Reservoir Analyst

Job Title: Reservoir Analyst

Department: Operations

Reports To: Reservoir Engineering Manager

FLSA Status: Exempt

Salary Range: $107,300-$136,785

SUMMARY

Primary responsibilities are to assist with reservoir engineering assignments related to updating and running the reserve database, compiling and supporting workover evaluations, production forecasting, and quarterly budget preparation. The analyst will coordinate with multiple functions within the company to aggregate data to support reserve and economic assumptions.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Reserves Database Management:

· Track Drilling and Completion information in Aries

· Update daily and monthly production from ProCount

· Load 3rd party well production from IHS

· Tie Aries to mapping software Petra

· Update Aries with accurate WI/NRI from Land

· Run economic analysis for trades, interest buyouts, workovers, contract renegotiations, pad economics as needed

· Support the Reservoir Engineering Manager with miscellaneous tasks

Budget:

· Responsible for compiling all operational and Aries data into operations budget

· Utilize company meetings to collect information to update drilling, completion, pad and road build, infrastructure and federal permit timing

· Provide and track budget metrics and compare them with actual. Explain and forecast deviations and quantify impacts

· Track drilling and completion costs independently for budget and reserves applications

· Report production vs budget to field team and management

· Liaison for LOE accounting to ensure things are not double counted or included as required by SEC reserves

Reserves:

· Provide quarterly updates on PUD conversions and estimates of YE conversion.

· Provide quarterly reserve reports for accounting purposes

· Transmit necessary information to third party auditor

· Assist in the documentation of reserve selection

Banks:

· Run quarterly bank runs

· Transmit information to banks

Board of Director Meetings:

· Prepare slides as needed

· Run debt and company NAV sensitivities

A&D:

· Assist in modeling assets in Aries and database cleanup.

· Provide cash flow models of combined company.

· Run sensitivities around rig assumptions, well timing, etc.

SUPERVISORY RESPONSIBILITIES

This position does not have any supervisory responsibilities.

KNOWLEDGE AND SKILLS

· Proficient in reserve stewardship and evaluation.

· Experience in asset acquisition and divestiture.

· Strong communication skills for correspondence with company management, field personnel and service providers

EDUCATION and/or EXPERIENCE

Previous relevant experience associated with upstream Oil & Gas Operations within the Reservoir department. Experience with Aries, Excel, Spotfire, and SQL. A Bachelor of Science degree and 5 years of experience is required.

LANGUAGE AND INTERPERSONAL SKILLS

Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information to management.

REASONING ABILITY

Ability to interpret a variety of instructions furnished in written or oral form.

CERTIFICATES, LICENSES AND REGISTRATION

None

TRAVEL REQUIREMENTS

Less than 10% travel may be required for mandatory meetings or training. A company pool vehicle may be made available for travel events.

WORKING CONDITIONS AND PHYSICAL DEMAND

Work is typically performed indoors in an office environment. Employees must be able to perform work which includes typing, sitting and standing. In the event that the employee visits operations worksite, personal protection equipment, including head protection, hearing protection, safety glasses, safety shoes, and flame-resistant clothing is required. Safety rules including OSHA and DOT requirements are strictly enforced. Employees must be willing to travel, and work extended hours on short notice.

Job Type: Full-time

Pay: $107,300.00 - $136,785.00 per year

Benefits:

Schedule:

•

Monday to Friday

Ability to Commute:

Ability to Relocate:

Work Location: In person