Reservoir Engineer Job at R2Q Operating LLC
Reservior Engineer Job Description
R2Q Operating, LLC is actively prospecting and acquiring proved-producing acreage in North Texas and is need of a quality Reservoir Engineer to manage new and existing properties. The right candidate is responsible for maximizing present value through reservoir studies, economic accountability, and enhanced production recovery methods. The position also requires substantial knowledge of water flooding surveillance and implementation, as well as secondary recovery efforts.
Reservoir Engineer Responsibilities
- Senior Reservoir Engineer carries out field and reservoir studies.
- Water flooding surveillance and implementation.
- Design and model secondary recovery methods such as gas/fluid flooding and reservoir stimulation.
- Make recommendations for optimizing production rates in existing assets.
- Perform reserve and profitability analysis on drilling, recompletion, and workover opportunities.
- Compile risked economics for evaluating and ranking behind-pipe potential.
- Assist in semi-annual reserve evaluations on Company's operated and non-operated assets.
- Evaluate and make recommendations on potential acquisitions and divestitures.
- Analyze reservoir performance resulting from various completion methods.
- Maintain and update production data, ownership adjustments, and related economic data required in the evaluation process.
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