Reservoir Engineer (A&D), Associate – Investment Banking, Houston, GBM Private, Classic

Team Overview

The Natural Resources Group is a global team with bankers around the world. The group has a significant presence with offices in New York, Houston, Toronto, Calgary, London, Hong Kong and Buenos Aires, among others. The group covers Metals & Mining, Chemicals, Power & Utilities, and Energy (including Alternative/Renewable Energy, Upstream, Midstream, Downstream, & Oilfield Services).

Position Summary

The Reservoir Engineer will be a key member of Goldman Sachs A&D (Acquisitions & Divestitures) team and work closely with the firm’s technical and corporate finance team. This position will provide advanced engineering technical support for the A&D team and requires strong proficiency in reservoir engineering practices, geological understanding of the major North American basins (US Lower 48, Canada, etc.) and economic principles to provide services for a variety of clients within the energy sector.

Key roles and responsibilities include but not limited to:

• Providing technical diligence support and inputs for modeling efforts related to upstream, midstream, OFS mergers, acquisitions, divestments, and capital market transactions
• Identification and understanding of key engineering & geological drivers for well performance, PDP forecasting, type curve development, LOS reviews, well spacing patterns, and base / upside zones & inventory
• Ability to evaluate and analyze key well design & completion trends at both the operator and basin level using both public & private data
• Performing technical reviews on assets across various basins in North America (e.g. Permian, Eagle Ford, Bakken, DJ, Scoop/Stack, Haynesville, Appalachia, GoA, Montney, Duvernay, etc.)
• Determination of key technical and financial assumptions for upstream & midstream assets to drive valuation and economic modeling
• Ability to build, run, sensitize, and maintain economic databases (e.g. Aries, PHDwin, ComboCurve, etc.) containing detailed technical information
• Preparing both internal and external technical materials to be used for pitch books, mandates, and Confidential Information Memorandums / data room presentations
• Contribution and participation in both internal and external presentations

Desired Qualifications

• Bachelor’s degree in Petroleum or Chemical Engineering (or other relevant technical discipline)
• 3+ years of investment banking A&D / Technical experience; OR 5+ years of technical experience in Reservoir Engineering at an Oil & Gas Operator
• Operations / Production / Business Development experience at an Operator is a plus
• Masters or advanced degree in Engineering or MBA a plus, but not essential
• Technical knowledge and expertise across major North American basins and emerging plays within the oil and gas industry
• High level of discretion dealing with confidential matters
• Strong organizational and time management skills and ability to set priorities
• Strong communication, presentation, and interpersonal skills
• History of outstanding academic and professional achievement
• Software Skills: Aries, PHDwin, ComboCurve, Value Navigator, Spotfire, Enverus (PRISM), Wood Mackenzie, Microsoft Office

ABOUT GOLDMAN SACHS

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Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.