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Senior/Staff Reservoir Engineer

Company: IKAV Energy Inc
Location: Durango
Posted on: September 23, 2022

Job Description:

IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis. At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.


  • Identify, prioritize, present, and monitor oil and gas recovery, development, and exploitation projects by actively participating in reservoir surveillance activities and supporting the resulting well actions
  • Support fast-paced drilling operations, including continued integration of new drilling information and identification of new/updated drilling locations, through use of conventional and unconventional reservoir engineering techniques and methodologies to inform and optimize field development and reservoir recovery
  • Research field and well histories and perform DCA analysis on large well sets
  • Lead the reserves documentation process in assigned field areas and provide justification and documentation for revisions to reserves and for new reserve bookings
  • Mentor less experienced engineers and team members
  • Integrate rate and pressure transient analysis, material balance, decline curve, volumetric analyses, and reservoir simulation into evaluation of conventional and unconventional reservoirs
  • Work with integrated team to develop and optimize completion, stimulation, and lift design
  • Evaluate economics and profitability of potential projects for the company by supporting business development efforts as needed

    • Bachelor of Science degree in Petroleum Engineering or related field. Preferred: Master's Degree from an accredited four-year university or college with a degree in engineering
    • Minimum 10 years of industry experience with at least 5 years of field development experience in unconventional reservoirs. Preferred: CBM/San Juan basin experience
    • Expert in the application of advanced engineering workflows and software, including Aries, OpenWells, Harmony, DrillingInfo/Enverus, and PowerBI
    • Significant experience in advanced DCA
    • Significant experience in numerical reservoir simulation
    • Thorough understanding of the key reservoir drivers that influence the production profile of unconventional resources. Preferred: Experience in one or more shale gas plays
    • History of effectively identifying and mitigating challenges faced during the appraisal and development of unconventional resources
    • Strong analytical and problem-solving capabilities with the ability to make technically and economically sound recommendations with incomplete information
    • Experience with RTA software and analysis of gas properties.
    • Robust understanding of the petro-technical workflows carried out by geoscientists, drilling and completion engineers, and production engineers
    • Strong interpersonal skills and ability to work in a multi-discipline team environment
    • Ability to multi-task, prioritize, and consistently meet project deadlines
    • Independent, self-motivated, and results-oriented with the experience to drive a project to completion
    • Excellent verbal and written communication skills; must be able to present to executive-level audience
    • Relocation package available

      Compensation estimate based on experience from $100,000 to $200,000 PI188636503

Keywords: IKAV Energy Inc, Santa Fe , Senior/Staff Reservoir Engineer, Engineering , Durango, New Mexico

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