Reservoir Engineer, Production Forecasting & Reserves

Fervo Energy•Golden, CO

25d•$140,000 - $200,000•Remote

About The Position

Fervo is seeking a Reservoir Engineer focused on production forecasting and resource evaluation to bridge the gap between subsurface performance and corporate planning. This role involves building and maintaining production forecasts for long-term planning, providing technical input for budgeting and investor materials to Corporate Finance, and leading economic evaluations and resource reporting across the company's portfolio. The ideal candidate will excel at translating complex subsurface data into clear, defensible numbers to guide capital allocation and strategic decisions. The Reservoir Engineer will be responsible for portfolio-wide production forecasts, economic evaluations of development scenarios and capital projects, and recoverable resource estimates, emphasizing forecast rigor, financial fluency, and clear communication of subsurface uncertainty to non-technical stakeholders. This position requires close collaboration with Corporate Finance, Reservoir, Development, and Executive teams.

Requirements

B.S. in Engineering (Petroleum, Mechanical, Chemical, or related discipline).
5+ years of experience in reservoir engineering, reserves evaluation, or production forecasting; advanced degree may be considered in lieu of experience.
Strong understanding of decline curve analysis, type curve development, and production forecasting workflows.
Experience with reserves estimation and reporting standards (e.g., SPE-PRMS).
Experience building economic models (NPV, IRR, cash flow) and sensitivity/scenario analyses.
Strong financial modeling skills (advanced Excel) and familiarity with reservoir forecasting or simulation tools.
Ability to assess subsurface and forecast uncertainty and communicate risk clearly to financial and executive audiences.
Strong analytical, synthesis, and communication skills.

Nice To Haves

Experience in geothermal reservoir engineering, enhanced geothermal systems (EGS), or unconventional resource development.
Experience supporting Corporate Finance, FP&A, investor relations, or capital markets processes.
Experience with third-party reserves audits or certification processes.
Familiarity with fracture-dominated or thermally driven systems.
Programming/scripting skills (e.g., Python) for forecasting automation and data analysis.
Ability to translate detailed technical analysis into executive-level summaries.

Responsibilities

Build and maintain production forecasts across the portfolio to support long-term planning, capital allocation, and corporate strategy.
Develop and update type curves and decline/analytical models calibrated to observed field performance.
Translate reservoir performance and subsurface uncertainty into probabilistic forecast ranges (P10/P50/P90) for planning and budgeting cycles.
Maintain the long-range plan (LRP) production forecast in coordination with Development and Corporate Finance.
Partner with Corporate Finance to translate reservoir forecasts into cash flow models, capital plans, and investor-facing materials.
Support financing processes (debt/equity raises, project finance) with technical forecast inputs and asset-level due diligence.
Conduct economic evaluations of new prospects, development scenarios, and capital projects, including NPV, IRR, payback, and sensitivity analysis.
Support investment decisions with integrated technical and economic risk assessment across the portfolio.
Evaluate development, completion, and injection strategy alternatives for capital efficiency and returns.
Deliver clear economic recommendations to asset teams and leadership to guide portfolio prioritization.
Own and maintain recoverable resource and Heat-in-Place (HIIP) estimates.
Promote consistent forecasting, evaluation, and reserves methodologies across projects.
Support development and standardization of Geothermal recovery and resource evaluation methods.
Operate with technical independence and objectivity while maintaining strong collaborative relationships with Finance, Development, and asset teams.
Provide constructive challenge and thoughtful recommendations grounded in data and engineering principles.
Balance rigor with pragmatism in a fast-paced, cross-functional environment, including finance reporting deadlines.
Contribute to a culture of transparency, consistency, and continuous improvement across the portfolio.
Be responsive and reliable in remote settings, maintaining momentum without requiring constant oversight.
Adapt quickly to shifting priorities, new data, and evolving planning cycles.