Crescent Energy

Reservoir Engineer

LocationIrving, TX
Job TypeFull-time

About This Job


Company Overview:

Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows from low-decline production with a deep, high-quality development inventory. Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns


.


Position Summa


r

y: The Reservoir Engineer will be responsible for applying technical evaluations to the development and production of oil and gas reservoirs to obtain a high economic recovery. The candidates will be responsible for working with multi-discipline teams to support optimal asset development and operation, leveraging fundamental reservoir engineering skills in reservoir description, development planning, opportunity generation and production optimization. Responsible for reservoir modeling, production forecasting, well testing, well drilling and workover planning, economic modeling, and Pressure Volume Temperature (PVT) analysis of reservoir flui


ds.


Essential Duties And Responsibilit


ies:

Work with multidisciplinary team to generate and execute a development plan in the Eagle Ford with the goal of maximizing value, including optimization of completion design, well spacing, production practices, landing zones

, etcPerform economic analyses for the purpose of AFE’s and field develo
pmentWork with the Finance team on budget and long-term forecasting, consistent with Company’s development
planDevelop corporate level targets and goals and assist with tracking and understanding variance versus Forecast production, capital, and other me
tricsEnsure well estimated ultimate recovery (EURs), product pricing, Capex, Opex, pipeline tariffs, processing fees, processing upgrades, and taxes reflect current perfor
manceSupport Reserves team in analysis of annual reserves process, including collaboration with third-party Auditors to ensure compliance with reserve reporting prac
ticesAnalyze well performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when nece
ssaryEvaluate and report competitor results and collaborate to implement competitor’s best practices where approp
riatePrepare basin level scoping analyses and conduct reservoir simulation studies to determine optimal development plans for oil and gas reser
voirsMaintains professional and technical knowledge by attending educational workshops, reviewing professional publications, and establishing personal net
worksPerform other duties as ass


igned


Qualifica


t


ions: Required Education, Experience, Lic


ensure

Bachelor of Science Degree in Petroleum, Mechanical, Chemical, or Geologic Engineering or related field o

f studyThree (3) to twenty (20) years of Exploration & Production (E&P) or relevant industry exp
erienceExperience in Unconventional Res


ervoirs


Preferred Education, Experience, L


icensure

Mix of reservoir, completions, planning, production operations, or drilling experience with active upstream

operatorProficiency in RTA software (Harmony or
Whitson+)Experience in the E


agle Ford


Required Core Competencies – Knowledge, Skills,


Abilities

Proficient in reserve estimations and conducting moderate reservoir engineeri

ng analysesExcellent interpersonal, presentation, verbal and written communication skills, with demonstrated ability to effectively communicate to management and across field and o
ffice peersMust have a substantial working knowledge of ARIES, Spotfire (or PowerBI), Microsoft Office (includ
ing Access)Ability to identify issues, troubleshoot, and develo
p solutionsStrong analytical, math, and problem-solving skills to be able to make accurate calculations, identify deficiencies, address weaknesses, and how to i
mprove themDemonstrate high ethical and professional behavior and decision making when working
with othersAble to be flexible and adapt to changing priorities, tasks, an
d deadlinesGood interpersonal and collabora
tive skillsAbility to establish and maintain cooperative working relationships, and foster and encoura


ge teamwork

Hiring Notes: Title will be commiserated with


experience*

Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender/pregnancy, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process, please let us know by contacting Kimberly Kalsey at Kimberly.Kalsey@crescent

energyco.com.

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