Verdun Oil Company · 1 day ago
OBO Reservoir Engineer
Houston, TX
Full-time
Onsite
Mid, Senior Level
3+ years expVerdun Oil Company is seeking an OBO Reservoir Engineer to manage all Operated by Others reservoir engineering responsibilities. The role involves evaluating capital spending projects, conducting economic analyses, and collaborating with asset teams to ensure effective reservoir management and asset evaluations.
EnergyIndustrialOil and Gas
Responsibilities
Responsible for reserve determinations, economic evaluations, field studies, and management presentations
Responsible for ensuring the reservoir models for the project are realistic and supported by appropriate data, interpretations, and modeling
Responsible for working within a multi-disciplinary environment to provide reservoir behavior input for the development of producing assets within the OBO areas of the company
Responsible for active participation in new opportunity assessment projects
Responsible for the review, verification, and approval of all JIB statements from partners
Responsible for reserve booking strategies and implementation
Responsible for economic analysis of all projects and AFEs
Responsible for the maintenance of proved reserves in ARIES
Responsible for the preparation and presentation of value recommendations for oil and gas properties
Will act as liaison between management and outside operators to ensure Verdun’s interests are represented and protected
Will interface daily with outside operators, asset teams, midstream, and finance to understand well performance, costs, and fees
Assist the Reserves team with year-end, RBL databases, and reporting materials
Assist with acquisition and divestment economics and due diligence participation
Assist in reporting and benchmarking the cost performance of outside operators
All other duties and tasks as assigned by the direct supervisor or manager
Qualification
Required
Bachelor's degree in Petroleum Engineering or other with industry experience from an accredited four-year university or college
3-7 years of reservoir engineering experience or an equivalent combination of education and experience
At least one year of experience with acquisition and divestiture evaluations at an operating company or bank
Process complex mathematical calculations
Understand and recognize relationships and outputs from large and complex data sets
Strong knowledge of Aries
Strong knowledge of Excel / VBA / Power Pivot / Data Models
Strong knowledge of SQL / Other databases
Strong knowledge of DCA software (Q Engineering, ComboCurve)
Strong knowledge of Enverus
Strong knowledge of IHS suite
Strong knowledge of RTA
Strong knowledge of Spotfire
Strong knowledge of Power BI
Company
Verdun Oil Company
Verdun Oil Company is an oil and gas company that focuses on acquiring and developing oil and gas assets.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$250M2015-12-29Private Equity· $250M
Leadership Team
T
Tim Nein
President & CEO
Recent News
Company data provided by crunchbase