Reserves Engineer

Job Responsibility:

Reserves Engineer (Calgary)

Sinopec Canada is looking for an outstanding Reserves Engineer to join our amazing Planning and Reserves Team in Calgary, Alberta!

Sinopec Canada is a wholly owned subsidiary of a major International upstream oil and gas company, Sinopec International Petroleum Exploration and Production Corporation (SIPC) headquartered in Beijing, China. Sinopec Canada has been an active participant in the Canadian energy industry since 2005. Joining Sinopec Canada as a Reserves Engineer means becoming an important part of our team dedicated to making successful contributions to a sustainable future.

Primary Purpose of Position

Sinopec Canada has an opportunity for a Reserves Engineer to join our Planning and Reserves Team. Reporting to the Manager, Planning and Reserves, this role is accountable for reserves evaluation, budgeting, forecasting, and to provide expert technical support and guidance. This position provides the unique opportunity to gain exposure to many facets of the oil and gas business and collaborate with a broad range of functional groups including: Asset Development, Production, Accounting, Finance, Joint Ventures, Marketing, and Land.

The Reserves Engineer will be based out of Sinopec Canada's head office in Calgary, Alberta and offers a hybrid office schedule, with the option to work from home on Monday and Friday.

Role and Responsibilities

• Complete annual evaluation of non-core property petroleum reserves in compliance with NI51-101 regulations and COGEH guidelines and review external property evaluations to the same level of detail. Analyze OpEx, shrinkage, NGL yields, and price offsets from lease operating statements. Collaborate with the Asset Development team to update development plans including schedule, type curves, well results, and capital costs.
• Compile financial, land, and engineering data from various departments for 3rd party reserve evaluator.
• Work with SIPC, our parent organizaton, on year-end reserves reporting on various platforms.
• Perform mechanical updates and create reports for the Finance department on reserves evaulation (effective date, price deck, capital activity, Acquistion and Divestitures (A&D), Land expiries) on a quarterly basis.
• Collaborate with multiple departments, assist with preparation of annual budget and long-term plan, including base production updates, future development plans, capital outlook, updating economic inputs, and completion of detailed reports.
• Complete monthly production forecasting. Update historical production in Mosaic database, declines, timing, yields, and shrinkage. Build and review forecast with Asset Engineers and Business Unit Managers.
• Present detailed analysis on variances between budget, prior and current month forecasts to VPs and BU managers.
• Provide engineering / economic evaluation support to Business Development and Asset Development teams on a variety of A&D and development opportunities.

Position Knowledge, Skills, and Experience

• Strong knowledge of National Instrument Standards of Disclosure for Oil and Gas Activities (NI51-101) and Canadian Oil and Gas Evaluation Handbook (COGEH) reserves regulations and procedures and Alberta royalty regimes.
• Familiar with Mosaic or equivalent evaluation software.
• Strong analytical skills and proficiency in Microsoft Excel; experience with Power BI and data analytics is considered an asset.
• Experience with other industry software including Accumap, CS Explorer, Tableau, Prodview, and Qbyte.
• Strong ability to manage workload and meet timelines with always changing priorities.
• Strong organizational, time management, and planning skills demonstrating a detailed and efficient work style.
• Possess strong oral and written communication skills combined with exceptional analytical, facilitation, negotiation and influencing skills.
• Ability to establish goals and objectives with designated timeframes and take accountability for successful execution.
• Ability to share experience and knowledge in a credible/compelling manner.
• High level of integrity in all actions, complying with and promoting the company's core values, a respectful work environment, and aligning with the code of business conduct.
• Demonstrated ability to understand and work well in a diverse and multi-cultural environment.
• Demonstrates Sinopec Canada's key competencies including proven ability to drive the business, work together, and lead effectively.

Qualifications

• Minimum of 3 years of post-secondary related experience. Preference will be given to candidates with 2 or more years of experience in reserves evaluation.
• Bachelor of Science degree in Engineering.
• Engineer-In-Training (EIT) with industry experience will be considered.
• Must be legally entitled to work in Canada, sponsorship is not offered for this role.

Come work with us!

If you are looking for meaningful new challenges and have a solutions-oriented attitude, we want to hear from you!

Join Sinopec Canada for a workplace filled with diversity, rewarding work, and opportunities to develop new skills and grow your career.

Only those selected for an interview will be contacted. Sinopec Canada thanks you in advance for your interest.

At Sinopec Canada, we are committed to fostering a diverse, inclusive, and accessible environment, where all employees feel valued, respected, and supported. If you require an accommodation for the recruitment/interview process (including accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs .

Please note that this posting is open for three weeks, so do not delay, apply now!