Crescent Energy · 8 hours ago
Principal Reserves Engineer
Houston, TX
Full-time
Onsite
Senior Level, Lead/Staff
3+ years expCrescent Energy is a differentiated U.S. energy company committed to delivering value through disciplined growth strategies. The Reserves Engineer is responsible for evaluating and reporting oil and gas reserves, ensuring compliance with SEC guidelines, and collaborating with various teams to support corporate strategies.
EnergyEnergy EfficiencyOil and Gas
Responsibilities
Perform reserves evaluations and prepare annual reserves reports in compliance with SEC regulations and company policies
Conduct decline curve, material balance, rate transient analysis, volumetric, and other engineering analyses to estimate oil, gas, and NGL reserves
Collaborate with geologists, reservoir engineers, and operations to validate technical and economic assumptions
Maintain and update reserves databases and economic models (e.g., ARIES)
Support the preparation of external reserves audits and third-party engineering reviews
Provide input for corporate planning, investor relations, and reserve-based lending requirements
Monitor well performance, recovery factors, and economic cutoffs to ensure accurate forecasts
Assist in evaluating development projects, acquisition opportunities, and divestitures from a reserve’s perspective
Prepare management presentations summarizing reserves results, trends, and assumptions
Ensure reserves reporting adheres to SEC, SOX, and internal control requirements
Qualification
Required
Bachelor's degree in Petroleum Engineering or related engineering discipline
3–7 years of experience in reservoir or reserves engineering within the upstream oil & gas industry
Ability to work independently and within a team environment
Strong technical understanding of reservoir engineering fundamentals, production forecasting, and economic evaluation
Proficiency with reserves and economics software (e.g., ARIES, PHDWin, or equivalent) and reservoir engineering software (Whitson+, Combocurve)
Familiarity with SEC guidelines and reserves classification standards (SPE-PRMS, SEC definitions)
Detail-oriented with ability to meet deadlines and manage multiple projects
Preferred
Advanced Excel skills & experience with database management preferred
Company
Crescent Energy
Crescent Energy is an energy company delivering value for shareholders through acquisition strategy and consistent return of capital.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$5.18B2025-10-22Post Ipo Debt· $1.3B
2025-06-23Post Ipo Debt· $600M
2024-12-03Post Ipo Debt· $400M
Leadership Team
David Rockecharlie
Chief Executive Officer
Recent News
Investing.com
2025-12-21
2025-12-15
2025-12-15
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