Production Optimization Engineer

Chord Energy•Watford City, ND

2d•Hybrid

About The Position

Chord Energy is seeking an innovative, results oriented, and process driven petro-technical professional. This individual will be responsible for maximizing production and profitability of oil and gas properties through assessing the associated costs and estimating the production capabilities and economic value of oil and gas wells. The position is based in any of our North Dakota field offices and requires frequent travel to field locations. Level and salary commensurate with background and experience.

Requirements

Bachelor’s degree in engineering or STEM degree
Experience with Microsoft office
Strong Statistical reasoning skills: ability to identify and account for sampling, selection & survivorship bias
Basic knowledge of Python & SQL
Detail oriented and organized
Ability to work in a fast-paced and fluid environment; flexible with the demands of a growing company
Ability to meet deadlines

Nice To Haves

1 year of industry experience or prior internships
Knowledge of production operations
Artificial lift experience
Experience with S Rod/Rodstar, XSPOC, and Echometer software

Responsibilities

Actively practice and support company EHS and operating policies
Monitor daily production for variances.
Minimize deferred production and reduce operating expenses by working closely with the production team
Witness teardown of failed artificial lift equipment and work with vendors to enhance equipment designs to reduce failure frequency and maximize production
Identify root cause of failures and recommend improvements
Work with chemical specialist and chemical providers to ensure protection and optimized execution of chemical treatments of artificial lift wells
Maintain artificial lift information databases including written documentation and tracking of failures
Apply statistical models, including survival analysis and run-life cohort comparisons to evaluate artificial lift performance, support equipment selections, and quantify the value of operational practices
Develop and maintain equipment design and selection models informed by well history and environment
Utilize XSPOC software to identify wells that need intervention or assistance and proactively work towards optimization of all wells
Ability to work in fast paced agile environment and iterate quickly on data driven solutions