Senior Reservoir – Reserves Engineer
Presented by: North American Recruiting and Consulting
Location: Dallas, Texas
Job Code: CRT0739
Client Overview:
Our client is a growing independent oil and gas company. The Company is the largest oil and natural gas operator in Mississippi, owns the largest reserves of CO2 used for tertiary oil recovery east of the Mississippi River, along with significant operating acreage in the Barnett Shale play near Fort Worth, Texas, and also holds properties in Southeast Texas. The Company’s goal is to increase the value of acquired properties through a combination of exploitation, drilling and proven engineering extraction practices, with its most significant emphasis relating to tertiary recovery operations.
Since they acquired their first carbon dioxide tertiary flood in Mississippi in 1999, they have gradually increased their emphasis on these types of operations. During this time, they have learned a considerable amount about tertiary operations and working with carbon dioxide. Their tertiary operations have grown to the point that approximately 50% of their December 31, 2008 proved reserves are proved tertiary oil reserves, almost 50% of their forecasted 2009 production is expected to come from tertiary oil operations (on a BOE basis), and almost all of their 2009 capital expenditures are related to their current or future tertiary operations.
In addition, they are pursuing anthropogenic (man-made) sources of CO2 to use in their tertiary operations, which they believe will not only help them recover additional oil, but will provide an economical way to sequester CO2. They have acquired several old oil fields in their areas of operations with potential for tertiary recovery and plan to acquire additional fields, and they are continuing to expand their CO2 pipeline infrastructure to transport CO2.
Our client is currently looking for one exempt Senior Reservoir/Reserves Engineer in their Plano, Texas office. The position will report to the Vice President – Business Development and will require some travel. The Senior Reservoir/Reserves Engineer will be responsible for Reserves support throughout our client's Core Regions.
Position Duties and Responsibilities:
• A Strong background required in Enhanced Oil Recovery (CO2) with specific knowledge of working Reserves.
• Conducts Reserves Assessments and monitors well perfomances, reporting data to external and internal groups.
Position Requirements:
• Minimum BS in Engineering with a preference in Reservoir.
• 10+ years active industry experience.
• Prior acquisitions experience and a working knowledge of AMES is a plus.
• Strategic thinking and economic analysis skills.
• Advanced level data analysis skills.
• Good team and interpersonal skills with the ability and desire to work within a multi-disciplinary team.
• Independent, self-motivated, organized, creative and results oriented.
• Ability to handle multiple projects with assigned deadlines.
• Strong communication and presentation skills with the ability to work directly with all levels of personnel
Compensation:
Base Salary, depending on experience, is between $123-165 K; This position is Bonus Eligible (up to 30%) and the client has paid bonus each of the past 10 years. Upon acceptance of employment you will likely receive shares of stock (this will be substantial and could have a value of, when fully vested, close to your annual salary); Exceptional Relo package; Exceptional Medical and Dental Benefits.
Contact Information:
Bob Turner, Ed. D., President
North American Recruiting and Consulting
826 Ashford Court
Tyler, Texas 75703
Direct Line: 903-561-6928
Mobile Line: 903-618-0066
E-mail: bob.turner@narecruiting.net or dr.bobturner@earthlink.net
Web Site: www.narecruiting.net