Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
We strive to make a significant difference in the communities where we live and operate. We create an inclusive environment that values all voices and opinions. Together, the different backgrounds, experiences, ideas, and perspectives of our employees drive our success.
Permian Operated by Others (OBO)
The company’s competitive portfolio includes assets operated by others in both Midland and Delaware Basin. Through partnerships with leading operators in the Permian, ConocoPhillips has a high-quality opportunity set that provides program flexibility and optionality. The OBO position is a strategic complement to the company’s operated position with ongoing acreage trades and business development transactions to manage risk and improve overall value of all Delaware and Midland basin assets.
In 2022, the company participated in 382 new gross drilled wells operated by others with an average working interest of 21%. The OBO position includes over 4,600 gross non-operated producing wells. Net production in 2022 averaged 192 MBOED.
Click here (https://www.conocophillips.com/spiritnow/story/desert-delight-living-and-working-in-midland/) to learn more about Living and Working in Midland.
If you are selected as the OBO Reservoir Engineer , you will provide comprehensive oversight of the Delaware Basin OBO program and drive process and tool optimization. You may be eligible for the voluntary hybrid office work (HOW) program that is designed to provide employees with flexibility while maintaining the advantages of in-person engagement.
Responsibilities may include:
Develop OBO capital/production monthly forecasts for financial outlooks and Long-Range Plans
Perform sophisticated technical and economic analysis of OBO ballots and well AFEs to optimize and evaluate feasibility of future projects, including considerations for capital, expense, and incremental economics
Estimate OBO resource/reserves, and support RCAT reviews (DRTS resources, PDPs, PUDs)
Collaborate across multiple Corporate and BU functions including Land, Commercial, Business Development, Regulatory, HSE, and Asset Development teams
Support development and implementation of OBO data analytics tools
Work closely with Geologists and asset teams to share and use knowledge and strategic opportunities to improve understanding of well and reservoir performance, as well as creating synergies with operated acreage
Must be legally authorized to work in the United States on a full-time basis for anyone other than current employer
Bachelor's degree or higher in Petroleum Engineering, other related engineering field, or foreign equivalent
5+ years of experience in exploration and/or development positions in the upstream oil and gas industry
Intermediate level of proficiency with various industry databases and software applications (Spotfire, Aries, ValNav, Mosaic, OFM, ArcPro, Harmony, DSO, Enersight, Generwell, Wellview)
Intermediate level of proficiency understanding of DCA techniques and fluid flow regime classification
Intermediate knowledge of subsurface project management, project economics, and portfolio management
Intermediate level of experience in unconventional assets and understanding of hydraulic fracturing and well communication
Intermediate level of experience evaluating acquisitions, divestitures, and acreage trades
Demonstration of strong social skills supporting ability to work with multiple individuals with concurrent project requirements/deadlines
Ability to work efficiently within multi-functional teams both internally and with OBO partners
Ability to establish networks and relationships with multiple functions outside of immediate area of expertise
Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what is right
Delivers positive results through realistic planning to accomplish goals
Builds effective solutions based on available information and makes timely decisions that are safe and ethical
October 2, 2023
ConocoPhillips’ sponsorship for employment authorization in the U.S. is NOT available for this position.
In the US, ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other legally protected status.