Reservoir Engineer II


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 conventional vertical and horizontal wells in the Central Basin Platform and Northwest Shelf.


The position will be based out of the company’s office in Midland, Texas. Candidate will be part of a multi-disciplinary team consisting of engineers, geoscientists 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 while meeting the established deadlines. Must have Aries experience and a good understanding of oil & gas operations. Must work well in a team setting and communicate effectively.

Description of Tasks:

  • Ability to run economic scenarios and have strong understanding of Aries
  • Assist in the evaluating of exploitation opportunities, including new drill wells, recompletions and workover projects
  • Ability to perform evaluation on Non-Op opportunities
  • Ability to create and utilize technical workflows in Spotfire
  • Seek to improve and increase efficiency of routine analysis
  • Proficient and strong understanding of probabilistic and deterministic methods
  • Support documentation process to justify investment opportunities to management 
  • Conduct technical reviews and asset valuations for both operated and Non-Op to maximize asset value
  • Decline curve analysis for reserves estimation and reporting
  • Provide look back analysis of recently drilled development programs and incorporate findings into future development plans
  • Work with production engineers to perform well investigation to identify needed maintenance and workovers
  • Support Corporate reserves team with building LOE, Differentials and CAPEX models using connected Sql databases and Spotfire.
  • Understand and follow all safety policies & procedures based on company HSE program


  • B.S. in Engineering required; B.S. in Petroleum Engineering preferred
  • 2 – 4 years of industry related experience preferably with a concentration in reservoir engineering
  • Must have Aries experience
  • Proficient computer skills with MS Office.
  • Working knowledge of Spotfire & other reservoir software
  • 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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