Senior Petroleum Engineer

BOK Financial•Dallas, TX

2d•Onsite

About The Position

The Senior Petroleum Engineer is primarily responsible for complex evaluations of oil and gas producing properties and gas processing facilities. The role determines present worth value, loan value, and loan repayment capacity, and communicates appraisal results to Account Managers to help determine collateral value. The position also provides supervision and guidance to Engineering Department personnel. The role performs complex analysis of individual well historical performance and processing facilities using petroleum economics software, prepares engineering data for computer-based economic analyses, calculates loan value and property half-life, reviews outside engineering reports and company product sales, income, and expense reports, maintains commercial online databases and engineering software, and conducts independent research and studies related to oil and gas prices and reserve trends. The position is based in an office environment with occasional travel. The team environment is described as fast-paced, challenging, and collaborative, with some independent work and an expectation of self-motivation.

Requirements

Bachelor’s degree in Petroleum Engineering and 10 or more years of experience in the oil and gas industry, or an equivalent combination of education and experience.
Extensive knowledge and understanding of oil and gas production and terminology.
Extensive knowledge of oil and gas economics.
Extensive knowledge of petroleum economics software analysis, including PHDWin 3.0 and Aries.
Thorough knowledge of commercial online databases such as IHS.
General knowledge of commercial loan operations.
Excellent communication skills, including the ability to meet with clients, prepare written reports, and generate presentations as needed.
Excellent PC skills, including word processing, spreadsheet applications, and databases.

Nice To Haves

PE Certification.
PHDWin 3.0 experience is preferred.

Responsibilities

Evaluate oil and gas producing properties and gas processing facilities.
Determine present worth value, loan value, and loan repayment capacity, and communicate appraisal results to Account Managers to support collateral-value determinations.
Provide supervision and guidance to Engineering Department personnel.
Analyze historical performance of individual wells and processing facilities using petroleum economics software.
Prepare engineering data for computer systems to conduct economic analyses of oil and gas properties and processing systems.
Calculate loan value, property half-life, and other required loan data.
Review outside engineering reports and company product sales, income, and expense reports.
Utilize and maintain commercial online databases and software applications used primarily by the Engineering Department.
Conduct independent research and studies relating to oil and gas prices and reserve trends.