Lead Reservoir Engineer

The Lead Reservoir Engineer will work within a multi-disciplinary team responsible for the assessment, technical progression, and development of the company’s assets. You will drive, support, and implement development strategies to maximize the resource recovery and asset value. You will thrive in this position if you love to apply current Reservoir Engineering techniques with an integrated subsurface and operational approach. The successful candidate will need to be able to make sound business recommendations by striking a balance between driving the asset’s development progression while consistently delivering expected performance metrics.

Responsibilities

• Key team member that drives continual technical learnings and subsurface asset understanding.
• Develops and implements technical projects and data collection strategies in conjunction with the subsurface team to drive improved performance and prediction.
• Use Reservoir Engineering techniques to identify drilling, recompletion, and workover potential within new and existing assets.

• Integrate rate transient analysis, material balance, decline curve and volumetric analyses into reservoir and well performance evaluation.
• Build reservoir simulation models when appropriate to validate/improve predictions and quantify uncertainty.

• Identify, support and progress well development efforts within a multi-disciplinary team environment to drill ready status.
• Lead and coordinate overall planning effort to ensure wells readiness milestone achieved for execution phases of well lifecycle.
• Perform economic analyses and sensitivities as needed.
• Provide engineering support for corporate processes such as reserves, AFE generation, accruals, and forecasting.
• Prepare and present various technical presentations. Asset performance updates, key project milestones and program lookbacks.
• Monitor, analyze and benchmark internal and competitor well performance.

Qualifications

• Bachelor's degree in Engineering, preferably Petroleum, Mechanical or Chemical Engineering.
• 10-15+ years Reservoir Engineering experience working with E&P company.
• Experience planning and progressing appraisal and development activities of unconventional assets.

• Experience screening and characterizing new potential opportunities.

• Experience managing a capitally active unconventional development.
• Solid understanding of PVT analysis and fluid behavior, and geoscience products and workflows.

• Strong analytical and problem-solving abilities.
• Excellent verbal and written communication skills.
• Self-stater and initiates within a team environment.
• Experience using database and engineering software including Aries/Val Nav, ResFrac/Eclipse, Kappa/Harmony, Whitson, Spotfire, Enverus, GIS.

At Magnolia, our employees drive our strategy and our success. As a team, we engage, energize, and inspire each other to deliver top performance. We offer an exciting, results-focused workplace, highly competitive compensation and benefits, and a range of opportunities for career growth. Help us build a winning company that safeguards workers and the environment, enhances careers, strengthens local communities, and increases value for all stakeholders.

Magnolia Oil & Gas is proud to be an Equal Employment Opportunity Employer:
Employment decisions are based on business need, job requirements and individual qualifications, without regard to race, religion, color, national origin, gender (including pregnancy), age, status as a protected veteran, status as an individual with a disability, or any other status protected by the laws or regulations in the locations which we operate. Magnolia Oil & Gas will not tolerate discrimination or harassment based on any of these characteristics. If you need assistance or an accommodation due to a disability, you may contact us at mgycareers@mgyoil.com.

Notice to Third Party Agencies:
Please note that Magnolia Oil & Gas does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Magnolia Oil & Gas won’t consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Magnolia Oil & Gas explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Magnolia Oil & Gas.

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