Reservoir Engineer
Date: May 2, 2023
Location: Plano, TX, US, 75024
Company: Denbury Inc.
Job Summary
Denbury is currently seeking a Reservoir Engineer to oversee the field development and reservoir management duties for three major asset areas located in the central portions of CCA (Cedar Creek Anticline) located in southeastern Montana, covering more than 80,000 acres. The job will be based in Denbury’s corporate office located in Plano, Texas. The base field operations for CCA are in Baker, Montana. Production for this area averages ~4,400 BOEPD and includes a total well count measuring more than 700, of which ~400 are active wells. There are currently ~150 reserves cases covering this portion of CCA.
The Reservoir Engineer will perform all reservoir engineering activities on the assigned fields including identification of opportunities to pursue additional recovery, building and maintaining the reserves economic cases, and supporting operations engineers with appropriate reservoir diagnostics and assessments. Throughout the year, the Reservoir Engineer will re-forecast and report results against plan as needed.
The position will report to the CCA Asset Leader of the North Business Unit (NBU) and would best be filled by an individual with accomplished skills in reservoir engineering with emphasis in reservoir management, production optimization, integrated field modeling (IFM), and vetting and developing reserves cases for current and future field development planning. Proven reservoir engineering experience in CO2 EOR operations and field development a strong plus.
Job Responsibilities
- Work in a multi-discipline asset team to develop and manage production performance in conventional waterflood and tertiary CO2 flood operations.
- Generate new capital projects to develop PNP, PUD, and PRB reserves to maximize PV10 investments.
- Serve as the point-of-contact for the Development Design, Business Development and Technology, and Exploitation teams in the designing and execution of Conventional and CO2 Development Plans.
- Prepare and defend reserves and long-range plan (LRP) for area of responsibility.
- Prepare, defend, and update production budgets and forecasts for area of responsibility.
- Work with Plano and Field team members to develop, manage, and optimize conventional production by analyzing the entire system, utilizing the components of IFM and Decision Modeling.
- Monitor production/injection/disposal well performance and conduct reservoir surveillance to develop action plans to maximize the value of the asset.
- Assist geologists to prepare reservoir descriptions through well log, core, well performance, and well test analyses.
- Train and utilize engineering technicians to improve efficiency and effectiveness in performing reservoir management and optimization activities.
Skills and Relevant Experience
- Exceptional team and interpersonal skills with the ability and desire to work within a multidisciplinary team.
- Ability to prioritize work and focus efforts to deliver value.
- Independent, self-motivated, organized, creative and results oriented.
- Strong communication and presentation skills with the ability to clearly convey practical concepts and relevant information to all levels of personnel, including executive management.
Additional Skills and Relevant Experience
- Exceptional team and interpersonal skills with the ability and desire to work within a multidisciplinary team.
- Ability to prioritize work and focus efforts to deliver value.
- Independent, self-motivated, organized, creative and results oriented.
- Strong communication and presentation skills with the ability to clearly convey practical concepts and relevant information to all levels of personnel, including executive management.
Education
- Minimum of 3-5+ years Reservoir Engineering experience.
- Must be able to speak, read and write English fluently.
- Strong business acumen and demonstrated understanding of project economics
- Experience with ARIES, DSS, OFM, Petra, Spotfire, and IFM (MBal, Prosper, GAP) strongly preferred.
- Degree in Petroleum Engineering a plus or equivalent work experience in the oil and gas industry.
Environmental and Physical Requirements
Work will primarily be conducted in an office environment; travel may be required to district and field offices and/or oil and gas production facilities, with the occasional need to wear personal protective equipment. Position requires the ability to frequently communicate information and to manage the possible stress of an office environment. Work may include being stationary for long periods of time, with occasional movement about the office. Ability to lift up to 35 pounds is required. Position requires constant operation and viewing of a computer screen and other office machinery.
- Travel to Field roughly once per quarter.
- Sitting for long periods of time.
- Frequent alpha/numeric keyboarding.
- Oral communication over the phone and in person.
- Ability to view computer monitor.
- Ability to wear personal protection equipment when visiting field locations.
Location Type: Corporate (Plano)
Location: Plano , Texas
Employment Status: Full time
FLSA Status: Exempt
COMPANY OVERVIEW:
Welcome to Denbury. A different kind of Oil Company.
Denbury Inc., a Delaware corporation, is an independent energy company with operations focused in the Gulf Coast and Rocky Mountain regions of the United States. We are differentiated by our focus on CO2 EOR and the emerging CCUS industry, supported by our CO2 EOR technical and operational expertise and our extensive CO2 pipeline infrastructure. The utilization of captured industrial-sourced CO2 in EOR significantly reduces the carbon footprint of the oil that we produce, making our Scope 1 and 2 CO2 emissions negative today, with a goal to reach Net Zero for our Scope 1, Scope 2 and Scope 3 CO2 emissions within this decade, primarily through increasing the amount of captured industrial-sourced CO2 used in our operations.
Our employees are our most valued resource. We recognize that it is their ideas, passion and collective effort that produce winning results. Denbury attracts outstanding Talent, provides them with advanced technology and is committed to their future development. We offer challenging work to increase skills and experience.
To become part of our organization, you must be able to pass a pre-employment drug screen and background check. Denbury adheres to a Drug and Alcohol-Free Workplace and as such all employees are subject to post-accident and random drug and alcohol screenings. Some positions require successful completion of pre-employment physical examinations and/or the wearing and use of personal protective equipment (respirators, FR clothing, protective eye wear, hearing protection, head protection, protective footwear, etc).
Our Company is an Equal Employment Opportunity Employer.
Requisition #7846
Nearest Major Market: Plano
Nearest Secondary Market: Dallas