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Reservoir Engineer

Wasatch Energy Management
Provo, UT Full Time
POSTED ON 10/2/2024 CLOSED ON 10/4/2024

What are the responsibilities and job description for the Reservoir Engineer position at Wasatch Energy Management?

Responsibilities

  • Work with multidisciplinary team to generate and execute a development plan in the Uinta Basin with the goal of maximizing value, including optimization of completion design, well spacing, production practices, landing zones, etc
  • Perform economic analyses for the purpose of AFE’s and field development
  • Ensure well estimated ultimate recovery (EURs), product pricing, Capex, Opex and taxes reflect current performance
  • Manage 3rd party reserve audits that comply with 3rd party lending requirements
  • Report competitor results and collaborate to implement competitor’s best practices where appropriate
  • Evaluate and recommend asset acquisition and divestiture opportunities
  • Collaborate with Finance team to develop corporate level targets and goals and assist with tracking and understanding variance versus Forecast production, capital, and other metrics
  • Perform other duties as assigned


Job Requirements

  • Bachelor of Science Degree in Petroleum, Chemical, or Geologic Engineering or related field of study
  • Three (3) to ten (10) years of Exploration & Production (E&P) or relevant industry experience
  • Must have a substantial working knowledge of Microsoft Office products and economic/technical analysis software (e.g.; Aries, ComboCurve, etc.)
  • Experience with LOS analysis and 3rd party reserve audits
  • Excellent communication skills (written and oral) for interface with company management and field personnel


Preferred Qualifications

  • Uinta Basin unconventional experience
  • ComboCurve experience


Benefits

  • Competitive salary (experience based)
  • Health insurance
  • 401k plan
  • Performance incentives


Please email wade@wemenergy.com to be considered for this position. Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.



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