Drilling Engineer at Formentera Partners LP

Austin, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Jun, 26

Salary

0.0

Posted On

28 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Drilling Operations Optimization, Drilling Program Design, Casing Design, Wellhead Systems, Directional Planning, Drilling Fluid Systems, Cement Design, Drilling Techniques, Budget Management, Data Analysis, Technical Communication, Problem-Solving, Well Control Certification, Vendor Evaluation, Industry Trend Analysis, Technical Reporting

Industry

Financial Services

Description

Title/Location – Drilling Engineer – Austin, TX (in-office) Summary: In this role, the Drilling Engineer will play a pivotal role in optimizing drilling operations across various basins. Additionally, leverage your 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. Core engineering work to include, but not limited to, 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. Key Competencies: * Candidates should have strong technical communication skills. * Ability to work independently to perform specific drilling tasks. * Work on cross-functional technical teams. * Interface with non-technical staff in a team setting; multi-disciplinary teamwork and communication is essential. Required Qualifications: * 5+ years of recent experience as a Drilling Engineer with a track record of working in multiple basins. * Bachelor’s degree in engineering (Mechanical, Petroleum, or related engineering field). * Proficiency in drilling software and tools including, but not limited to, Wellview, Compass / Wellplan (or equivalent), wellbore stability analysis, 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). Preferred Qualifications: * 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. Physical Requirements: * Requires prolonged sitting, some bending and stooping. * Occasional lifting up to 25 pounds. * Manual dexterity sufficient to operate a computer keyboard and calculator. Benefits: * Competitive Base Salary * Annual Bonus Eligibility * Comprehensive Benefits package including 100% employer paid health benefits + 401k w/match. Benefits: * Competitive Base Salary * Annual Bonus Eligibility * 100% Employer covered health insurance premiums. * 401K with 4% employer match About Us: Formentera Operations LLC is the operator for Formentera Partners, which is 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. We seek people who are not only exceptional within their own skills and aptitudes but who also care deeply about supporting each other’s growth and 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. 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. Notice to Third Party Agencies: Please note that Formentera does not accept unsolicited resumes from recruiters or employment agencies. Without a signed recruitment services agreement, Formentera will not consider or agree to payment of any referral compensation or recruiter fee. If a recruiter or agency submits a resume or candidate without a previously signed agreement, Formentera explicitly reserves the right to pursue and hire those candidates without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring manager(s), are deemed to be property of Formentera. NOTE: Formentera is not able to consider candidates requiring Visa sponsorship at this time.

Responsibilities

The Drilling Engineer will be responsible for developing, planning, and overseeing vertical and horizontal drilling programs across multiple basins, focusing on core engineering tasks like casing design and directional planning. This role also involves monitoring budgets, analyzing drilling data for improvements, and ensuring all operations adhere strictly to safety and environmental regulations.