Petroleum Engineer Job at Vermilion Energy, Denver, CO

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  • Vermilion Energy
  • Denver, CO

Job Description

Meet Vermilion

We responsibly produce essential energy to support local and global needs while delivering long-term value to our people, shareholders, customers, partners and communities. Our people are fundamental to our success. As a global organization, Excellence , Trust , Respect and Responsibility are at the core of our vision and central to how we do business. Together, these core values create the foundation for our strong and collaborative culture.

We prioritize health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings.

The Opportunity

Vermilion Energy has an exciting opportunity within the US Business Unit, seeking a Petroleum Engineer. Based in our Denver, CO office, this role will report directly to the Team Lead, Asset Team and play a critical role of the US organization. This role will provide technical expertise in reservoir and production engineering as well as development planning and project management. The successful candidate will join a team that values its people and provides work with purpose.

What you will do
  • Primarily responsible for generating production forecasts and ensuring production meets the organizations targets;
  • Assist with budget planning, monthly/quarterly updates and assist with creating capital budget updates;
  • Support budget process by preparing and presenting economic metrics for drilling prospects, asset optimization and capital projects as well as completing lookback economics;
  • Support the year end reserve process by reviewing well performance, coordinating with geology on oil-in place and estimating operating expense and capital costs;
  • Support production optimization efforts of all wells and infrastructure, identifying and recommending opportunities to increase production, enhance well recoveries, reduce operating expenses and apply innovative and cost-effective optimization;
  • Work with production engineering and geology to review subsurface issues affecting well performance and identify areas for optimization;
  • Develop and maintain strong and positive relationships with operations team, and field staff through regular site visits;
  • Liaise with internal team members and external consultants to coordinate permit applications for planned drills
  • Frame and execute technical assessments of opportunities/projects
  • Ensure assigned projects have appropriate approvals and execution plans in place
  • Prepare and manage assigned project related budgets including generating cost estimates, economics, raising AFE's, and monthly budget tracking and accruals;
  • Ensure key milestones, stakeholders, resources, and decision makers are clearly identified for assigned projects to ensure completion on time and within budget
  • Actively track progress of assigned projects against the project plan and ensure adjustments are made as required
  • Conduct routine production surveillance of competitor's wells;
  • Lead or coordinate planning and execution of other special projects as required;
  • Participate in Vermilion's Health, Safety, and Environmental program and ensure that HSE standards and policies are being followed;
  • Other duties as may be required

What you will bring
  • Bachelor of Science in Petroleum or Reservoir Engineering
  • Typically 5-8 years experience within the Oil and Gas Industry
  • Experience with production forecasting, budget and Long Range Planning, project coordination, and economic analysis
  • Powder River Basin Experience Preferred
  • Proficient with Mosaic Asset Management software
  • Knowledge and understanding of COGEH guidelines for Estimation and Classification of Oil and Gas Resources and Reserves is an asset
  • Excellent working knowledge of industry regulations, standards and practices relevant to US operations
  • Able to deal with multiple tasks which may be regular or complex;
  • Experience in working with multidisciplined teams to drive projects from concept to completion
  • Technical proficiency in Microsoft suite (Excel, Word, PowerPoint)
  • Possesses the ability to work with all levels of the organization and to communicate HSE requirements in a positive manner to all field personnel

What we offer

  • Competitive base salary and bonus
  • The salary range offered for this role is $125,000 - $155,000. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job related education, training, and/or experience
  • A comprehensive benefit package that includes medical, dental and life insurance
  • Industry-competitive time off including vacation, flex days and office closures such as Friday afternoons during the summer
  • Opportunities to connect with others, including weekly company-provided breakfast
  • Competitive short-term and long-term incentive programs aimed to recognize and reward
  • Company-sponsored volunteer opportunities and volunteer grants

Why you'll love working with us

  • We care for each other, the environment and the company, and aim to enrich the communities in which we live and work
  • We are recognized by Great Place to Work Institute® as a Best Workplace® in many of our locations around the globe
  • We embrace new solutions across the business, allow space for creativity, and invest in innovation and technology
  • We operate with honesty, transparency and fairness, and can be counted on to do what we say we will
  • We invest in our employees, providing meaningful work and opportunities for training and professional development
  • We are recognized as a leader in sustainability by independent ESG rating agencies
  • We are focused on the future: responsibly producing the oil and natural gas that is essential to energy security while exploring alternative energy options

Vermilion is committed to diversity and inclusion, and aims to create a healthy, accessible and rewarding work environment that highlights our employees' unique contributions to our company's success. As an equal opportunity employer, we welcome all applications to help us build a diverse workforce that reflects the communities in which we live and work.

Outstanding People. Outstanding Opportunities.

Job Tags

Temporary work, Summer work, Local area, Flexible hours,

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