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    Reservoir Engineer - Dallas, United States - West Lawn

    West Lawn
    West Lawn Dallas, United States

    1 week ago

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    Description
    Ellipsis U.S. Onshore ("Ellipsis") is a new division of Westlawn.

    Westlawn is a private investment firm focused on upstream oil and gas investments, with an initial concentration on North America, Latin America, and the Middle East.

    In addition to Ellipsis, Westlawn has two further divisions
    • Americas Offshore, and Oman.
    Ellipsis is currently seeking non-operated working and mineral interests throughout the major onshore US basins.

    The Reservoir Engineer will be responsible for assisting the technical team in several areas including but not limited to production monitoring and forecasting, type curve creation, LOS analysis, capex analysis, JIB reviews, reserves reporting, asset evaluations, and A&D market surveillance.

    They will also act as a liaison between the technical team and the finance team to convert reserve report statements into outputs suitable for corporate level returns models.

    A comprehensive understanding of petroleum economics and associated inputs are required.

    The successful candidate will be comfortable in a fast-paced environment with changing priorities from a multi-disciplined team and will be expected to adapt to the business needs in various capacities (learning new software, assisting other departments, etc.).The position will initially be focused on managing existing assets as well as assisting business development efforts and basin studies to grow the portfolio.

    ResponsibilitiesBuild, manage, update, and manipulate reserves databases in ARIES and ComboCurve to generate cash flow statements and build out full field development models to determine rate of return and economic values of acquisition targets, producing assets, and new drilling programsReview and interpret operator data from public and private sources (LOS, AFEs, marketing contracts, operational parameters, etc.)Analyze drilling, completion, and production data from multiple proprietary and public sources and incorporate findings into acquisition evaluationsWork with operating partners to identify procedures, practices, and potential targets to maximize the value of assetsUtilize reserves management software to generate and maintain evergreen type curves and projections based on public and private oil and gas data to determine rate of return and economic values of producing assets and leasesPerform basin studies to identify trends and production characteristicsProduce reserve data, comparisons, and reconciliations to understand asset valuations and changes to valuations over timeResearch public oil and gas records to analyze production and performance drivers within areas of interestCreate summaries and presentation materials of technical work for Investment Committee meetingsRequirementsBachelor's degree in engineering requiredMinimum of 5 years of experience with at least 3 years of experience in a Reservoir Engineering roleAdditional experience in operations or production preferredHighly proficient with ARIES, MS Office, and EnverusProven track record of handling multiple projects concurrently under tight deadlinesStrong analytical and organizational skillsDirect experience in decline curve analysis, type curve generation, economic evaluation, reserves, well surveillance, and statistical analysisSome travel may be required (data rooms, conferences, etc.)

    Flexible to work a variety of hours which could include nights and weekends as business needs dictate
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