Senior Reservoir Engineer

BCF Partners Capital III, LP (“BCFP Capital”) is a 100% internally funded and employee-owned mineral and energy investment firm that has had a presence in multiple basins since 2005. Since 2021, our team has transacted in over $180 million worth of diversified mineral, royalty, and working interest deals. At BCFP Capital, we emphasize company culture as all employees and contractors are expected to share and practice our Principle Values. We're proud to have been recognized as one ofHouston Business Journal’s “Best Places to Work” award for seven years running.

Job Description:

We are seeking an experienced Senior Reservoir Engineer to join our Finance department and play a critical role in driving accurate acquisition valuations and optimizing our mineral asset portfolio. This position will be responsible for generating type curve forecasts and asset valuations for the company’s ongoing acquisition program, as well as production forecasts for previously acquired mineral assets. This position offers the opportunity to lead the reservoir engineering function at an exciting, fast-paced, growing company while earning a competitive total compensation package of $175,000 to $220,000, .

Responsibilities:

- Perform detailed decline curve analysis and compare actual production performance against forecasts.

- Generate monthly reserve reports and associated data sets for existing assets, during the company’s valuation and cash-flow forecasting processes.

- Build and maintain accurate production forecasts to support company’s cash flow forecasting function.

- Conduct comprehensive economic evaluations for acquisitions, divestitures, and portfolio optimization.

- Support due diligence efforts on potential acquisitions with rapid technical assessments.

- Develop and implement reservoir engineering best practices and methodologies.

- Collaborate with Executive, Finance, and Land teams to provide technical insights that drive strategic decisions.

Job Requirement Essentials:

- Bachelor’s degree in petroleum engineering

- Proven record of 5+ years of reservoir engineering experience, with a strong focus on unconventional reservoirs

- Proven background in economic evaluations, oil & gas reserve estimations and decline curve analysis

- High proficiency with Combo Curve or PHDWin (Combo Curve preferred)

- Skilled at integrating engineering data sets and forecasts into the company’s broader technological workflows

- Skilled at explaining technical concepts to non-technical stakeholders

Job Requirement Preferred:

- Demonstrated experience in mineral and royalty valuations (minimum 2 years preferred)

- Experience in acquisition and divestiture (A&D) evaluations, including sensitivity analysis and scenario modeling

- Advanced Excel skills, including complex financial modeling, power query, pivot tables, and VBA

- Experience with Spotfire or similar business intelligence platforms

- Programming experience in Python or R for data analysis and automation

- Understanding of hedging strategies and commodity price forecasting

- Active membership in SPEE (Society of Petroleum Evaluation Engineers) and/or SPE (Society of Petroleum Engineers)

Compensation

- Total compensation: $175,000 – $220,000 (Combination of base salary and profit share, depending on experience and structure)

- Medical, Dental, and Vision benefits

- 401(k)

- Paid vacation and holidays

Job Type: Full-time

Pay: $175,000.00 - $220,000.00 per year

Benefits:

- 401(k)

- Dental insurance

- Employee discount

- Health insurance

- Paid time off

- Professional development assistance

- Vision insurance

Schedule:

- Monday to Friday

Experience:

- Reservoir Engineering: 5 years (Required)

Ability to Commute:

- Houston, TX 77024 (Required)

Ability to Relocate:

- Houston, TX 77024: Relocate before starting work (Preferred)

Work Location: Hybrid remote in Houston, TX 77024