JOB: Drilling Engineer-Cost
Job Description
1.
Ability to initiate plans for
the Improvement of company systems and procedures for cost control and
manages approved development work.
2.
Ability to operate and maintain
detailed systems and written procedures for the control of CAPEX in
excess of a certain amount per year that will satisfy the requirements
of quality accreditation and periodic audits
3.
Ability to maintain historical drilling
and completion cost/expenditure records and data against which trends
may be measured and estimates developed.
4.
Ability to supervise the
operation of the company's integrated project cost
control systems and all
other applications relevant to the cost function
5.
Ability to prepare and make
presentations to JV Partners, management and project personnel on
current project cost control methods and procedures
6.
Ability to support the drilling
teams in formulating budgets for both corporate and external
budget cycles.
7.
Ability to assist the drilling
department with the preparation of Authorizations for Expenditure
("AFEs"), particularly as regards developing realistic cost
estimates for activity line items within each AFE.
8.
Ability to review and process
drilling invoices to
ensure compliance with the commercial terms of contracts and correct
coding of costs..
9.
Ability to develop and produce
cost reports for submission to the drilling team, JV Partners, and
management and the corporate office to explain the drilling cost
performance
10.
Ability to support the Contracts
& Procurement team in the contracting and procurement of drilling
materials and services, ensuring that C&P activity falls within
planned budgets and that drilling requisitions are
coded correctly.
11.
Ability to organize and
participate in regular inventory/stock checks at all locations where
drilling stock is held.
12.
Ability to provide any and all
necessary support during routine audits of drilling costs by corporate
auditors, partners, and statutory auditors.
13.
Ability to analyze cost
expenditure reports; reviews project progress and makes recommendations
to drilling engineers andsupervisors.
14.
Ability to prepare, evaluate and
participate in discussions for cost variation issues related to specific
projects and develops ways to address them and keep documentation for
tracking purposes.
15.
Ability to establish a routine system
for actual drilling cost (field estimate) against any specific AFE
estimation to efficiently monitor the AFE status and raise the red flag
for AFE revision when needed and drive the process for supplementary AFE.
16.
Ability to make contributions in
recommending and initiating cost and budget control systems and related
procedures.
Desired Skills & Experience
Any Engineering Degree (MBA added advantage);
Minimum of 8yrs experience in drilling and completions, with
atleast 6yrs as spread evenly as drilling engineer operations, well cost/well
planning /well contract engineer.
Desired Competencies
- Excellent
understanding of well operations, drilling contractor and rig activities
- Excellent oral communication skills
- Excellent
knowledge of Drilling and completion services
- Excellent use
of MS Excel and associated applications/macros
- Excellent use
of other applicable cost management soft wares
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