Job Description

Job Description

Job Description

Position Summary

The Sr. Utah Reservoir Engineer will be a member of the Uinta Basin development team located in Denver, CO or Houston, TX. The Sr. Utah Reservoir Engineer will assume a leadership role to optimize the development plans of the newly acquired asset. The engineer will strive for continual improvement for the asset by providing detailed technical analysis, economic analysis and recommendations on development projects. This position operates under limited review while handling assignments of a broad scope and moderate difficulty.

Essential Roles and Responsibilities

• Develop correlations between geological and completion variables and well performance.
• Integrate learnings with the goal to increase asset value for each drilling cycle.
• Evaluate oil and gas reserves for all cases at mid-year and year-end.
• Initiate reservoir studies of existing assets to determine completion and spacing improvements.
• Incorporates advanced production analysis in to workflow for well evaluation and forecasting purposes.
• Analyze the asset with a holistic tool kit including rate or pressure transient analysis, volumetrics, analytical or numerical modeling and decline curve analysis.
• Prepare and update asset business plans and budgets.
• Coordinate the creation of AFE’s to execute development plans.
• Provide estimations of resource volumes and recoverable hydrocarbons using both probabilistic and deterministic volumetrics, EURs and recovery factors.
• Strong Spotfire, Aries, and Fekete skills. Experience with simulation for development planning would be a large plus.
• Conduct business with the highest ethical standards; demonstrate decision-making skills that ensure the safety of all persons associated with SM facilities.

General Knowledge and Skills

Strong reservoir engineering background. Is familiar with the basics of other specialties and/or disciplines. Takes initiative to maintain and increase technical knowledge through practical application and knowledge transfer. Understands important geological, petrophysical and geochemical properties for unconventional plays. Working knowledge of different completion types, designs and fluid systems. Proficient and strong ability to learn and apply new skills and technologies. Proficient and strong use and application of standard engineering principles and techniques including industry and company standards in assigned discipline.

Computer/Software Applications

Proficient and strong level of skill in Microsoft Office, including Excel. Effectively utilize Spotfire to increase analytical speed and efficiency. Proficient and strong knowledge of Aries or other economic evaluation software programs. Proficient and strong working knowledge of IHS Decline Plus and/or advanced production data analysis tools. Proficient and strong working knowledge of analytical models in RTA and Welltest. Experience with industry/company software including Welltest, AVM, Wellview, Crystal Ball, Perform.

Numeric and Analysis

Proficient and strong numeric and analytical skills. Ability to mine large data sets and establish bi-variable correlations. Transform bi-variable correlations to include multiple variables. Relate geology, completion and reservoir characteristics to identify improving well performance.
Demonstrate ability to normalize data sets to parameters with established correlations. Demonstrate utilization of correlations for predictive purposes.

Problem Solving Scope / Complexity

Identifies key problem solving elements and applies knowledge and experience to solve moderate to complex problems. Brings forward new ideas and recommendations that are respected by colleagues. Is a contributor to the financial success of projects within own region or contributes in a support role to larger projects. Ask relevant, probing questions as a way to reveal potential problems in recommended solutions, and as a way to ensure the best solution.
Asks questions in order to clarify discussion points. Effectively identifies diagnoses and recommends solutions to most complex business and technical issue. Seeks to mitigate the problem in the future through proactive measures, teamwork and leadership. Incorporates and encourages creative, group problem solving through open communications.

Project / Task / Self-Management

Coordinates discipline-specific project work and resources in support of team goals while satisfying quality, time and budget objectives. Solid project management skills and completes projects. Requires little to no technical supervision, making most decisions and referring major exceptions to management. Seeks increasingly diverse and complex assignments. Demonstrates drive, energy, and enthusiasm. Proficient organizational and time management skills. Ability to advance multiple projects simultaneously; takes a multi-disciplinary approach to projects.

Business Acumen

Proficient and strong understanding of oil and gas economic evaluations including single well and field. Proficient and strong understanding of utilization of reserves including reserve life index (RLI), replacement ratio, finding and development costs (F+D). Understands the financial impact of reserves on the company income statement. Understands reserve and resource definitions and is up to date with the SM reserves manual. Understands incremental vs accelerated reserves as well as capital efficiency optimization. Easily construct economic sensitivities charts to variations in cost and price. Proficient and strong understanding of established policies, standards, and practices. Considers economic impacts when making decisions. Proficient and strong understanding of business drivers, performance measures and financial results. Proficient and strong understanding of economic principles, metrics, risks and how these apply to projects. Proficient and strong understanding and application of economic principles, economic evaluations, metrics, and risks. Has strong knowledge of industry.

Teamwork / Collaboration

Proficient and strong teamwork and collaboration skills. Functions effectively as part of a team and works well with members of other disciplines and departments. Identifies and recommends value-adding actions and proactively influences others within the work group and region. Collaborates with, and is effective in, a multi-disciplinary team environment to produce integrated products and results. Coaches less experienced employees and effectively explains ideas, concepts, and techniques.

Communication / Presentation

Proficient and strong written and verbal communication and formal presentation skills. Skilled at communicating results and interpretations to management. Proactive in keeping own team and direct management well informed by preparing and delivering well-constructed, appropriately targeted written and verbal communications and presentations. May prepare and present discipline papers. Skilled at facilitation. Confident communicator both inside and outside the company.

Developing Self & Others

Takes initiative to maintain and increase technical knowledge. Has strong, active interest in latest technology and shares technical knowledge with others. Consistently coaches and provides assistance to lesser experienced employees; explains ideas and concepts. Seeks out mentor(s), as well as other senior professionals in the region, for technical and career guidance. Basic influencing and leadership skills.

Ethics/Safety

Takes responsibility for and suggests, as necessary, improvements to company safety standards and policies. Continues applicable training. Proficient and strong knowledge of environmental, health and safety regulations.

Role-Specific Technical Knowledge & Skills

Experience with development of a variety of unconventional resource plays. Command of fundamental reservoir engineering disciplines including decline curve analysis (DCA), rate transient analysis (RTA), volumetrics, recoveries, fluid behavior, simple analytical history matching, and flow regime identification. Proficient and strong understanding of Pressure-Temperatures phase diagrams for practical purposes.
Proficient and strong understanding of probabilistic and deterministic methods. Can easily identify limitations in data set and range in certainty of results. Proficient and strong understanding principles of flow in porous media including capillary pressure, Darcy's law, and relative permeability. Familiar with core analysis and petro-physical evaluations. Proficient and strong knowledge / experience relating to relating to geochemistry, operations, geological interpretation, well data integration, petrophysics and seismic attributes.

Education

B.S. degree in Engineering is required

Typical Experience

5-12 years of reservoir engineering experience

Schedule: Hybrid work schedule working one week in the office and the next week remote. Office weeks based in Denver or Houston.

SM Energy offers competitive compensation and benefits programs which include, but are not limited to, variable pay, health care coverage, retirement plan, protection coverage, time off and leave programs, training and development opportunities and a range of allowances connected to specific work situations. Details are available at Careers :: SM Energy Company (SM) (sm-energy.com).

Applications will be accepted on an ongoing basis until the position is filled.

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