Crescent Energy Co.
Principal Reservoir Engineer page is loaded## Principal Reservoir Engineerlocations:
Houstontime type:
Full timeposted on:
Posted 9 Days Agojob requisition id:
JR-0019Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows from low-decline production with a deep, high-quality development inventory.Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns.Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.The **Principal****Reservoir Engineer** is a senior technical leader and subject matter expert responsible for maximizing economic value from the company's unconventional oil and gas assets. This role leads reservoir characterization, development planning, and production optimization efforts while providing technical mentorship to engineering staff and strategic guidance to senior management. The position requires advanced expertise in reservoir modeling, production forecasting, economic evaluation, and modern analytics including machine learning and numerical simulation. The Reservoir Engineer collaborates across multidisciplinary teams to drive key business decisions on asset development, capital allocation, and reserves management while ensuring compliance with industry standards and regulatory requirements.**Essential Duties & Responsibilities:*** Work with multidisciplinary team to generate and execute development plans with the goal of maximizing value, including optimization of completion design, well spacing, production practices, landing zones, etc* Serve as technical subject matter expert and mentor to junior reservoir engineers, providing guidance on technical problems and professional development* Analyze well performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when necessary* Leverage machine learning-based analytics tools to build predictive models that evaluate various
development scenarios, optimize drilling and completion parameters, and provide data-driven recommendations for field development planning* Interpret fiber, tracer, DFIT, and microseismic data to optimize fracture spacing, completion design, and understand in-situ stress conditions* Perform economic analyses for the purpose of AFE’s and field development* Work with the Finance team on budget and long-term forecasting, consistent with Company’s development plan* Collaborate with finance team to develop corporate level targets and goals and assist with tracking and understanding variance versus Forecast production, capital, and other metrics* Ensure well estimated ultimate recovery (EURs), product pricing, Capex, Opex, pipeline tariffs, processing fees, processing upgrades, and taxes reflect current performance* Support Reserves team in analysis of annual reserves process, including collaboration with third-party Auditors to ensure compliance with reserve reporting practices* Evaluate and report competitor results and collaborate to implement competitor’s best practices where appropriate* Prepare basin level scoping analyses and conduct reservoir simulation studies to determine optimal development plans for oil and gas reservoirs* Represent the reservoir engineering function in corporate planning meetings, operational reviews, and strategic initiatives* Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, and establishing personal networks* Perform other duties as assigned**Required Experience & Education:*** Bachelor of Science Degree in Petroleum, Mechanical, Chemical, or Geologic Engineering or related field of study* Minimum seven (7) years of Exploration & Production (E&P) or relevant industry experience* Experience in Unconventional Reservoirs* Mix of reservoir, completions, planning, production operations, or drilling experience with active upstream operator preferred* Proficiency in RTA software (Whitson+ or Harmony preferred)**Required Core Competencies – Knowledge, Skills, Abilities*** Expert-level proficiency in reserves estimation, decline curve analysis, and advanced reservoir engineering analyses for unconventional reservoirs* Strong technical expertise in reservoir simulation software, production analytics platforms, and data visualization tools* Demonstrated ability to lead technical projects independently, mentor junior engineers, and provide subject matter expertise to multidisciplinary teams* Excellent communication skills with proven ability to present complex technical concepts to executive leadership, board members, and external stakeholders* Strategic thinking and business acumen to align technical recommendations with corporate objectives and financial targets* Advanced analytical and problem-solving abilities to diagnose complex reservoir performance issues and develop innovative solutions* Strong understanding of SEC reserve guidelines, regulatory compliance requirements, and industry best practices* Proven ability to manage competing priorities, meet critical deadlines, and adapt to rapidly changing operational environments* Collaborative leadership style with ability to build consensus across engineering, operations, finance, and commercial teams* Self-motivated with ability to work independently while maintaining alignment with corporate strategy and team objectives*Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender/pregnancy, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process, please let us know by contacting recruitment@crescentenergyco.com.* #J-18808-Ljbffr
Houstontime type:
Full timeposted on:
Posted 9 Days Agojob requisition id:
JR-0019Crescent is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines stable cash flows from low-decline production with a deep, high-quality development inventory.Crescent is a top three producer (by gross operated production) in the Eagle Ford basin. Crescent’s leadership is an experienced team of investment, financial and industry professionals that combines proven investment and operating expertise. For more than a decade, Crescent and our predecessors have executed on a consistent strategy focused on cash flow, risk management and returns.Through disciplined and accretive investments, we have successfully tripled the size of our company since going public in December 2021 while maintaining a strong balance sheet.The **Principal****Reservoir Engineer** is a senior technical leader and subject matter expert responsible for maximizing economic value from the company's unconventional oil and gas assets. This role leads reservoir characterization, development planning, and production optimization efforts while providing technical mentorship to engineering staff and strategic guidance to senior management. The position requires advanced expertise in reservoir modeling, production forecasting, economic evaluation, and modern analytics including machine learning and numerical simulation. The Reservoir Engineer collaborates across multidisciplinary teams to drive key business decisions on asset development, capital allocation, and reserves management while ensuring compliance with industry standards and regulatory requirements.**Essential Duties & Responsibilities:*** Work with multidisciplinary team to generate and execute development plans with the goal of maximizing value, including optimization of completion design, well spacing, production practices, landing zones, etc* Serve as technical subject matter expert and mentor to junior reservoir engineers, providing guidance on technical problems and professional development* Analyze well performance using rate transient analysis (RTA), pressure transient analysis (PTA), and numerical simulation when necessary* Leverage machine learning-based analytics tools to build predictive models that evaluate various
development scenarios, optimize drilling and completion parameters, and provide data-driven recommendations for field development planning* Interpret fiber, tracer, DFIT, and microseismic data to optimize fracture spacing, completion design, and understand in-situ stress conditions* Perform economic analyses for the purpose of AFE’s and field development* Work with the Finance team on budget and long-term forecasting, consistent with Company’s development plan* Collaborate with finance team to develop corporate level targets and goals and assist with tracking and understanding variance versus Forecast production, capital, and other metrics* Ensure well estimated ultimate recovery (EURs), product pricing, Capex, Opex, pipeline tariffs, processing fees, processing upgrades, and taxes reflect current performance* Support Reserves team in analysis of annual reserves process, including collaboration with third-party Auditors to ensure compliance with reserve reporting practices* Evaluate and report competitor results and collaborate to implement competitor’s best practices where appropriate* Prepare basin level scoping analyses and conduct reservoir simulation studies to determine optimal development plans for oil and gas reservoirs* Represent the reservoir engineering function in corporate planning meetings, operational reviews, and strategic initiatives* Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, and establishing personal networks* Perform other duties as assigned**Required Experience & Education:*** Bachelor of Science Degree in Petroleum, Mechanical, Chemical, or Geologic Engineering or related field of study* Minimum seven (7) years of Exploration & Production (E&P) or relevant industry experience* Experience in Unconventional Reservoirs* Mix of reservoir, completions, planning, production operations, or drilling experience with active upstream operator preferred* Proficiency in RTA software (Whitson+ or Harmony preferred)**Required Core Competencies – Knowledge, Skills, Abilities*** Expert-level proficiency in reserves estimation, decline curve analysis, and advanced reservoir engineering analyses for unconventional reservoirs* Strong technical expertise in reservoir simulation software, production analytics platforms, and data visualization tools* Demonstrated ability to lead technical projects independently, mentor junior engineers, and provide subject matter expertise to multidisciplinary teams* Excellent communication skills with proven ability to present complex technical concepts to executive leadership, board members, and external stakeholders* Strategic thinking and business acumen to align technical recommendations with corporate objectives and financial targets* Advanced analytical and problem-solving abilities to diagnose complex reservoir performance issues and develop innovative solutions* Strong understanding of SEC reserve guidelines, regulatory compliance requirements, and industry best practices* Proven ability to manage competing priorities, meet critical deadlines, and adapt to rapidly changing operational environments* Collaborative leadership style with ability to build consensus across engineering, operations, finance, and commercial teams* Self-motivated with ability to work independently while maintaining alignment with corporate strategy and team objectives*Crescent Energy is an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, color, religion, gender/pregnancy, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status or any other legally protected status. Crescent Energy is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you require accommodation to complete the application process, please let us know by contacting recruitment@crescentenergyco.com.* #J-18808-Ljbffr