Reservoir Engineer

About the Role

Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer reporting to the Reservoir Engineering Manager in Midland, Texas. This position will be responsible for providing reservoir engineering support for a variety of projects. The ideal candidate will have strong technical and communication skills and be able to contribute their expertise while working on a multi-disciplinary team. There is flexibility with the level and title of this role depending on the candidate’s skillset, qualifications, and capabilities.

Responsibilities

• Work with a multidisciplinary team to generate and execute a development plan that maximizes the value of PR’s Delaware Basin Assets.
• Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.
• Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon.
• Collaborate with the team to analyze completion and production practices that optimize value across the acreage position.
• Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells.
• Support the Reserves Manager in the analysis of quarterly and year-end reserves updates.
• Analyze reserves and value of potential acquisitions, divestitures, and trades, and integrate with the multidisciplinary team to execute on A&D strategy.
• Work with the Finance team to maintain a long-term budget forecast and update type curve, PDP, and expense forecasts regularly.
• Other duties as assigned.

Qualifications

• BS in Engineering.
• 3+ years of oil and gas engineering experience with a training program complete.
• Proficiency in ComboCurve, Excel, Spotfire, and Microsoft Office.
• Must have relevant reservoir engineering experience with unconventional resource plays.
• Must be self-motivated and capable of independently integrating within multi-disciplinary teams.
• Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization.

Preferred Qualifications

• Operations experience (production, completions, drilling, etc.).
• 1+ years of reservoir engineering experience.
• Working knowledge of RTA (Whitson+ or equivalent).
• Experience working in the Delaware Basin.