Advisor, Reservoir Engineering (Finance)
At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.
Job Summary
Murphy Reservoir Engineering Advisors are recognized as subject matter experts within the organization and impact business through support of multiple assets, play key roles in major projects, and have a multi-year track record as key value creators. Additionally, they actively mentor, train and provide input on staff development, including both coursework and on-the-job experiences to grow technical abilities. They are often selected as functional representatives for corporate and technical-focused activities and initiatives, helping to set direction as a technical expert within the company. Advisors also participate in the evaluation and selection of new tools and technology, looking for viable applications of machine learning/artificial intelligence to supplement the knowledge of our technical staff to shorten cycle times on opportunity evaluations.
Specifically, supporting maturation of drilling opportunities is a major part of the role, requiring close collaboration with a strong team of geoscientists to optimize development options while balancing risks and uncertainties within a fit-for purpose value assurance framework. Troubleshooting well performance problems and providing recommendations on workovers and stimulation treatments are also important. Underpinning the above scope is a detailed understanding of the reserves process and economic analysis for accurate SEC reserve assessments. Execution of these roles may include direct involvement on a project but will often be through technical reviews and direct mentorship of other reservoir engineers to help build their technical skillsets over time.
Advisor-level professionals are recognized by the industry as key resources in their field of expertise. They attend technology conferences and seminars to stay up to date on industry developments and new technologies. They serve as role models in professional and ethical behavior, develop and foster strong networks within and outside the company, and drive multiple initiatives to promote continuous improvement and quality outcomes throughout the organization. They utilize their business knowledge to develop clear strategies, identify transformational business opportunities, and justify essential resources.
The Reservoir Engineering Advisor will work in our Houston Corporate office and may work two (2) days a week remotely.
Responsibilities
- Work with multidisciplinary teams to create development plans for deepwater fields that incorporate risks and uncertainties in the development decisions
- Provide expert guidance when trouble shooting well performance issues and provide recommendations on workover and/or stimulation treatments
- Apply expert knowledge of classical reservoir engineering, including material balance analyses, PTA analyses and PVT analyses
- Build and maintain reservoir models in close collaboration with geoscientists to ensure integration of all relevant data. Advanced reservoir modelling skills and in-depth experience with uncertainty analyses and a combination of hands-on modelling and mentoring of colleagues will be required.
- Plays a critical role in technical evaluation of investment opportunities, both internal and new ventures, as an active participant in both technical discipline and cross functional peer reviews as projects mature through the value assurance workflow. Focus areas will be to understand the reservoir, well design, expected performance, project economics, and provide the appropriate feedback and documentation as required.
- Keeps up to date on industry best practices and emerging technologies, making recommendations on how to improve our business through updated processes and new technology implementation.
- Ability to effectively tailor and deliver the main message on a given subject to the target audience, which includes the technical team up through senior levels of management within Murphy or partners.
- Understands and supports larger organizational objectives and metrics, helping translate how those objectives are supported at a technical level to others within Subsurface.
- Values quality data and transparency, supporting initiatives to continually improve how data is stored, integrated, accessed and analyzed.
- Lead by example when supporting Murphy's Mission, Vision and Values in terms of behavior and interactions with other professionals both internally and externally.
- Exhibits effective conflict resolution skills and serves as a role model in professional and ethical behavior.
- Develop organizational talent that consistently delivers strong technical and economical projects that meet or exceed defined metrics while employing innovative techniques and processes.
- Technical leader helping to develop junior staff on classical reservoir engineering concepts and reservoir modeling/management best practices. Provides direction on training classes and experiences needed to complement in person coaching sessions and improve the technical expertise of staff.
Qualifications/Requirements
- Bachelor's degree in Engineering
- Minimum 20 years' experience in Reservoir Engineering, 5 years' experience with deepwater fields, 5 years' experience in exploration reservoir engineering support, and 10 years' experience with economic assessments, reservoir simulation, network modeling and pressure transient analysis.
- 15 years of experience field development studies and uncertainty analyses
- Demonstrated experience with tNavigator/Eclipse, PTA/Kappa, PVT/PVTsim, ValNav, Power BI or similar software packages
- Demonstrate the ability to thrive in a team environment placing the team's needs ahead of the individual
- Ability to work on multiple projects simultaneously in a fast-paced environment is essential
Desired/Preferred Qualifications
- Minimum 15 years' experience direct Offshore reservoir engineering experience, GOA deepwater experience is preferred.
- Strong verbal and written communication skills
The individual is required to follow all applicable safety precautions. Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs. The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.
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PURPOSE
We believe in providing energy that empowers people.
MISSION
We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.
VISION
We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.
VALUES & BEHAVIORS
Do Right Always
- Respect people, safety, environment and the law
- Follow through on commitments
- Make it better
- Offer solution
- Step up and lead
- Don't settle for "good enough"
- Embrace new opportunities
- Show resilience
- Lean into challenges
- Support each other
- Consider the implications
Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.
For additional information, you may also visit the USCIS website.
Murphy Oil Corporation is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, genetic information, age, national origin, sexual orientation, disability, protected veteran status or any other category protected by federal, state or local law.
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