Title

Reservoir Description Expert

Compensation

• Base Salary, depending on experience, is between $160-185K
• This position is Bonus Eligible and the client has paid bonus each of the past 10 years and the percentage for this position is 30% of base
• 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 Medical and Dental 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 description studies.
  
• Candidate will be a key member of a fully integrated, interdisciplinary team of geoscientists and advanced simulation/enhanced recovery engineers employing compositional simulation to assist in the design and management of our client’s CO2 floods.
  
• Good communication skills are required to interface with geoscience and engineering staff responsible for Company’s many existing and pending the CO2 flood implementations and management.

Education & Experience

• An experienced geologist with advanced reservoir description expertise.
  
• Candidate should have a demonstrated expertise and extensive experience in sequence and genetic stratigraphy, clastic sedimentology
  
• Candidate should also have a demonstrated capability in subsurface stratigraphic studies, correlation, mapping, core description/interpretation, and facies analysis.
  
• Candidate should have been a member of a team responsible for integrated reservoir simulation studies.
  
• Candidate should have experience and expertise in using current industry software for subsurface studies.
  
• Candidate should also have an advanced capability in using geostatistics for generation of reservoir geologic models for reservoir simulation studies using oil industry contemporary geostatistical software is required.
  
• Geologist with a Ph.D. degree and 20+ years of major oil company experience are preferred.