Overview job description

Provide regular full life cycle and incremental economic evaluation and associated analysis to the UK Business Unit in relation to pre- development, development and producing assets, and support exploration and A&D activities as and when required.  Key member of team charged with overseeing the delivery of Commercial and Non-Operated Assets Group objectives.

Main duties and responsibilities

• Collating data, prepare economic models with supporting documentation and provide variance analysis as part of the life of field production and development asset valuation process
• Interfacing with finance requirements for annual report.
• Ensuring the life of field economic spreadsheet models are maintained and are accurate and auditable for production and development phase assets.
• Ensuring preparation / prepare life of field models in the company’s economic software.
• Overseeing preparation of Development economics for screening and project decision gates.
• Assisting commercial staff in developing commercial solutions / negotiating positions
• Participating in the Economic peer review process as requested.
• Supporting the Exploration function by delivering economic analysis that supports the investment decision for exploration and appraisal activities.
• Preparing collated business unit figures for strategy / planning as required.
• Supporting A&D evaluation work on an ad-hoc / as required basis.

Applicants to this role require

• Degree in a technical, financial, or other relevant discipline / experience
• Experience in the upstream oil and gas industry
• Ideally, a comprehensive mix of technical knowledge, business and commercial awareness, and management and analytical skills
• A proven track record of providing economic analysis using techniques and software common to the industry
• Highly numerate and analytical
• Excellent problem solving skills.
• Professional presentation and communication skills
• Advanced Excel skills