Reservoir Engineer IV - Machine Learning

Company:  Money Fit by DRS
Location: Dallas
Closing Date: 06/11/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Summary of Position :

The Reservoir Engineer IV - Machine Learning will perform and lead reservoir engineering technical work for the Permian Business unit working on projects including quantifying reserves and resources and providing reservoir engineering support for efficient development of Civitas’s Permian Assets. They will work closely with land, geology, development, and operations to gather and analyze data for economic modeling of the resource. The ideal candidate will have extensive experience in the oil and gas industry and leveraging advanced data analytics techniques. You will be responsible for analyzing reservoir performance, developing predictive models, and providing actionable insights to enhance decision-making processes.

Primary Job Responsibilities :

  • Conduct comprehensive analysis of reservoir performance using industry-standard reservoir engineering tools and techniques.
  • Evaluate well and reservoir data to identify opportunities for optimization.
  • Oversee the collection, validation, and integration of reservoir and production data from various sources.
  • Collaborate with cross-functional teams to ensure accurate and comprehensive data sets for analysis.
  • Apply advanced data analytics methodologies to extract meaningful patterns, trends, and correlations from reservoir data.
  • Develop and implement predictive models to forecast reservoir behavior and performance.
  • Provide data-driven insights and recommendations to support reservoir management decisions.
  • Collaborate with reservoir management and production teams to optimize field development plans.
  • Stay abreast of the latest advancements in reservoir engineering and data analytics technologies.
  • Evaluate and implement new technologies to improve efficiency and effectiveness in reservoir management.
  • Clearly communicate complex technical concepts and analysis results to both technical and non-technical stakeholders.
  • Prepare comprehensive reports and presentations to support decision-making at various organizational levels.
  • Work with a broad multi-disciplinary team to create efficient field development and/or exploration programs to maximize value and increase reserve estimates using all aspects of petroleum engineering.
  • Help develop, test and administer surveillance programs to adequately evaluate upside potential.
  • Supports and participates in quarterly reserve processes.
  • Performs economic evaluations of trades, leasing, and acquisitions.
  • Provide guidance and mentorship to junior reservoir engineers and support staff.
  • Follow safe operating practices and ensure compliance with CIVI Environment, Safety & Regulatory requirements.
  • Assure work performed adheres to CIVI standards.
  • Perform other duties as assigned.

Knowledge/Skills/Competencies:

  • Experience with Petroleum Economics and Reserves Software, such as Aries, required.
  • Experience with Database Management Systems, such as Access, required.
  • Strong analytical skills, attention to detail, and business acumen required.
  • Ability to thrive in both an independent and collaborative work environment and have exceptional skills in managing multiple demands, including prioritizing deadlines.
  • Excellent written/verbal communication and interpersonal skills.
  • Ability to be flexible and grasp new concepts quickly.
  • Motivated self-starter that takes initiative and solves problems.
  • Ability to professionally collaborate with other departments.
  • Demonstrate commitment to safety and environmental compliance in all job aspects.
  • Attention to detail and organizational skills are a must.
  • Knowledge of Sarbanes-Oxley requirements a plus
  • Proficient in Microsoft 360 products (Outlook, Excel, Word).
  • Experience with Data Visualization Software, such as Power BI or Spotfire preferred.

Education & Experience :

  • Minimum of 10 years related experience in oil and gas.
  • Minimum of 5 years of experience as a Reservoir Engineer.
  • Strong programming skills in languages such as Python, R, or MATLAB.
  • Experience with machine learning algorithms and predictive modeling.
  • B.S. degree in Petroleum, Chemical, Mechanical or Geological Engineering required.

Travel Requirements :

  • Work is performed at a CIVI location Tues-Thurs with an option to work remotely on Mondays and Fridays.
  • Schedule: traditional 40-hour workweek or alternative schedule of 9 hour works days M-Thurs and 4-hour workdays Friday.
  • Travel required to the Civitas field locations.

Benefits:

  • Comprehensive healthcare coverage including medical, dental, and vision insurance.
    • Dental and Vision insurance premiums are at no cost to employees.
  • Generous 401(k) Retirement Plan with a 6% company match. 100% vest of employer contributions after the first month of employment.
  • Company paid Life & AD&D insurance.
  • Voluntary Life, AD&D, Accident, and Critical Illness plans.
  • Vacation, sick, volunteer, and holiday pay.
  • Health Saving Accounts (with an employer contribution) and Flexible Spending Accounts.
  • Fitness and tuition reimbursements.
  • Opportunity for Short Term and Long-Term Incentives.
  • Company paid short-term and long-term disability programs.
  • Paid parental leave.
  • Volunteer opportunities through The Civitas Community Foundation.
  • Employee assistance program.

Please note that the following job posting does not guarantee or promise specific benefits offerings to potential employees. While we strive to provide competitive compensation and benefits packages, the availability and details of these offerings are subject to change and are ultimately determined by company policies and budgetary considerations. We encourage all applicants to review our official employee benefits documentation and engage in discussions with our HR representatives during the interview process to gain a comprehensive understanding of the benefits package available for the position.

Physical Requirements:
The physical demands described here are representative of those that must be met by this position to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Stand

Walk

Sit

Use hands & fingers

Reach with hands & arms

Climb or balance (includes ladders)

Bending, kneel, squatting or crawling

Talk or hear

Wear personal protective equipment.

(e.g. respirator, fire resistant clothing)

Weight Lifted

  • Up to 10 lbs.

  • Up to 25 lbs.

  • Up to 50 lbs.

  • Up to 100 lbs.

  • More than 100 lbs.


Work Environment:
The work environment characteristics described here are representative of those this position may encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Work near moving mechanical parts

Work in high, precarious places

Fumes or airborne particles

Toxic or caustic chemicals

Outdoor weather conditions (heat & cold)

Loud Noise (conveyor systems, mechanical equip, etc.)

Note: This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

Civitas Resources offers of employment take into consideration a candidate’s education, training, and experience, as well as the position's work location, external market, and internal value, including seniority and merit systems, and internal pay alignment when determining the salary level for potential new employees.

Base Pay Range: $185,700 - $199,200

Civitas Resources is an equal opportunity employer. We value and encourage diversity in our workforce and provide equal employment opportunities to all individuals regardless of race, color, religion, sex, national origin, age, disability, genetic information, veteran status, sexual orientation, gender identity, or any other characteristic protected by applicable laws.

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