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Reservoir Modeling Jobs (NOW HIRING)

Alaska-Santos

Senior Geoscientist

Anchorage, AK · On-site

Advance reservoir understanding through seismic mapping, well log correlation, and general subsurface data integration * Assist reservoir modelers to integrate new data and interpretation into the ...

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How much do reservoir modeling jobs pay per year?

As of Jul 16, 2026, the average yearly pay for reservoir modeling in the United States is $123,968.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,000.00 and $146,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Reservoir Modeler, and why are they important?

To thrive as a Reservoir Modeler, you need a solid background in geology, petroleum engineering, or related fields, often supported by a relevant degree and experience with reservoir characterization. Expertise in technical tools such as reservoir simulation software (e.g., Eclipse, Petrel), data analysis, and possibly certifications like SPE are typically required. Strong analytical thinking, problem-solving abilities, and effective teamwork and communication skills set outstanding professionals apart in this field. These competencies are vital for accurately predicting reservoir behavior, optimizing hydrocarbon recovery, and ensuring effective collaboration with multidisciplinary teams.

What is reservoir modeling?

Reservoir modeling is the process of creating a digital representation of a subsurface reservoir, typically for oil, gas, or groundwater. It involves integrating geological, geophysical, petrophysical, and engineering data to simulate the structure, properties, and behavior of the reservoir. This helps engineers and geologists predict how fluids will move through the reservoir and optimize extraction strategies. Reservoir modeling is crucial for making informed decisions about field development and management.

What are the typical challenges faced by professionals in reservoir modeling, and how can they be addressed?

Reservoir modeling professionals often encounter challenges such as integrating diverse datasets, managing uncertainty in subsurface properties, and ensuring model accuracy for decision-making. Addressing these challenges requires strong collaboration with geologists, petrophysicists, and engineers to validate assumptions and refine models. Utilizing advanced software tools, staying updated on industry best practices, and engaging in regular data reviews can help mitigate errors and improve predictive capabilities. Continuous learning and open communication within multidisciplinary teams are key to overcoming these common hurdles.
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Reservoir Modeling jobs near you

Sr. Reservoir-Corporate Planning Engineer

TGNR HOLDCO LLC

Houston, TX • On-site

Full-time

Posted 18 days ago

Job description

Description:

Position Summary

The Senior Reservoir Corporate Planning Engineer is responsible for integrating reservoir engineering expertise into corporate planning, forecasting, and strategic decision-making processes. This role supports asset valuation, reserves estimation, production forecasting, short and long-term development planning across the company’s portfolio, ensuring alignment with corporate objectives and financial targets.


Key Responsibilities

Corporate Planning & Strategy

  • Lead development of short-, medium-, and long-term production forecasts across operated and non-operated assets
  • Support corporate business planning cycles (BP, LRPs, budgets, re-forecasts)
  • Provide technical inputs to corporate strategy, portfolio optimization, and capital allocation decisions
  • Evaluate growth opportunities, acquisitions, and divestitures from a reservoir perspective
  • Evaluate and sensitize development schedules to ensure operationally executable and minimize or mitigate operational risk
  • Lead inventory scheduling and drive success of asset teams development program.

Reservoir Engineering & Forecasting

  • Generate and validate decline curve analysis (DCA), type curves, and simulation-based forecasts
  • Integrate subsurface, drilling, and facilities data into field-wide production models
  • Ensure consistency and quality control across asset forecasts
  • Support uncertainty analysis and probabilistic forecasting (P10/P50/P90)

Reserves & Resource Management

  • Contribute to reserves estimation and reporting (SEC, PRMS)
  • Work closely with reserves auditors and internal teams to ensure compliance

Economic Evaluation

  • Perform economic analysis, including NPV, IRR, breakeven pricing, and sensitivities
  • Assess capital efficiency and project ranking to guide investment decisions
  • Collaborate with finance teams on cash flow projections and valuation models

Cross-Functional Integration

Collaborate with:

  • Asset team (Land, Geology, Drilling, Completions & Production)
  • Finance & commercial groups
  • Corporate strategy and leadership
  • Ensure alignment between technical evaluations and financial outcomes

Data Management & Reporting

  • Maintain high-quality data for corporate planning tools and dashboards
  • Prepare reports, sensitivities and presentations for executive leadership
  • Support digital initiatives and automation in forecasting workflows and dashboards


Requirements:

Qualifications· ARIES proficiency required· Spotfire and/or Power BI proficiency required· Enersight or Planning tool proficiency preferred· Execute – Ops Schedulers experience preferred· SQL experience preferred· A minimum of 5+ years of Reservoir Engineering experience with a demonstrated focus on reserves, corporate planning, and acquisition analysis· Bachelor’s degree required, preferably in Petroleum Engineering

  • High proficiency in Microsoft applications (such as Word, Excel, PowerPoint and Outlook).
  • Excellent written and verbal communication skills.
  • Excellent interpersonal skills, including the ability to work as part of a team.

Working Conditions and Physical Requirements• Job is classified as light physical work in an office setting involving sitting, with intermittent periods of stooping, walking, and standing.• Occasionally may be required to lift, carry, push, or pull 10-25 pounds.

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