Planning Economist
During 2024, net production averaged 775 MBOED. Position Overview As a Planning Economist, you will provide accurate and actionable economic evaluations that guide critical decisions across ConocoPhillips. This role works within a multidisciplinary team and offers exposure to the Permian Leadership Team and Executive Leadership Team (ELT). It is ideal for professionals seeking to build on a financial background while gaining experience in strategy and economic analysis. Your responsibilities may include:
- Coordinate with asset teams to produce Long Range Plans (LRP), Budget, and Outlook forecasts, ensuring timely delivery for management review
- Deliver clear, well-structured economic analysis that supports portfolio evaluations and enables informed decisions
- Develop, maintain, and run economic models, primarily using Excel
- Refine and update financial planning variables such as shrink/yield, realizations, and transportation & processing costs
- Respond to inquiries and support management in understanding business results and projections
- Assist with reserve economic modeling in collaboration with the Chief Reservoir Engineering team
- Must be legally authorized to work in the United States
- Bachelor's degree or higher in Finance, Economics, Engineering, Geology, or related field
- 3 or more years of experience in the oil and gas industry
- Basic understanding of how key financial and quantitative indicators impact business performance
- Intermediate proficiency with Microsoft Office 365 applications (Excel, Outlook, PowerPoint, Word, SharePoint, Teams)
- 1 or more years of experience preparing and delivering presentations to leadership
- 1 or more years of experience applying economic modeling tools
- 1or more years of experience facilitating multidisciplinary teams in problem-solving sessions
- Basic proficiency in upstream project cash flow construction, economic measures of merit, and related financial metrics
- Intermediate knowledge of decision and risk analysis processes and methods
- Strong focus on quality control and ability to complete tasks independently
- Highly motivated and results-oriented, with the ability to manage multiple priorities and deadlines
- Strong team orientation and collaboration skills
- Self-starter with the ability to manage responsibility and handle periods of high workload
- Actively listens and values diverse perspectives, fostering collaboration and influencing positive outcomes
- Takes ownership of commitments and holds self and others accountable for ethical, timely results
- Plans realistically and delivers results through effective prioritization and execution
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