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Asset Engineer Jobs in Colorado (NOW HIRING)

Description The Asset Reservoir Engineer will be responsible for leading asset development planning and performing reservoir engineering analysis to support Fervo Energy's geothermal development ...

Fixed Asset Manager

Boulder, CO ยท On-site

$66.50 - $77/hr

We are looking for a Fixed Asset Manager to join a Hi Tech Engineering organization on a Contract basis in Boulder, Colorado. This position focuses on overseeing asset accounting for major capital ...

What The Role Is Reporting to the Senior Manager, Asset Management, the Manager, Asset Management ... Bachelor's degree in Engineering, Finance, Business, Economics, or related field. * Strong business ...

Manager, Asset Management

Denver, CO ยท On-site

$120K - $160K/yr

Bachelor's degree in Engineering, Finance, Business, Economics, or related field. * Strong business ... assets, and over 2.5 GW of conventional dispatchable power generation providing critical grid ...

Senior Asset Manager

Denver, CO ยท On-site

$150K - $170K/yr

Bachelor's degree in Engineering, Finance, Business Administration, or a related field . What We ... Asset Manager.docx Why You'll Want to Stay With Us At Lightsource bp, you'll work within agile ...

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Showing results 1-20

Asset Engineer information

See Colorado salary details

$38.9K

$91.7K

$143.5K

How much do asset engineer jobs pay per year?

As of Aug 31, 2026, the average yearly pay for asset engineer in Colorado is $91,713.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,400.00 and $102,500.00 per year, depending on experience, location, and employer.

What is an asset engineer?

Asset Engineers are professionals responsible for managing, maintaining, and optimizing physical assets such as infrastructure, equipment, or facilities. They ensure that these assets operate efficiently and reliably throughout their lifecycle by planning maintenance, assessing performance, and recommending upgrades or replacements. Asset Engineers often work in industries like transportation, utilities, manufacturing, and construction, where they play a key role in minimizing downtime and maximizing return on investment.

What are the key skills and qualifications needed to thrive as an asset engineer?

To thrive as an Asset Engineer, you need a solid background in engineering principles, asset management, and data analysis, typically supported by a relevant engineering degree. Familiarity with asset management software such as IBM Maximo or SAP, and certifications like IAM (Institute of Asset Management) are commonly required. Strong problem-solving skills, attention to detail, and effective communication help Asset Engineers excel at optimizing asset performance and collaborating across teams. These competencies are critical for ensuring asset reliability, maximizing operational efficiency, and minimizing lifecycle costs.

How does an asset engineer typically collaborate with other departments to optimize asset performance?

Asset Engineers work closely with operations, maintenance, and reliability teams to ensure that assets such as machinery, infrastructure, or equipment are performing efficiently and safely. They often participate in cross-functional meetings to analyze data, address potential risks, and develop maintenance strategies. Effective communication and teamwork are crucial, as Asset Engineers frequently translate technical findings into actionable plans for non-engineering staff and help prioritize asset investments based on business needs.

What is the difference between Asset Engineer vs Maintenance Engineer?

AspectAsset EngineerMaintenance Engineer
CredentialsBachelor's in engineering or related field, certifications like PMP or asset management certificationsBachelor's in engineering, technical diploma, certifications in maintenance or equipment repair
Work EnvironmentProject sites, asset management offices, industrial facilitiesManufacturing plants, industrial facilities, equipment repair workshops
Industry UsageOil & gas, utilities, manufacturing, infrastructureManufacturing, facilities management, industrial sectors
Primary FocusManaging and optimizing physical assets throughout their lifecycleMaintaining and repairing equipment to ensure operational efficiency

While both roles involve working with industrial assets, Asset Engineers focus on asset management, lifecycle optimization, and strategic planning. Maintenance Engineers concentrate on equipment repair, troubleshooting, and ensuring machinery operates efficiently. Understanding these differences helps employers and professionals identify the right role for specific operational needs.

What does an asset engineer do?

An asset engineer is responsible for managing and maintaining physical assets such as equipment, infrastructure, or facilities within an organization. They analyze asset performance, ensure safety and compliance, and optimize asset lifecycle and reliability, often using tools like maintenance management systems. The role typically requires technical knowledge, problem-solving skills, and relevant certifications or experience in engineering or asset management.
Infographic showing various Asset Engineer job openings in Colorado as of August 2026, with employment types broken down into 88% Full Time, 9% Part Time, and 3% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $91,713 per year, or $44.1 per hour.

Asset Reservoir Engineer

Stanford Climate Ventures

Golden, CO โ€ข On-site

$140 - $200/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

This job post hasย expired today.ย Applications are no longer accepted.


Job description

Description

The Asset Reservoir Engineer will be responsible for leading asset development planning and performing reservoir engineering analysis to support Fervo Energyโ€™s geothermal development activities. This position will play a key role in shaping the development strategy, reservoir management, and improving capital efficiency across Fervoโ€™s growing project portfolio. Responsibilities include collaborating with cross-functional teams to develop and refine asset development plans, economic evaluation, analytical and numerical modeling to support development decisions, production forecasting, and reservoir management. The Asset Reservoir Engineer will design and implement well testing, reservoir monitoring, and other data acquisition programs to support development decisions and continuously improve Fervoโ€™s asset development plan. This position will report to the Asset Reservoir Engineering Lead in the Geoblock Factory.

Requirements Responsibilities Project Management
  • Prepare recommendations based on comprehensive technical evaluation
  • Coordinate and support cross-functional teams to generate and refine development plans
  • Evaluate economics of asset plans and development scenarios
  • Collaborate with subsurface and engineering teams to plan data acquisition programs to support development decisions
Data Analysis & Interpretation
  • Interpret stimulation data (e.g., step-down tests and ISIPs) to inform completion design recommendations
  • Analyze production and injection data, pressure transient data, rate-transient data, diagnostic fracture injection test (DFIT) data, and tracers
  • Conduct uncertainty quantification studies for reservoir field diagnostic tests and well performance
Field Operations Support
  • Use reservoir simulation and field data to support operational decisions
  • Develop and implement data acquisition and well testing, including 2-phase flow, programs for Fervo field projects; develop well testing procedures and analyze field data
  • Support pad facilities and power plant design decisions based on well performance and forecasts
Reservoir Simulation & Forecasting
  • Perform model sensitivity analysis and optimization studies, driving well enhancements for future development
  • Develop production forecasts to evaluate various reservoir management strategies and development plans
  • History match geothermal reservoir simulation models based on field-wide stimulation and production data
  • Participate in industry meetings and conferences
Qualifications Required
  • Bachelorโ€™s degree (or higher) in engineering
  • 6+ years of engineering experience in the oil and gas or geothermal industries
  • 1+ years of field experience in oil and gas, geothermal, or similar operations
  • Experience in project management and asset development planning for oil and gas or geothermal developments
  • Experience applying economic models to support asset development decisions
  • Experience in production forecasting and probabilistic analysis
  • Experience in hydraulic fracturing, well stimulation techniques in unconventional oil and gas
  • Experience running commercial reservoir simulation software including ResFrac, Eclipse, CMG, Tough2, IX, or TETRAD
  • Experience running commercial or research hydraulic fracture simulation software, including GOHFER, Kinetix, ResFrac, StimPlan, or FrackOptima
  • Knowledge of geomechanics and thermodynamics
  • Experience in data analytics with Spotfire or Power BI
  • Willing to travel up to 15% for fieldwork and occasional visits to other Fervo offices
Preferred
  • Experience in Python programming for data analysis
  • Experience in reservoir data acquisition including tracers, PTA/RTA, waterflood/CO2/Steamflood pattern analysis
  • Experience in hydraulic fracturing data analysis
  • Experience running and interpretating flowing/static pressure/temperature surveys
  • Experience interpreting and modelling tracer results
  • Experience with geothermal wellbore interventions such as thermal stimulation, acid stimulation, coil tubing and air lift.
  • Monitoring pressure-transient responses in saturated and 2-phase geothermal reservoirs
  • Diagnose reservoir issues such as permeability zones behind casing, cold water infiltration, steam zones, reduced near wellbore permeability, scaling
Location

Preferred location is Golden, CO. Fervo Energy is headquartered in Houston, TX with growing offices in Golden, Oakland, Reno, and Salt Lake City. This position will be eligible for some hybrid work flexibility, but regular in-office presence at the Golden office location is required. Occasional travel will be required for this position.

Compensation & Benefits
  • Medical
  • Dental
  • Vision
  • Life
  • Short-term and long-term disability
  • Flexible paid time off
  • Paid parental leaveIncentive stock options program
  • Bonus incentive program
  • 401(k) plan with an employer match

Fervo Energy is providing the compensation range and general description of other compensation and benefits that the company in good faith believes it might pay and/or offer for this position based on the successful applicantโ€™s education, experience, knowledge, skills, and abilities in addition to internal equity and geographic location. Expected Salary: $140,000-$200,000 based on Colorado locality, pay in other locations may vary.

Fervo Energy reserves the right to ultimately pay more or less than the posted range and offer other compensation, depending on circumstances not related to an applicantโ€™s sex or other status protected by local, state, or federal law.

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