Sr Reservoir Engineer - US Onshore (Finance)
At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.
Job Summary
The Sr Reservoir Engineer - Onshore will be responsible for reservoir management of unconventional assets with broad responsibilities in the areas of development, reserves, surveillance, and optimization. The position will focus primarily on Eagle Ford Shale assets and work closely with stakeholders to develop, frame, support, and implement initiatives to understand resource potential and to optimize future development through teamwork and robust technical analyses.
The Sr Reservoir Engineer - Onshore will work in our Houston Corporate office and may work two (2) days a week remote.
Responsibilities
- Utilize DCA and RTA/PTA techniques to evaluate and forecast well performance
- Conduct the required surveillance, technical reviews, data collection, execution planning, econ analysis, AFEs, PSA proposals, and offset competitor analysis required to optimize assets
- Work with the asset team to organize subsurface data sets including seismic, petrophysical and reservoir engineering data, geo-mechanical data, completions, and production data to facilitate usage by stakeholders in interpretation, evaluation, and predictive applications
- Work with multidisciplinary teams to understand how well spacing/stacking/landing pattern optimization impacts depletion effects, reserves bookings, development decisions, etc.
- Integrate field development and business plan assumptions into reserves updates.
- Prepare forecasts for PDP locations, undeveloped location bookings, and associated documentation for annual reserves process.
- Perform rollups of reserves bookings and identify key drivers for volume changes.
- QA/QC of economic and technical assumptions for asset reserves bookings. Work with reserves analysts to implement assumptions efficiently and accurately into reserves database.
- Support documentation needs for investment opportunity management and financial approvals
- Champion or support technical projects/studies which enhance ongoing asset development and production optimization on an as needed basis
- Conduct technical reviews and asset valuations for both operated positions and business development opportunities to maximize economic value
Qualifications/Requirements
- Bachelor's Degree in Engineering
- Minimum 10 years of petroleum engineering experience and 3 years unconventional reservoir engineering
- Data science proficiency with SQL, Python, R, Spotfire, PowerBI, and/or similar tools
- Proficient in economic and plannings analysis software, i.e.: Aries, ValNav or Enersight
- Experience with asset valuations, acquisitions, trades, or divestitures
- Experience with technical studies, simulations, or trials in:
- Well spacing and lateral length type curve adjustments
- Parent/child well production impacts
- Well completions optimization
- Flowback optimization and analysis
- Demonstrated communication, teamwork, and project management skills
- Successful track record in the fast-paced environment of an active operated asset
The individual is required to follow all applicable safety precautions. Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs. The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.
Desired/Preferred Qualifications
- Experience in Eagle Ford Shale, Duvernay, and/ or Montney
- Experience with ValNav, Aries, Combocurve, and/ or Enersight
- Experience with Harmony Reservoir and/or Whitson+
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PURPOSE
We believe in providing energy that empowers people.
MISSION
We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.
VISION
We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.
VALUES & BEHAVIORS
Do Right Always
- Respect people, safety, environment and the law
- Follow through on commitments
- Make it better
- Offer solution
- Step up and lead
- Don't settle for "good enough"
- Embrace new opportunities
- Show resilience
- Lean into challenges
- Support each other
- Consider the implications
Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.
For additional information, you may also visit the USCIS website.
Murphy Oil Corporation is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, genetic information, age, national origin, sexual orientation, disability, protected veteran status or any other category protected by federal, state or local law.
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