Reservoir Engineer - Permian

Crescent

$130K — $155K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Petroleum Engineering, Mechanical Engineering, or related field.
  • 5-15 years of relevant upstream experience with a strong foundation in reservoir engineering.
  • Experience with unconventional reservoirs through production forecasting and decline analysis.
  • Proficient in ARIES for economic evaluation and decline-curve analysis.
  • Proficiency in production-analysis tools like Whitson+ or similar software.
  • Skilled in analytical and visualization tools such as Spotfire and PowerBI.
  • Ability to make clear recommendations based on incomplete data.

Responsibilities

  • Apply basin-level playbooks and economic assumptions to evaluate assets.
  • Develop production forecasts and economic evaluations for opportunity assessments.
  • Assess well performance and development timing using analytical tools.
  • Collaborate with Land, Geoscience, and Investment teams to identify growth opportunities.
  • Evaluate leases to improve asset value and development efficiency.
  • Monitor competitor activity for strategic insights.
  • Communicate technical and commercial insights to stakeholders effectively.
  • Manage multiple evaluations swiftly while ensuring analytical rigor.

Benefits

  • Collaborative team environment fostering strong interpersonal relationships.
  • Opportunities to work on unconventional assets specifically in the Permian Basin.
  • Engagement with cross-functional teams including Land and Geoscience.
  • Focus on practical, actionable recommendations within a fast-paced environment.
  • Exposure to high-level asset management and strategic growth initiatives.
Full Job Description
We are seeking a Reservoir Engineer to support asset development and portfolio growth across our unconventional assets, with an initial focus on West Texas/Permian Basin. This role will apply reservoir engineering, economic analysis, and competitive intelligence to evaluate acreage, leasing, trade, development, and other growth opportunities.

The Reservoir Engineer will work closely with Land, Geoscience, the Investment team, and asset leadership. The successful candidate will be a reservoir engineer first: technically credible, commercially minded, able to work quickly, and comfortable making practical recommendations with incomplete information.

Key Responsibilities
  • Apply Crescent's basin-level playbooks, forecast maps, type curves, subsurface interpretations, and economic assumptions to assets and opportunities under evaluation.
  • Develop fit-for-purpose production forecasts and economic evaluations for acreage, trades, leasing opportunities, and development scenarios.
  • Use ARIES, Whitson, Spotfire, public data, and other analytical tools to assess well performance, inventory potential, development timing, costs, and economic sensitivities.
  • Partner with Land, Geoscience, and the Investment team to identify, screen, and prioritize acreage and portfolio-growth opportunities.
  • Evaluate how potential leases and trades could improve working interest, lateral length, inventory quality, development efficiency, and overall asset value.
  • Monitor competitor activity, well results, permits, transactions, acreage positions, and development strategies to identify implications and opportunities for Crescent.
  • Clearly communicate assumptions, uncertainty, risks, sensitivities, and recommendations to technical, commercial, and leadership audiences.
  • Manage multiple fast-moving evaluations while balancing analytical rigor with the speed required to support timely decisions.
  • Build strong working relationships across the organization and contribute positively to the energy, trust, and camaraderie of the team.


Required Qualifications
  • Bachelor's degree in Petroleum Engineering, Mechanical Engineering, or a related discipline.
  • Typically 5-15 years of relevant upstream experience, including a strong foundation in reservoir engineering. Capability, judgment, and technical credibility are more important than exact tenure.
  • Experience evaluating unconventional reservoirs through production forecasting, decline analysis, rate-transient analysis, analogs, and economic evaluation.
  • Strong proficiency in ARIES for economic evaluation and decline-curve analysis.
  • Proficiency with Whitson+ or comparable production-analysis and RTA software.
  • Experience using Spotfire, PowerBI or similar analytical and visualization tools.
  • Ability to develop clear, defensible recommendations from incomplete or conflicting information.
  • Strong communication skills and a proven team-first mentality.


Preferred Qualifications
  • Permian Basin experience. Experience in other unconventional basins will also be considered.
  • Experience supporting leasing, trades, acreage valuation, portfolio optimization, business development, or A&D evaluations.
  • Experience working directly with Land, Geoscience, Investments, Finance, or corporate-development teams.
  • Broad exposure to development planning, production operations, drilling, or completions.

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