Ascent Resources Management Services, LLC

Reservoir Engineer

Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Petroleum Engineering or related field
  • 5+ years of relevant work experience, with 3+ years specifically in reservoir engineering
  • Proficient in reservoir engineering principles and practices
  • Experience with unconventional play economics and production analyses
  • Familiarity with SEC and SPEE reserve reporting guidelines
  • Strong software skills, particularly in ARIES, Harmony, or Whitson
  • Excellent verbal and written communication skills

Responsibilities

  • Assist asset teams in developing operational inventory efficiently
  • Conduct technical evaluations to pinpoint improvement opportunities
  • Complete quarterly reserves evaluations as per SPEE and SEC standards
  • Lead asset evaluations for acquisition and divestiture (A&D) opportunities
  • Perform additional duties as assigned
  • Ensure compliance with company policies and procedures

Benefits

  • Benefits begin on day one
  • Generous 401(k) plan with 10% matching and 3% non-elective contributions
  • PTO aligned with industry experience
  • Tuition assistance offered after one year of employment
  • Half-day work-from-home Fridays
  • Twelve paid holidays per year
  • Various volunteer opportunities available
  • On-site gym and yoga studio for employee wellness
Full Job Description
Ascent Resources is seeking an experienced Reservoir Engineer. This position is located in Oklahoma City, OK and will report to the Manager - Reservoir Engineering.

This position assesses oil and gas deposits, estimates the size of a reservoir, and determines how much oil and gas reserves are in the reservoir. The Reservoir Engineer runs models and performs calculations as well as assists in business and development planning to add value to the company.

Primary Duties & Responsibilities

  • Assists the asset teams in efficient and timely development of inventory
  • Conducts technical evaluations to identify improvement opportunities
  • Completes quarterly reserves evaluation for the asset in accordance with defined SPEE and SEC requirements
  • Performs and leads asset evaluations for A&D opportunities
  • Performs related duties as assigned by supervisor
  • Maintains compliance with all company policies and procedures


Knowledge, Skills & Abilities

Minimum Requirements:

  • Proficient in all areas of Reservoir Engineering with foundational knowledge of operations, marketing, land, and geology
  • Experience with unconventional/resource play economics, production type curve analysis, PVT behavior, rate-transient analysis, and analytical modeling
  • Knowledge of SEC and SPEE reserve reporting guidelines and their application
  • Strong working knowledge of industry economic software-preferably ARIES
  • Experience with Harmony and/or Whitson software suites


Preferred:

  • Ability to manage multiple tasks and efficiently prioritize work to meet deadlines
  • Ability to proficiently utilize technical and administrative personnel resources
  • Ability to work independently and accomplish tasks with minimal supervision
  • Outstanding verbal and written communication skills as well as presentation skills
  • Proficiency in Microsoft Office Suite


Education & Work Experience Required

Minimum Requirements:

  • Bachelor of Science degree in Petroleum Engineering or related engineering discipline
  • 5+ years related work experience, 3+ years reservoir engineering experience preferred


Preferred:

  • Master's degree or PE License


Ascent Benefits

  • Benefits start day one
  • Generous 401(k) company matching program - 10% company matching 401(k) dollar for dollar, plus 3% non-elective 401(k) contribution
  • PTO based on industry or job-related experience
  • Tuition assistance after 1 year
  • Half-day WFH Fridays
  • Twelve paid holidays
  • Many volunteer opportunities
  • On-site gym and yoga studio


About Ascent Resources Management Services, LLC

Ascent Resources Management Services, LLC is a privately held independent energy company engaged in the acquisition, exploration, and development of oil and natural gas properties in the United States. The company's operations are focused on the Appalachian Basin, primarily in the Utica and Marcellus shale plays. Ascent Resources is headquartered in Dallas, Texas.
Learn more about Ascent Resources Management Services, LLC
Size
200 employees
Industry

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