Planning Advisor

Job Details

Description

California Resources Corporation is a publicly traded oil and natural gas exploration and production company and the largest oil and natural gas producer in California. We operate our world-class resource base exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market our production. Using advanced technology, CRC’s workforce focuses on safely and responsibly supplying affordable energy for California by Californians. We are currently looking for an experienced and motivated individual to fill the position of Planning Engineer for our Sacramento Basin Unit. Sac basin unit is composed of 5 major gas fields in California encompassing large acres, including both developed and undeveloped acreage, located in Sacramento Basins.

The base annual salary for this posted position is expected to range from $138K - $160K, with a target annual bonus of 20% of base salary and eligibility to participate in our long-term incentive program. Individual pay factors, including education, experience level and relevant industry experience. Benefits include: Medical, Dental, Vision, 401K with Match, Paid Holidays, FSA, HSA.

Responsibilities

- Provide economic evaluations for future capital projects

- Perform Capital Post Audits of executed projects

- Develop production and capital expenditure outlooks for all assets, incorporating activity changes, project performance, and the impact of new acquisitions

- Perform and update long term strategic planning for specific assets

- Frame projects in order to analyze risks and decisions

- Collaborate with the Business Unit Reserves Coordinator to ensure accurate reserves reporting and alignment with planning assumptions

- Provide internal AFEs technical reviews

- Work towards increasing the automation of forecasting and management reporting systems

- Identify process improvement opportunities and drive alignment across stakeholders and cross-functional teams to support growth initiatives

Qualifications

- Bachelor’s degree or higher in engineering, economics or related discipline. MBA is a plus

- 5+ years of experience in planning, reserves, or economic evaluation within the Oil & Gas industry

- Strong understanding of oil field economics and the ability to quickly learn spreadsheet-based economic modeling

- Advanced analytical skills with proficiency in Excel, including macros and VBA coding

- Experience in reporting and data visualization; familiarity with data warehouse concepts is highly valued

- Proficiency in ValNav or similar economic analysis software skills

- Solid understanding of field development options, including drilling, completions, facilities, and production operations

- Ability to collaborate effectively with cross-functional team members and external stakeholders at all organizational levels, while successfully managing multiple roles within a multidisciplinary environment

- Ability to produce quick and accurate results with limited data under the pressure of tight deadlines

- Strong organizational skills and the ability to juggle several concurrent projects

- Must be self-motivated and adaptable, with strong interpersonal skills

Preferred Qualifications

- Strong background in economic evaluation and planning across diverse reservoir types and asset basins, with deep experience supporting corporate reserves and business units

- Proven project management experience leading cross-functional initiatives in technology integration, process automation, and reserves planning transformation

- Proficient in project framing, risk analysis, and scenario modeling; experienced in applying stochastic thinking and data-driven insights to support capital planning and portfolio optimization