W&T Offshore, Inc.

Reservoir Engineer

W&T Offshore, Inc.$120K — $150K *
Energy & Utilities
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering with 15+ years of reservoir engineering experience
  • Proficient in reserves evaluation and economic analysis for petroleum ventures
  • Basic understanding of geology, drilling, completions, and production operations
  • Experience with ARIES software and other petroleum engineering tools
  • Strong presentation and communication skills; team-oriented and self-starter
  • Ability to manage priorities and deadlines, especially under stress
  • Experience with history-matching methods and recovery processes is a plus

Responsibilities

  • Evaluate potential acquisition and divestiture opportunities in various basins
  • Contribute engineering expertise to multidisciplinary evaluation teams
  • Develop economic models for drilling prospects and acquisitions
  • Prepare detailed summary packages and present findings to senior management
  • Engage in post-bid due diligence and transition processes
  • Perform additional duties as required

Benefits

  • Health & welfare benefits
  • 401k match
  • Competitive pay
  • Annual bonus program (STI)
Full Job Description
TITLE: Reservoir Engineer Please note: Title and compensation will be assigned commensurate with the candidate's experience.

WORKING LOCATION: Houston Office - 5718 WESTHEIMER RD 77057

FULL-TIME/PART-TIME: Full-Time

SCHEDULE: Mon -Thurs - 9 hours/Friday - 4 hours (remote)

FLSA STATUS: Hourly, Non-Exempt

POSITION SUMMARY: Lead and/or participate in focused, multi-disciplinary teams charged with evaluating acquisition, divestiture, and drilling prospect opportunities in targeted regions or plays.

PRIMARY RESPONSIBILITIES:

  • Provide reservoir engineering expertise in evaluating potential acquisition or divestiture opportunities in various basins.
  • Contribute engineering skills to multidiscipline evaluation as designated.
  • Prepare economic models for various opportunities.
  • Prepare summary packages and present results and recommendations to senior management, in timely manner within deadlines.
  • Participate in post-bid due diligence and transition processes.
  • Additional duties and responsibilities as assigned.


KNOWLEDGE, EDUCATION & EXPERIENCE:

  • Proficient in reserves evaluation and economic analysis of petroleum ventures
  • Basic knowledge of geology, drilling, completions and production engineering, and production operations.
  • Working knowledge of Aries economic software, public production databases, and other petroleum engineering software.
  • Oral presentation skills, ability to interact in a positive manner with senior management.
  • Team oriented, self-starter, with strong leadership and communication skills
  • Ability to work with multiple and changing priorities, short deadlines and ability to respond in high-stress situations.
  • Bachelor's degree in engineering with a minimum of 15 years of experience in reservoir engineering.
  • Advanced degree is a plus.
  • Strong working knowledge and understanding of reservoir characteristics and recovery mechanisms.
  • Strategic thinking and economic analysis skills.
  • Experience working as part of an interdisciplinary team with a multi-faceted workload.
  • Excellent communication skills and the ability to work effectively and efficiently.
  • Must possess the ability to execute projects based on ideas or concepts, within parameters assigned
  • Experience with history-matching methods and modeling a range of recovery processes, a plus
  • Applicable computer skills must include proficiency in software including: ARIES and other reservoir engineering tools.
  • Proficiency in MS Office applications (primarily Word and Excel).


ESSENTIAL FUNCTIONS:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.

  • Report to the Corporate Office daily and adhere to schedule
  • Ability to access, input, and retrieve information from a computer and/or electronic device
  • Ability to have face to face conversations with stakeholders, peers and management
  • Ability to sit or stand for long periods of time and move around work environment as needed
  • Comply with company policies and procedure.


PHYSICAL REQIREMENTS:

  • Requires prolonged sitting, some bending and stooping.
  • Occasional lifting up to 10 pounds.
  • Manual dexterity sufficient to operate a computer keyboard and calculator.


This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee.

W&T Offshore Inc. offers competitive total rewards including health & welfare benefits, 401k match, competitive pay and an annual bonus program (STI).

W&T Offshore does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

About W&T Offshore, Inc.

W&T Offshore, Inc. is an independent oil and natural gas producer. The company is engaged in the exploration, development, and acquisition of oil and natural gas properties in the Gulf of Mexico. The company's operations are focused on the deepwater and shallow water shelf areas of the Gulf of Mexico. The company's production is primarily sold to third-party customers. The company has a proven track record of successful exploration and development activities in the Gulf of Mexico. The company was founded in 1983 and is headquartered in Houston, Texas.
Learn more about W&T Offshore, Inc.
Size
323 employees
Market Cap
$797 million
Industry
Net Income
$37.7 million
5 Year Trend
+6.9%
Revenue
$346.6 million
NASDAQ

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