Join J.P. Morgan and make a direct impact on the evaluation of oil and gas reserves that drive our lending decisions. As a Petroleum Engineer, you will leverage your technical expertise to assess energy assets and support business growth. This is your opportunity to collaborate with industry leaders, apply advanced engineering skills, and help shape the future of energy finance. You will work in a dynamic environment where your insights and recommendations matter. Be part of a team that values innovation, accuracy, and professional development.
As a Petroleum Engineer in the Reserves Evaluation team, you will independently conduct comprehensive oil and gas reserve and economic evaluations for customer loan requests and borrowing base reviews. You will collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships and ensure that evaluation results are clearly documented and communicated. Your work will help us make informed lending decisions and manage risk effectively.
Job Responsibilities
Perform independent, comprehensive oil and gas reserve and economic evaluations for prospective and existing customer loan requests and borrowing base reviewsCollaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships focused on reserves evaluation as collateralDocument evaluation results in memorandums that summarize recommended loan value, estimated economics, key assumptions, downside risks, and asset qualityApply established policies, practices, and procedures in reserves evaluation, seeking guidance from Senior Petroleum Engineers on complex issuesClassify oil and gas reserves according to PRMS deterministic reserve categoriesUtilize standard economic software such as Aries and PHDWin for reserve and economic analysisDevelop and maintain Excel models to support reserve and economic evaluationsCommunicate technical findings and recommendations through clear, concise technical writingRequired qualifications, capabilities, and skills
Bachelor’s degree in Engineering or a related fieldMinimum 5 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business developmentExperience estimating oil and gas reserves and running economicsUnderstanding of PRMS reserve designations and deterministic reserve classificationProficiency in standard oil and gas economic software (Aries, PHDWin)Advanced Excel modeling skillsStrong technical writing skillsPreferred qualifications, capabilities, and skills
Experience with additional software such as ComboCurve or SpotfireDemonstrated ability to work independently and collaborate across teamsExperience preparing memorandums for lending or risk management purposesExposure to business development in the oil and gas sectorStrong analytical and problem-solving skills