Reservoir Engineer
$109K-$224K
/ year
6-9 years experience
$109K-$224K
/ year
6-9 years experience
Reservoir engineers are experts in the search for - and aiding petroleum companies to effectively utilize underground reservoirs for fossil fuels. Utilizing geological knowledge, expertise of fluid mechanics, and a variety of technologies reservoir engineers determine the position of underground reservoirs for fuel and the reserve capacity of their reservoirs and determines if their long-term viability makes them appropriate to invest in. The reservoir engineer collaborates with geologists to track the reserves when fuels are extracted, and make adjustments to the extraction process when changes in the geology occur along with the loss of fuel. As more accessible reservoirs for fuel are being depleted across the globe the reservoir engineering industry is constantly exploring new methods to find suitable drilling locations, as well as creating and altering equipment to access these areas.
Employers generally require at least the equivalent of a bachelor's degree from an accredited engineering program to be eligible for entry-level positions. State licenses are required for all reservoir engineering public sector positions. In most cases, specific courses are required for specific industries like drilling mechanics, the properties of reservoir rocks, as well as petroleum economics.
The majority of reservoir engineering jobs are within the petroleum industry, but there are also opportunities for consultants as well as in academic jobs. An engineer working within the oil and gas industry splits their time between labs, offices, and out in the field, finding and maintaining drilling sites (which could require lengthy global travel). Engineers are usually full-time workers who are employed in shifts of different duration. They typically are employed for three days, and then have 3 days of vacation.
As a Reservoir Engineer with 6-9 years of experience in the United States, your main responsibilities include:
For a Reservoir Engineer job role, the following qualifications are required:
1
Forecasting
2
Fluid Mechanics
3
Applied Engineering Geology
Different skills can affect your salary. Below are the most popular skills and their effect on salary.
Business Development
2%
Project Management
16%
Strategic Planning
1%
Simulation
6%
Energy Storage
1%
Mergers & Acquisitions
9%
Numerical & Statistical Methods
28%
As an experienced Reservoir Engineer with 6-9 years of work experience in the United States, there are several alternative roles you can consider. Here are following options:
Reservoir engineering is projected to experience robust growth in the United States' job market. Over the past 10 years, the demand for reservoir engineers has steadily increased as the oil and gas industry expands. With the rising energy needs and advancements in extraction technology, the role of reservoir engineers is becoming increasingly crucial. According to Google data, the number of employment opportunities for reservoir engineers is expected to rise significantly in the coming years. The projected growth in this position reflects the industry's reliance on reservoir engineers to optimize the extraction process and ensure the sustainable utilization of energy resources.