What are the responsibilities and job description for the Vice President of Petroleum Engineering position at Clear Fork, Inc.?
About:
Clear Fork, Inc. is a family-owned, private-equity backed oil and gas exploration and production company with operated and non-operated oil and gas assets in the Eastern Shelf of the Permian Basin. The Company is currently in full-fledged development mode of existing oil and gas assets and actively pursuing growth through acquisition, development, and exploration of additional oil and gas properties.
Position Summary:
We are looking for an experienced Petroleum Engineer to join our senior management team as the Vice President of Engineering. This position reports directly to the Chief Operating Officer and will play an integral role in shaping the future of the company.
Areas of Responsibility:
- A&D: Spearhead economic evaluation related to the A&D process.
- Drilling: Design and supervise the drilling process, selecting the drilling techniques, equipment, and materials needed.
- Completion: Design and supervision of perforating, hydraulic fracturing, acidizing, and drill-outs. Material sourcing and logistics related to each.
- Production: Monitor production rates and implement strategies to maximize extraction efficiency for both legacy vertical and new-drill horizontal wells. This involves artificial lift design, surface equipment design, chemical program design, evaluation of compression, emission control design, automation, troubleshooting problems such as equipment malfunctions or wellbore integrity issues. Design facilities for separation and measurement of oil, gas, and water. Coordinate pipeline connections to midstream providers. Coordinate connections to electricity providers.
- Reservoir: Create and maintain reserve reports utilizing various industry technologies (PHDwin, AERIES, ComboCurve, etc.)
Additional Duties:
- Troubleshoot problems related to each discipline.
- Analyze data and performance metrics to drive future efficiency gains.
- Write procedures and AFEs for projects. Manage project budgets and expenses by estimating costs for equipment, materials, and labor. Identify cost-saving opportunities and strive to optimize project economics.
- Stay up to date on industry advancements and research new technologies to improve extraction techniques, increase production rates, and reduce environmental impact.
- Work closely with multidisciplinary teams, including geologists, landmen, drilling crews, and environmental scientists, to achieve project objectives collaboratively.
- Maintain detailed records of operations, including drilling logs, production data, and environmental monitoring reports, and prepare technical reports and presentations for management and regulatory agencies.
Required Skills/Abilities:
- Technical Proficiency
- Analytical Skills
- Problem-solving Skills
- Computer Literacy
- Communication Skills
- Project Management
- Attention to Detail
- Safety Consciousness
- Adaptability
- Ethical Conduct
Education and Experience:
- B.S. in Petroleum Engineering.
- P.E. License (Preferred).
- 10 years of relevant oil and gas experience.
- Artificial lift experience with rod pumps and ESPs.
Pay:
- $185,000-$225,000 per year.
- Periodic Bonuses
- Future Profit Units
Job Type: Full-time
Pay: $185,000.00 - $225,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Supplemental Pay:
- Bonus opportunities
Application Question(s):
- Are you willing to either relocate to Abilene, TX or be onsite periodically if working remotely?
Education:
- Bachelor's (Required)
Experience:
- Oil & Gas: 10 years (Preferred)
License/Certification:
- Professional Engineer License (Preferred)
Work Location: Hybrid remote in Abilene, TX 79601
Salary : $185,000 - $225,000