DRILLING ENGINEER (COST & BUDGET)
Job Title : DRILLING ENGINEER (COST & BUDGET)
Reference Code : OG-7002902
Drilling and completions
Primary purpose of job
Prepare and manage the Drilling & Completions (D&C) Department business plan and budget in line with the international industry standards, and QE policy requirements. Prepare D&C Department monthly, quarterly and annual reports as well as departmental KPl's. 1. Manage Drilling & Completions Department budget as per drilling sequence. Develop AFE's in respect of Capital Well Costs and link through appropriate Well Base Structure (WBS) for budgeting and after work allocation processes. 2. Execute with Contracts and Operations Engineers all Drilling and Completions Department contracts with special emphasis on contract value, variations and/or any other changes, then reflect them in the AFE's to provide inputs for contract variation requirements, fulfilling contractual obligations and processing Contract close-out documentations including Statement of Final Account (SFA). 3. Assist Operations Engineers in the preparation of SAP ROs, SESs, and material call offs for all Contracts activities. 4. Investigate technical and operational issues related to Drilling & Completions Department's contractors claims ensuring all billed items are correct and in accordance with Drilling & Completion department contracts. Provide solution to all problems arising processing the claims. 5. Review daily drilling reports for jobs performed in conjunction with Operations Engineers. Verify items on day-to-day technical/operations activities vs. budget and contracts for better cost control. 6. Prepare the Drilling & Completions Department Monthly, Quarterly and Annual reports, covering activities from all Drilling & Completions' section in order to update management on operational and cost performance of the department. 7. Collaborate with Drilling Operations Engineers to provide input for final well reports and other reports, as required. 8. Prepare Drilling & Completions Department annual objectives and performance targets in collaboration with all Drilling and Completions Department Sections. Monitor and update the Drilling and Completions Department KPls and issue related scorecard to evaluate the department performance. 9. Verify year-end fiscalisation of wells activities to ensure proper allocation, identification and depreciations. 10. Lead and direct Technical/Clerical Staff for issuing monthly/yearly accruals and liaises with all projects operations engineers to systemize all executed tickets for optimum accuracy of accruals report.
Experience & Skills
• Minimum 10 years experience in drilling and operations engineering including: o 4 years field experience as drilling operations supervisor o 2 years experience in drilling activity management o 2 years in business planning & budgeting o 2 years in drilling contracts management
• B.Sc. in Petroleum Engineering or related Engineering Discipline plus extensive petroleum industry courses. • Fluent in written and spoken English language. • Strong analytical and communication skills together with excellent computer literacy.
- Business Planning
- Claim Processing
- Computer Literacy