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Upstream Engineering Jobs in Texas (NOW HIRING)

NVIDIA

Senior LLVM Compiler Engineer

Austin, TX · On-site

$103K - $142K/yr

... meet upstream quality, abstraction, and API expectations • Advocate for NVIDIA's technical needs through credible engineering arguments, prototypes, and sustained community engagement • ...

Nvidia

Senior LLVM Compiler Engineer

Austin, TX · On-site

$103K - $142K/yr

Refactor, adapt, and decompose downstream NVIDIA compiler code to meet upstream quality, abstraction, and API expectations * Advocate for NVIDIA's technical needs through credible engineering ...

Careers - Titan

Applications Engineer

The Woodlands, TX · On-site

... engineering of oil and gas production equipment for upstream and midstream applications with emphasis on upstream facilities. The candidate must have experience with selection of components such as ...

Aramco

Petroleum Engineering Specialist

Houston, TX · On-site

... development for upstream oil and gas applications in the areas of productivity enhancement ... The Engineering Advisor, Senior Engineering Advisor and Engineering Consultant positions provide ...

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Upstream Engineering information

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 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 popular job titles related to Upstream Engineering jobs in Texas? For Upstream Engineering jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Upstream Engineering jobs in Texas look for? The top searched job categories for Upstream Engineering jobs in Texas are:
Upstream Engineering jobs near you
Energy Corporate Banking - Analyst III (Upstream-E&P)

Energy Corporate Banking - Analyst III (Upstream-E&P)

Texas Capital Bank

Dallas, TX • On-site

Full-time

Medical, Life, Retirement, PTO

Posted 17 days ago

Job description

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Energy Corporate Banking - Analyst III (Upstream/E&P)
The Energy Corporate Banking Analyst III is a senior analytical contributor responsible for delivering high-quality financial modeling, underwriting support, and execution deliverables within the firm's Upstream (E&P) coverage vertical. The Analyst III works closely with Associates, Vice Presidents, and Senior Coverage Bankers to support the origination, structuring, and execution of financing and strategic solutions for public and private E&P companies, including mineral and royalty, operated, and non-operated working interest clients.
This role requires strong technical skills, attention to detail, and the ability to manage multiple workstreams in a fast-paced environment. The Analyst III will gain increasing exposure to clients and play a key execution role across reserve-based lending (RBL) facilities, corporate credit transactions, advisory support, and capital markets activities.
We are seeking candidates who are committed to a long-term career in banking and demonstrate analytical rigor, intellectual curiosity, and a strong team-oriented mindset.
Key Responsibilities
Client Coverage & Sector Support
  • Prepare presentation materials for client meetings, prospect discussions, internal committees, and capital markets interactions.
  • Maintain working knowledge of covered clients' operating strategies, reserve profiles, capex programs, breakeven economics, and key financial/credit metrics.
  • Support senior bankers as they develop tailored financing and strategic ideas across RBLs, term loans, acquisition financings, hedging strategies, and capital markets alternatives.
  • Assist in tracking sector-specific developments, commodity price trends, and comparable company/transaction data to support idea generation and business development.

Transaction Execution & Underwriting
  • Serve as a core execution resource for active transactions, assisting in diligence coordination, financial modeling, internal/external materials, and documentation review.
  • Build and maintain engineering-based cash-flow models, borrowing base models, corporate credit models, comparable benchmarking analyses, valuation tools, and portfolio monitoring models.
  • Support the diligence of RBLs and upstream corporate credit facilities through preparation approval materials, financial analysis, sensitivity cases, covenant assessments, and general trend review and interpretation.
  • Aid in the review of engineering evaluations (production forecasts, type curves, PDP/PUD distributions, sensitivity scenarios) and summarize key findings for Associates and senior bankers.
  • Prepare diligence requests, manage data rooms, and support preparations for management presentations, lender meetings, and internal approval committees.
  • Contribute to ongoing portfolio monitoring, including covenant tracking, borrowing base variance analysis, performance trends, and periodic internal reviews.

Internal Collaboration
  • Work closely with risk, petroleum engineering, capital markets, syndications, treasury, and sales & trading teams to ensure coordinated and efficient transaction execution.
  • Participate in internal workstreams such as market updates, model enhancements, and maintenance of internal databases and tools.
  • Serve as a resource for junior analysts, providing informal guidance on modeling, analysis, and presentation best practices.

Qualifications
Required
  • Bachelor's degree in Finance, Accounting, Economics, Energy Commerce, Engineering, or a related discipline.
  • 2.5-3.5 years of relevant experience in Corporate Banking, Energy Investment Banking, Leveraged Finance, or Private Credit.
  • Solid understanding of upstream/E&P credit fundamentals-including cash flow forecasting, leverage metrics, covenant structures, and borrowing base mechanics.
  • Strong proficiency in financial modeling (DCF, comparable analysis, borrowing base modeling, A&D analysis) and other Excel-based analytics.
  • Excellent analytical and problem-solving skills with the ability to synthesize complex technical and financial information.
  • Very strong communication, writing, and presentation skills with the ability to work effectively in a team-oriented, deadline-driven environment.
  • Deep working knowledge of Microsoft Excel, PowerPoint, and Outlook; familiarity with Salesforce or similar CRM tools.

Preferred
  • Prior experience supporting energy-sector transactions, including acquisition finance (particularly RBL underwriting), upstream credit analysis, and/or private credit.
  • Exposure to petroleum engineering concepts, reserves analysis, and direct interactions with engineering staff.
  • Familiarity with commodity hedging strategies, derivatives, and commodity price market fundamentals.
  • Formal Excel / financial modeling coursework or equivalent practical experience
  • FINRA SIE, Series 79, and Series 63

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.
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About Texas Capital Bank

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Texas Capital Bank is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big banks at a scale that makes sense for our clients, with highly experienced bankers who truly invest in people's success -- today and tomorrow.

Industry

Commercial banking

Company size

1,001 - 5,000 Employees

Headquarters location

Dallas, TX, US

Year founded

1998

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