To manage reserves booking and accounting process and coordinate business plan forecasts for operations and financing requirement.Main Activities and ResponsibilitiesReserves
Liase with Reservoir Engineers and Geoscientists to obtain inputs for reserves changes on a regular basis
Coordinate inputs for reserves update due to drilling activities, geological & reservoir studies and performance reviews, or changes in commercial scenarios.
Perform annual performance review of all producing wells in the block and provide a revised assessment of a range of developed reserves and undeveloped reserves
Maintain a robust database of oil, gas and associated liquids’ contingent resources
Manage the company’s reserves database and ensure it is of integrity and figures are consistent with NNS standards
Coordinate and submit annual reserves report to regulatory authorities and joint venture partners
Work with external consultants and reserves certification agents to continuously improve the company reserves portfolio and manage data interface between company and external consultants on reserves
Business Plan and Forecasting
Coordinate the company’s business planning and forecasts by managing inputs from key stakeholders – operations, engineering, asset development, HR, Finance, etc.
Provide monthly business plan updates and provide performance dashboards of actuals vs. forecast.
Generate forecasts for operations, finance and business plans as may be required
Maintain a robust forecast and business plan that includes up-to-date inputs such as CAPEX, OPEX and fiscal tariffs.
Perform economic analysis of projects and provide economic indicators for management decisions
Liase with financing team to provide critical information necessary for financing models
Perform Decision Analysis on projects as required and provide results for management consideration
Key Competencies:Competencies:
Must have sound petroleum engineering or geosciences background
Must have very good experience in petroleum economics
Must have a very strong reserves auditing or management experience
Very good understanding of upstream financial models
Very good background in Decision Analysis techniques
Reserves database management
General Knowledge and Technical Skills:
Expert in the use of spreadsheet software, experience in the use of modeling or forecasting software is a plus
Very good team player and collaborator
Excellent communication and presentation skills
Required Education and Experience:
Minimum 5+ years work experience in similar role.
Minimum BSc/B.Eng (Minimum second Class lower) in Engineering or Geosciences
MBA and added advantage
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