Reserves Specialist

Job description / Role

Aramco energizes the world economy.

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco's value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations' spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom's vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking a Reserves Specialist to join Aramco'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.

Key Responsibilities
- Lead and guide work processes for the Reserves Division, which liaising with a wide array of internal stakeholders.
- Apply industry recognized reserves definitions and guidelines, and defend decisions related to reserves.
- Monitor daily exploration, delineation/extension, and development drilling activity as it impacts reserves.
- Select key reservoir intervals for testing and assist in planning and interpreting test results.
- Apply 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.
- Review geologic interpretation and mapping, including: rock typing and facies characterization, reservoir communication, seismic application, sequence stratigraphy, etc.
- Participate in integrated reservoir studies and quality check reservoir simulation results (history match validation, production constraints, technical assessment of forecast results, etc.)
- PEER review 3D static and dynamic modelling in particular its fitness for purpose.
- Understand commerciality assessment (discounted cash flows, net present value, internal rate of return, forecasting prices/capex/opex, etc.)
- Develop less experienced staff through designing, implementing and overseeing professional development programs.
- Represent Aramco in external technical conferences, symposiums, and forums.

Requirements

Minimum Requirements
- Bachelor's degree in Petroleum Engineering or related disciplines. While a M.Sc. or Ph.D. is desirable, additional exposure/training in business, economics or finance, is also beneficial.
- 15 years of experience gained through working for reputable oil and gas consulting and/or E&P companies in reserves related roles.
- Extensive experience in reserves estimation (both deterministic and probabilistic), resource evaluation, classification and reporting (e.g. PRMS, SEC, etc.), solid foundation in 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.

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world's biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.

About the Company

Saudi Aramco is an integrated global energy enterprise. The company markets and exports crude oil, petroleum products, natural gas liquids and sulfur. It also ships crude oil worldwide through an affiliated company and participates in petroleum refining and marketing activities at home and abroad. Its overseas affiliates are in the United States, Egypt, the Philippines, the Republic of Korea and Japan.

Saudi Aramco's subsidiaries span the globe, with offices in Houston, Washington, New York, London, Leiden, Dubai, Singapore, Beijing, Hong Kong, Tokyo and Seoul.