GOA Reservoir Engineer

Occidental Petroleum•The Woodlands, TX

About The Position

Oxy’s Gulf of America (GOA) Asset Development organization is seeking a senior-level Reservoir Engineer for an opening on an integrated asset development team assigned to a producing deepwater field or within the Asset Development Development Excellence organization. The role leads reservoir performance analysis, forecasting, reserves and commercial evaluations to guide investment decisions and grow long-term asset value. The position applies reservoir engineering methods to conventional deepwater reservoirs, including material balance, decline curve analysis, well productivity analysis and reservoir simulation. It also supports asset planning and reserves processes, SEC-compliant reserves estimates, economic evaluations and investment decision analysis. The engineer works with multidisciplinary asset teams and internal and external stakeholders, and mentors less-experienced reservoir engineers.

Requirements

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, including 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.
Ability to set priorities, organize and carry out a work plan while remaining proactively available to asset teams.
Clear, effective communication across disciplines and with all levels of leadership.
Ability to lead and coordinate business needs with minimal supervision.
Ability to work collaboratively in an integrated, multidisciplinary environment and commitment to developing others.

Nice To Haves

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.

Responsibilities

Lead reservoir performance analysis and production forecasting for conventional deepwater reservoirs using material balance, decline curve analysis, well productivity analysis and reservoir simulation.
Analyze well and reservoir production performance to identify optimization opportunities, risks and recommended actions.
Apply reservoir surveillance and management best practices throughout the full field development life cycle.
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.
Prepare, document and defend reserves estimates in accordance with SEC reserves guidelines.
Perform economic evaluations in PEEP/MOSAIC, including forecasting, pricing, cash flow prediction and financial modelling, to value producing properties and support acquisition and divestiture transactions.
Apply decision trees, probabilistic and statistical methods, optimization and portfolio analysis to frame, rank and de-risk investment opportunities.
Lead and coordinate special projects and ad-hoc business needs, such as budget comparisons, with internal and external stakeholders.
Coach and mentor less-experienced reservoir engineers and participate in peer reviews and peer assists.
Carry out general reservoir engineering duties and coordinate ad-hoc business needs, including budget comparisons, economic analysis and decision analysis, with minimal supervision.