Senior Reservoir Engineer

Diamondback Energy•Midland, TX

11d

About The Position

The primary responsibility of the Reservoir Engineer is to work with other disciplines in a team environment to exploit and develop unconventional resource assets, with consideration given to well spacing, landing zone, development order, and lease obligations most efficiently.

Requirements

B.S. degree or higher in a related engineering discipline
Minimum of five (5) years’ work experience as a reservoir engineer
Proficient in economic analysis software and MS Office Suite
Proficient in reserve estimation
Demonstrated communication, teamwork, and project management skills

Nice To Haves

Experience in developing unconventional assets within the Permian Basin
Experience with NON-OP evaluation and tracking
Aries and Spotfire software experience preferred
Basic SQL/Python knowledge would be beneficial
Motivated self-starter capable of performing with minimal supervision
Excellent communication skills both verbal and written
Familiarity with oilfield terminology and operations

Responsibilities

Evaluate well performance using standard and advanced techniques
Complete reserve calculations, production forecasts, and budgeting for assets
Evaluate NON-OP proposals and track CAPEX spend and well performance
Assist in assembling corporate budget
Develop recommendations for asset development plans that are supported by data and economic analysis
Recommend collection of reservoir data as appropriate to evaluate reservoirs and enhance future exploitation
Monitor company and offset results. Capture data and analyze results on a continual basis and make recommendations to enhance ongoing asset development
Prepare economic assessments on capital projects and prepare periodic technical reviews
Evaluate acquisition and property trade opportunities on an as needed basis