Principal Reservoir Engineer

Entity:

Production & Operations

Job Family Group:

Subsurface Group

Job Description:

The Principal Reservoir Engineer individual contributor role is part of the Subsurface Technology Team (STT) within bpx energy. The STT is a centralized center of technical excellence made up of geoscience and reservoir engineering experts who support bpx energys multi-rig program across the Permian, Eagle Ford, and Haynesville development teams. The purpose of the Reservoir Engineering team in STT is to drive technical excellence, pursue and adopt innovation, optimize subsurface workflows, and solve the toughest technical problems through a commercial lens.

Key Accountabilities

This role will be part of a team of Reservoir Engineering Subject Matter Experts, playing a vital role in driving value into bpx development assets. Core objectives include well performance optimization, cashflow generation, process improvement, tool development, risk management, strategic planning, and technical reserves assessment. This individual should be capable of using advanced technical skills and collaboration to support engineering project management and achieve business objectives. Specific accountabilities include:

• Anticipate needs particular to the three bpx energy assets Permian, Eagle Ford, and Haynesville - and apply a wide range of analysis techniques to solve emerging problems including: reservoir modelling, rate transient analyses, type curve analyses, statistical analyses, machine learning studies, laboratory experiments, and field trials.

• Own stakeholders such as peers and leadership in the STT, asset, drilling, and completions teams. This includes proactively establishing and maintaining relationships and channels of communication, understanding business needs, and keeping stakeholders regularly appraised of the status of technical projects.

• Influence change within the organization. Elevate the assets knowledge base, standards, and capabilities. This includes standardizing, maintaining, and optimizing subsurface processes; assuring or peer reviewing technical work; offering and hosting one-on-one mentoring sessions; offering and leading technical development opportunities.

• Pursue and actualize innovative proposals in the reservoir engineering domain. This includes exploring, incubating, and developing new technologies and technical workflows; engaging with third-party service providers and other operators; and attending fit-for-purpose technical conferences and consortia meetings.

• Progress hydrocarbon resources by exploring new prospects and developing appraisal strategies. This includes evaluating shallower or deeper stratigraphic intervals and new geographic areas.

• Support the business development team on acquisitions and divestitures. This includes data analysis, technical assurance, and cross-discipline collaboration.

• Evaluate economics and profitability of potential projects and provide recommendations for execution; understand and communicate the financial impact of technical studies and technology trials.

Essential Education & Experience

• Bachelors or higher degree in Petroleum Engineering or other relevant engineering fields

• Personal commitment to inclusion, respect, transparency, ownership, safety, ethics, and compliance.

• Minimum of 15 years of industry experience working as a Reservoir Engineer in U.S. unconventional plays.

• Strong technical background in unconventional assets with experience supporting active rig programs.

• Excellent communication skills. This includes clear, concise, and simple messaging, especially when addressing complex technical concepts to a business-oriented audience.

• A track record of strong integration across multiple disciplines, teamwork, and mentoring.

• Demonstrated ability to succeed in fast-paced and lean work environments by embracing change & adapting quickly.

• Demonstrated ability to address technical projects through the lens of business outcomes such as IRR and NPV.

• Track record of a growth mindset in terms of problem solving, resilience, and continuous improvement.

• Attention to detail and demonstrated ability to understand and analyze complex issues, manage uncertainty and risk, integrate multiple data sources, and make data-driven decisions.

• Experience with Rate Transient Analysis (Whitson preferred) and other unconventional reservoir evaluation and surveillance techniques.

Desirable criteria

In addition to the essential experience the successful candidate is likely to be able to demonstrate:

• Eagle Ford, Permian, and Haynesville experience

• Experience in data visualization software (Power BI or Spotfire preferred)

• Experience in Economic Modelling software (Aries preferred)

• Experience with competitor data web applications (Enverus preferred)

• Experience in Unconventional Reservoir Modelling (Resfrac preferred)

How much do we pay (Base) $235,000 - $300,000. Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting.

Why join us?

At bpx, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

We offer a reward and wellbeing package to enable your work to fit with your life. These can include, but not limited to, access to health, vision, and dental insurance, flexible working schedule, paid time off policy, discretionary annual bonus program, long-term incentive program, and a generous 401(k) matching program.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations.

Discover your place with us and help our business meet the challenges of reimagining and reinventing the future of energy.

Travel Requirement

Up to 10% travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Cost-conscious decision-making, Data acquisition strategy, Data Analysis, Data Management, Depletion and Storage Development Planning, Fluid Properties, Fluid sampling and analysis, Geological Reservoir and Storage Unit Modelling, Integrated Resource Progression, Monitoring, Measuring and Verification for Carbon Storage, Petrophysical Dynamic Reservoir Description, Petrophysical Static Reservoir Description, Reservoir Forecasting and Business Planning, Reservoir quality, Resource, Reserves Estimation and Storage Volume Assessment, Subsurface integration, Subsurface uncertainty and risk management, Subsurface verification and assurance, Well and Area Performance Management, Well Planning

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bps recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us .

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.