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Contract Upstream Oil & Gas Jobs (NOW HIRING)

The Assistant Controller will work closely with the Energy Practice leader to develop tools, systems, and processes for Oil & Gas Upstream accounting clients. The Assistant Controller will help ...

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LHH Recruitment Solutions is seeking a highly skilled and experienced Remote Contract Oil & Gas Attorney to join our confidential client's legal team. This role is perfect for a dedicated legal ...

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Contract Upstream Oil Gas information

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$41K

$106K

$139K

How much do contract upstream oil & gas jobs pay per year?

As of Aug 7, 2026, the average yearly pay for contract upstream oil & gas in the United States is $106,034.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,000.00 and $119,000.00 per year, depending on experience, location, and employer.

What is the difference between Contract Upstream Oil & Gas vs Contract Downstream Oil & Gas?

AspectContract Upstream Oil & GasContract Downstream Oil & Gas
Primary FocusExploration, drilling, and production of crude oil and natural gasRefining, distribution, and marketing of petroleum products
Work EnvironmentOffshore platforms, drilling sites, exploration areasRefineries, distribution centers, retail outlets
Required CertificationsGeology, engineering, safety training, industry-specific certificationsProcess engineering, safety, and environmental certifications
Industry UsageUsed by companies involved in resource extractionUsed by companies involved in product processing and sales

Contract Upstream Oil & Gas focuses on resource exploration and extraction, while Contract Downstream Oil & Gas centers on refining and selling petroleum products. Both roles require industry-specific skills and certifications but differ significantly in work environment and primary responsibilities.

What skills and qualifications are needed to thrive as a contract upstream oil & gas professional?

To thrive as a Contract Upstream Oil & Gas professional, you need expertise in contract management, negotiation, and a solid understanding of exploration and production operations, typically supported by a degree in law, engineering, or business. Familiarity with industry-specific contract management systems, legal databases, and compliance software is essential. Strong analytical thinking, attention to detail, and effective communication help ensure successful negotiations and stakeholder relationships. These skills and qualities are critical for minimizing risk, maximizing value, and ensuring regulatory compliance in complex, high-value projects.

What are the typical challenges faced by contract upstream oil & gas professionals when managing multiple projects simultaneously?

Professionals in Contract Upstream Oil & Gas roles often juggle several projects at once, which can present challenges such as balancing shifting priorities, coordinating with multidisciplinary teams, and ensuring compliance with strict safety and regulatory standards. Effective time management and clear communication are essential, as project timelines and budgets can be impacted by unexpected changes in market conditions or operational issues. Developing strong organizational skills and maintaining proactive stakeholder engagement help mitigate these challenges, ensuring projects stay on track and meet contractual obligations.

What is a contract upstream oil & gas professional?

Contract Upstream Oil & Gas jobs involve temporary or project-based roles in the exploration and production sector of the oil and gas industry. These roles can include positions such as drilling engineers, geologists, project managers, and rig operators who are hired to work on specific projects or for a defined period. Contract workers are often brought in to provide specialized expertise or to meet increased workforce demands during busy periods. The upstream sector focuses on locating, drilling, and extracting oil and natural gas from the earth. Working on a contract basis offers flexibility and opportunities to gain diverse experience across different projects and companies.
More about Contract Upstream Oil Gas jobs
What cities are hiring for Contract Upstream Oil & Gas jobs? Cities with the most Contract Upstream Oil & Gas job openings:
What are the most commonly searched types of Upstream Oil & Gas jobs? The most popular types of Upstream Oil & Gas jobs are:
What states have the most Contract Upstream Oil & Gas jobs? States with the most job openings for Contract Upstream Oil & Gas jobs include:
Infographic showing various Contract Upstream Oil & Gas job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, 2% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $106,034 per year, or $51 per hour.

Sr. Manager - Upstream Accounting

Energy transfer

Dallas, TX • On-site

Full-time

Retirement, PTO

Posted 22 days ago


Energy Transfer rating

9.0

Company rating: 9.0 out of 10

Based on 64 frontline employees who took The Breakroom Quiz

3rd of 86 rated oil and gas companies


Job description

Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America's energy. We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children's Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.
We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.
Come join our award winning 12,000 strong organization as we fuel the world and each other!
Summary:
Energy Transfer is seeking a highly experienced Senior Manager to lead key accounting functions within our Crude Marketing Services division. This critical leadership role oversees Joint Interest Billing (JIB), Revenue Accounting, and related financial processes for our E&P operations. The ideal candidate will bring deep technical expertise in upstream oil & gas accounting, strong SAP proficiency, and proven leadership in managing complex, multi-well and multi-owner environments. This position plays a pivotal role in ensuring accurate, timely, and compliant financial reporting while driving process improvements and supporting strategic business decisions.
Essential Duties and Responsibilities:
  • Lead Joint Interest Billing (JIB) Operations: Oversee the preparation, review, and distribution of JIBs for operated and non-operated properties. Ensure accurate allocation of capital and operating expenses, joint interest reconciliations, and resolution of billing disputes with partners.
  • Manage Revenue Accounting: Direct month-end revenue processes including production volume reconciliation, revenue accrual and actualization, severance tax calculations, royalty payments, and revenue distribution to working interest owners and royalty owners.
  • SAP System Expertise & Optimization: Serve as a key SAP user and subject matter expert (primarily in modules such as JVA - Joint Venture Accounting, PRA - Production Revenue Accounting, and FI/CO). Drive system enhancements, configuration improvements, and integration projects to streamline upstream accounting workflows.
  • Team Leadership & Development: Manage, mentor, and develop a team of accounting professionals (senior accountants, analysts, and specialists). Foster a culture of continuous improvement, technical excellence, and cross-functional collaboration.
  • Financial Reporting & Analysis: Prepare and analyze upstream financial reports, variance analysis, and ad-hoc reports for management and external stakeholders. Support quarterly/annual financial close processes and audit requirements.
  • Compliance & Controls: Ensure adherence to SOX controls, GAAP, SEC reporting requirements, and industry-specific regulations (e.g., revenue recognition under ASC 606). Maintain strong internal controls over financial reporting for JIB and revenue activities.
  • Process Improvement & Projects: Identify and lead initiatives to automate processes, reduce cycle times, and improve data accuracy. Participate in system implementations, upgrades, or ERP-related projects.
  • Stakeholder Management: Collaborate effectively with Operations, Land, Marketing, Joint Interest partners, and external auditors. Resolve complex accounting issues and provide strategic guidance on joint venture agreements and revenue contracts.

Requirements:
Education and/or Experience, Knowledge, Skills & Abilities:
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
  • Education: Bachelor's degree in accounting, finance, or related field required. CPA, CMA, or other relevant certifications are strongly preferred.
  • Experience:
    • 10+ years of progressive accounting experience in the upstream oil & gas industry.
    • Minimum 5 years at a supervisory or manager level.
    • Significant hands-on experience with Joint Interest Billing (JIB) and Joint Venture Accounting.
    • Strong Revenue Accounting background, including production revenue, royalties, and tax reporting.
    • SAP experience (JVA, PRA, FI/CO)
  • Proven track record managing month-end, quarter-end, and year-end close processes in a fast-paced E&P environment.
  • Experience with complex joint venture agreements, AFE management, and partner settlements.

Required Skills & Competencies
  • Deep technical knowledge of upstream accounting principles, including successful efforts vs. full cost methods.
  • Advanced proficiency in Microsoft Excel and data analytics tools.
  • Strong leadership, communication, and interpersonal skills with the ability to influence cross-functional teams and senior management.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Ability to thrive in a dynamic environment with tight deadlines and shifting priorities.
  • Experience with additional systems (e.g., P2, Quorum, or other E&P software) is a plus.

Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
  • Usually, normal office working conditions.
  • Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
  • Occasional overnight travel may be required.

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