulation of field development plans based upon the results of the simulation models to maximize hydrocarbon recovery which includes looking at various IOR/EOR programs, and modeling project planning. Must be able to work within a multi-disciplinary integrated team and effectively communicate information and evaluations to team members and management in a timely manner. Will be required to mentor to the other disciplines.Essential Job Duties:
Perform reservoir simulation projects which include: 1) building reservoir simulation models to be used for reservoir characterization, production forecasting, and reserve projection, 2) assist in the formulation of field development plans based upon the results of the simulation models to maximize hydrocarbon recovery which includes looking at various IOR/EOR programs, and 3) modeling project planning. Must be able to work within a multi-disciplinary integrated team and effectively communicate information and evaluations to team members and management in a timely manner. Will be required to mentor to the other disciplines. 
Required Qualifications:
1. BS degree in Petroleum Engineering (or equivalent) with 15 years of Advanced Reservoir Engineering experience in the oil industry.
2. 10 years experience with reservoir simulation tools and techniques; preferably the ECLIPSE software.
3. Strong workstation skills and expertise with simulation software especially Eclipse applications.
4. Experience and ability in integrating geological, petrophysical, and engineering data for reservoir characterization.
5. Experience with advanced methods of static and dynamic reservoir characterization.
6. Understanding of data uncertainties which influence modeling and business decisions.
7. Ability to interact effectively with cross functional team members (geoscientists, operations, drilling and facilities engineers).
8. Ability to manage multiple projects simultaneously.
9. Good communication skills (written and oral).
10. Ability to mentor to the multi discipline staff members.
11. Must possess good business acumen skills .
12. International travel required.
Additional Desired Qualifications:
1. Experience with the use and application of compositional models and tools. Broad understanding of geological modeling.
2. Experience in field exploitation and field development.
3. Broad familiarity with field operations covering primary and secondary recovery techniques.
4. Prior experience with major project design and performance evaluation.

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Tags: E&P, ECLISPE, EOR, IOR, oil, petroleum engineer, Petroleum Engineering, reservoir engineer, Simulation Engineer

Reservoir Engineering Tech Jobs Houston Texas TX

Reservoir Engineering Tech

  

 

Houston, Texas

Base Salary: $90K-$100K plus target bonus of 20-25% plus Sign-On Bonus 

  

Our client is seeking an experienced reservoir engineering tech to work with the corporate reserves team in managing reserves, economics, and company financials. The selected candidate will be responsible for providing technical, economic and analytical support to the Executive Management team.  Responsibilities include maintaining, documenting and providing economic cash flows; project economics; year-end and midyear reserve reports/reconciliations; budget reports; bank and SEC reports, and assistance with acquisition and divestiture projects.  The ideal candidate must possess the ability to work with a multi-functional team and have experience in working with accounting, operations, tax, and production groups.  The candidate must also possess excellent interpersonal skills and be able to prioritize projects and work in a fast-paced environment. 

  

The ideal candidate should possess superior skills and ability in economic software such as PHDWin, understand economic analysis and the resulting metrics; have 5-15+ years of Reservoir Tech experience with an operating company; and the ability to work well with limited supervision.  The candidate should be proficient in MS Office, including Excel and Access, and be familiar with production and accounting systems.

 

Responsibilities will include:

 

1.      Managing the Company’s corporate reserves database

2.      Supporting the company’s engineering and executive team in evaluating drilling as well as acquisition, and divestiture opportunities

3.      Building and modeling cases in PHDWin using both economic and projection parameters.

4.      Updating and editing cases within PHDWin including reserve class/cat transfers and revisions.

5.      Running economics and scenarios on proposed wells and projects.

6.      Maintaining a list of reserve case adds & revisions in an Excel spreadsheet.

7.      Maintaining Excel spreadsheets and datasets with PHDWin data on reserve and economic parameters.

8.      Building and linking spreadsheets and datasets for variance, revision, and comparison purposes.

9.      Maintaining graphs, charts, and reports for Executive Management and corporate presentation purposes.

10.   Create, maintain, and assist with departmental files and data distribution to team members, departments, and outside parties.

 

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