LEKOIL Limited · 1 month ago
Reservoir Engineer
Houston, Texas, United States
Full-time
Onsite
Senior Level
6+ years expLEKOIL Limited is focused on developing its oil and gas portfolio, and they are seeking a Reservoir Engineer to conduct reservoir modeling and simulation studies while optimizing production. The role involves leading reservoir engineering activities, collaborating with various teams, and ensuring efficient operations to maximize reservoir performance.
BankingEnergyOil and Gas
No H1B
Responsibilities
Ensure that development plans consistently meet forecast expectations and deliver a strong economic outcome
Timely preparation of quarterly production volume forecasts to support economics for asset development
Lead reservoir engineering activities to assess, analyze, and optimize the performance of oil and gas reservoirs
Conduct reservoir simulation and modeling studies to predict reservoir behavior, production rates, and performance over time
Prepare reservoir engineering contributions for drilling and workover proposals
Develop and implement reservoir management strategies aimed at optimizing recovery, reducing costs, and enhancing production efficiency
Design and optimize field development plans, including drilling programs, well completion strategies, and production forecasting
Collaborate with geologists, geophysicists, petrophysicists and production technologists to ensure integrated solutions for reservoir optimization and field development
Perform reserve and resources estimation and reporting in compliance with industry standards and regulations
Monitor and evaluate ongoing reservoir performance, identifying opportunities for optimization or intervention
Stay up to date with industry trends, emerging technologies, and best practices in reservoir engineering
Prepare detailed technical reports, presentations, and analyses to communicate findings and recommendations to senior management and stakeholders
Preparation of technical reports, presentations, and performance summaries for senior management and stakeholders
Foster collaboration between the Subsurface team and other departments (e.g., Facilities, Well Engineering, operations) to ensure that all aspects of reservoir development and optimization are implemented
Provide mentorship and technical guidance to junior engineers and reservoir engineering teams
Lead reservoir engineering initiatives, ensuring adherence to best practices and high-quality standards
Develop own succession to allow further move to Asset Lead and/or Commercial roles
Assist in preparing and managing the reservoir engineering portion of the field development or project budget, including costs related to software, as well as well testing and data acquisition
Evaluate opportunities to optimize costs in reservoir engineering operations, such as more efficient modeling techniques, using less expensive software tools, or optimizing data acquisition and processing efforts
Perform cost-benefit analysis and economic evaluation of various reservoir management strategies, including well placements, enhanced oil recovery (EOR) methods, and new field development plans. Provide recommendations based on maximizing net present value (NPV) and internal rate of return (IRR)
Evaluate and recommend the most cost-effective reservoir development strategies, taking into account the expected production rates, capital costs, operating costs, and potential risks
Evaluate potential investments in reservoir-related projects, assessing the financial returns and risks associated with exploration, development, and production activities
Perform all other duties that are necessary and reasonably attached to this Reservoir Engineer position and the fulfillment of its responsibilities
Any other responsibilities as assigned by the OPL 310 Asset Lead
Qualification
Required
Bachelor's degree in petroleum engineering, Chemical Engineering, or a related discipline
A minimum of 6-10 years of experience in reservoir engineering in a major international oil and gas company
Extensive experience working in a variety of reservoir environments (e.g., conventional, unconventional, offshore, mature field)
Hands-on Expertise in reservoir simulation and modeling to predict long-term reservoir behavior, production rates, and performance forecasting
Extensive experience in reservoir management, field development, well reservoir intervention and surveillance
In-depth knowledge of fundamental reservoir engineering concepts, including fluid dynamics, rock-fluid interactions, pressure transient analysis, reservoir modeling, and well testing
Significant hands-on experience with field development strategies, well planning, and reservoir management in large-scale projects or complex reservoirs
Experience in managing multiple projects simultaneously, ensuring alignment with company objectives, timelines, and budget
Familiarity with industry standards, regulations, and best practices in reservoir engineering
Strong communication skills with the ability to present complex technical data to non-technical stakeholders
Demonstrated commitment to health, safety and environmental standards in all aspects of engineering work
Expertise in identifying and applying strategies to optimize production, including well performance evaluation, completion design, artificial lift systems, and production forecasting
Knowledge of production logging, nodal analysis, and other techniques to analyze well performance and suggest improvements
Familiarity with simulation history matching, and uncertainty quantification to improve model accuracy
Expertise in conducting economic evaluations for various development scenarios, including reserve estimation and financial modeling
Must reside and be eligible to work in the US
Must live within the Houston vicinity
Preferred
Post-graduate degree in a related discipline is an advantage
Certification of related courses
Showcase technical contributions in Petroleum and Reservoir Engineering through publications and mentoring programs
Company
LEKOIL Limited
LEKOIL Nigeria Limited is an Africa focused oil and gas exploration and production company which currently holds interests offshore Nigeria.
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$15M2017-04-05Post Ipo Debt· $15M
2013-05-17IPO
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