Title

Senior Reservoir Simulation—Enhanced Recovery Engineer

Compensation

• Base salary, depending on experience, is between $160-185 K
• This position is Bonus Eligible (30% of Base—paid in January and they have paid bonus the past 10 years)
• Upon acceptance of employment you will receive shares of stock (this will be substantial and could have a value of, when fully vested, close to your annual salary)
• Exceptional relo package
• Exceptional Health/Dental, 401 K Benefits.

Location

Dallas, Texas

Client

Our client is a growing independent oil and gas company. The Company is the largest oil and natural gas operator in Mississippi, owns the largest reserves of CO2 used for tertiary oil recovery east of the Mississippi River, along with significant operating acreage in the Barnett Shale play near Fort Worth, Texas, and also holds properties in Southeast Texas. The Company’s goal is to increase the value of acquired properties through a combination of exploitation, drilling and proven engineering extraction practices, with its most significant emphasis relating to tertiary recovery operations.

Since they acquired their first carbon dioxide tertiary flood in Mississippi in 1999, they have gradually increased their emphasis on these types of operations. During this time, they have learned a considerable amount about tertiary operations and working with carbon dioxide. Their tertiary operations have grown to the point that approximately 50% of their December 31, 2008 proved reserves are proved tertiary oil reserves, almost 50% of their forecasted 2009 production is expected to come from tertiary oil operations (on a BOE basis), and almost all of their 2009 capital expenditures are related to their current or future tertiary operations.

In addition, they are pursuing anthropogenic (man-made) sources of CO2 to use in their tertiary operations, which they believe will not only help them recover additional oil, but will provide an economical way to sequester CO2. They have acquired several old oil fields in their areas of operations with potential for tertiary recovery and plan to acquire additional fields, and they are continuing to expand their CO2 pipeline infrastructure to transport CO2.

Job Details

• Conducting and directing integrated reservoir studies employing compositional simulation to assist in the design and management of client’s CO2 floods.
  
• Coordinating and directing fluid and rock property acquisition programs.
  
• Coordinating and directing integrated reservoir description programs employing advanced geostatistical procedures designed to provide the geologic model employed in the simulation models.
  
• Good communication skills are required to interface with geoscience and engineering staff responsible for our client’s many existing and pending the CO2 flood implementations and management.

Education & Experience

• Our client is seeking an experienced reservoir engineer with advanced compositional simulation and enhanced oil recovery expertise.
  
• Candidate should have a demonstrated record of successfully completing a significant number of practical reservoir studies involving reservoir description, fluid and rock property generation and compositional simulation.
  
• Candidate should have experience in developing equations of state and associated lab procedures for generating fluid property data employed in equation of state tuning.
  
• Candidate should also be familiar with reservoir description technology employing geostatistical methodology
  
• Be able to coordinate and direct integrated reservoir description projects.
  
• Reservoir engineers with a Ph.D. degree in engineering
  
• 20+ years of major oil company experience are Preferred.