Full-Time

Workover and Completions Specialist

Onshore Resources and Carbon Management

Posted on 8/13/2025

Occidental Petroleum

Occidental Petroleum

10,001+ employees

Oil, gas production; carbon management focus

No salary listed

Hobbs, NM, USA + 2 more

More locations: Morton, TX, USA | Carlsbad, NM, USA

In Person

Category
Mechanical Engineering (1)
Requirements
  • HS diploma or GED Equivalent with 5+ years directly related experience
  • Strong knowledge of and commitment to applicable Health Environmental & Safety (HES) practices
  • Demonstrated ability and experience to coordinate and supervise well servicing activities
  • Demonstrated project management skills and experience in planning, scheduling, organizing and supervising well servicing equipment
  • Knowledgeable of best practices in well pulling, well repair and stimulation
  • Experience in performing root cause failure analysis and working economic evaluations
  • Knowledgeable of chemical treatment options and familiarity with down hole pump and equipment products and associated applications
  • Ability to perform accurate fluid shots to help determine down hole failures
  • Familiar with RRC rules and regulations surrounding well servicing operations in Texas
Responsibilities
  • Responsible for planning, organizing, coordinating, and supervising well servicing, workover, and completions activities
  • Performing root cause failure analysis and recommending solutions for down hole problems
  • Performing rig coordination, supervision, and safety inspections
  • Completing timely and accurate documentation of well work performed within appropriate software program
  • Tracking well service and material costs, assisting in managing down hole budget, and seeking cost reduction and efficiency enhancement methods
  • Working closely with cross functional team to ensure maximum production and injection efficiency to reduce failures and problem wells
Desired Qualifications
  • Production Tech experience is a plus for trouble shooting surface production failures around or near the wellhead
  • General knowledge of oil & gas field operations
  • Highly effective team player with excellent interpersonal skills

Occidental Petroleum (Oxy) is a global energy company that produces oil and natural gas and also works in carbon management and renewable energy. It operates by extracting and selling energy products to a worldwide customer base, while continuously investing in technology to lower costs and reduce environmental impact. Its operations span the United States, Middle East, Africa, and Latin America, and the company runs renewable projects such as a solar facility in the Permian Basin to support its energy mix. Compared with rivals, Oxy differentiates itself through its focus on environmental, social, and governance (ESG) metrics, low-cost operations, and the use of renewable energy and carbon-management initiatives to improve efficiency and reduce emissions. The company’s stated goal is to achieve net zero emissions from its operations by 2040 and net zero emissions from the use of its products (end-use) by 2050.

Company Size

10,001+

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1920

Simplify Jobs

Simplify's Take

What believers are saying

  • Free cash flow reached $1.7 billion before working capital in Q1 2026.
  • Debt fell by $5.8 billion after the OxyChem sale.
  • Carbon-management assets create optionality beyond traditional upstream production.

What critics are saying

  • Hedging continues to suppress upside during commodity price spikes.
  • Revenue can fall despite strong production, pressuring valuation and sentiment.
  • High leverage limits flexibility if crude prices weaken or acquisitions disappoint.

What makes Occidental Petroleum unique

  • Permian Basin execution drives above-guidance production and cash flow.
  • OxyChem sale sharpened focus on oil, gas, and carbon management.
  • Richard Jackson brings Middle East, drilling, and low-carbon operating experience.

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Benefits

Professional Development Budget

Conference Attendance Budget

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
Yahoo Finance
Apr 3rd, 2026
Occidental Petroleum CEO retires as firm pivots to carbon management and debt reduction

Occidental Petroleum has announced CEO Vicki Hollub's retirement, with Richard Jackson taking over as the company shifts focus towards carbon management and balance sheet transformation. The leadership change follows the sale of OxyChem, refocusing the firm on core energy and low-carbon businesses. The transition comes as Occidental emphasises carbon management alongside financial discipline. At $62.97, shares trade roughly 3% above the $60.88 analyst target, though analysts suggest they remain 45.5% below estimated fair value. Key investor considerations include capital allocation following the OxyChem sale and spending balance between low-carbon projects and traditional oil and gas. The company carries high debt levels, with profit margins declining from 9.8% to 6.3%, making Jackson's execution on leverage and profitability crucial.

Yahoo Finance
Mar 27th, 2026
Occidental Petroleum hits 52-week high as CEO Vicki Hollub to retire after four decades

Occidental Petroleum has raised $120 million in a Series C round led by Ribbit Capital, valuing the company at $1.45 billion. Sequoia and Kleiner Perkins participated, with Emerson Collective joining as a new backer. The pre-revenue company is developing "Mathematical Superintelligence", an AI system focused on advanced reasoning that claims to eliminate hallucinations by requiring outputs in Lean4 programming language, which can be verified for correctness. Its flagship model, Aristotle, achieved top-level performance at the International Mathematical Olympiad in July. Founded in 2023, Harmonic has now raised $295 million across three funding rounds in 14 months. The company currently offers Aristotle via a free API and plans to commercialise in safety-critical industries like aerospace and finance.

Yahoo Finance
Mar 20th, 2026
Occidental up 15.6% since last earnings despite revenue miss, production rises

Occidental Petroleum reported fourth-quarter 2025 earnings of 31 cents per share, beating the Zacks Consensus Estimate of 19 cents by 63.2%, though down 61.3% year over year. Total revenues of $5.42 billion missed estimates by 7.8% and declined 5.2% year over year. Total production volume was 1,481 thousand barrels of oil equivalent per day, exceeding the company's guided range. Shares have risen 15.6% since the last earnings report, outperforming the S&P 500. Occidental strengthened its balance sheet by completing the OxyChem sale on 2 January 2026, reducing debt by $5.8 billion and bringing principal debt to $15 billion. Strong fourth-quarter production was driven by robust contributions from Permian assets, with Gulf of America volumes up 5.1% year over year.

Yahoo Finance
Mar 11th, 2026
Occidental boosts debt tender to $1.2B and removes covenants on 2031 notes

Occidental Petroleum has completed a heavily subscribed cash tender offer, increasing its purchase cap from $700 million to $1.20 billion for several series of senior notes and debentures. The company paired the enlarged tender with consent solicitations that removed covenants and shortened redemption notice on its 6.125% 2031 Notes. The move represents a step towards simplifying Occidental's debt structure and increasing financial flexibility. The company recently raised its quarterly dividend to $0.26 per share, demonstrating how management is allocating cash between shareholders and creditors. Whilst the debt tender and covenant changes appear incremental rather than transformative, investors should monitor oil price volatility and leverage risks. Analysts project mixed outlooks, with some forecasting revenue declining to around $26.2 billion by 2028.

Yahoo Finance
Mar 5th, 2026
Buffett's Occidental Petroleum rises 18% despite falling oil prices and $5.8B OxyChem sale

Occidental Petroleum rose 18.07% to $53.68 over the past year, outperforming despite falling oil prices. The company beat earnings estimates every quarter in 2025, with Q3 delivering a 29.90% EPS beat at $0.64 against consensus of $0.49. The transformative development was Occidental's sale of OxyChem to Berkshire Hathaway for $5.8 billion, which closed in January 2026 and enabled significant debt reduction to $15 billion. Full-year 2025 EPS reached $2.21 on revenue of $22.4 billion. Shares recently surged 6% on US-Iran tensions and Strait of Hormuz supply concerns. However, the consensus analyst target price of $51.88 suggests the stock is slightly overvalued at current levels, with 16 Hold, six Buy and four Sell ratings.

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