Devon Energy Corporation

Senior Reservoir Engineer

Devon Energy Corporation$120K — $145K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in reservoir engineering or related technical disciplines
  • Bachelor's degree in Petroleum, Chemical, Mechanical Engineering or closely related field
  • Experience with investment banking, private equity, or business development preferred
  • Strong expertise in upstream valuation methodologies
  • Proficient in data analysis and economic evaluation tools like ARIES, ComboCurve, and Excel

Responsibilities

  • Identify and evaluate acquisition and joint venture opportunities to expand inventory
  • Lead evaluations with multidisciplinary teams for field development plans
  • Develop well spacing strategies and completion designs
  • Conduct performance analysis and production decline evaluations
  • Perform economic analysis of field development and acquisition opportunities
  • Manage large datasets to predict reservoir characteristics
  • Lead projects in advanced reservoir characterization and performance modeling

Benefits

  • Exposure to senior leadership and opportunity to influence company strategy
  • Mentoring opportunities for junior engineers
  • Access to advanced AI and machine learning tools
  • Collaborative work environment across multiple disciplines
  • On-site position at the Marcellus Business Unit office
Full Job Description

Devon Energy is hiring a Senior Reservoir Engineer in Pittsburgh

Job Profile Summary:

Devon Energy is seeking a Senior Reservoir Engineer to drive inventory growth across the Appalachian Basin. This role will focus on identifying, evaluating, and maturing opportunities that expand Devon's inventory position through acquisitions, joint ventures and leasing. In addition, this role will lead technical and economic evaluations supporting drilling, completion, spacing, and field development decisions across Devon's existing assets.

The successful candidate will combine reservoir engineering expertise, commercial acumen, and data-driven decision making to influence capital allocation and growth strategy across the Appalachian Basin. This is a highly visible role with direct exposure to senior leadership and significant opportunity to influence the scale, inventory depth, and long-term direction of Devon's Marcellus Business Unit.

We are looking for a highly independent engineer who thrives in ambiguous environments, proactively identifies opportunities, challenges conventional thinking, and drives initiatives from concept through executive recommendation with minimal supervision.

This position is based on site at our Marcellus Business Unit office in Pittsburgh, Pennsylvania.

Essential Duties and Responsibilities:

• Proactively identify, evaluate, and champion acquisition, leasing, and joint venture opportunities capable of materially expanding Devon’s Appalachian inventory position

• Lead multidisciplinary evaluations with geoscience, operations, and land teams supporting acquisition opportunities and field development plans

• Develop and recommend field development plans, well spacing strategies and completion designs to maximize long-term asset value

• Conduct well performance analysis, pressure interpretation, volumetric calculations, recovery method assessments, and production decline curve evaluations

• Perform economic analysis of field development programs and acquisition and leasing opportunities using Excel, ARIES, ComboCurve and AI tools

• Gather, organize, and interpret large datasets to define reservoir characteristics and generate technically grounded well performance predictions

• Evaluate Lease Operating Expenses (LOE) and operational costs for accuracy and alignment with asset performance

• Lead special projects as needed, including advanced reservoir characterization and generation of various basin-wide well performance models

Create decision-ready technical and economic narratives that enable rapid executive decision-making

• Maintain a basin-wide perspective on operator activity, valuation trends, acreage availability, and emerging development opportunities across the Appalachian Basin

• Mentor and develop junior engineers

Skills and Experience:

• Proven success supporting acquisitions, divestitures, acreage trades, joint ventures, and large-scale strategic transactions

• Demonstrated experience leading field development plans, optimizing well spacing and completion designs, and making capital allocation recommendations

• Strong understanding of upstream valuation methodologies and asset transaction processes

• Advanced use of ARIES, Spotfire, ComboCurve, Whitson+ and Excel for technical and economic evaluations

• Experience leveraging AI and machine learning tools to identify opportunities, accelerate asset evaluations, and improve decision quality

• Extensive experience with reservoir engineering methods, including material balance, rate transient analysis, volumetric calculations, and type curve generation

• Demonstrated understanding of Appalachian Basin geology, well performance, spacing, and competitive operator activity preferred

• Advanced capability in analyzing large datasets with robust statistical and machine learning workflows

• Demonstrated ability to create executive-level investment recommendations for acquisition or capital allocation decisions

• Demonstrated ownership, initiative, and bias for action, with the ability to operate independently while building alignment across technical and commercial disciplines

Education Requirements:

• Bachelor’s degree required: Petroleum, Chemical, Mechanical Engineering or closely related field

• MS Finance, MS Economics or MBA preferred

Years of Experience:

• 8+ years of experience in reservoir engineering or related technical discipline preferred

• Investment banking, private equity, corporate development, or business development experience preferred

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).

Devon Energy Corporation Careers

Join the dynamic team at Devon Energy Corporation, a leading name in the energy sector, where innovation, leadership, and a commitment to sustainability drive the way forward. At Devon, we offer a range of job opportunities that allow you to explore your potential and propel your career to new heights. Work You’ll Do At Devon Energy Corporation, you’ll be part of a culture that cherishes diversity, innovation, and leadership. Our team is composed of highly skilled professionals dedicated to advancing the energy industry through smart, sustainable practices. Whether you’re interested in a technical, administrative, or leadership position, Devon provides a platform for professional growth and personal development. Join our market-leading team to help redefine the energy landscape and make a significant impact on a global scale. Lead from a unique position in the marketplace, at the intersection of technology, industry expertise, and digital innovation. Career Opportunities Devon Energy Corporation is not just a company; it’s a place where you can shape your future. Explore job opportunities in various fields, including engineering, geoscience, environmental science, and business management. With Devon, you can go as far as your ambition takes you, thanks to our extensive support in training, development, and certification. Internship Programs Kickstart your career with Devon’s internship programs. Gain invaluable industry experience, develop your skills, and network with professionals. Our internships provide a solid foundation for understanding the core aspects of the energy sector and help you build a robust resume. Innovation and Growth Drive innovation and contribute to growth within an environment that values visionary thinking and a proactive approach to challenges. Devon is committed to employing advanced technologies and practices that lead to efficient and responsible energy production. Benefits and Culture Choose Devon and enjoy a wealth of benefits that go beyond the standard employment package. We offer competitive health benefits, retirement plans, and continuous diversity training to ensure a supportive and inclusive workplace. Our culture is built on mutual respect, collaboration, and a commitment to excellence. Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, creative, and solution-driven team players. At Devon, every team member plays a crucial role in our success. Stay Connected Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Join our community of forward-thinkers who are dedicated to making a difference in the world. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Devon Energy Corporation. Explore the possibilities with Devon Energy Corporation and be part of a team that’s leading the way in energy innovation and sustainability. Your journey to a fulfilling career starts here.
Learn more about Devon Energy Corporation
Size
1,600 employees
Market Cap
$39.7 billion
Industry
Net Income
-$2.6 billion
Founded
1971
5 Year Trend
+3.4%
Revenue
$4.8 billion
NASDAQ

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