About this role
Job Description: Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer reporting to the Reservoir Engineering Manager in Midland, Texas. This position will be responsible for providing reservoir engineering support for a variety of projects (as detailed below). The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working on a multi-disciplinary team. There is flexibility with the level and title of this role depending on the candidate’s skillset, qualifications and capabilities.
General Responsibilities
• Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR’s Delaware Basin Assets • Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc. • Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon • Collaborate with team to analyze completion and production practices that optimize value across acreage position • Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells • Support Reserves Manager in analysis of quarterly and year-end reserves updates. • Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy • Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly • Other duties as assigned
Minimum Qualifications
• BS in Engineering • 3+ years of oil and gas engineering experience with a training program complete • Proficiency in ComboCurve, Excel, Spotfire and Microsoft Office • Must have relevant reservoir engineering experience with unconventional resource plays • Must be self-motivated and capable of independently integrating within multi-disciplinary teams • Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization
Preferred Qualifications
• Operations experience (production, completions, drilling, etc.) • 1+ years of reservoir engineering experience • Working knowledge RTA (Whitson+ or equivalent). • Experience working the Delaware Basin Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.