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About this GOA Reservoir Engineer role at Occidental Petroleum

Occidental Petroleum · Onsite · The Woodlands, Texas

Oxy produces, markets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Oxy primarily operates in the United States, Middle East and North Africa. To learn more, visit Oxy

Oxy strives to attract and retain talented employees by investing in their professional development and providing rewarding opportunities for personal growth. Our goal is to meet the highest employer standards by ensuring the health and safety of our employees, protecting the environment and positively impacting our communities where we do business.

Oxy’s Gulf of America (GOA) Asset Development (AD) organization is seeking a senior-level Reservoir Engineer for one of several current and upcoming openings, either on an integrated asset development team assigned to a producing deepwater field or within the AD Development Excellence organization. The role leads reservoir performance analysis, forecasting, reserves and commercial evaluations that guide investment decisions and grow long-term asset value.


Roles & Responsibilities:

  • Reservoir Performance & Forecasting: Lead reservoir performance analysis and production forecasting for conventional deepwater reservoirs using material balance, decline curve analysis, well productivity analysis and reservoir simulation.
  • Production Surveillance: Analyze well and reservoir production performance to identify optimization opportunities, risks and recommended actions.
  • Reservoir Management: Apply reservoir surveillance and management best practices across the full field development life cycle.
  • Forecasts, Portfolio & Reserves: Partner with Planning and Asset Teams to review and compile monthly asset forecasts, annual portfolio submissions and SEC reserves, and support third-party reserves audits.
  • Reserves Compliance: Prepare, document and defend reserves estimates in accordance with SEC reserves guidelines.
  • Commercial Evaluations: Perform economic evaluations in PEEP/MOSAIC, including forecasting, pricing, cash flow prediction and financial modelling, to value producing properties and support acquisition/divestiture transactions.
  • Decision Analysis: Apply decision trees, probabilistic and statistical methods, optimization and portfolio analysis to frame, rank and de-risk investment opportunities.
  • ·Special Projects: Lead and coordinate special projects and ad-hoc business needs (e.g., budget comparisons) with internal and external stakeholders.
  • Mentoring: Coach and mentor less-experienced reservoir engineers and participate in peer reviews and peer assists (approximately 10–25% of work time).

Required Knowledge, Experience, Skills & Comptencies:


Education: Bachelor’s degree in Petroleum Engineering or a closely related engineering discipline.

 

Professional/Technical Knowledge: Minimum of fifteen (15) years of total oil & gas experience, including at least five (5) years of Gulf of America reservoir engineering experience with hands-on reservoir simulation history matching and modelling.


  • Demonstrated expertise in material balance, decline curve analysis, well productivity analysis and reservoir simulation for conventional reservoirs
  • Strong working knowledge of SEC reserves guidelines and reserves reporting processes
  • Proficiency in petroleum economics and decision analysis, preferably using PEEP/MOSAIC

 

Skills & Competencies:

  • Self-directed; sets priorities, organizes and carries out own work plan while staying proactively available to all asset teams
  • Communicates clearly and effectively across disciplines and with all levels of leadership
  • Leads and coordinates ad-hoc business needs and general reservoir engineering duties (e.g., budget comparisons, economic analysis, decision analysis) with minimal supervision
  • Collaborative team player in an integrated, multidisciplinary environment with a commitment to developing others

 

Additional Desired Qualifications:

  • Master’s degree in Petroleum Engineering or a related field
  • Deepwater development experience, such as subsea tiebacks, waterflood or pressure maintenance projects
  • Experience supporting third-party reserves audits and acquisition/divestiture evaluations
  • Experience with industry reservoir simulation, PTA and production analysis software
  • Professional Engineer (PE) license or SPEE membership

Recruitment Fraud
 
It has come to our attention various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of Oxy. Please be aware that these recruiting scams and communications do not originate nor are they associated with our recruitment process. All Oxy job postings and offers will require a completed application through our company website.
 
Oxy does not charge a fee at any stage of the recruiting process. We will never:
 
•  Ask you to pay for applications, interviews, meetings, processing, training or for any other fees
 
•  Use recruiting or placement agencies that charge candidates an advance fee of any kind or
 
•  Request personal information such as passport and bank account details at an early stage of our recruitment process.
 
We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.


All qualified applicants will receive consideration for employment without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

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About Occidental Petroleum

Oxy produces energy and essential products to sustain and improve life on our planet. Our experienced teams, located in the United States, Middle East and Africa, are committed to safe and efficient operations and products, and to reducing our carbon footprint and helping others do the same. We are busy developing the big ideas and broad solutions we will need to achieve net zero. Every day, we get closer. And we won’t stop until we’re there.

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