Senior Petroleum Reserves Engineer

Posted last month

Worldwide

Summary

We are an engineering advisory firm assembling an Independent Engineer (IE) team for a federal energy financing program run by the U.S. Department of Energy (DOE). We need a recognized reserves authority to lead the subsurface and economic evaluation of a shallow-water Gulf of America oil and gas asset for lender due diligence. This is the highest-value, most heavily scrutinized part of the engagement. Mandatory DOE requirements (you will not be considered if any is unmet): U.S. citizen or lawful permanent resident. This is a firm federal rule that extends to every consultant and subcontractor. No exceptions, no remote work from outside the United States. At least 10 years of experience evaluating oil and gas reserves, and recognized as an industry leader in that field. A demonstrated track record performing reserves evaluation for banks and financial institutions in a financing or due-diligence context. Bachelor's degree or higher from an accredited university or college in engineering, physical sciences, or a related field. A master's or doctoral degree may substitute for two years of the required experience. No Organizational Conflict of Interest (OCI). You cannot have financial, contractual, or organizational ties to the asset's operators or their financing parties. We will screen, and your written OCI disclosure is due with our proposal. Available to support a period of performance that runs through approximately December 31, 2036. Scope of work: Audit Proved Developed Producing (PDP) wells: decline-curve analysis, Lease Operating Expense (LOE), workover and capital expenditure (capex) review. Assess Proved Undeveloped (PUD) and Probable locations, with emphasis on seismically-driven development models. Build or validate the reserves and economic model and deliver a reserves report meeting Society of Petroleum Evaluation Engineers (SPEE) Petroleum Resources Management System (PRMS) or U.S. Securities and Exchange Commission (SEC) standards. Apply probabilistic and statistical methods, including fault tree analysis (FTA) and failure mode and effects analysis (FMEA). Provide technical inputs to the lender's financial model and an economic appraisal of the underlying assets. Preferred: Professional Engineer (PE) license; SPEE membership. To apply, send a curriculum vitae (CV) of no more than 3 pages, your fully burdened hourly rate, written confirmation of U.S. citizenship or lawful permanent residency, your availability, and one line on your largest lender-facing reserves engagement. All materials needed by Saturday, June 20.

  • More than 30 hrs/week
    Hourly
  • 6+ months
    Duration
  • Intermediate
    Experience Level
  • $90.00

    -

    $120.00

    Hourly
  • Remote Job
  • Complex project
    Project Type
Skills and Expertise
Mandatory skills
Embedded System
Microcontroller Programming
Nice-to-have skills
Reverse Engineering
Embedded C
Activity on this job
  • Proposals:5 to 10
  • Last viewed by client:2 weeks ago
  • Interviewing:
    5
  • Invites sent:
    26
  • Unanswered invites:
    10
About the client
Member since Oct 25, 2021
  • United States
    Sacramento3:34 PM
  • $8.6K total spent
    24 hires, 14 active
  • 167 hours
  • Tech & IT
    Small company (2-9 people)

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