Reservoir Engineer


Ring Energy, Inc. (NYSE American: REI) is headquartered in The Woodlands, Texas and is a Texas-based oil and gas exploration, development, and production company with current operations in the Permian Basin of West Texas -- recognized as the top producing oil basin in North America. Primary company focus is Horizontal San Andres wells in the Central Basin Platform and Northwest Shelf.


The position will be based out of the company’s office in The Woodlands, Texas. The candidate will be part of a multi-disciplinary team consisting of engineers, geoscientist and land professionals and will provide support through his/her knowledge of reservoir characterization, reservoir management, performance analysis and surveillance. Must be able to handle multiple projects with minimal supervision, while meeting the established deadlines. Must have a thorough understanding of practical petroleum economic theory. Must work well in a team setting and communicate efficiently with a strong emphasis on prioritization, accuracy, and presentation skills.

Description of Tasks:

  • Assist in technical evaluations and presentations of materials for the executive management team and investor relations departments
  • Provide support to both corporate reserves and A&D departments
  • Ability to create and utilize technical workflows in Spotfire
  • Seeks to improve and increase efficiency of routine analysis
  • Responsible for aiding in evaluating and initiating exploitation opportunities, including new drill wells, and outside operated opportunities.
  • Proficient and strong understanding of probabilistic and deterministic methods.
  • Can easily identify limitations in data set and range in certainty of results.
  • Conduct technical reviews and asset valuations for both operated positions and business development opportunities to maximize economic value
  • Identify and implement business unit improvements to enhance organizational performance.
  • Duties involve identification, justification, and implementation of reserves-bearing opportunities.
  • Short and long-term production forecasting, reserves estimation and reporting, and support of annual budget and planning cycles.
  • Provide ongoing look back analysis regarding recently drilled wells and incorporate findings into future development plans.
  • Evaluate and report competitor results and conduct basin studies for benchmarking and acquisition opportunities
  • Support team with building LOE and CAPEX models using connected Sql databases and Spotfire. Ability to support analysis of the data
  • Understand and follow all safety policies & procedures based on company HSE program


  • B.S. in Engineering required; B.S. in Petroleum Engineering preferred.
  • 2 – 5 years of industry related experience preferably with a concentration in reservoir engineering
  • Proficient computer skills with MS Office.
  • Working knowledge of Aries and Spotfire
  • Ability to work flexible hours, as needed
  • Exceptional work ethic with a high degree of integrity
  • Strong written and verbal communication skills.
  • Highly motivated individual who works well in a fast-paced environment.


Ring Energy, Inc. offers a competitive compensation plan and a comprehensive benefits program. The benefits program includes healthcare, dental, vision, short-term and long-term disability, 401(k), life insurance, HSA & FSA Plans, and paid time off. Work schedule is half- Fridays every week and the position will also be eligible for Ring’s AIP (bonus) and LTIP (stock) programs.

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