Associate, Reservoir Engineer – Investment Banking

Stephens•Dallas, TX

8d•Onsite

About The Position

Stephens is seeking an Associate, Reservoir Engineer to join their Energy – Acquisition & Divestiture group in Dallas. This role involves the technical evaluation of client oil & gas assets, assisting in the development of marketing materials, executing mandates, and supporting business development activities with an emphasis on sell-side A&D pitches. The position offers a collaborative environment where bankers build careers based on sound judgment, initiative, integrity, and a commitment to client outcomes. Stephens is a privately held, family-owned financial services firm founded in 1933, known for its long-term relationships and independent thinking.

Requirements

2+ years of Petroleum Engineering Experience at an investment bank, third-party engineering firm, or operating/non-operating/minerals company with substantial experience conducting A&D valuations.
Engineering undergraduate degree is required
High level of economic understanding of producing and development field economics: Fundamentals of a discounted cash flow: capex, opex, discount rates, LOE, basis differential, price deck, rig schedules, type curve inputs, & economic limit
Deep understanding of Microsoft Office, especially Excel and Access, is required
ComboCurve, ARIES and/or PHDWin experience required
Prior experience with decline curve analysis required

Nice To Haves

Familiarity with other forecasting methods helpful but not required
Graduate technical or business degree a plus
Experience developing custom tools assisted by AI is a plus
Experience with Enverus Prism a plus; IHS or others acceptable

Responsibilities

Technical evaluation of client oil & gas assets using industry standard economics software (e.g. ComboCurve, ARIES, or PHDWin) as well as commonly used software such as the MS Office Suite
Ability to generate/manage evaluation databases and economic forecasts
Working with senior members of the team, assist in development of key marketing materials and execution of mandates
Key client reviews (e.g. review of PDP forecasts, type curves, LOS model, etc)
Confidential Information Memoranda / data room presentations
Population of virtual data rooms
Contribution to/participation in presentations
Following up on external party Q&A
Attending internal and external project meetings as required. The right candidate will eventually develop the ability to lead these meetings
Assist with miscellaneous technical project-related duties as required
Assist with development of new business activities across a variety of investment banking products with emphasis on sell-side A&D pitches
Writing of technical portions of pitch books
Attend pitch meetings