Reservoir Engineer (Reserves)

Reservoir Engineer (Reserves)

Elk Range Royalties is an active buyer of mineral and royalty interests in the US. We have partnered with NGP Energy, an investment firm with over 30 years of history investing in the oil and gas industry. This provides us with strong financial backing in the form of patient capital with a long-term horizon. Since our inception in 2020, Elk Range has invested over $1.2B in capital and is currently investing out of its third equity commitment from NGP under Elk Range Royalties III.

Elk Range’s success is driven by our team’s diverse range of talents and our ability to work and learn together to achieve even the most challenging of goals. All of Elk Range’s team members seek to live up to our Five Core Values: Accountability, Transparency, Improvement, Trust, and Commitment through all our interactions, both working alongside team members within the company and with mineral and royalty owners we seek to do business with.

Summary

We are hiring a Reservoir Engineer focused on reserves and are open to candidates across a range of seniority. Responsibilities will be tailored depending on experience. A more senior hire will own the reserves function and interface with auditors, while a more junior hire will receive mentorship and support to grow into that responsibility over time. This is an in-office role at our Dallas headquarters and reports to the VP Engineering.

Job Responsibilities

Be responsible for asset performance reporting and reserves administration across Elk Range portfolio (>10,000 well database across multiple entities)

Integrate new acquisitions and recent activity wells into corporate database

Adjust production forecasts, type curves and development timing models

Coordinate with land administration on ownership and unit assumptions

Manage offshore resources to optimize team productivity

Deliver quarterly reserves updates and accompanying reporting to management and capital partners

Coordinate with third-party institutions to facilitate divestitures and reserve redeterminations

Support year-end financial audits with supplementary reporting

Key Strengths

Attention to detail. Understanding how each assumption contributes to the bottom line is key. Desire to learn and increase the responsibility of your role on the team. We believe we can continuously improve our reserves process, and you can be a key leader of that. Self-starting and high agency. Able to be self-directed in your learning and "connect the dots".

Hard skills

- Bachelor's degree in engineering, mathematics, or related field - 2-10+ years’ experience in reservoir engineering, reserves, or database management

- Technical proficiency in Combocurve/Aries, Spotfire/PowerBI, QGIS/Arc

- Python and SQL skills are a plus

Travel Requirements

- Potential 5% - 10% domestic and international travel required for meetings, trainings, and conferences. International travel would involve an annual on-site training session with the team in India.

Benefits

- Competitive base salary and bonus opportunities

- Medical/Dental/Vision Insurance

- SEP IRA Plan with 10% company contribution

- Unlimited PTO and Flex Scheduling with tenure

- Newly renovated office location in the Dallas Design District with in-office gym

- Company-provided lunch 2-3 times a week

- Regular offsite team building events

- Sponsored networking and educational events

Elk Range Royalties is an equal opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

If you are interested in this role, please submit your resume to careers@elkrange.com