Reservoir Engineer
rigup serviceHouston (TX)
$110/hr
ApplyAbout the role
Job Title: Reservoir Engineer
Overview:
Our Vision: Rig Up is where the best workers power the world’s most successful projects. We are united by a common mission: to deliver services and technology that fundamentally change how skilled workers and the businesses they serve get hard work done.
Job Description:
The Reservoir Engineer/Advisor will provide guidance and technical expertise to support the Reservoir Leadership Team in achieving desired performance objectives and maintaining high technical standards. This role requires an experienced professional in reservoir simulation who can perform and guide detailed simulation studies, develop plans and programs for reservoir management, and support reservoir engineers in establishing and implementing plans that meet engineering requirements. The position involves performing depletion plan assessments, leading peer reviews, developing economic models, and executing forecasting scenarios for development planning. The ideal candidate will mentor less experienced engineers, collaborate across multiple disciplines, and deliver comprehensive technical documentation and presentations to management, partners, and stakeholders.
Responsibilities:
Reservoir Engineering & Simulation
Provide guidance to support the Reservoir Leadership Team in achieving desired performance objectives
Support and advise Reservoir Leadership Team to aid in maintaining high technical standards
Develop plans and programs as required by the Reservoir Management team
Guide and support reservoir engineers to establish and implement plans that meet reservoir engineering requirements
Perform and guide detailed reservoir simulation studies
Perform and guide simulation and other studies to evaluate various depletion schemes and to investigate technical issues
Perform all related studies necessary to support simulation studies including Pressure, Volume, Temperature (PVT), inflow/outflow, relative permeability, Special Core Analysis Laboratory (SCAL) and other evaluations
Perform depletion plan assessments to support asset acquisition evaluations
Lead and/or participate in Peer Reviews to ensure high technical standards are maintained
Economic Modeling & Analysis
Develop, extend, and maintain custom economic models in Combo Curve tailored to unconventional resource development
Build fiscal and cost structures aligned with corporate standards (CAPEX, OPEX, A&D, facility costs, price decks, taxes, royalties, working interest, net revenue interest, etc.)
Ensure accuracy of economic assumptions and alignment with corporate value-assurance processes
Run type curve, well-level, and pad-level forecasts for various development scenarios
Execute full-cycle economics for development planning: base case, sensitivities, price scenarios, timing changes, and inventory-based forecasts
Review existing Combo Curve models and enhance workflows for improved transparency, modularity, and repeatability
Develop automated or semi-automated structures for repeating economic runs across multiple assets or scenarios
Troubleshoot model logic, data issues, and calculation discrepancies
Project Support & Collaboration
Develop project-specific strategies with the Project Team to address identified risks and challenges
Support risk assessments and studies as defined in the Project Risk Management Plan, and ensure results are addressed as relevant field work is executed
Support uncertainty analysis studies and value of information assessments for data acquisition plans
Provide necessary input to drilling, facilities, and other groups as required to support projects
Work closely with engineers, planners, and business analyst advisors to translate development schedules into economic results while ensuring alignment with corporate guidance and established best practices
Collaborate with reservoir engineering, planning, geology, and finance to ensure integrated and aligned assumptions
Support ad-hoc economic requests, sensitivities, and rapid-turn modeling for leadership
Documentation & Communication
Document results in a comprehensive and understandable format, both in written and graphic forms
Provide timely and focused updates of results/plans to management/partners/others
Develop and deliver technical presentations
Communicate findings through clear visualizations, summary reports, and presentations
Additional Duties:
Mentor less experienced reservoir engineers in performing simulation and other studies
Share safety-related Lessons Learned across project(s) and within the company
May facilitate Reservoir Team meetings
May be assigned other services/studies by the Reservoir Leadership Team
Provide regulatory compliance support as required
Maintain a high degree of ethical conduct
Ability to work in environment with changing priorities
Skills and Qualifications:
Education
University degree or equivalent
Experience
Demonstrated work experience in Reservoir Engineering positions in Oil & Gas Industry
Technical Skills:
Exceptional knowledge of reservoir engineering fundamentals and technical skills
Experienced in building, running and evaluating dynamic models to evaluate various technical issues
Knowledge of how to conduct reservoir simulation studies to address required issues in a timely and efficient manner
Capability to identify issues and solutions and conduct reservoir evaluations independently
Working knowledge of reservoir management practices, processes, and expectations
Proficient in use of computers and programs such as Microsoft Office
Experience with Combo Curve economic modeling software
Job Details
Location: Houston, TX
Pay: $110/hr
Schedule: M-F
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