Reservoir Engineer- Midland Basin

About the job Business Development Manager

At VEBT, employees are our No. 1 investment. We are looking for a high functioning, detail-oriented professional who can juggle various tasks with accuracy and is interested in molding their career with an award-winning, growing company.

Duties and Responsibilities

• Identify and evaluate technical and economic merits for active development program and ensuring timely execution of field exploitation plans.
• Perform production and completion optimization analysis using advanced RTA to sensitize on variables impacting well performance and inform type curves and spacing / stacking development strategies
• Perform advanced economic analysis to optimize and evaluate feasibility of future projects, including considerations for capital, expense, and incremental economics.
• Lead pad flow streams meetings with extended asset team to review flowback strategy and production targets for upcoming pads
• Utilize surveillance tools to monitor and diagnose production performance and make recommendations to production operations as necessary to maximize value and minimize operational downtime
• Recommend data gathering and testing programs to improve understanding of well and reservoir performance such as acquisition of DFITs, petrophysical and production logs
• Support planning and finance with all business outlooks / budget forecasting and Long Rang Plan
• Conduct Year End SEC reserves booking for Proved Reserves}

Qualifications

• Must be legally authorized to work in the United States on a full-time basis for anyone other than current employer
• Bachelor's degree or higher in Engineering, other related business field, other related technical field, or foreign equivalent
• 5+ years of experience in exploration and/or development positions in the upstream oil and gas industry
• 3+ years of experience as a reservoir engineer

Preferred:

• 2+ years of experience with unconventional reservoirs and good understanding of hydraulic fracturing and well communication
• Experience with production and pressure transient analysis tools
• Experience with evaluating acquisitions, divestitures, and acreage trades
• Proficient understanding of DCA techniques and fluid flow regime classification
• Demonstration of strong social skills and ability to work effectively within multi-functional teams supporting concurrent projects
• Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals
• Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what is right
• Delivers positive results through realistic planning to accomplish goals
• Builds effective solutions based on available information and makes timely decisions that are safe and ethical