We are seeking an experienced and skilled Petroleum Economist with a strong background in reserves and economic evaluation, forecasting, and risk assessment within the oil and gas industry. 

Key Responsibilities:

Reserves & Economics Evaluation:

  • Conduct comprehensive economic evaluations of petroleum reserves, including the estimation of recoverable resources and financial valuation.
  • Classify reserves according to industry standards PRMS Guidline, ensuring accurate and reliable reporting.
  • FDP Economics

Forecasting:

  • Develop detailed financial/Fiscal models to forecast future production, revenue, and costs associated with petroleum assets.
  • Analyze market trends and price forecasts to determine the economic viability of reserves and projects.

Risk Assessment:

  • Perform risk assessments to identify and evaluate potential financial, operational, and market risks associated with oil and gas projects.
  • Conduct sensitivity analyses to assess the impact of key variables on project economics and advise on risk mitigation strategies.

Software Proficiency:

  • Utilize Merak for detailed economic modeling, analysis, and reporting.
  • Employ Excel-based tools to build custom economic models, perform data analysis, and present financial results to stakeholders.

Decision Support:

  • Provide economic insights and recommendations to support decision-making processes related to exploration, development, and production activities.
  • Collaborate with multidisciplinary teams, including geologists, engineers, and finance professionals, to integrate economic analyses into broader project evaluations.

Regulatory Compliance:

  • Ensure compliance with local and international standards for reserve reporting and economic evaluation.
  • Prepare and present reports to regulatory bodies, investors, and senior management.

Requirement:

Experience:

  • Over 10 years of experience in petroleum economics, with significant exposure to the oil and gas industry in Pakistan.
  • Extensive experience in reserves evaluation, economic forecasting, and risk assessment.

Education:

  • Masters degree in Economics, Petroleum Engineering, or a related discipline. An advanced degree (Phd) is preferred.

Technical Skills:

  • Proficient in using Merak for economic modeling and evaluation.
  • Advanced skills in Excel, including the ability to create complex financial models and conduct data analysis.

Other Requirements:

  • Strong analytical and problem-solving skills with a keen eye for detail.
  • Excellent communication abilities, capable of translating complex economic data into actionable insights.
  • Ability to work effectively both independently and as part of a team.

نوکری کی تفصیلات

صنعت:
شعبہِ افعال:
کل عہدے:
3 آسامیاں
نوکری کی شفٹ:
پہلا پہر
نوکری کی قسم:
نوکری کا مقام:
جنس:
کوئی ترجیح نہیں
کم از کم تعلیم:
ایم فل
ڈگری کا عنوان:
PhD in Structural Geology or a closely related discipline.
کیریئر کی سطح:
تجربہ کار پیشہ ور
کم از کم تجربہ:
8 سال (The ideal candidate will have over 10 years of experience in Pakistan and be proficient in using industry-standard tools such as Merak and Excel.)
اس سے پہلے درخواست دیجیۓ:
اکتوبر ۰۳, ۲۰۲۴
تاریخِ اِشاعت:
ستمبر ۰۲, ۲۰۲۴

Hillcrest Solutions (Private) Limited

خدمات · 2501-3000 ملازمین - اسلام آباد

pHillcrest Solutions(Private) Limited is incorporated in Pakistan with the primary objective of providing Human Resource and Manpower Services to vast clientele across the Globe./p

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