Business Development Engineer

Permian Resources

$90K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BS in Petroleum Engineering or related field
  • 5+ years of oil and gas engineering experience; at least 2 years in Reservoir Engineering
  • Experience with unconventional resource plays, particularly in the Delaware Basin
  • Self-motivated and able to work within multi-disciplinary teams
  • Strong verbal and written communication skills for effective engagement at all organizational levels
  • Proficient in ARIES and Microsoft Office

Responsibilities

  • Collaborate with the Business Development team to evaluate acquisitions, divestitures, and trades
  • Support the technical BD team throughout the evaluation process, from data management to deal quantification
  • Create and present high-quality engineering analysis and recommendations to senior management
  • Work with technical teams to leverage knowledge for asset underwriting
  • Integrate technical underwriting with corporate modeling alongside the Finance Team
  • Facilitate transitions of deals between Business Development and Asset Teams

Benefits

  • Opportunity to work in a fast-paced, collaborative environment
  • Involvement in high-stakes evaluations impacting the company's portfolio
  • Engagement with senior management and diverse technical teams for seamless knowledge exchange
  • Professional development through exposure to various aspects of business development and technical underwriting
  • Potential for career advancement within a growing organization
Full Job Description
Job Description:

Permian Resources (NYSE: PR) is currently seeking a Business Development Reservoir Engineer in Midland, Texas. This position will be responsible for providing technical support in evaluations and underwriting for Permian Resources A&D activity. The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working with multi-disciplinary teams in a fast-paced environment.

General Responsibilities:
  • Work with multidisciplinary Business Development team to collaborate and deliver evaluations of acquisitions, divestitures and trades across the PR portfolio
  • Support current technical BD team in all steps of the evaluation, from data management to the quantification of all pieces of a prospective deal
  • Create, generate and present high quality engineering analysis and recommendations to senior management
  • Collaborate with broader Permian Resources' technical teams to leverage existing knowledge and synergies to support underwriting of assets
  • Work with Finance Team to integrate technical underwriting into corporate modeling
  • Execute hand off from Business Development to Asset Teams as deals are transitioned into and out of PR portfolio


Minimum Qualifications:
  • BS in Petroleum Engineering or related field
  • 5+ years of oil and gas engineering experience with 2+ years of Reservoir Engineering experience
  • Relevant experience with unconventional resource plays, with specific interest in candidates with Delaware Basin experience
  • 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
  • Proficiency in ARIES and Microsoft Office


Preferred Qualifications:
  • Some operations experience (Production, Completions, Drilling, etc.)
  • Working knowledge of Spotfire


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