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Upstream Engineering Jobs in Texas (NOW HIRING)

Job Summary for SAP Upstream Finance Consultant - Specialize in the upstream finance workstream ... co-engineering opportunities, and work with SAP product/support teams. - Support SAP/client ...

Five (5) to eight (8) years of experience in Oil & Gas Midstream or Upstream engineering and operations Crescent Energy is an equal opportunity employer. All qualified applicants will be considered ...

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Five (5) to eight (8) years of experience in Oil & Gas Midstream or Upstream engineering and operations Crescent Energy is an equal opportunity employer. All qualified applicants will be considered ...

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Upstream Engineering information

What is upstream engineering?

Upstream engineering refers to the branch of engineering focused on the exploration and production of oil and natural gas. It involves locating oil and gas reserves, drilling wells, and designing the extraction processes needed to bring these resources to the surface. Upstream engineers work with geologists, drillers, and other professionals to ensure efficient and safe operations. This field is critical to the energy industry and requires expertise in geology, reservoir engineering, and drilling technologies.

What are the key skills and qualifications needed to thrive as an upstream engineer, and why are they important?

To thrive as an Upstream Engineer, you need a solid background in petroleum engineering, geoscience, or a related field, often supported by a relevant degree and industry certifications. Familiarity with reservoir modeling software, drilling technologies, and data analysis tools such as Petrel, Eclipse, or Python is typically required. Strong problem-solving skills, teamwork, and effective communication are essential soft skills in this role. These competencies are vital for optimizing resource extraction, ensuring operational safety, and maximizing project efficiency in the oil and gas industry.

What are some common challenges faced by upstream engineers when working on oil and gas exploration projects?

Upstream engineers often encounter challenges such as unpredictable geological formations, fluctuating commodity prices, and logistical complexities in remote locations. They must collaborate closely with geologists, drilling teams, and field personnel to adapt to changing conditions and ensure safe, efficient extraction. Managing project timelines while adhering to environmental and safety regulations is also a significant aspect of the role. Overcoming these challenges requires strong problem-solving skills, adaptability, and effective communication across multidisciplinary teams.

What is the difference between Upstream Engineering vs Reservoir Engineering?

AspectUpstream EngineeringReservoir Engineering
Required CredentialsBachelor's in Petroleum Engineering or related field; often requires professional engineering licenseBachelor's in Petroleum Engineering, Reservoir Engineering, or Geosciences; often requires similar certifications
Work EnvironmentField operations, drilling sites, and production facilitiesReservoir simulation labs, office-based analysis, and field data interpretation
Industry UsageExploration, drilling, and production of oil and gasReservoir performance analysis and recovery optimization

Upstream Engineering focuses on the exploration, drilling, and production of oil and gas, involving field operations and equipment. Reservoir Engineering specializes in analyzing subsurface reservoirs to maximize hydrocarbon recovery through simulation and modeling. While both roles require similar educational backgrounds and certifications, their work environments and primary responsibilities differ significantly.

What are common upstream engineering jobs?

Common upstream engineering jobs include roles such as reservoir engineers, drilling engineers, production engineers, and facilities engineers. These positions focus on exploration, drilling, extraction, and production of oil and gas, often requiring knowledge of geology, reservoir management, and the use of specialized software and tools.

What does an upstream engineer do?

An upstream engineer is responsible for exploring, developing, and producing oil and gas resources from underground reservoirs. They design and oversee drilling operations, manage reservoir performance, and ensure safety and efficiency using tools like seismic imaging and reservoir modeling. The role often requires technical skills, knowledge of industry regulations, and experience with specialized software.
Infographic showing various Upstream Engineering job openings in Texas as of August 2026, with employment types broken down into 78% Full Time, and 22% Contract. Highlights an 97% In-person, and 3% Hybrid job distribution.

Senior Accountant, Upstream

Caturus Management Services, LLC

Houston, TX • On-site

$70K - $88K/yr

Full-time

Posted 6 days ago


Job description

Senior Accountant, Upstream
Department: Accounting
Employment Type: Full Time
Location: US TX Houston - Corporate Office
Description
About Us:
The Caturus platform founded by Kimmeridge - an alternative asset manager focused on the energy sector - supports Kimmeridge's overarching goal of providing low-cost energy on demand with the lowest carbon footprint.
Kimmeridge's vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.
Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.
Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.
Job Description
Caturus Energy, LLC is seeking an experienced Senior, General Accounting who will be responsible for owning general ledger integrity and month-end close for the upstream (E&P) business unit and holding entities. This individual will assist in the accounting for complex oil and gas transactions -capital projects, and asset retirement obligations - into accurate, audit-ready financial results. The role partners closely with Land, Engineering, Operations, and Financial Reporting to ensure general ledger activity reflects the economics of upstream operations. The individual will report to the Assistant Controller at the Caturus corporate headquarters in Houston, TX.
Key Accountabilities:
  • Own end-to-end GL activity for upstream entities, including journal entry preparation, review, and approval for monthly, quarterly, and year-end close
  • Prepare and review detailed account analyses and balance sheet reconciliations
  • Analyze monthly operational and financial results against budget/AFE (authorization for expenditure), investigating and explaining variances tied to drilling, completion, and lease operating activity
  • Assist with preparation of DD&A (depreciation, depletion & amortization) calculations, successful-efforts accounting entries, capex and DD&A roll forwards and impairment support schedules
  • Support asset retirement obligation (ARO) accounting, including accretion, revisions, and settlement entries tied to well plugging and abandonment
  • Support lease accounting, including review of lease agreements for purposes of ASC 842 accounting
  • Responsible for key internal controls over financial reporting relevant to the close cycle including:
    • Prepare journal entries and account reconciliations, ensuring supporting documentation is complete and reconciling items are resolved within established thresholds
    • Execute monthly budget-to-actual (AFE) variance analysis controls, documenting explanations for variances above threshold and escalating unresolved items to the Assistant Controller
    • Maintain and evidence key controls over DD&A, ARO, and impairment support schedules, including preparer review of calculation inputs and roll-forward tie-outs to the sub-ledge
  • Support internal control over financial reporting documentation and testing efforts, including timely preparation of audit support schedules for internal and external audits
  • Support the development and documentation of accounting policies and procedures specific to upstream transactions
  • Assist with internal and external audit requests, including PBC schedules and supporting documentation
  • Identify and help implement process improvements and close-cycle optimizations, including ERP/system enhancements
  • Execute special projects and ad hoc analyses assigned by management, including support for acquisitions, divestitures, and structured finance transactions

Qualifications:
Education, Certificates, and Licenses:
  • Bachelor's degree in Accounting required
  • CPA license, or active pursuit of CPA license, preferred

Experience:
  • 3+ years of progressive accounting experience, including public accounting and/or corporate accounting within oil & gas upstream (E&P) industry
  • Understanding of upstream accounting pronouncements, ASC 606 revenue recognition, ASC 842 lease accounting, and general standards under successful efforts basis of accounting
  • Working knowledge of joint interest billing, AFEs, DD&A, ARO, and revenue/production accounting
  • Experience with an upstream-capable ERP systems (e.g. SAP) helpful Public accounting experience a plus

Knowledge, Skills, and Abilities:
  • Strong data analytical skills; able to format, model, and analyze large, multi-entity data sets
  • High degree of ownership and integrity in all work products
  • Proficient in Microsoft Excel, Word, and Outlook; comfortable working with large ledgers and reconciliation workbooks
  • Familiarity with joint operating agreements (JOAs) and how operational commitments flow through to GL accruals and reconciliations
  • Able to work with sensitive information and maintain confidentiality Excellent communication skills, both written and verbal
  • Demonstrates attention to detail
  • Excellent communication skills, both written and verbal
  • Comfortable owning ambiguous or judgment-driven areas (e.g., cost allocation, accrual estimates) and escalating appropriately
  • Proven ability to perform under pressure and adapt to shifting close deadlines, audit timing, and business needs