Reservoir Engineer

Crescent Energy • Houston, TX

31d

About The Position

Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows from low-decline production with a deep, high-quality development inventory. Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns. Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet. We are looking for a Reservoir Engineer to join our new Optimization and Growth team. This role will focus on developing and maintaining regional views of our Eagle Ford, Permian, and Uinta assets. These regional views will range from data analytics models predicting performance to optimizing completion design. Your work would subsequently feed into acquisition analysis helping us see value beyond what has been done historically. Other outcomes include assisting asset engineers in their efforts to optimize development and encouraging new ideas/approaches in evaluating well performance. Overall, this position will give you the opportunity to influence how the company optimizes development and grows the asset base through acquisitions by advancing our basin wide technical views.

Requirements

• Analyze well performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when necessary
• Experience in unconventional reservoirs
• Ability to work with data at a basin scale
• Experience with software to dynamically analyze data on a spatial and trend basis (ex: Spotfire)
• Bachelor’s degree in Petroleum Engineering or related field

Nice To Haves

• Experience with Novi (Data, Model, and Forecast Engines)
• Knowledge of data analytics methods like Logistic Regression, Time Series Analysis, GLMs, Mixed Modeling, Multivariate Statistics, Predictive Modeling, Decision Trees, Gradient-Boosted Trees, Random Forests, and Neural Networks
• Experience with frac and reservoir modeling projects/workflows
• Understanding of programming languages such as Python, R, or similar is highly preferred
• Experience in Permian, Eagle Ford, and/or Uinta basins

Responsibilities

• Maintain basin wide data analytics models for use across asset development team
• Create workflows for asset team to utilize analytics models
• Develop and continually evolve best practices for completion design with operations group
• Support and assist in optimizing the acquisition underwriting process
• Evaluate and report on competitor results detailing interpreted strategies and how it relates to internal practices

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees