Reserves Engineer

Crescent Energy•Houston, TX

47d

About The Position

The Reserves Engineer is responsible for the evaluation, analysis, and reporting of oil and gas reserves across the company's assets. This role ensures the company's reserves are accurately estimated in accordance with SEC guidelines, internal standards, and industry best practices. The Reserves Engineer will collaborate with reservoir engineering, geoscience, GIS, marketing, operations, and financial planning teams to support corporate strategy, reserve-based lending, and long-range development planning.

Requirements

Bachelor's degree in Petroleum Engineering or related engineering discipline.
3-7 years of experience in reservoir or reserves engineering within the upstream oil & gas industry.
Ability to work independently and within a team environment
Strong technical understanding of reservoir engineering fundamentals, production forecasting, and economic evaluation.
Proficiency with reserves and economics software (e.g., ARIES, PHDWin, or equivalent) and reservoir engineering software (Whitson+, Combocurve)
Familiarity with SEC guidelines and reserves classification standards (SPE-PRMS, SEC definitions).
Advanced Excel skills & experience with database management preferred.
Detail-oriented with ability to meet deadlines and manage multiple projects.

Responsibilities

Perform reserves evaluations and prepare annual reserves reports in compliance with SEC regulations and company policies.
Conduct decline curve, material balance, rate transient analysis, volumetric, and other engineering analyses to estimate oil, gas, and NGL reserves.
Collaborate with geologists, reservoir engineers, and operations to validate technical and economic assumptions.
Maintain and update reserves databases and economic models (e.g., ARIES).
Support the preparation of external reserves audits and third-party engineering reviews.
Provide input for corporate planning, investor relations, and reserve-based lending requirements.
Monitor well performance, recovery factors, and economic cutoffs to ensure accurate forecasts.
Assist in evaluating development projects, acquisition opportunities, and divestitures from a reserve's perspective.
Prepare management presentations summarizing reserves results, trends, and assumptions.
Ensure reserves reporting adheres to SEC, SOX, and internal control requirements.