Reservoir Engineer Tech
COMPANY PROFILE:
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.
POSITION SUMMARY & RESPONSIBILITIES:
The position will be based out of the company’s office in Midland, Texas. The candidate will be part of a multi-disciplinary team consisting of engineers, geoscientists and land professionals and should be self motivated and focused on providing support. Must be able to handle multiple projects while meeting the established deadlines. Must have a good understanding of oil & gas operations and experience with spotfire, Aries experience is a plus. Must work well in a team setting and communicate effectively.
ROLES AND RESPONSIBILITIES:
- Gather well information and production data from public and internal databases
- Independently create and maintain engineering databases and ensure data quality of all data imports
- Work closely with the Subsurface team, D&C team, and Technology team as well as the Data Management team daily to ensure databases remain organized and updated
- Utilize reservoir engineering software to prepare production forecasts for internal analysis
- Assist in the development and maintenance of data visualization and analysis tools using Spotfire
- Assist in team communication efforts in areas such as reporting, power point slide creation and formatting
- Own and automate processes to extract data from static reports into other databases
- Ability to run economic scenarios and have a strong understanding of Aries
- Coordinate with other departments to acquire information or report data and activities
- Assist in the evaluating of exploitation opportunities, including new drill wells, recompletions and workover projects
- Ability to create and utilize technical workflows in Spotfire
- Seek to improve and increase efficiency of routine analysis
- Support documentation process to justify investment opportunities to management
- Work with production engineers to perform well investigations to identify needed maintenance and workovers
- Support Corporate reserves team with building LOE, Differentials 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
QUALIFICATIONS:
- 2 – 6 years of industry related experience preferably with a concentration in reservoir engineering
- Bachelor's Degree in geology, engineering or computer science related
- Experience with data manipulation, management, and QC
- Must be detail oriented with an investigative mind and ability to troubleshoot
- Proficient in MS Office, SQL, and Spotfire
- Aries and ComboCurve experience is a plus
- 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
BENEFITS:
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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