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Drilling & Completions Cost Engineer

  • Job reference: 913994
  • Location: Houston, Texas
  • Salary: Negotiable
  • Job type: Contract
  • Sector: Oil & Gas
  • Date posted: 28/04/2017


  • Establish and maintain work breakdown structure and associated coding to control, forecast and report D & C costs
  • Ensure that structure is compatible with project requirements and standards
  • In conjunction with the D & C team, establish the baseline budget based on the approved project estimate; generate basis of estimate documentation and obtain management approval
  • Create a master cost book from P.O.'s, contracts etc. which can be used for generating well estimates.
  • Establish baseline monthly VOWD estimate based on project schedule and daily rig reports
  • Establish schedule for generating D & C AFE's based on the project schedule; coordinate assembly, review and approval of AFE's including presentation documentation
  • Establish project specific procedures for tracking and forecasting D & C costs including change control
  • Interface with: Finance, Supply Chain; contracts / PO's, invoice coding, SAP processing
  • Functional D & C; estimating and benchmarking
  • During drilling operations, participate in daily rig calls and provide timely notification of potential over/under runs
  • Generate monthly cost reports and VOWD forecasts with supporting assumptions and documentation; provide updated forecasts for future months and for overall AFE's.
  • Conduct monthly cost and change reviews with D & C teams and issue reports with variance analysis; provide approved information to Senior Cost Engineer for production of overall monthly cost reports
  • Produce ad-hoc reports and presentations on cost and change data that may be required by the D & C and Project Teams
  • Prepare and maintain log for contractor and vendor invoices and ensure that these are properly cost coded and checked prior to approval by the responsible party
  • Review and audit contractors cost management procedures and reports
  • Provide input to Project and D & C closeout report

Experience / Education:

  • Minimum 10 years project control experience
  • Embedded in an Operators Team during the execution of at least one offshore D&C campaign
  • Bachelor's Degree in Business, Engineering or a Project Controls related subject
  • Fully proficient in MSWord, Excel and PowerPoint
  • Working knowledge of Wellview, SAP and Finance systems
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