Job Description: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 (as detailed below). The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her 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.
General Responsibilities- Work with 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 team to analyze completion and production practices that optimize value across acreage position
- Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
- Support Reserves Manager in analysis of quarterly reserves update and biannual bank redeterminations
- Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy
- Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly
- Other duties as assigned
Minimum Qualifications- BS in Engineering and 4+ years of oil and gas engineering experience
- Proficiency in ARIES 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- Some operations experience (production, completions, drilling, etc.)
- 2+ years of reservoir engineering experience
- Working knowledge of Spotfire, ComboCurve, and Whitson+ (RTA)
- Experience working the Delaware Basin
