Summer 2027
Reservoir Engineer Intern
Posted on 8/26/2026
Repsol
10,001+ employees
Global energy company: oil, gas, renewables
No salary listed
No H1B Sponsorship
The Woodlands, TX, USA
In Person
Non-local candidates must arrange their own travel and temporary accommodations. On-site work is expected Monday-Friday, with an optional 9/80 schedule at the manager’s discretion.
Bachelor's
 Data & Analytics (1) |
|---|
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- Fully authorized to work for any employer in the United States without sponsorship now or in the future, and not authorized for employment under OPT, CPT, or F-1 visa programs.
- Successful completion of two years toward a Bachelor's degree or higher in an engineering discipline.
- Currently enrolled as a student for the Fall 2027 semester and not graduated before the internship starts.
- Detail-oriented with a strong analytical background.
- Experience with the Microsoft Office Suite of Products.
- Understanding of and enthusiasm for the oil and gas industry.
- Strong written and oral communication skills with technical and non-technical staff.
- Ability to work independently and within a team.
- Professional conduct suitable for success in the position.
- Organizational and time-management skills.
- Support engineers with daily project activities and assigned tasks.
- Assist with data compilation, organization, and basic analysis related to completion operations.
- Help prepare reports, presentations, and supporting technical documentation.
- Participate in team meetings, project discussions, and engineering reviews.
- Collaborate with cross-functional teams such as drilling, geology, subsurface, production, and health, safety, and environment as needed.
- Follow established safety standards, procedures, and company policies.
- Complete an assigned internship project and present the results at the conclusion of the program.
Repsol is an energy company that operates across the oil and gas value chain, including exploration, production, refining, and selling fuels, and is expanding into a multi-energy portfolio as part of the energy transition. Its products come from extracting hydrocarbons, processing them into fuels and other energy products, and distributing them to markets, while it increasingly adds new energy forms and services. The company differentiates itself through its long history of international expansion, strategic partnerships, and large-scale asset transactions, such as selling a stake to EIG to fund its transition. Its goal is to monetize its existing assets while accelerating the shift to a diversified, lower-carbon energy mix, potentially supported by a US IPO for its upstream unit from 2026 onward.
Company Size
10,001+
Company Stage
IPO
Headquarters
Madrid, Spain
Founded
1987
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Simplify's Take
What believers are saying
- First-half 2026 adjusted net income reached €2.711 billion, proving strong operating leverage.
- Net debt fell to €3.667 billion by June 2026, improving dividend flexibility.
- Masdar’s 49.99% Spain renewables purchase unlocks capital for higher-return projects and buybacks.
What critics are saying
- Iberdrola’s Santander greenwashing case still stains Repsol’s brand after the 2025 ruling.
- Pikka’s ramp to 80,000 barrels daily in Q3 2026 carries execution and cost risk.
- Oil-price swings can erase inventory gains, as 2026 profits still depend on volatile commodity markets.
What makes Repsol unique
- Repsol blends refining, upstream, and renewables, preserving cash flows while funding transition.
- Pikka started producing in May 2026, adding rare new U.S. offshore-style barrels.
- Masdar’s June 11, 2026 deal validates Repsol’s renewable portfolio quality and monetization discipline.
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Benefits
Hybrid Work Options
Company News
Repsol E&P S.à r.l. (Repsol E&P), the holding company of the exploration and production (Upstream) business of Repsol, S.A. (Repsol) Group, through
Repsol SA reported strong Q2 2026 results with adjusted net income of €1.8 billion, over €1 billion higher year-on-year. First-half adjusted net income reached €7.2 billion, up 135% compared to 2025. The Spanish energy company reduced net debt to €3.7 billion by end of Q2, down €1.1 billion from March 2026. Its gearing ratio stood at 11.3%. Repsol achieved a major milestone with the start-up of the Pikka project in Alaska. Production reached 558,000 barrels of oil equivalent per day, 4% above the previous quarter. The company announced a total cash dividend of €1.051 per share for 2026, approximately 8% higher than 2025. However, geopolitical tensions around the Strait of Hormuz created extreme volatility, whilst a €1.3 billion working capital build-up affected cash generation.
Abu Dhabi's Masdar has finalised an agreement to acquire a 49.99 per cent stake in Spain's Repsol Renewables for €849 million ($978 million). The transaction includes 705 megawatts of operational capacity comprising six solar parks and 13 wind farms, with potential to add 565MW in future. Subject to regulatory approval, the deal is expected to close by year-end. Once completed, Masdar will have 4.1 gigawatts of operational capacity across the Iberian Peninsula, with approximately 1GW under development. Owned by Taqa, Adnoc and Mubadala, Masdar has developed projects in over 40 countries with combined capacity exceeding 51GW. The company aims to reach 100GW of renewable capacity by 2030, supporting the UAE's clean energy and decarbonisation goals.
Talks for Saudi Aramco to buy a minority stake in Repsol's renewables unit have stalled, with no plans to resume. The potential €1 billion ($1.2 billion) investment hit a dead end as Aramco seeks to sell assets and cut costs. Repsol, diversifying into renewables, saw its shares rise 24% in 2025. In 2022, Repsol sold a 25% stake in its renewables business for €905 million, valuing the unit at €4.38 billion. Repsol continues to invest in renewables, prioritizing returns.
Stonepeak has agreed to acquire a 46.3% stake in Repsol's U.S. solar and storage portfolio for $340 million, highlighting a shift towards renewable energy. The portfolio, valued at approximately $795 million, includes the 632-megawatt Frye solar farm in Texas and the Jicarilla complex in New Mexico, which combines 125 megawatts of solar with a 20-megawatt battery storage system. Legal firms Vinson & Elkins LLP and Latham & Watkins LLP represented Stonepeak and Repsol, respectively.