Job Description

This role required candidate to permanently relocate at Dhahran, Saudi Arabia.

About the Company

This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

Job Summary

We are seeking a Reserves Specialist to join This Company\'s Upstream Development Strategy & Reserves Department (UDS&RD) which is based in Dhahran, Saudi Arabia and manages one of the world\'s largest portfolios of on-shore and off-shore oil and gas fields. UDS&RD provides high-level technical support across the full range of hydrocarbon exploration and production activities, including economic optimization of the entire resource portfolio; as well as opportunities to conduct pioneering studies, introduce new technologies, and propose innovative development solutions. The Reserves Specialist will lead and coordinate reserves assessment processes and collaborate with multi-disciplinary teams to complete reserves related studies. In general, the candidates should have broad experience in the oil and gas upstream business and subsurface evaluation with specialty skills in reserves and resource evaluation, classification and reporting as they relate to new discoveries and producing fields.

Responsibilities:

• Leading and guiding work processes for the Reserves Division, liaising with a wide array of internal stakeholders.
• Applying industry-recognized reserves definitions and guidelines, and defending decisions related to reserves.
• Monitoring daily exploration, delineation/extension, and development drilling activity as it impacts reserves.
• Selecting key reservoir intervals for testing and assisting in planning and interpreting test results.
• Applying classical reservoir engineering in assessing uncertainty and undertaking reserves assessments, including log and wireline formation test interpretation, pressure and rate transient analysis, PVT and SCAL interpretation, production performance, and material balance.
• Reviewing geologic interpretation and mapping, including rock typing and facies characterization, reservoir communication, seismic application, sequence stratigraphy, etc.
• Participating in integrated reservoir studies and quality checking reservoir simulation results (history match validation, production constraints, technical assessment of forecast results, etc.)
• PEER reviewing 3D static and dynamic modeling, in particular, its fitness for purpose.
• Understanding commerciality assessment (discounted cash flows, net present value, internal rate of return, forecasting prices/capex/opex, etc.)
• Developing less experienced staff through designing, implementing, and overseeing professional development programs.
• Representing This Company in external technical conferences, symposiums, and forums.

• Willing to permanently relocate at Dhahran, Saudi Arabia.
• Bachelor\'s degree in Petroleum Engineering or related fields. A Master\'s or Ph.D. degree is desirable, and additional exposure/training in business, economics, or finance is also beneficial.
• 15 years of experience in reserves-related roles with reputable oil and gas consulting and/or E&P companies.
• Extensive experience in reserves estimation (both deterministic and probabilistic), resource evaluation, classification and reporting (e.g., PRMS, SEC, etc.), classic reservoir engineering, 3D static and dynamic modeling of reservoirs, and experience in enhanced oil recovery, unconventional reservoirs, and/or subsurface gas storage as they relate to reserve assessment.
• Hands-on experience in reservoir characterization, petrophysical analysis, including log and MDT interpretation and core analysis, fluid characterization including PVT studies and geochemical fingerprinting, and well testing including pressure transient, rate-transient analysis, and wireline formation testing.
• Experience working in a large organization with a varied portfolio of reservoirs, or a wide range of experience in smaller companies.
• Excellent written and verbal communication skills, including experience in presenting to executive management and large audiences.
• Participation in industry-level reserves and resource presentations and/or publications, in conjunction with relevant membership(s) of appropriately related professional organizations, would be helpful.
• Proven experience effectively collaborating with multi-disciplinary teams consisting of geoscientists, engineers, economists, etc.
• Supplemental experience in reservoir engineering, especially technical principles for developing long-term oil and gas reservoir depletion plans, economics evaluations, and key performance measures and benchmarking in E&P industry.

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