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Job Description & How to Apply Below
Parex Resources is a publicly-traded exploration and production company. With its headquarters in Calgary, Canada, and its operations in Colombia, the company has a 15-year history of delivering shareholder value. Highly profitable, the company possesses a strong balance sheet and is extremely well positioned to continue growing organically.
We offer a robust Total Rewards package for all of our employees, to ensure that we continue to attract and retain top talent. Be part of an exciting and growing team that is transformative, driven to exceed expectations, and keeps pace with the ever-changing global industry.
Learn more about our company and culture at:
How do you fit in? The Reservoir/Petroleum Engineer plays a key technical role supporting Parex’s operated assets across Colombia, contributing to the company’s growth and operational excellence. This position is responsible for reservoir and production engineering analysis, forecasting, field development planning, and the evaluation of enhanced oil recovery (EOR) and emerging technologies. The role provides exposure to a diverse portfolio of reservoirs and operating environments across multiple basins.
What you will do:
Review relevant analogue data to identify and quantify potential value-creation opportunities across existing assets.
Provide reservoir engineering support for Parex’s operated fields across the full asset portfolio.
Prepare and deliver technical analyses and presentations to internal stakeholders and partners to support budget approvals and ensure alignment with operational and production targets.
Perform detailed reservoir engineering analyses of pressure and production data, including data compilation, quality control, and effective data management.
Participate in reservoir engineering studies, including reservoir simulation, production characterization, and EOR screening and scoping.
Provide production engineering support to monitor, evaluate, and optimize well and field performance.
Conduct regular well and field performance reviews to identify trends, risks, optimization opportunities, and development potential.
Develop and maintain a strong understanding of reservoir characteristics, rock and fluid properties, drilling and completion techniques, production practices, facilities requirements, testing programs, and project economics.
Generate robust short-, medium-, and long-term production forecasts to support corporate planning and decision-making.
Evaluate, pilot, and support the implementation of EOR methods and new technologies.
Provide reservoir engineering input into drilling, completion, and workover proposals, if needed.
Collaborate closely within multi-disciplinary teams to deliver base business objectives and identify continuous improvement opportunities.
What you must have:
Minimum of Bachelor of Science in Reservoir or Petroleum Engineering.
Minimum of 8 years of progressive technical oil and gas experience within an exploration and production company.
Understanding of reservoir engineering basics, with good knowledge of reservoir drive mechanisms and different recovery methods.
Working knowledge of PTA/RTA, PVT and phase behaviour, and SCAL/RCAL is useful; advanced expertise in these areas is an asset.
Previous experience in conventional reservoirs or conventional heavy oil reservoirs is a plus.
Familiarity with industry-standard software, with experience in CMG and Schlumberger’s INTERSECT, are considered strong assets.
Previous international work experience is an asset.
Experience across both major and intermediate operating companies is preferred.
Working knowledge of geology, operations, production, wellbores, pipelines and facilities.
Strong aptitude for working with computers/database systems, with the ability to learn…
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