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Petroleum Engineer

Prime Rock Energy Capital
Cairo, Egypt
Posted 6 years ago
149Applicants for2 open positions
  • 112Viewed
  • 0In Consideration
  • 0Not Selected
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Job Details

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Job Description

Prime Rock is expanding to the Middle East by starting a new entity in Egypt and is seeking Petroleum Engineers to join a fast-growing start-up raising $50M to invest in U.S. oil and gas.

POSITION OVERVIEW

The Petroleum Engineer will work as a member of the new entity’s core investment team providing vital technical analysis and engineering expertise for the team’s contemplated acquisitions.

Job Responsibilities:

  • Perform comprehensive analyses of our targeted oil and gas reservoirs, including full geological review, decline curve analysis and operator analysis among others.
  • Perform reservoir evaluation studies and calculate estimated EUR based on logging data, production history, and other techniques.
  • Provide support and analysis on a deal by deal basis including analysis of existing wells, well spacing trends, off-take analysis, research permit activity and other offset activity that would impact our investment.
  • Team up with Data scientist/Machine Learning Engineer to build and evaluate integrated predictive and decision models to be deployed in deals evaluation systems, or for research.
  • Develop technical presentations to support investor relations and fundraising.
  • Participate in committee, investor and fundraising meetings as needed to offer technical support.

Job Requirements

Qualifications

Minimum Requirements:

  • Fluent in English
  • BSc degree in petroleum engineering with 1 – 5 years of experience in petroleum/reservoir engineering and reserve estimation.
  • Advanced understanding of multistage fracturing for unconventional reservoirs.
  • Strong data analysis skills.
  • Entrepreneurial mindset, strong communication and collaborative skills.
  • Thinking out of the box and being comfortable working in “grey” space.
  • Egyptian / Egypt resident.

Successful Candidate:

  • MSc/PhD degree in petroleum engineering is preferred.
  • Experience in unconventional hydrocarbon plays (preferred, not required).
  • Broad knowledge in drilling, completions, and reservoir stimulation technologies.
  • Advanced knowledge in multistage hydraulic fracturing.
  • Knowledge in reservoir modelling/simulation.
  • Exposure to (or proficiency in) PENG software, such as PETREL, SAPHIR, GOHFER, IHS (Fekete) Harmony, ENERTIA, etc. and desire to continuously broaden skillsets.
  • Experience using petroleum economics software such as ARIES or PHDWin.
  • Background in Geographic Information Systems (GIS) application will be a plus.
  • Basic knowledge/minor degree in Finance will be a plus.
  • Ability to analyze large data sets and statistics to make conclusions.
  • Ability to effectively use the fundamental concepts, practices and procedures of petroleum engineering; continue development of technical expertise and knowledge through experience and application.
  • Creative thinker and problem solver with an aptitude for finding new ways to solve a problem.
  • Strong intellectual curiosity and interest to explore ways help us make better investment decisions.
  • Highly-motivated team player with a “whatever it takes

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