Business Development Engineer

Reposted 21 Days Ago
Be an Early Applicant
Midland, TX, USA
In-Office
Senior level
Energy • Utilities
The Role
Perform technical evaluations and underwriting for acquisitions, divestitures, and trades. Manage data, generate engineering analyses, present recommendations to senior management, integrate technical underwriting with finance, collaborate with multidisciplinary technical teams, and transition assets to asset teams.
Summary Generated by Built In

Job Description:

Permian Resources (NYSE: PR) is currently seeking a Business Development Reservoir Engineer in Midland, Texas. This position will be responsible for providing technical support in evaluations and underwriting for Permian Resources A&D activity.  The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working with multi-disciplinary teams in a fast-paced environment.

General Responsibilities:

  • Work with multidisciplinary Business Development team to collaborate and deliver evaluations of acquisitions, divestitures and trades across the PR portfolio

  • Support current technical BD team in all steps of the evaluation, from data management to the quantification of all pieces of a prospective deal

  • Create, generate and present high quality engineering analysis and recommendations to senior management

  • Collaborate with broader Permian Resources’ technical teams to leverage existing knowledge and synergies to support underwriting of assets

  • Work with Finance Team to integrate technical underwriting into corporate modeling

  • Execute hand off from Business Development to Asset Teams as deals are transitioned into and out of PR portfolio

Minimum Qualifications:

  • BS in Petroleum Engineering or related field

  • 5+ years of oil and gas engineering experience with 2+ years of Reservoir Engineering experience

  • Relevant experience with unconventional resource plays, with specific interest in candidates with Delaware Basin experience

  • Must be self-motivated and capable of independently integrating within multi-disciplinary teams

  • Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization

  • Proficiency in ARIES and Microsoft Office

Preferred Qualifications:

  • Some operations experience (Production, Completions, Drilling, etc.)

  • Working knowledge of Spotfire

Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Skills Required

  • BS in Petroleum Engineering or related field
  • 5+ years of oil and gas engineering experience with 2+ years of Reservoir Engineering experience
  • Relevant experience with unconventional resource plays (Delaware Basin experience preferred)
  • Self-motivated and capable of independently integrating within multi-disciplinary teams
  • Excellent verbal and written communication skills
  • Proficiency in ARIES and Microsoft Office
  • Some operations experience (Production, Completions, Drilling, etc.)
  • Working knowledge of Spotfire
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The Company
501 Employees
Year Founded: 2022

What We Do

Permian Resources Corporation is an independent oil and natural gas company focused on driving sustainable returns through the responsible acquisition, optimization, and development of high-return oil and natural gas properties. Based in Midland, Texas, the company primarily focuses on the development of crude oil and associated liquids-rich natural gas reserves within the Delaware Basin, a sub-basin of the Permian Basin.

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