Job Description:
Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer reporting to the Reservoir Engineering Manager in Midland, Texas. This position will be responsible for providing reservoir engineering support for a variety of projects (as detailed below). The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working on a multi-disciplinary team. There is flexibility with the level and title of this role depending on the candidate’s skillset, qualifications and capabilities.
General Responsibilities
- Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR’s Delaware Basin Assets
- Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.
- Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon
- Collaborate with team to analyze completion and production practices that optimize value across acreage position
- Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
- Support Reserves Manager in analysis of quarterly and year-end reserves updates.
- Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy
- Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly
- Other duties as assigned
Minimum Qualifications
- BS in Engineering
- 3+ years of oil and gas engineering experience with a training program complete
- Proficiency in ComboCurve, Excel, Spotfire and Microsoft Office
- Must have relevant reservoir engineering experience with unconventional resource plays
- 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
Preferred Qualifications
- Operations experience (production, completions, drilling, etc.)
- 1+ years of reservoir engineering experience
- Working knowledge RTA (Whitson+ or equivalent).
- Experience working the Delaware Basin
Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Skills Required
- Bachelor of Science degree in Engineering
- At least 3 years of oil and gas engineering experience
- Completion of an engineering training program
- Proficiency in ComboCurve, Excel, Spotfire, and Microsoft Office
- Relevant reservoir engineering experience with unconventional resource plays
- Ability to work independently and integrate effectively within multidisciplinary teams
- Excellent verbal and written communication skills
- Operations experience in production, completions, drilling, or related areas
- At least 1 year of reservoir engineering experience
- Working knowledge of rate transient analysis using Whitson+ or equivalent
- Experience working in the Delaware Basin
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.
