Reservoir Engineer, Production Forecasting & Reserves
About The Position
Fervo Energy is hiring a Reservoir Engineer focused on production forecasting and resource evaluation. The role connects subsurface performance with corporate planning by building and maintaining portfolio-wide production forecasts, supporting Corporate Finance with technical inputs for budgeting, financing, and investor materials, and leading economic evaluations and resource reporting. The engineer will communicate subsurface uncertainty in clear, defensible terms to inform capital allocation and company-level decisions. The position works closely with Corporate Finance, Reservoir, Development, and Executive teams. It requires technical independence and objectivity alongside strong collaboration, clear communication, and adaptability in a fast-paced, cross-functional environment. The role follows a hybrid schedule, with employees expected to work in the office three days per week at one of Fervo Energy’s listed office locations.
Requirements
- B.S. in Engineering (Petroleum, Mechanical, Chemical, or related discipline).
- At least 5 years of experience in reservoir engineering, reserves evaluation, or production forecasting; an 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 such as SPE-PRMS.
- Experience building economic models, including NPV, IRR, and cash flow models, and conducting sensitivity and scenario analyses.
- Strong financial modeling skills, including 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 or scripting skills, such as Python, for forecasting automation and data analysis.
- Ability to translate detailed technical analysis into executive-level summaries.
Responsibilities
- Build and maintain portfolio-wide production forecasts for long-term planning, capital allocation, and corporate strategy.
- Develop and update type curves and decline or analytical models calibrated to observed field performance.
- Translate reservoir performance and subsurface uncertainty into probabilistic P10/P50/P90 forecast ranges for planning and budgeting.
- Maintain the long-range plan 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.
- Provide technical forecast inputs and asset-level due diligence for financing processes, including debt and equity raises and project finance.
- Conduct economic evaluations of prospects, development scenarios, and capital projects, including NPV, IRR, payback, and sensitivity analyses.
- Support investment decisions with integrated technical and economic risk assessments across the portfolio.
- Evaluate development, completion, and injection strategy alternatives for capital efficiency and returns.
- Deliver 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.
- Maintain collaborative relationships with Finance, Development, and asset teams; provide constructive, data-grounded recommendations.
- Contribute to transparency, consistency, and continuous improvement across the portfolio, and adapt to changing priorities, data, and planning cycles.
Benefits
- Medical, dental, and vision plan options.
- Employer-paid basic life insurance and short-term and long-term disability coverage.
- 401(k) plan with up to 6% employer match.
- Flexible paid time off.
- Paid parental leave.
- Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot.
- Dependent care FSA for eligible child and elder care expenses.
- Annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care.
- Employee ownership opportunities through the Employee Stock Purchase Program and stock option grants for eligible roles.
- Bonus opportunities for eligible roles.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
