GOA Reservoir Engineer

Posted 11 Days Ago
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The Woodlands, TX, USA
In-Office
Senior level
Other
The Role
Leads reservoir performance analysis, production forecasting, surveillance, reservoir management, reserves reporting, commercial evaluations, and investment decision analysis for conventional deepwater oil and gas assets. The role supports SEC reserves compliance, portfolio planning, acquisitions and divestitures, special projects, peer reviews, and mentoring of less-experienced reservoir engineers. Responsibilities require extensive Gulf of America experience, reservoir simulation and history matching expertise, petroleum economics knowledge, and collaboration across integrated asset teams.
Summary Generated by Built In

Oxy produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Oxy primarily operates in the United States, Middle East and North Africa. To learn more, visit Oxy

Oxy strives to attract and retain talented employees by investing in their professional development and providing rewarding opportunities for personal growth. Our goal is to meet the highest employer standards by ensuring the health and safety of our employees, protecting the environment and positively impacting our communities where we do business.

Oxy’s Gulf of America (GOA) Asset Development (AD) organization is seeking a senior-level Reservoir Engineer for one of several current and upcoming openings, either on an integrated asset development team assigned to a producing deepwater field or within the AD Development Excellence organization. The role leads reservoir performance analysis, forecasting, reserves and commercial evaluations that guide investment decisions and grow long-term asset value.


Roles & Responsibilities:

  • Reservoir Performance & Forecasting: Lead reservoir performance analysis and production forecasting for conventional deepwater reservoirs using material balance, decline curve analysis, well productivity analysis and reservoir simulation.
  • Production Surveillance: Analyze well and reservoir production performance to identify optimization opportunities, risks and recommended actions.
  • Reservoir Management: Apply reservoir surveillance and management best practices across the full field development life cycle.
  • Forecasts, Portfolio & Reserves: Partner with Planning and Asset Teams to review and compile monthly asset forecasts, annual portfolio submissions and SEC reserves, and support third-party reserves audits.
  • Reserves Compliance: Prepare, document and defend reserves estimates in accordance with SEC reserves guidelines.
  • Commercial Evaluations: Perform economic evaluations in PEEP/MOSAIC, including forecasting, pricing, cash flow prediction and financial modelling, to value producing properties and support acquisition/divestiture transactions.
  • Decision Analysis: Apply decision trees, probabilistic and statistical methods, optimization and portfolio analysis to frame, rank and de-risk investment opportunities.
  • ·Special Projects: Lead and coordinate special projects and ad-hoc business needs (e.g., budget comparisons) with internal and external stakeholders.
  • Mentoring: Coach and mentor less-experienced reservoir engineers and participate in peer reviews and peer assists (approximately 10–25% of work time).

Required Knowledge, Experience, Skills & Comptencies:


Education: Bachelor’s degree in Petroleum Engineering or a closely related engineering discipline.

 

Professional/Technical Knowledge: Minimum of fifteen (15) years of total oil & gas experience, including at least five (5) years of Gulf of America reservoir engineering experience with hands-on reservoir simulation history matching and modelling.


  • Demonstrated expertise in material balance, decline curve analysis, well productivity analysis and reservoir simulation for conventional reservoirs
  • Strong working knowledge of SEC reserves guidelines and reserves reporting processes
  • Proficiency in petroleum economics and decision analysis, preferably using PEEP/MOSAIC

 

Skills & Competencies:

  • Self-directed; sets priorities, organizes and carries out own work plan while staying proactively available to all asset teams
  • Communicates clearly and effectively across disciplines and with all levels of leadership
  • Leads and coordinates ad-hoc business needs and general reservoir engineering duties (e.g., budget comparisons, economic analysis, decision analysis) with minimal supervision
  • Collaborative team player in an integrated, multidisciplinary environment with a commitment to developing others

 

Additional Desired Qualifications:

  • Master’s degree in Petroleum Engineering or a related field
  • Deepwater development experience, such as subsea tiebacks, waterflood or pressure maintenance projects
  • Experience supporting third-party reserves audits and acquisition/divestiture evaluations
  • Experience with industry reservoir simulation, PTA and production analysis software
  • Professional Engineer (PE) license or SPEE membership

Recruitment Fraud
 
It has come to our attention various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of Oxy. Please be aware that these recruiting scams and communications do not originate nor are they associated with our recruitment process. All Oxy job postings and offers will require a completed application through our company website.
 
Oxy does not charge a fee at any stage of the recruiting process. We will never:
 
•  Ask you to pay for applications, interviews, meetings, processing, training or for any other fees
 
•  Use recruiting or placement agencies that charge candidates an advance fee of any kind or
 
•  Request personal information such as passport and bank account details at an early stage of our recruitment process.
 
We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.

All qualified applicants will receive consideration for employment without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

Skills Required

  • Bachelor's degree in Petroleum Engineering or a closely related engineering discipline
  • At least 15 years of total oil and gas experience
  • At least 5 years of Gulf of America reservoir engineering experience
  • Hands-on reservoir simulation history matching and modeling experience
  • Expertise in material balance, decline curve analysis, well productivity analysis, and reservoir simulation for conventional reservoirs
  • Strong knowledge of SEC reserves guidelines and reserves reporting processes
  • Proficiency in petroleum economics and decision analysis, preferably using PEEP/MOSAIC
  • Master's degree in Petroleum Engineering or a related field
  • Deepwater development experience, including subsea tiebacks, waterflood, or pressure maintenance projects
  • Experience supporting third-party reserves audits and acquisition/divestiture evaluations
  • Experience with industry reservoir simulation, PTA, and production analysis software
  • Professional Engineer license or SPEE membership
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The Company
HQ: Houston, TX
13,984 Employees

What We Do

Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

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