Permian Resources (NYSE: PR) is currently seeking a Reservoir Engineer in Midland, TX. Reporting to the Reservoir Engineering Manager, the Reservoir Engineer will provide reservoir engineering support for a variety of projects (as detailed below). The ideal candidate will have strong technical as well as communication skills and be able to contribute his/her expertise while working on a multi-disciplinary team in a fast-paced environment.

General Responsibilities

• Work with multidisciplinary team to generate and execute a development plan that maximizes the value of PR's Delaware Basin Assets
• Provide reservoir engineering support and guidance on multidisciplinary field/well studies with a specific focus on economic analysis supported by rate transient analysis, decline curve analysis, material balance, volumetrics, etc.
• Analyze lateral and vertical well spacing across all fields to determine optimal spacing within each target horizon
• Collaborate with team to analyze completion and production practices that optimize value across acreage position
• Analyze reservoir fluids and monitor production performance to generate accurate production forecasts for all wells
• Support Reserves Manager in analysis of quarterly reserves update and biannual bank redeterminations
• Analyze reserves and value of potential acquisitions, divestitures, and trades and integrate with multidisciplinary team to execute on A&D strategy
• Work with Finance team to maintain long term budget forecast and update type curve, PDP, and expense forecasts regularly
• Mentor and coach other team members

Qualifications

• BS in Engineering and 6+ years of oil and gas engineering experience with 4+ years of reservoir engineering experience
• Must have relevant reservoir engineering experience with unconventional resource plays
• Must be self-motivated and capable of independently integrating within multi-disciplinary teams
• Must have excellent verbal and written communication skills and be able to communicate effectively with all levels of the organization
• Some operations experience (production, completions, drilling, etc.) preferred
• Proficiency in ARIES and Microsoft Office
• Working knowledge of Spotfire and IHS Harmony (RTA) preferred