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Drilling Cost Engineer

  • Job reference: 925504
  • Location: Aberdeen
  • Salary: Negotiable
  • Job type: Contract
  • Sector: Office & Commercial
  • Date posted: 16/05/2019

We are seeking an experienced Cost Engineer with a good working knowledge of costing and reconciliation within a Drilling and Wells environment.

You will ideally have:
Immediate availability for a period of c 6 months (possibly longer)
Have experience of Cost Engineering within a Drilling/Wells environment

Responsibilities will include:
Produce forecast financial data required for the creation of planning of AFEs and Well Cost Estimates for all Well Activity in co-ordination with all Well Engineering disciplines.
Act as financial monitor and reviewer of all AFEs issued to clients including all supplements and revisions.
Create and operate a detailed cost tracking model to calculate the value of work done during all well activities, working closely with Well Engineering Team, Logistics and Commercial depts.
Ensure client has a full understanding and provision of appropriate documentation substantiating VOWD estimates and Estimated Final Costs.
Providing an ongoing (daily) cost management role, detailing all charges to the well with particular emphasis on a projected overspend and effective audit presentation of costs.
Contract compliance and review of all operational third party supplier invoices.
Call off reviews + monitor of actual expenditure against call offs and contracts prompting timely revisions as required.
Main point of contact for all client and vendor financial queries.
Well reconciliation and cost analysis dependent on client requirements
Latest Well Forecast v AFE / Estimated Final Cost Analysis / Ad hoc variance analysis
Audit co-ordination of all client audit requirements.


If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference 925504


Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.

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