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INEOS Energy
Interested in joining a winning team? A team whose employees are empowered to make a difference?
Interested in joining a winning team? A team whose employees are empowered to make a difference?
Who We Are
INEOS Group
INEOS is a global chemical, manufacturing, and energy company. It comprises of 36 businesses, spanning across 194 sites and 29 countries, employing 26,000 people worldwide. Our core values include excellence in safety, health and environmental performance; Encouragement of innovation, entrepreneurship and reward for achievement and empowering employees to create real value.
INEOS Energy
INEOS Energy is the energy division of INEOS, we produce and trade oil, gas, power, liquefied natural gas (LNG) and carbon credits. Operating across the Danish and UK North Sea with offshore oil & gas assets and onshore assets in South Texas, US. This is supported by our investments and projects in low carbon technologies, which will help sustain our business through the energy transition.
The key focus for the US Onshore business is to acquire, explore and develop properties to produce natural gas, oil and NGL from underground reservoirs safely and efficiently. Key operated assets are in the Eagle Ford shale basin in South Texas. With over 2,000 well producing net 36kBOE per day.
Owning and operating producing US onshore assets is part of INEOS Energy's strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality energy solutions to its customers.
About the job
Job Title: Business Development Reservoir Engineer
We are seeking a skilled and motivated Business Development Reservoir Engineer to help grow the newly formed US onshore division. This role will be within the Business Development group and will report to the VP of Business Development. The successful candidate will lead reservoir and economic evaluation of acquisition opportunities within the Eagle Ford, in addition to prospects across North America. Through collaboration with the Subsurface team and the greater US onshore division, the Business Development group will work to understand value creation drivers for Ineos, and propose accretive opportunities that help the company increase in scale and profitability.
Responsibilities:
• Assist in identifying and evaluating opportunities in the Eagle Ford and other targeted basins
• Develop and deliver comprehensive technical evaluations that provide actionable insights and a data-driven perspective to inform business decisions
• Utilize cross discipline data sets, including geologic, reservoir, land, operational, and financial information, to guide Business Development workflow and proposals
• Utilize economic evaluation parameters such as NPV, F&D, and EBITDA to ascribe and communicate value
• Aggregate data and analyze production performance using methods such as decline curve analysis, pressure transient analysis, and rate transient analysis to perform local and basin level production performance evaluations
• Participate in marketed processes and data room evaluations
• Assist and coordinate due diligence efforts and integration of acquired assets
• Stay abreast of industry transactions, emerging trends, and best practices related to upstream onshore oil and gas
Qualifications:
• Authorization to work in the USA
• Bachelor's or Master's degree in Engineering
• At least 5 years of experience in Business Development or Reservoir engineering, with a focus on onshore unconventional oil and gas reservoirs
• Proficiency in tools and systems used for reservoir characterization and technical/economic analysis (eg. ComboCurve, ARIES, Enverus Prism, PowerBI, etc) as well as basic MS Office products
• Excellent analytical and problem-solving skillset, with capabilities of dealing with large datasets and statistical approaches
• Notable ability to interpret large reservoir, expense, and finance datasets to provide actionable insights
• Strong understanding of geology, reservoir mechanics, fluid flow, and production optimization techniques
• Experience with standard Reservoir Engineering principles and evaluation workflows, such as well performance analysis, pressure transient analysis, and decline curve analysis
• Familiarity with economic analysis and project evaluation methods, with hands on experience with conducting economic evaluations in unconventional basins
• Effective communication and teamwork skills, with the ability to indirectly lead and collaborate with multi-disciplinary teams and summarize conclusions and recommendations clearly
• Demonstrated commitment to adhering to high standards with regards to safety and environment
Relocation:
Preferential treatment will be granted to candidates residing in the Denver, Colorado metropolitan area.
Work Authorization:
INEOS USA Oil & Gas LLC is not currently sponsoring employment visas for this position.
Compensation & Benefits
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act (EPEWA) and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation.
Compensation:
The annual rate for this position generally ranges between $142,000 - $210,000 with an opportunity for a company-wide annual discretionary bonus, of up to 27% of eligible pay. This range is an estimate, based on potential employee qualifications, operational needs, business performance to metrics, and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
Benefits:
Benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 3% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.
Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance.On our team, people are acknowledged for embracing new practices that help create real value for customers.
Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance. On our team, people are acknowledged for embracing new practices that help create real value for customers.
INEOS Energy
Interested in joining a winning team? A team whose employees are empowered to make a difference?
Interested in joining a winning team? A team whose employees are empowered to make a difference?
Who We Are
INEOS Group
INEOS is a global chemical, manufacturing, and energy company. It comprises of 36 businesses, spanning across 194 sites and 29 countries, employing 26,000 people worldwide. Our core values include excellence in safety, health and environmental performance; Encouragement of innovation, entrepreneurship and reward for achievement and empowering employees to create real value.
INEOS Energy
INEOS Energy is the energy division of INEOS, we produce and trade oil, gas, power, liquefied natural gas (LNG) and carbon credits. Operating across the Danish and UK North Sea with offshore oil & gas assets and onshore assets in South Texas, US. This is supported by our investments and projects in low carbon technologies, which will help sustain our business through the energy transition.
The key focus for the US Onshore business is to acquire, explore and develop properties to produce natural gas, oil and NGL from underground reservoirs safely and efficiently. Key operated assets are in the Eagle Ford shale basin in South Texas. With over 2,000 well producing net 36kBOE per day.
Owning and operating producing US onshore assets is part of INEOS Energy's strategy to build a global integrated portfolio, fit for the energy transition, offering high-quality energy solutions to its customers.
About the job
Job Title: Business Development Reservoir Engineer
We are seeking a skilled and motivated Business Development Reservoir Engineer to help grow the newly formed US onshore division. This role will be within the Business Development group and will report to the VP of Business Development. The successful candidate will lead reservoir and economic evaluation of acquisition opportunities within the Eagle Ford, in addition to prospects across North America. Through collaboration with the Subsurface team and the greater US onshore division, the Business Development group will work to understand value creation drivers for Ineos, and propose accretive opportunities that help the company increase in scale and profitability.
Responsibilities:
• Assist in identifying and evaluating opportunities in the Eagle Ford and other targeted basins
• Develop and deliver comprehensive technical evaluations that provide actionable insights and a data-driven perspective to inform business decisions
• Utilize cross discipline data sets, including geologic, reservoir, land, operational, and financial information, to guide Business Development workflow and proposals
• Utilize economic evaluation parameters such as NPV, F&D, and EBITDA to ascribe and communicate value
• Aggregate data and analyze production performance using methods such as decline curve analysis, pressure transient analysis, and rate transient analysis to perform local and basin level production performance evaluations
• Participate in marketed processes and data room evaluations
• Assist and coordinate due diligence efforts and integration of acquired assets
• Stay abreast of industry transactions, emerging trends, and best practices related to upstream onshore oil and gas
Qualifications:
• Authorization to work in the USA
• Bachelor's or Master's degree in Engineering
• At least 5 years of experience in Business Development or Reservoir engineering, with a focus on onshore unconventional oil and gas reservoirs
• Proficiency in tools and systems used for reservoir characterization and technical/economic analysis (eg. ComboCurve, ARIES, Enverus Prism, PowerBI, etc) as well as basic MS Office products
• Excellent analytical and problem-solving skillset, with capabilities of dealing with large datasets and statistical approaches
• Notable ability to interpret large reservoir, expense, and finance datasets to provide actionable insights
• Strong understanding of geology, reservoir mechanics, fluid flow, and production optimization techniques
• Experience with standard Reservoir Engineering principles and evaluation workflows, such as well performance analysis, pressure transient analysis, and decline curve analysis
• Familiarity with economic analysis and project evaluation methods, with hands on experience with conducting economic evaluations in unconventional basins
• Effective communication and teamwork skills, with the ability to indirectly lead and collaborate with multi-disciplinary teams and summarize conclusions and recommendations clearly
• Demonstrated commitment to adhering to high standards with regards to safety and environment
Relocation:
Preferential treatment will be granted to candidates residing in the Denver, Colorado metropolitan area.
Work Authorization:
INEOS USA Oil & Gas LLC is not currently sponsoring employment visas for this position.
Compensation & Benefits
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act (EPEWA) and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation.
Compensation:
The annual rate for this position generally ranges between $142,000 - $210,000 with an opportunity for a company-wide annual discretionary bonus, of up to 27% of eligible pay. This range is an estimate, based on potential employee qualifications, operational needs, business performance to metrics, and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
Benefits:
Benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 3% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.
Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance.On our team, people are acknowledged for embracing new practices that help create real value for customers.
Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance. On our team, people are acknowledged for embracing new practices that help create real value for customers.
