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Upstream Jobs in Texas (NOW HIRING)

Senior Upstream Accountant

Houston, TX ยท On-site

$70K - $88K/yr

Chord Energy is seeking an experienced and results-driven Senior Upstream Accountant to join our dynamic Accounting team in supporting our growing upstream oil and gas assets. The successful ...

As an Associate, Upstream, you'll assist in recombinant protein and antibody expression using mammalian cell cultures, while also supporting QC testing to evaluate product quality. You'll work ...

Job Summary for SAP Upstream Finance Consultant - Specialize in the upstream finance workstream, focusing on Production Sharing Accounting (PSA) modules. - Document functional design for ...

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Showing results 1-20

Upstream information

See Texas salary details

$55K

$84.6K

$144.9K

How much do upstream jobs pay per year?

As of Aug 31, 2026, the average yearly pay for upstream in Texas is $84,565.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,200.00 and $83,400.00 per year, depending on experience, location, and employer.

What are upstream jobs in the oil and gas industry?

Upstream jobs in the oil and gas industry refer to positions involved in the exploration and production of oil and natural gas. This includes locating oil and gas fields, drilling wells, and extracting resources from beneath the earth's surface. Common upstream roles include geologists, drilling engineers, and production operators. These jobs are crucial in the early stages of the energy supply chain and often involve working in the field or on offshore rigs.

What are some common challenges faced by professionals working in upstream oil and gas operations?

Professionals in upstream oil and gas often contend with challenging field conditions, complex regulatory requirements, and the need to balance operational efficiency with safety and environmental standards. The role frequently involves working in remote locations, collaborating with multidisciplinary teams, and adapting to rapidly changing technologies. Navigating project timelines, resource constraints, and evolving industry regulations can also present significant challenges, but these aspects offer valuable experience and opportunities for skill development and career advancement.

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

To thrive as an Upstream Oil & Gas Engineer, you need a solid background in petroleum engineering, geology, or a related field, often supported by a relevant degree. Familiarity with reservoir simulation software, drilling technologies, and industry safety standards is essential. Strong analytical thinking, teamwork, and effective communication distinguish top performers in this role. These skills ensure efficient resource extraction, operational safety, and collaboration in complex exploration and production environments.

What is the difference between Upstream vs Downstream?

AspectUpstreamDownstream
Primary FocusExploration, drilling, and production of oil and gasRefining, distribution, and marketing of oil and gas products
Work EnvironmentOil fields, drilling sites, exploration areasRefineries, distribution centers, retail outlets
Required CredentialsGeology, petroleum engineering, certifications in drilling and safetyChemical engineering, marketing, logistics certifications
Industry UsageExploration and production companiesRefining companies, oil and gas marketers

Upstream involves the exploration and extraction of oil and gas, focusing on drilling and production. Downstream covers refining, distribution, and selling petroleum products. Both roles are essential in the oil industry but differ in their focus, work environment, and required skills.

What are common upstream jobs?

Common upstream jobs include roles such as petroleum engineers, geologists, reservoir engineers, and drilling engineers, all involved in exploring, extracting, and producing oil and gas resources. These positions often require technical skills, knowledge of drilling equipment, and safety certifications, and typically involve working in field environments or offices focused on exploration and production activities.

What are upstream jobs?

Upstream jobs refer to roles involved in the exploration, drilling, and production of oil and gas before it reaches processing facilities. These positions often require technical skills, knowledge of geology or engineering, and may involve working in remote or outdoor environments. Upstream work is a key part of the oil and gas industry supply chain.

What cities in Texas are hiring for Upstream jobs?

Cities in Texas with the most Upstream job openings:

Infographic showing various Upstream job openings in Texas as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $84,565 per year, or $40.7 per hour.

Senior Accountant, Upstream

Caturus Management Services, LLC

Houston, TX โ€ข On-site

$70K - $88K/yr

Full-time

Posted 20 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