The Engineering Manager manages Catapult Mineral Partners’ engineering department, employees, and processes – primarily production forecasting, technical evaluation for acquisitions and divestitures, and reserves reporting activities. This role is responsible for ensuring the accuracy and integrity of the Company’s engineering data, managing new deal valuations, and technical analysis. This includes, but is not limited to, maintenance of economic inputs, forecasting oil and gas reserves, valuation of acquisitions and divestitures through decline curve analysis and discounted cash flow analysis, and monitoring of activity on the Company’s acreage.
The role will require a self-starter with a strong foundation in reservoir engineering, deal valuation, analysis of large data sets, and systems specific to the oil and gas industry. Success will require skilled communication, strong leadership, project management, initiative, and the ability to work with cross functional teams at varying levels of technical knowledge to develop databases, models, and reports to rapidly assess the value of potential acquisitions, market conditions, and the status of Company assets to make recommended business decisions in a timely manner.
- Manage the engineering department and employees, providing the mentorship and guidance necessary for technical growth, professional development, and business productivity.
- Lead the creation, maintenance, and updating of Company engineering databases, well-by-well production forecasts, type curves, continuous and routine updates to economic inputs, pricing outlooks, development assumptions, reserves category changes, and a robust technical review process.
- Evaluate and analyze existing assets and potential new deals, performing decline curve analysis and using discounted cash flow analysis to make recommendations to help meet the Company’s financial goals.
- Lead the continuous improvement of the acquisition process so that new deals can be evaluated efficiently and accurately, building new tools and methodologies where appropriate.
- Coordinate the preparation of the third-party Reserves Report, providing and producing necessary backup data to support economic and volumetric assumptions.
- Manage the production of technical and reserves updates used in the Company’s annual and quarterly financial plans, public disclosures, and management reports; as well as monthly updates used in the accruals process.
- Collaborate with the land, data analytics, and accounting departments to ensure that economic data is up to date and systems are in place to monitor asset performance.
- Direct the creation and maintenance of mission critical databases and file structures to make data accessible, including reorganization and restructure of several existing legacy systems, either directly through the creation of necessary engineering tools or indirectly by collaborating with other departments to ensure complete and integrated data across Company functions.
- Expertise in Combocurve, PhDWin, or similar software packages; ComboCurve experience preferred
- Fluency in Microsoft Office suite
- Experience/familiarity with DrillingInfo/Enverus, minerals management, IHS, state public mineral data, ArcGIS, and visualization tools such as Tableau or PowerBI, with specific expertise in one or more system
Demonstrates experience and proficiency in the following skills:
- Proven track record of successful deal evaluation and investment decisions.
- History of managing and leading staff.
- Knowledge of the reserve report process and timeline.
- Excellent written and verbal communication skills to document work, and share knowledge.
- Ability to communicate and collaborate within a multi-disciplinary team, internally and externally, including Engineers, Landmen, Attorneys, Financial Analysts, Accountants, IT, Management, and others as needed.
- Balance and prioritize short- and long-term projects alongside daily tasks.
- Strong analytical and problem-solving skills with attention to detail.
- Ability to handle large volumes of data and find actionable trends – “see the forest and the trees”.
- Familiar with querying/navigating relational databases, report building, and trouble shooting.
- Working knowledge of oil and gas land, drilling, completions, and production operations, sufficient to interpret public data and Company reports for forecast scheduling.
- Minimum four-year degree in engineering (petroleum, mechanical, chemical, or similar with applicable experience).
- Minimum 10+ years applicable experience in oil and gas reservoir engineering with progressive growth in responsibility and 2+ years of direct leadership experience; Preferred: mineral & royalty company, audit, or energy-focused investment banking experience in addition to operator experience.You must meet at least the specific minimum requirements listed above to be considered a qualified applicant.