OBO Reservoir Engineer - Permian

Title: OBO Reservoir Engineer - PermianLocation: NORTH AMERICA-USA-TEXAS-MIDLANDJob Number: 00VQBWho We AreWe are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas, and perspectives of our employees drive our success.Permian OverviewConocoPhillips and its heritage companies have operated in the Permian Basin for almost 100 years.The Permian saw significant growth in 2021 with the acquisition of Concho Resources Inc. in January 2021 and the addition of Shell’s Permian acreage in December 2021. At year-end, the company held approximately 1.5 million net acres in the Permian Basin. Net production for the Permian in 2021 was 442 MBOED. ConocoPhillips is committed to being an innovative and environmentally responsible operator, and the new technologies and practices that it is using in this area exemplify that.Quality of Life IncentivesConocoPhillips offers additional benefits to support employees living and maintaining a primary residence in the Midland, TX area. For more details visit: Desert Delight: Living and working in Midland (https://www.conocophillips.com/spiritnow/story/desert-delight-living-and-working-in-midland/)DescriptionThe Delaware Basin Operated by Others (OBO) Team is seeking a Reservoir Engineer with a background in working development programs, supporting ongoing drilling operations and characterization of new-entry areas.If you are selected as the OBO Reservoir Engineer, you will provide comprehensive oversight of the Delaware Basin OBO program and drive process and tool optimization.You may be eligible for the voluntary hybrid office work (HOW) program that is designed to provide employees with flexibility while maintaining the advantages of in-person engagement.Your responsibilities may include:Develop OBO capital/production monthly forecasts for financial outlooks and Long-Range Plans

Perform sophisticated technical and economic analysis of OBO ballots and well AFEs to optimize and evaluate feasibility of future projects, including considerations for capital, expense, and incremental economics

Estimate OBO resource/reserves, and support RCAT reviews (DRTS resources, PDPs, PUDs)

Collaborate across multiple Corporate and BU functions including Land, Commercial, Business Development, Regulatory, Health, Safety and Environment (HSE), and Asset Development teams

Support development and implementation of OBO data analytics tools

Work closely with Geologists and asset teams to share and use knowledge and strategic opportunities to improve understanding of well and reservoir performance, as well as creating synergies with operated acreage

Qualifications:Basic/Required:Must be legally authorized to work in the United States as a U.S. citizen or national, or an alien admitted as a permanent resident, refugee or asylee

Bachelor's degree or higher in Petroleum Engineering, other related engineering field, or foreign equivalent

3 years of experience in exploration and/or development positions in the upstream oil and gas industry

Willing and able (with or without reasonable accommodation) to travel up to 10% of the time on a yearly basis

Preferred:5 years of experience as a Reservoir Engineer

3 years of work experience in the Permian Basin

Advanced knowledge of subsurface project management, project economics, and prospect portfolio management

Advanced proficiency with the use of data analytics processes and tools

Intermediate knowledge with Permian competitors and basin trends

Demonstration of strong social skills supporting ability to work with multiple individuals with concurrent project requirements/deadlines

Efficient verbal and written communication skills

Ability to work efficiently within multi-functional teams both internally and with OBO partners

Ability to establish networks and relationships with multiple functions outside of immediate area of expertise

Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what is right

Delivers positive results through realistic planning to accomplish goals

Builds effective solutions based on available information and makes timely decisions that are safe and ethical

Listens actively and invites new ideas for exchanged opinions, then influences and acts to drive positive performance and achieve results

Builds positive relationships based on trust and seeks collaboration across organizational boundaries to achieve goals

Drives thoughtful and pragmatic change, inspires innovative thinking and continuous improvement, and models adaptability through resourcefulness, flexibility, and positivity

To be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of October 26, 2022.Candidates for this U.S. position must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a) (1). Individuals with temporary visas such as A, B, C, D, E, F, G, H, I, J, L, M, NATO, O, P, Q, R or TN or who need sponsorship for work authorization in the United States now or in the future, are not eligible for hire.ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information or any other legally protected status.Job Function: EngineeringJob Level: Individual Contributor/Staff LevelLine of Business: MIDLAND BASINTitle: OBO Reservoir Engineer - Permian