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About the Role

In this role, the Drilling Engineer will play a pivotal role in optimizing drilling operations across various basins. Leverage extensive knowledge and experience to design, plan, and execute drilling programs while ensuring safety, efficiency, and environmental responsibility. This position offers an exciting opportunity to contribute to the growth and success of Formentera Operations.

Responsibilities

Develop, plan, and oversee vertical and horizontal drilling programs across multiple basins, including casing design, wellhead systems, directional planning, drilling fluid systems, and cement design.
Utilize broad knowledge of drilling techniques, technologies, and equipment to optimize drilling processes and enhance performance.
Ensure all drilling operations adhere to strict safety standards and environmental regulations, implementing best practices to mitigate risks.
Monitor and manage drilling budgets, identify cost-saving opportunities, and write AFEs.
Analyze drilling data to identify trends, inefficiencies, and opportunities for improvement, making data-driven decisions to enhance drilling performance.
Collaborate with multidisciplinary teams, including geologists, reservoir, production, land, regulatory, and field operations personnel, to achieve drilling goals and milestones.
Evaluate vendor performance, stay updated with industry trends, emerging technologies, and best practices to drive continuous improvement in drilling operations.
Maintain accurate records, prepare technical reports, and present findings.

Requirements

5+ years of recent experience as a Drilling Engineer with a track record of working in multiple basins.
Proficiency in drilling software and tools including Wellview, Compass / Wellplan (or equivalent), wellbore stability analysis, and fluid hydraulics.
Strong understanding of drilling practices, equipment, and regulatory requirements.
Excellent problem-solving skills and the ability to make critical decisions under pressure.
Exceptional communication skills, both written and verbal.
Demonstrated commitment to safety, environmental stewardship, and ethical conduct.
Well Control Certification (Drilling Surface - Supervisor Level).
Ability and willingness to travel to field locations in the U.S. for a cumulative 30-60 days per year.
Practical knowledge of other field operations (production and facilities design).
Hands-on completions experience in a dedicated completions role is a plus.
5-10 years of experience at an active E&P company, with preference for candidates currently active in the field.
Practical understanding of petroleum economics with ability to contribute to Asset/Deal valuation process.
Requires prolonged sitting, some bending and stooping.
Occasional lifting up to 25 pounds.
Manual dexterity sufficient to operate a computer keyboard and calculator.

Skills

Technical communication skills
Ability to work independently
Work on cross-functional technical teams
Interface with non-technical staff
Multi-disciplinary teamwork
Wellview
Compass / Wellplan (or equivalent)
Wellbore stability analysis
Fluid hydraulics
Problem-solving
Decision making
Written communication
Verbal communication
Safety
Environmental stewardship
Ethical conduct
Travel
Production operations
Facilities design
Completions experience
Petroleum economics
Asset/Deal valuation

Location

Austin, TX

Work Type

In-office
Full-time

Experience Level

5+ years
5-10 years

Education Level

Bachelor’s degree in engineering (Mechanical, Petroleum, or related engineering field)

Salary/Compensations

Competitive Base Salary

Benefits

Annual Bonus Eligibility
Comprehensive Benefits package
100% employer paid health benefits
401k w/match
401K with 4% employer match

About the Company

Formentera Operations LLC is the operator for Formentera Partners, an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas.
Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins.
Formentera is intentional and deliberate in cultivating our culture, seeking people who are exceptional and support each other’s growth, embracing the value that diverse teams, ideas and opinions creates.
Operating with integrity and treating each other well at all times are foundational pillars at Formentera.

Equal Opportunity

Formentera provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, protected veteran status, disability or any other characteristics protected by federal, state, or local law where we employ.
Formentera will not tolerate discrimination or harassment based on any of these characteristics.