Reservoir Engineer

At CFOL, Reservoir Engineers play a key role in ensuring that all oil and gas properties (operated and non-operated) are efficiently developed and produced for maximum profitability. More specifically, an Engineer may be responsible for performing the following functions:

• Prepare reserve estimates, production forecasts, and other engineering analysis/evaluation or models as required.
  
• Provide recommendations on exploration, development, work overs, property sales, acquisitions, and abandonment projects.
  
• Coordinate reservoir activities with the department manager and other department staff.
  
• Work with other departments to ensure processes are efficient and meeting internal standards.
  
• Assist in the development of, implement, and optimally utilize the reservoir management portions of the business plan and budget.
  
• Continually monitor actual well performance compared to the forecast and report on changes. Recommend remedial action if required.
  
• Develop and maintain an accurate and current reservoir engineering database.
  
• Keep informed of industry activity and communicate this activity to others in the organization as required.
  
• Maintain a high degree of technical excellence within the required skills in order to ensure that the best and most cost-effective technical ideas and methods are being used.
  

Reservoir Engineers generally require a Bachelor’s degree in Engineering and experience in exploration, development, and production has been considered an asset. Engineers must also be skilled in achieving results, analysis, problem solving, decision-making, planning, organizing, and building relationships.

An Engineer in this role works closely with other team members in the office. Depending on the position, an Engineer may be required to be on-call or attend to emergencies that occur outside of regular office hours.