Associate, Reservoir Engineer – Investment Banking

About the Role

Stephens is a privately held, family-owned financial services firm seeking an Associate, Reservoir Engineer to join its Energy – Acquisition & Divestiture team in Dallas. The firm provides objective advice and precise execution on mergers and acquisitions, public and private debt and equity capital raising, restructurings, recapitalizations, and other strategic transactions for public, private, and family-owned businesses, as well as financial sponsors, family offices, and other institutional investors.

Essential Duties and Responsibilities

Execution

• Technical evaluation of client oil & gas assets using industry standard economics software (e.g. ComboCurve, ARIES, or PHDWin) as well as commonly used software such as the MS Office Suite
• Prior experience with decline curve analysis required; familiarity with other forecasting methods helpful but not required
• Ability to generate/manage evaluation databases and economic forecasts
• Working with senior members of the team, assist in development of key marketing materials and execution of mandates
• Key client reviews (e.g. review of PDP forecasts, type curves, LOS model, etc.)
• Confidential Information Memoranda / data room presentations
• Population of virtual data rooms
• Contribution to/participation in presentations
• Following up on external party Q&A
• Attending internal and external project meetings as required; the right candidate will eventually develop the ability to lead these meetings
• Assist with miscellaneous technical project-related duties as required

Business Development

• Assist with development of new business activities across a variety of investment banking products with emphasis on sell-side A&D pitches
• Writing of technical portions of pitch books
• Attend pitch meetings

Qualifications

• 2+ years of Petroleum Engineering Experience at an investment bank, third-party engineering firm, or operating/non-operating/minerals company with substantial experience conducting A&D valuations
• Engineering undergraduate degree is required
• Graduate technical or business degree a plus
• High level of economic understanding of producing and development field economics: fundamentals of a discounted cash flow (capex, opex, discount rates, LOE, basis differential, price deck, rig schedules, type curve inputs, & economic limit)
• Deep understanding of Microsoft Office, especially Excel and Access, is required
• ComboCurve, ARIES and/or PHDWin experience required
• Experience developing custom tools assisted by AI is a plus
• Experience with Enverus Prism a plus; IHS or others acceptable