Advisor

W&T Offshore, Inc.•Houston, TX

10h•Onsite

About The Position

W&T Offshore (NYSE: WTI) has been an independent oil and natural gas producer active in the acquisition, exploration, and development of properties in the Gulf of Mexico since 1983. We take pride in offering excellent work/life balance, a strong community environment, and a diverse asset portfolio. Responsible for ensuring that all natural gas, NGL’s, crude oil or other products produced/extracted from the Company’s wells are marketed or sold while maximizing the product value. This includes but is not limited to negotiation of gas or oil transportation, gas processing, gas, oil and NGL sales or other agreements that facilitate the logistics of the products to market.

Requirements

15+ years of experience with exposure to commercial transactions and knowledge of oil, gas, NGLs, and midstream assets
Bachelor’s degree in Business, Accounting, Finance, Engineering or related discipline is required
Excellent verbal and written communication skills
Excellent organizational skills with a high level of attention to detail
Excellent time management skills with an ability to prioritize and manage projects
General PC ability\Advanced Excel skills required

Nice To Haves

MBA is highly desirable

Responsibilities

Understand, negotiate, draft, edit, and summarize, in a timely manner, any agreements required to facilitate all Marketing aspects of the Company’s hydrocarbon production
Understanding of downstream oil, gas, condensate, and processing infrastructure including but not limited to oil/gas pipelines, processing plants, separation facilities, etc.
Make recommendations to Management on high profile Marketing and midstream related items, as needed
Work directly with the Legal Department to review material or other agreements prior to approval and execution
Ability to manage oil, gas, gas processing, gas balancing, contract administration and FERC regulatory oversight requirements of the Company, as needed
Responsible for determining past and future gas and oil price differentials in support of Acquisition and Divestiture (A&D), Reservoir Engineering or other Company departments that need product valuations
Be a key team contributor to evaluate marketing agreements, logistics, etc. along with risks or upside opportunities related to acquisitions or divestitures
Undertake RFP or other optimization projects to extract the best value for the Company’s hydrocarbon production optionality
Responsible for monthly invoicing, accruals, and yield calculations for the various fields
Stay abreast of all factors or variables that may influence the value of the Company’s product sales and present periodic market updates
Assists gas and oil marketing team on any logistical issues that may arise
Research, evaluate and optimize gas processing differentials by modeling gas processing terms, gas plant recoveries, NGL prices, etc.