Reservoir Development Specialist
Venor is proud to partner with a local oil and gas company in their search for a Reservoir Development Specialist to join their team in St. John’s, NL.
The Opportunity:
We are seeking a highly experienced professional with a strong background in offshore oil & gas to provide subsurface and field development expertise with a commercial focus. The incumbent will evaluate reservoirs from both technical and economic perspectives, participate in partner meetings with operating companies, and contribute to strategic decisions on development opportunities in offshore Newfoundland and similar environments.
Roles and Responsibilities:
- Perform economic evaluations of reservoirs, integrating technical subsurface understanding with commercial insights.
- Provide technical and commercial input during partner and joint venture meetings with operators and other stakeholders, for existing or new developments.
- Analyze reservoir performance data, field development options, and recovery strategies.
- Utilize Excel-based economic models to assess project value, sensitivity, and risk as part of corporate quarterly/annual processes and on an adhoc basis. Experience with Power BI considered an asset.
- Contribute to development planning, project screening, and investment decisions.
- Prepare concise, decision-focused reports and presentations for internal and external stakeholders.
- Act as a bridge between technical teams (geoscience, engineering) and commercial/management teams.
Qualifications:
- Degree in Petroleum (or equivalent) Engineering, Geology, Geophysics, or related discipline.
- Minimum 5 years of industry experience; preference for 10+ years, including offshore reservoir evaluation.
- Strong understanding of offshore Newfoundland geology or similar offshore petroleum basins.
- Demonstrated expertise in reservoir economics, reserves assessment, and field development planning.
- Proficiency in Excel (economic models, scenario analysis, sensitivities).
- Proven ability to multi-task, work independently, and deliver actionable insights under time pressure.
- Strong communication and interpersonal skills to represent the company in partner/operator meetings.
Desired Attributes
- Practical, “hands-on” approach; a doer with a can-do attitude.
- Comfortable working in both technical and advisory roles.
We embrace a culture of belonging in the workplace. No matter who you are, where you’re from, how you think, what you believe in, or who you love, we welcome your application. We all come from different backgrounds and different walks of life, bringing in unique perspectives and experiences. We encourage applications from 2SLGBTQ+, Black, Indigenous, and People of Colour (BIPOC), women, newcomers to Canada, and people with disabilities. If you require any accommodation in the application and interview process, please let us know (including different materials or otherwise).