Reservoir Engineer

Purpose & Key Objectives

• The Reservoir Engineer role will focus on conducting reservoir modeling and simulation studies, reserve and resources maturation, optimizing production, and contributing to field development strategies for Lekoil’s oil and gas portfolio.
• The job holder will champion activities for maximizing reservoir performance and recovery while minimizing costs and ensuring efficient operations.
• The job holder will also showcase advanced technical expertise in analyzing, optimization and management of oil and gas reservoirs.

Principal Accountabilities

• Ensure that development plans consistently meet forecast expectations and deliver a strong economic outcome.
• Timely preparation of quarterly production volume forecasts to support economics for asset development
• Lead reservoir engineering activities to assess, analyze, and optimize the performance of oil and gas reservoirs.
• Conduct reservoir simulation and modeling studies to predict reservoir behavior, production rates, and performance over time.
• Prepare reservoir engineering contributions for drilling and workover proposals.
• Develop and implement reservoir management strategies aimed at optimizing recovery, reducing costs, and enhancing production efficiency.
• Design and optimize field development plans, including drilling programs, well completion strategies, and production forecasting.
• Collaborate with geologists, geophysicists, petrophysicists and production technologists to ensure integrated solutions for reservoir optimization and field development.
• Perform reserve and resources estimation and reporting in compliance with industry standards and regulations.
• Monitor and evaluate ongoing reservoir performance, identifying opportunities for optimization or intervention.
• Stay up to date with industry trends, emerging technologies, and best practices in reservoir engineering.
• Prepare detailed technical reports, presentations, and analyses to communicate findings and recommendations to senior management and stakeholders.
• Preparation of technical reports, presentations, and performance summaries for senior management and stakeholders.
• Foster collaboration between the Subsurface team and other departments (e.g., Facilities, Well Engineering, operations) to ensure that all aspects of reservoir development and optimization are implemented.
• Provide mentorship and technical guidance to junior engineers and reservoir engineering teams.
• Lead reservoir engineering initiatives, ensuring adherence to best practices and high-quality standards.
• Develop own succession to allow further move to Asset Lead and/or Commercial roles.
• Assist in preparing and managing the reservoir engineering portion of the field development or project budget, including costs related to software, as well as well testing and data acquisition.
• Evaluate opportunities to optimize costs in reservoir engineering operations, such as more efficient modeling techniques, using less expensive software tools, or optimizing data acquisition and processing efforts.
• Perform cost-benefit analysis and economic evaluation of various reservoir management strategies, including well placements, enhanced oil recovery (EOR) methods, and new field development plans. Provide recommendations based on maximizing net present value (NPV) and internal rate of return (IRR).
• Evaluate and recommend the most cost-effective reservoir development strategies, taking into account the expected production rates, capital costs, operating costs, and potential risks.
• Evaluate potential investments in reservoir-related projects, assessing the financial returns and risks associated with exploration, development, and production activities.
• Perform all other duties that are necessary and reasonably attached to this Reservoir Engineer position and the fulfillment of its responsibilities.
• Any other responsibilities as assigned by the OPL 310 Asset Lead.

Job Requirements

Qualifications

• Bachelor’s degree in petroleum engineering, Chemical Engineering, or a related discipline.
• Post-graduate degree in a related discipline is an advantage.
• Certification of related courses.

Experience

• A minimum of 6-10 years of experience in reservoir engineering in a major international oil and gas company.
• Showcase technical contributions in Petroleum and Reservoir Engineering through publications and mentoring programs.

Knowledge, Skills & Competencies

• Extensive experience working in a variety of reservoir environments (e.g., conventional, unconventional, offshore, mature field
• Hands-on Expertise in reservoir simulation and modeling to predict long-term reservoir behavior, production rates, and performance forecasting.
• Extensive experience in reservoir management, field development, well reservoir intervention and surveillance.
• In-depth knowledge of fundamental reservoir engineering concepts, including fluid dynamics, rock-fluid interactions, pressure transient analysis, reservoir modeling, and well testing.
• Significant hands-on experience with field development strategies, well planning, and reservoir management in large-scale projects or complex reservoirs.
• Experience in managing multiple projects simultaneously, ensuring alignment with company objectives, timelines, and budget.
• Familiarity with industry standards, regulations, and best practices in reservoir engineering.
• Strong communication skills with the ability to present complex technical data to non-technical stakeholders.
• Demonstrated commitment to health, safety and environmental standards in all aspects of engineering work.
• Expertise in identifying and applying strategies to optimize production, including well performance evaluation, completion design, artificial lift systems, and production forecasting.
• Knowledge of production logging, nodal analysis, and other techniques to analyze well performance and suggest improvements.
• Familiarity with simulation history matching, and uncertainty quantification to improve model accuracy.
• Expertise in conducting economic evaluations for various development scenarios, including reserve estimation and financial modeling.

Personal Attributes

• Excellent analytical, problem-solving, and decision-making abilities.
• Ability to adapt to changing project requirements, technology, and industry conditions.
• Prioritizes safety and environmental considerations in all aspects of reservoir engineering work.
• Maintaining composure and productivity during challenging and high-pressure situations, ensuring deadlines and deliverables are met.
• Takes ownership of reservoir engineering projects and outcomes, ensuring responsibilities are met and project goals achieved.
• A collaborative mindset, understanding the importance of working with diverse teams and ensuring all stakeholders are aligned on objectives and outcomes.
• Strong analytical skills to interpret complex data, identify patterns, and develop strategies to optimize reservoir performance.
• Great attention to detail, scrutinizing data and models carefully, ensuring accuracy in predictions, reports, and recommendations.
• Willingness to continually enhance technical and leadership skills through training, certification, and staying informed on industry developments.
• Skilled in handling disagreements or differences of opinion constructively, promoting a positive and cooperative work environment.

Other Requirement

• Must reside and be eligible to work in the US.
• Must live within the Houston vicinity.