Diamondback Energy

Senior Staff Reservoir Engineer

LocationMidland, TX
Job Typefull_time

About This Job

CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

The primary responsibility of the Engineer Senior Staff Reservoir is to work with other disciplines in a team environment to most effectively exploit and develop unconventional resource assets, with consideration given to well spacing, landing zone, development order, and lease obligation efficiency.

Job Duties And Responsibilities Include but are not limited to:

Maintain the corporate net asset value model, including all cash flow components and inventory
Prepare economic assessments of past capital projects and provide recommendations to enhance future capital allocation decisions
Analyze data and results on a recurring basis and propose continuous improvement recommendations to enhance ongoing asset development
Effectively evaluate well performance using standard and advanced techniques
Develop advanced reserve calculations, production and risk forecasts, and budgeting for assets
Provide advanced technical expertise and evaluation support for acquisition and property trade opportunities on an as needed basis
Mentor less experienced engineers and proactively initiate interactions with less experienced engineers


Required Qualifications

Bachelor’s Degree in Petroleum, Mechanical, Chemical, or Electrical engineering discipline
A minimum of ten (10) years of experience working as a reservoir, drilling, completions, or production engineer
Proficient with economic analysis software (Aries and Spotfire preferred), MS Office Suite, and data analytics tools
Advanced proficiency in reserve estimation
Excellent communication, teamwork, and project management skills
Experience mentoring less experienced engineers


Preferred Qualifications

Master’s Degree in a related engineering discipline or business
Registered and Licensed Professional Engineer
Experience acting as a technical mentor or coach to mid-level managers
Acquisition and business development risk assessment and decision-making skills
Wide range of well-developed software and technical skills, e.g., Aries, Spotfire, programming, economic analysis, etc.
Recognized as a corporate expert with well-developed business acumen

Relocation:

This position may be eligible for relocation assistance.

Work Authorization

Diamondback Energy is not currently sponsoring employment visas for this position.

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more about E-Verify.

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