Sr. Reservoir Engineer
Location: US, TX, Houston
Employment type: Full-time
Required education: Bachelor's Degree
Industry: Oil & Energy
Function: Engineering
Company profile: Valor Services provides Workforce Solutions that meet the needs of companies across the Private Sector, with a special focus on the Oil & Gas Industry. Valor Services will be involved with you throughout every step of the hiring process and remain in contact with you all the way through the final step of signing of the employment contract with your new employer. Valor Services was founded with the vision of employing the unique skills, experiences, and qualities of America’s finest veterans to provide Private Sector companies with precise and concerted value-added services – and America’s finest Veterans with an optimized career opportunity.We are eager to get the word out to veterans that there are ample opportunities for employment in the private sector and that you are the ideal candidates to fill those positions. Valor Services Your Success is Our Mission. ™ 
Description: Are you a seasoned Resevoir Engineer who thrives on establishing resource potential? Are you looking to join a fantastic, strategically expanding and well-positioned E&P? Opportunities for long-term advancement are extensive and strong compensation and benefits packages are available for qualified candidates who want to join the largest player in the region.Job ScopeProvide reservoir engineering and economic evaluation support to geologists, landmen and production engineers for analysis of potential resource development.  Establish resource potential and probability of success based upon sound engineering principles. Generate risked economics for screening and ranking prospects. Maintain an accurate inventory of proved, probable and possible reserves and work with operations/land to timely develop these resources. Forecast ultimate recovery for existing and future wells for reserve reporting purposes.Essential Job FunctionsProvide engineering support for geologists, production engineers, and landmen as a member of a multi-disciplined asset team executing an active drilling plan.Perform reserves and economic evaluations of drilling, recompletion, workover and acquisition opportunities.Evaluate reservoir potential and determine performance potential from analogy studies.Analyze data to make well-founded recommendations and effectively communicate the analysis.Provide exhibits and expert testimony at regulatory hearings supporting company projects.Prepare reserve/economic analysis for budgets, year-end SEC reserve reports and acquisition evaluations.Analyze well data and identify behind pipe potential.  Maintain inventory of behind pipe potential with reserve and economic value estimates.Participate in the identification, evaluation, planning and execution of a resource play focused growth strategy.
Requirements: Education: Minimum of a Bachelor of Science in Petroleum Engineering or related engineering discipline.Knowledge and Skills: Outstanding verbal, written and presentation skills coupled with a strong work ethic.Ability to calculate well EURs volumetrically as well as using decline curve projections needed to forecast reserve recoveries from reservoirs.Knowledge of SEC reserve reporting guidelines and their application.Solid working knowledge of economic programs (PhdWin or similar industry software) required.Ability to mentor and direct inexperienced engineers and technicians.Must possess a minimum of 5 years of industry experience. Registered Professional Engineer a plus.* Military experience is highly valued by the employer; candidates with military experience can expect some flexibility in terms of requirements, so long as fundamental skills and competencies are present.
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