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Bank of America Oil and Gas Petroleum Engineer - SAM Associate III in Dallas, Texas

Oil and Gas Petroleum Engineer - SAM Associate III

Dallas, Texas

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

Manages most advanced & complex portfolio within a given segment of specialty assets, i.e., the real estate, oil & gas, farm & ranch, timberland and private businesses group. Partners closely with Private Bank relationship/client managers - provides creative solutions to complex customer/asset needs. Provides engineering, geological and other technical advice and recommendations as part of the Bank of America Mineral Management team.

Job Responsibilities include:

  • Preparation of net income projections and fair market value appraisals (in-house or third party);

  • Proficient with utilizing PHDWin reserve and economic software, excellent Microsoft Office skills, presentation skills and communication skills;

  • Review joint interest billings;

  • Review authority for expenditures (AFEs) and provide election recommendations and consultation with assigned asset managers; knowledge base requires field experience including drilling, completion and production operations;

  • Review and provide feedback on joint operating agreements, unitization agreements and farmout agreements;

  • Ability to inspect working interest operations on designated working interest assets and comment on environmental matters relating thereto. In appropriate cases, should be able to communicate with well operators for remediation of any environmental issues found;

  • Must work closely with other professionals (in-house and third party engineering firms) to deliver top-tier asset management services for clients and team.

Required Qualifications:

  • 10+ years of related field experience

  • Exploration and production experience with a major or independent oil company

  • Proficient with PHDWin reserve and economic softwareand Enverus’ multiple data platforms

  • Familiarity and proficient gathering information from various state oil and gas agenciesin order to make well-qualified decisions and recommendations on AFEs and building material for client presentations

  • Excellent presentation skills with an ability to explain complex subject matter in a clear and concise manner to clients who may not be as familiar with the Energy industry

  • Strategic thinker who is a team player, self-starter, and strong communicator

Desired Qualifications:

  • Petroleum Engineering degree or other applicable engineering degree

  • Reservoir engineering experience

  • Licensing as a Professional Engineer

Skills:

  • Collaboration

  • Decision Making

  • Issue Management

  • Prioritization

  • Strategic Thinking

  • Critical Thinking

  • Customer and Client Focus

  • Oral Communications

  • Project Management

  • Written Communications

  • Active Listening

  • Adaptability

  • Analytical Thinking

  • Continuous Improvement

  • Innovative Thinking

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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