Portfolio and NOJV Engineer

3 weeks ago


Bengaluru Karnataka India, Karnataka Chevron Full time

Job Description


The Portfolio and Non-Operated Joint Venture (NOJV) Engineer will play a critical role in managing and optimizing our portfolio of NOJV assets, ensuring alignment with strategic objectives and maximizing returns. The successful candidate will provide insights and recommendations on optimal development strategy based on type curve, depletion effects, and costs.


Key Responsibilities:


  • Portfolio Management:
  • Maintain and update Fair Market Value (FMV) tool with public transaction values.
  • Key insights review for 3rd party closed transactions.
  • Screen active permitting activity offsetting Chevron positions to highlight deal potential.
  • Key competitor acquisition target screening- high level assessment of competitor company value, upside potential, and possible synergies.
  • Initial inventory characterization for new discovered resources opportunities
  • Preliminary competitor basis of design (BOD) review for transaction areas, compared to existing knowledge of basin area wells and developments.


  • Non-Operated Joint Venture (NOJV) Management:


  • Upload key partner data received in flat file to aid in technical analysis of Operator or Authorization for Expenditure (AFE) requests. Establish and maintain status tracker of backlog and progress of data uploading.
  • Timely evaluation of NOJV AFEs for initial economic screening with clearly documented workflow assumptions for Capital, Net Revenue Interest (NRI), Production forecasting (bench/interval and gunbarrel), Opex, and price deck (Decision Support package expectations to be communicated).
  • Maintain status updates on AFE tracker for AFEs under review, include weekly and evergreen key attribute updates. Maintain opportunity catalog schedule based on daily reports received from operators.
  • Perform lookback analysis on wells assessed and actual results.
  • Perform lookback analysis on wells transacted or non-consented / non-participation and confirm decision quality.
  • Leverage lookback analysis in future AFE assessments in terms of forecast reliability (ranges), capital spend (ranges), and schedule adherence.
  • Assist with inventory cleanup/strategic plan alignment and whether individual well decisions align with strategic plans.
  • Assist with Operator intelligence/activity changes/earnings call insights on quarterly basis. Compare Operator profiles with Chevron and identify Operators that excel in key benchmarks.
  • Technical and Economic Analysis:
  • Conduct requested technical assessments and economic evaluations of shale and tight assets.
  • Utilize reservoir engineering and production data to support decision-making processes.
  • Expert in evaluating AFEs for economics performance.
  • Collaboration and Communication:
  • Work closely with cross-functional teams, including geoscience, drilling, and production, to ensure integrated asset management.
  • Communicate effectively with internal teams to enable external stakeholders’ engagements, providing updates on portfolio performance and strategic initiatives.


Required Qualifications

  • Education: Bachelor’s degree in petroleum engineering or a related field.
  • Experience: 5-10 years of experience in reservoir engineering or asset management, with a focus on shale and tight formations preferred.
  • Skills:
  • Strong technical skills in reservoir engineering and economic analysis.
  • Proficiency in AFE evaluations and portfolio management.
  • Excellent communication and internal stakeholder engagement.


Preferred Qualifications

  • Minimum 7 years of experience in the oil and gas industry, particularly in shale and tight asset management.
  • Familiarity with Tools: Experience with industry-standard software for economic analysis.


Selection Criteria

  • Technical and Business acumen: Demonstrated expertise in reservoir engineering and economic evaluation for shale and tight assets.
  • Leadership: Ability to lead project initiatives and influence cross-functional teams.
  • Align & Inspire: Proven ability to align efforts with strategic objectives and inspire collaboration among partners.
  • Build Relationships: Strong interpersonal skills to build and maintain effective relationships with partners and stakeholders.
  • Grow Capabilities: Commitment to continuous learning and development, both personally and within the team.
  • Deliver Results: Track record of delivering results through effective management and strategic planning.



  • Bengaluru, Karnataka, India Chevron Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Total Number of Openings3Portfolio and NOJV EngineerThe Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru India brings together the resources and expertise of the Chevron global network with talent in India to enhance agility and technological innovation to optimize solutions for the world's current and future energy challenges. As...

  • IT Portfolio

    2 days ago


    Bengaluru, Karnataka, India Cigres Technologies Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Bengaluru, Karnataka, IndiaJob TypeFull TimeAbout the RoleKey Responsibilities:Portfolio Oversight & Reporting Maintain an accurate and up-to-date view of the SM&CS IT portfolio, including applications, platforms, and tools.Report regularly on portfolio size, TCO, tech debt reduction (portfolio fitness) and asset utilization using Tableau dashboards.Track...

  • IS Portfolio Manager

    2 weeks ago


    Bengaluru, Karnataka, India ABB Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    This Position reports to: Demand & Consultancy ManagerAt ABB, we are looking for an IS Portfolio Manager for Technology and Platform Demand who will play a critical role in shaping and driving our digital transformation journey. This is your opportunity to work with infrastructure services such as hosting, cloud, networks, and monitoring while collaborating...

  • Portfolio Leader

    2 days ago


    Bengaluru, Karnataka, India Salesforce Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    To get the best candidate experience, please consider applying for a maximum of 3 roles within 12 months to ensure you are not duplicating efforts.Job CategorySoftware EngineeringJob DetailsAbout SalesforceSalesforce is the #1 AI CRM, where humans with agents drive customer success together. Here, ambition meets action. Tech meets trust. And innovation isn't...

  • Portfolio Architect

    2 weeks ago


    Bengaluru, Karnataka, India Empower Full time ₹ 5,00,000 - ₹ 8,00,000 per year

    Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and...

  • Planning Engineer

    2 weeks ago


    Bengaluru, Karnataka, India, Karnataka NewSpace Research and Technologies Full time

    Who we are:We are a start-up based out of Bengaluru & Delhi NCR. We are engaged in development of next generation missions and technologies (NGM&T) towards future warfare needs of the Indian defence forces. It is undertaking research towards enhancing persistence and autonomy for unmanned vehicles and robotic swarms. NRT’s product development portfolio...

  • Head of Finance

    2 weeks ago


    Bengaluru, Karnataka, India, Karnataka Z47 Full time

    The Human Capital Team of Z47 is partnering with one of our fast-growing portfolio companies in identifying a suitable Finance Head to lead the function( reporting to founders.Ideal Profile :Experience: 8- 12 Years of experience including in a controllership roleQualification: Qualified CA + MBAIdeally someone from a capex-heavy, real asset-heavy,...

  • Portfolio Manager

    1 week ago


    Bengaluru, Karnataka, India SHELL Full time ₹ 10,00,000 - ₹ 25,00,000 per year

    Job Description Job Location: India Job Family Group: Commercial and Retail Worker Type: Regular Posting Start Date: September 18, 2024 Business Unit: Downstream and Renewables Experience Level: Experienced Professionals : If you are a strategic thinker and a Supply Chain professional with a passion for transforming Supply Chain...

  • Sr Support Engineer

    3 weeks ago


    Bengaluru, Karnataka, India, Karnataka McLaren Strategic Solutions Full time

    Role: Engineering Support Level 2 - Portfolio AnalyticsSupport experience preferably in 4-10 years rangeResponsibilities:Investigate and drive support resolution with senior external clients, internal stake holders and other engineering teams. Serve as point of escalation for support issues from Helpdesk (L1)Work closely with the engineering team to drive...


  • Bengaluru, Karnataka, India CLAIRVOLEX Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Summary:This role requires managing and enhancing high-value global patent portfolios through deep client engagement, end-to-end delivery management, coaching team members, and driving quality and efficiency via AI-powered tools and processes. The candidate should demonstrate technical expertise over a wide spectrum of current-age technology domains,...