Wells Cost Controller

As a Wells Cost Controller, you will work closely with the Wells, Subsurface, Operations and Finance teams to provide robust cost management, forecasting and reporting for drilling, sidetrack, well intervention and P&A activities. You will play a key role in supporting project delivery within approved budgets while providing management with accurate and timely financial insights throughout the lifecycle of the wells portfolio.

Tenaz Energy Netherlands is seeking an experienced Wells Cost Controller to support our drilling, well intervention and P&A activities in the Dutch North Sea.

• Provide objective, accurate and reliable cost estimates, forecasts and risk assessments for drilling, sidetrack, well intervention and P&A activities.
• Develop and maintain cost tracking structures, Work Breakdown Structures (WBS) and reporting frameworks for well projects.
• Prepare and maintain daily drilling cost trackers, monitoring rig spread costs, vessel costs, logistics, well services and contractor spend against approved AFEs and budgets, identifying variances, risks and forecast impacts.
• Support preparation, review and challenge of drilling cost estimates throughout project maturation and execution.
• Track commitments, actual costs and forecast at completion to identify cost deviations and opportunities.
• Collaborate with Wells Engineers, Project Managers, Drilling Supervisors and Supply Chain teams to ensure financial visibility and cost discipline.
• Prepare monthly cost reports, management dashboards and variance analyses for project stakeholders and senior management.
• Provide guidance regarding invoice coding, purchase requisitions, purchase orders and project accounting structures.
• Support period‑end close activities, including accruals, cost allocations and financial reporting requirements.
• Analyze contractor, rig, vessel and service company costs to identify trends and potential savings opportunities.
• Support joint venture and partner cost reporting requirements where applicable.
• Work closely with Accounting and Reporting team to ensure appropriate capitalization of drilling and development expenditures in accordance with IFRS and company policies.
• Support ad‑hoc financial analyses, project reviews and management requests.

• Strong understanding of project cost control, cost engineering and forecasting methodologies.
• Extensive experience supporting drilling, wells, intervention, completion, workover or P&A projects.
• Strong analytical capabilities with demonstrated ability to manage large project budgets and complex cost structures.
• Knowledge of AFE development, cost tracking, commitment management and forecast‑at‑completion methodologies.
• Knowledge of offshore drilling operations, rig contracts, marine spread costs and well services is highly desirable.
• Engineering, Finance, Economics or related degree, or equivalent relevant industry experience.
• Minimum 8–10 years of experience in upstream oil and gas cost control roles, preferably supporting wells and project activities.
• Experience working within North Sea operations and projects is strongly preferred.
• Advanced knowledge of SAP, Microsoft Excel and Power BI reporting tools.
• Strong understanding of CAPEX, ABEX and project accounting principles.
• Ability to communicate effectively with technical and non-technical stakeholders.
• Excellent verbal and written communication skills in English;
  Dutch language skills are an advantage.
• Self‑starter with the ability to work in a dynamic project environment and manage multiple priorities simultaneously.