Nestoil is Nigeria’s largest indigenous Engineering, Procurement, Construction and Commissioning (EPCC) Company in the Oil and Gas sector and has been a significant contributor to local content in the industry since inception about 30 years ago. With about 2,000 direct employees, Nestoil continues to redefine industry standards in Pipeline Construction, Repairs and Maintenance with associated facilities for Dredging, River Crossing and Shoreline Protection.

We are recruiting to fill the position below:

Job Title: Petroleum Engineer

Requisition ID: 583
Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description

• In this role, you will work closely with our Strategic Business Units (SBUs) and departments across the Group. You will be responsible for providing leadership to OML 42 gas development and asset maturation activities, and in participating and shaping oil development activities.
• This role will cover subsurface oil and gas development, production support, well engineering and development planning economics.
• Work with other job functions in the asset development, engineering & Major capital projects, operations, and other units to maximize the value of Neconde Energy Limited’s oil and gas reserves and resources.
• Activities include field development planning, performance monitoring, reserves assessments, reservoir and well modelling, production forecasting, identification of well intervention and drilling opportunities, and economic evaluation.

Responsibilities
As a Petroleum Engineering Team Lead, you will be responsible for:

• Working with other disciplines to carry out annual review of and updates to oil and gas reserves to ensure estimates are reliable.
• Providing timely requisite reports for statutory and business needs.
• Providing operational guidance to the activities of Reservoir Engineering, Geoscience, Well Engineering, G&G services, and technical support.
• Managing production and cost forecasting for business planning.
• Supervising the planning of drilling activities for reservoir development and contributing to the preparation of the Drilling/Workover plans.
• Mentoring less experienced personnel
• Working closely with other disciplines, carrying out petroleum engineering aspects of oil developments. This includes:
  • Nodal analysis to estimate well production potentials.
  • Material balance modelling.
  • Reservoir simulation modelling.
  • Reservoir fluid Pressure-Volume-Temperature (PVT) modelling.
  • Surface facility modelling.
  • Working closely with earth scientists to understand geologic uncertainties and ensure they are incorporated in reservoir models.
  • Selecting appropriate ranges of key uncertainties to achieve high confidence uncertainty ranges in forecast reservoir performance.
  • Optimizing number and type of wells and completion types.
  • Interfacing with facility and drilling engineers to evaluate alternative facility and well configurations.
  • The use of economic models to estimate economic outcomes.
• Working with economic analyst to rank well drilling opportunities to ensure that the most profitable opportunities are drilled earliest when practical.
• Working with engineers working on oil assets to coordinate development of oil rims and gas caps in reservoirs with thin oil rims and large gas caps.
• Visiting field locations to become familiar with oil production and gas processing assets, and for other reasons related to responsibilities.
• Participating in formulating conceptual development plans of exploration opportunities, estimating the corresponding investment and production potential, and the resulting economic value.
• Preparing and updating Field Development Plans and participate in securing Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approval.
• Meeting with officials of NUPRC as required to obtain well intervention, well drilling and project approvals. Provide information and clarity on projects, or any other issues that may arise.
• Meeting with personnel of NNPC E&P Limited (NEPL) – our JV partners – as required to reach alignment on projects, or any other issues that may arise.
• Participating in the computation of flare numbers to ensure that they are accurate. Recommend the installation of meters where required.
• Participating in the joint venture budget review process with our partners.
• Ensuring timely compliance with regulatory requirements.
• Participating in reserves and production forecast reviews by consultants.
• Performing other duties as may be assigned by your manager.

Requirements
What are we looking for?

• Minimum of B.Sc. in Petroleum Engineering, Chemical / Process Engineering.
• Relevant professional qualification / membership
• Minimum of 10 years of subsurface oil and gas industry experience.
• Experienced in Reserves Estimation and production forecasting, fluid PVT Analysis, decline Analysis, relative permeability, production forecasting, well test analysis and interpretation.
• Basic understanding of geosciences, probabilistic analysis of reservoir volumes, 3D Reservoir Simulation, subsurface Uncertainty Analysis and Management.
• Familiarity with well and reservoir modelling software, strong analytical skills.
• Well organized with ability to perform amidst competing tight deadlines.

Application Closing Date
Not Specified.