Reservoir Engineer
Ikoyi, Lagos
Posted 7 days ago
- Company:
- Ralds and Agate Limited
- Company Description:
- Ralds & Agate (R&A) is an Organizational Effectiveness Firm focused on providing People and Process related solutions to businesses, communities and organizations within and outside Africa. We bring a versatile & cumulative business and professional experience of over 4 decades. Multifaceted industry experience across Oil & Gas, Research & Technology, Hospitality, Manufacturing, Financial services etc. We work to support C suite clients to ensure that they derive value from their very valuable asset: their Employees. We are focused and committed towards building partnerships and mutually beneficial long term relationships with our clients.
- Contract Type:
- Full Time
- Experience Required:
- 5 to 10 years
- Education Level:
- Bachelor
- Number of vacancies:
- 1
Job Description
• A minimum of eight (8) years of relevant experience in Reservoir Engineering and Engineering Operations in the oil industry with an operator with a track record in Reservoir Engineering Management.
• Plans and directs all aspects of reservoir engineering/field studies regarding the identification, evaluation, and development of oil and gas reserves.
• Oversee the process of estimating, assessing, and planning oil and gas production and development projects. Being a reservoir engineering manager ensures all projects, initiatives, and processes are in conformance with the organization's established policies and objectives.
• Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget.
• Manages all reservoir engineering functions within the company.
• Provides leadership within multi-disciplinary teams to ensure adequate reservoir management of the company’s assets.
• Leads activities to optimize producing assets from a reservoir perspective leading to improved recovery, increased production and reserves addition.
• Develop reservoir performance prediction and prepare estimates of in-place hydrocarbon volume.
• Review surveillance, analysis, and dynamic models and provide direction on subsurface engineering required for proper asset reservoir management.
• Supports/Updates company-wide standard reservoir management practices.
• Quantifies risk and uncertainty and to understand the impact on production forecasts and decisions.
• Supports reservoir and production due diligence on potential farm-ins and acquisitions
• Reviews and Approves year-end Asset reserves figures for regulatory authority’s endorsement