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Occidental Petroleum

Produces oil and gas and develops carbon capture

GOA Reservoir Engineer

Mechanical EngineeringConfirmed live in the last 24 hours
Full-timeThe Woodlands, TX, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Petroleum Engineering or a closely related engineering discipline is required.
  • At least fifteen years of total oil and gas experience, including at least five years of Gulf of America reservoir engineering experience with hands-on reservoir simulation history matching and modelling.
  • Demonstrated expertise in material balance, decline curve analysis, well productivity analysis, and reservoir simulation for conventional reservoirs.
  • Strong working knowledge of SEC reserves guidelines and reserves reporting processes.
  • Proficiency in petroleum economics and decision analysis, preferably using PEEP/MOSAIC.
  • Self-directed; sets priorities, organizes and carries out own work plan while staying proactively available to all asset teams.
  • Communicates clearly and effectively across disciplines and with all levels of leadership.
  • Leads and coordinates ad-hoc business needs and general reservoir engineering duties, such as budget comparisons, economic analysis, and decision analysis, with minimal supervision.
  • Collaborative team player in an integrated, multidisciplinary environment with a commitment to developing others.

Responsibilities

  • Lead reservoir performance analysis and production forecasting for conventional deepwater reservoirs using material balance, decline curve analysis, well productivity analysis, and reservoir simulation.
  • Analyze well and reservoir production performance to identify optimization opportunities, risks, and recommended actions.
  • Apply reservoir surveillance and management best practices across the full field development life cycle.
  • Partner with Planning and Asset Teams to review and compile monthly asset forecasts, annual portfolio submissions, and SEC reserves, and support third-party reserves audits.
  • Prepare, document, and defend reserves estimates in accordance with SEC reserves guidelines.
  • Perform economic evaluations in PEEP/MOSAIC, including forecasting, pricing, cash flow prediction, and financial modelling, to value producing properties and support acquisition/divestiture transactions.
  • Apply decision trees, probabilistic and statistical methods, optimization, and portfolio analysis to frame, rank, and de-risk investment opportunities.
  • Lead and coordinate special projects and ad-hoc business needs, such as budget comparisons, with internal and external stakeholders.
  • Coach and mentor less-experienced reservoir engineers and participate in peer reviews and peer assists; this work accounts for approximately 10–25% of the role.

Desired Qualifications

  • A master's degree in Petroleum Engineering or a related field.
  • Deepwater development experience, such as subsea tiebacks, waterflood, or pressure maintenance projects.
  • Experience supporting third-party reserves audits and acquisition/divestiture evaluations.
  • Experience with industry reservoir simulation, PTA, and production analysis software.
  • Professional Engineer license or SPEE membership.

About the Company

Occidental Petroleum

Produces oil and gas and develops carbon capture

Occidental Petroleum produces and sells oil and natural gas to energy customers in the United States and overseas. Its portfolio spans the Permian Basin and the Rockies, offshore Gulf of America fields, and the Al Hosn Gas project in the United Arab Emirates. It earns revenue from selling these commodities, while its marketing business also buys third-party crude to make use of pipeline and export terminal capacity. Its subsidiaries 1PointFive and Carbon Engineering develop direct air capture technology and industrial projects to remove carbon dioxide from the air and store it underground. Founded in 1920, Occidental is headquartered in Houston, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Houston, TX
Founded
1920

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