- Professional
- Bureau à Houston
The Reserves Engineer is responsible for the evaluation, analysis, and reporting of oil and gas reserves across the company’s assets. This role ensures the company’s reserves are accurately estimated in accordance with SEC guidelines, internal standards, and industry best practices. The Reserves Engineer will collaborate with reservoir engineering, geoscience, GIS, marketing, operations, and financial planning teams to support corporate strategy, reserve-based lending, and long-range development planning.
Essential Duties & Responsibilities
- Perform reserves evaluations and prepare annual reserves reports in compliance with SEC regulations and company policies.
- Conduct decline curve, material balance, rate transient analysis, volumetric, and other engineering analyses to estimate oil, gas, and NGL reserves.
- Collaborate with geologists, reservoir engineers, and operations to validate technical and economic assumptions.
- Maintain and update reserves databases and economic models (e.g., ARIES).
- Support the preparation of external reserves audits and third-party engineering reviews.
- Provide input for corporate planning, investor relations, and reserve-based lending requirements.
- Monitor well performance, recovery factors, and economic cutoffs to ensure accurate forecasts.
- Assist in evaluating development projects, acquisition opportunities, and divestitures from a reserve’s perspective.
- Prepare management presentations summarizing reserves results, trends, and assumptions.
- Ensure reserves reporting adheres to SEC, SOX, and internal control requirements.
Required Experience & Education
- Bachelor’s degree in Petroleum Engineering or related engineering discipline.
- 3–7 years of experience in reservoir or reserves engineering within the upstream oil & gas industry.
- Ability to work independently and within a team environment
- Strong technical understanding of reservoir engineering fundamentals, production forecasting, and economic evaluation.
- Proficiency with reserves and economics software (e.g., ARIES, PHDWin, or equivalent) and reservoir engineering software (Whitson+, Combocurve)
- Familiarity with SEC guidelines and reserves classification standards (SPE-PRMS, SEC definitions).
- Advanced Excel skills & experience with database management preferred.
- Detail-oriented with ability to meet deadlines and manage multiple projects.
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 [email protected]
