Reserves Engineer - Dallas
600 North Pearl St. , Ste S2262 Dallas, TX 75201 United States of America
Job Description
Reserves Engineer Job Responsibilities:
• Assist with fiscal year-end reserves process, semi-annual bank redeterminations, and quarterly reserve updates
• Assist reservoir engineering efforts in reserves analysis, reconciliation and documentation
• Assist in preparation of Proved, Probable, Possible and Contingent reserve evaluations and coordinate data transfer and comparison with third-party reserve auditors and engineers
• Monitor and analyze reserve changes, based on production performance, drilling and workover activities, including revisions and additions, as well as acquisitions and divestitures
• Work with Business Analyst and Engineers to revise and maintain Reserves database year round
• Preparation of quarterly, semi-annual and year-end reserves processes including:
o Production and forecast updates within PHDWin
o LOE analysis and updates
o Production reference prices and differentials, energy content in conjunction with marketing and accounting
o Shrink and yield analysis in conjunction with marketing and accounting
o Annual review and analysis of capital
o Asset retirement obligation (ARO); maintain abandonment costs for yearly reporting
• Bachelor of Science in Petroleum Engineering is strongly preferred
• A minimum of 8 years of industry related experience with demonstrated knowledge of reserves and the management and reporting processes thereof is required
email resume to: rosa.berry@lkjordan.com