What are the responsibilities and job description for the Reservoir Engineer position at NR Consulting?
Job Title : Reservoir Engineer
Location : Midland TX
Job Type : Full time
General Responsibilities
- Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR's Delaware Basin Assets
- Provide reservoir engineering support and guidance on multidisciplinary field / well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.
- Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon
- Collaborate with team to analyze completion and production practices that optimize value across acreage position
- Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
- Support Reserves Manager in analysis of quarterly reserves update and biannual bank redeterminations
- Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy
- Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly
- Other duties as assigned
Minimum Qualifications
Preferred Qualifications
