Senior A&D 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 Permian conventional development on 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, geoscientists and land professionals. The position’s main focus will be performing economic valuations of potential acquisitions and divestitures. This is a dynamic role that requires the candidate to have entrepreneurial skills with a high-level understanding of engineering, operations, and financial disciplines. Must work well in a team setting and communicate efficiently with a strong emphasis on prioritization, accuracy, and presentation skills.

Description of Tasks:

  • Primary focus on evaluation of acquisition & divestiture opportunities
  • Quickly scope and accurately screen potential acquisition opportunities
  • Conduct technical reviews and asset valuations for both business development opportunities and operated positions to maximize company portfolio value
  • Assist in technical evaluations and presentations of materials for the executive management team and investor relations departments
  • Ability to perform complex valuations incorporating financial statements, commercials, engineering and build financial models
  • Participate in data room management presentations and provide executive summaries to management team
  • Ability to research and provide market movements, benchmarking, and identify key value metrics
  • Position will also provide support to Subsurface Development group as needed
  • Proficient and strong understanding of probabilistic and deterministic methods
  • Expected to participate in business development conferences, networking, and associations
  • Can easily identify limitations in data set and range in certainty of results calculations
  • Evaluate and report competitor results and conduct basin studies for benchmarking and acquisition opportunities


  • 7 – 13 years of oil & gas industry related experience
    • Preferably with an operator and/or investment bank – concentration in reservoir engineering with experience in operations preferred
  • B.S. in Engineering required; B.S. in Petroleum Engineering preferred
  • MBA not required but preferred
  • Proficient computer skills with MS Office.
  • Proficient with Aries, FactSet, 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 includes half day- Fridays every week and the position will also be eligible for Ring’s AIP (bonus) and LTIP (stock) programs.

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