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Crescent

Principal Reservoir Engineer at Crescent

Crescent Houston, MS

Job Description

Position Summary:The PrincipalReservoir Engineer is a senior technical leader and subject matter expert responsible for maximizing economic value from the companys unconventional oil and gas assets. This role leads reservoir characterization development planning and production optimization efforts while providing technical mentorship to engineering staff and strategic guidance to senior management. The position requires advanced expertise in reservoir modeling production forecasting economic evaluation and modern analytics including machine learning and numerical simulation. The Reservoir Engineer collaborates across multidisciplinary teams to drive key business decisions on asset development capital allocation and reserves management while ensuring compliance with industry standards and regulatory requirements.Essential Duties & Responsibilities:Work with multidisciplinary team to generate and execute development plans with the goal of maximizing value including optimization of completion design well spacing production practices landing zones etcServe as technical subject matter expert and mentor to junior reservoir engineers providing guidance on technical problems and professional developmentAnalyze well performance using rate transient analysis (RTA) pressure transient analysis (PTA) and numerical simulation when necessaryLeverage machine learning-based analytics tools to build predictive models that evaluate various development scenarios optimize drilling and completion parameters and provide data-driven recommendations for field development planningInterpret fiber tracer DFIT and microseismic data to optimize fracture spacing completion design and understand in-situ stress conditionsPerform economic analyses for the purpose of AFEs and field developmentWork with the Finance team on budget and long-term forecasting consistent with Companys development planCollaborate with finance team to develop corporate level targets and goals and assist with tracking and understanding variance versus Forecast production capital and other metricsEnsure well estimated ultimate recovery (EURs) product pricing Capex Opex pipeline tariffs processing fees processing upgrades and taxes reflect current performanceSupport Reserves team in analysis of annual reserves process including collaboration with third-party Auditors to ensure compliance with reserve reporting practicesEvaluate and report competitor results and collaborate to implement competitors best practices where appropriatePrepare basin level scoping analyses and conduct reservoir simulation studies to determine optimal development plans for oil and gas reservoirsRepresent the reservoir engineering function in corporate planning meetings operational reviews and strategic initiativesMaintains professional and technical knowledge by attending educational workshops reviewing professional publications and establishing personal networksPerform other duties as assignedRequired Experience & Education:Bachelor of Science Degree in Petroleum Mechanical Chemical or Geologic Engineering or related field of studyMinimum seven (7) years of Exploration & Production (E&P) or relevant industry experienceExperience in Unconventional ReservoirsMix of reservoir completions planning production operations or drilling experience with active upstream operator preferredProficiency in RTA software (Whitson or Harmony preferred)Required Core Competencies Knowledge Skills AbilitiesExpert-level proficiency in reserves estimation decline curve analysis and advanced reservoir engineering analyses for unconventional reservoirsStrong technical expertise in reservoir simulation software production analytics platforms and data visualization toolsDemonstrated ability to lead technical projects independently mentor junior engineers and provide subject matter expertise to multidisciplinary teamsExcellent communication skills with proven ability to present complex technical concepts to executive leadership board members and external stakeholdersStrategic thinking and business acumen to align technical recommendations with corporate objectives and financial targetsAdvanced analytical and problem-solving abilities to diagnose complex reservoir performance issues and develop innovative solutionsStrong understanding of SEC reserve guidelines regulatory compliance requirements and industry best practicesProven ability to manage competing priorities meet critical deadlines and adapt to rapidly changing operational environmentsCollaborative leadership style with ability to build consensus across engineering operations finance and commercial teamsSelf-motivated with ability to work independently while maintaining alignment with corporate strategy and team objectivesCrescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race color religion gender/pregnancy gender identity or expression sexual orientation national origin genetics disability age veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process please let us know by contacting Required Experience:Staff IC Key Skills Fund Management,Access,AXA,Corporate Advisory,Firewall,Employee Benefits Employment Type : Full Time Experience: years Vacancy: 1

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