Portfolio and NOJV Engineer
The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru India brings together the resources and expertise of the Chevron global network with talent in India to enhance agility and technological innovation to optimize solutions for the world’s current and future energy challenges. As one of the leading energy providers worldwide, Chevron is involved in the production of crude oil and natural gas, manufacturing of transportation fuels, lubricants, petrochemicals, and additives, and the development of enabling technologies.
Chevron's vision is to be the global energy company most admired for its people, partnerships, and performance. With a clear purpose to develop affordable, reliable, ever-cleaner energy that enables human progress, we believe human ingenuity has the power to solve any challenge and overcome any obstacle. Meeting the world’s growing energy needs requires the pursuit of innovations and advancements that deliver a better future for all.
about the position
Chevron ENGINE has an exciting opportunity for a position title to join the function team. Reporting to the supervisor’s position title, this role will be based in Chevron’s office in Bengaluru.
Chevron ENGINE supports global operations, and work hours are aligned to business needs. Standard working hours are 8:00 AM to 5:00 PM or 1:30 PM to 10:30 PM, Monday to Friday. These may evolve based on operational or business requirements.
The Portfolio and Non-Operated Joint Venture (NOJV) Engineer will play a critical role in managing and optimizing our portfolio of NOJV assets, ensuring alignment with strategic objectives and maximizing returns. The successful candidate will provide insights and recommendations on optimal development strategy based on type curve, depletion effects, and costs.
Key responsibilities
Portfolio Management:
o Maintain and update Fair Market Value (FMV) tool with public transaction values
o Key insights review for 3rd party closed transactions
o Screen active permitting activity offsetting Chevron positions to highlight deal potential
o Key competitor acquisition target screening- high level assessment of competitor company value, upside potential, and possible synergies
o Initial inventory characterization for new discovered resources opportunities
o Preliminary competitor basis of design (BOD) review for transact areas, compare to existing knowledge of basin area wells and developments
Non-Operated Joint Venture (NOJV) Management:
o Upload key partner data received in flat file to aid in technical analysis of Operator or Authorization for Expenditure (AFE) requests. Establish and maintain status tracker of backlog and progress of data uploading
o Timely evaluation of NOJV AFEs for initial economic screening with clearly documented workflow assumptions for Capital, Net Revenue Interest (NRI), Production forecasting (bench/interval and gunbarrel), Opex, and price deck (Decision Support package expectations to be communicated).Maintain status updates on AFE tracker for AFEs under review, include weekly updates and evergreen key attribute updates. Maintain opportunity catalog schedule based on daily reports received from operators.
o Perform lookback analysis on wells assessed to participate and actual results.Perform lookback analysis on wells transacted or non-consented / non-participation and whether that was a good decision
o Leverage lookback analysis in future AFE assessments in terms of forecast reliability (ranges), capital spend (ranges), and schedule adherence
o Assist with inventory cleanup/strategic plan alignment and whether individual well decisions align with strategic plans.
o Assist with Operator intelligence/activity changes/earnings call insights reporting quarterly. Assist in operator profiles compared with Chevron and who excels in key benchmarks.
Technical and Economic Analysis:
o Conduct requested technical assessments and economic evaluations of shale and tight assets.
o Utilize reservoir engineering and production data to support decision-making processes.
o Expert in evaluating AFEs for economics performance.
Collaboration and Communication:
o Work closely with cross-functional teams, including geoscience, drilling, and production, to ensure integrated asset management.
o Communicate effectively with internal teams to enable external stakeholders engagements, providing updates on portfolio performance and strategic initiatives.
About you
We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated, talented individuals with a keen interest in the energy industry are encouraged.
To be considered for this role, applicants should have:
- Education: Bachelor’s degree in Petroleum Engineering, Geoscience, or a related field.
- Experience: Minimum 5-10 years of experience in reservoir engineering or asset management, with a focus on shale and tight formations preferred.
Skills:
o Strong technical skills in reservoir engineering and economic analysis.
o Proficiency in AFE evaluations and portfolio management.
o Excellent communication and internal stakeholder engagement.
What we can offer you
Everything we do at Chevron is guided by our values and our commitment to The Chevron Way.
Have the opportunity to take part inworld-leading energy projects, advance your professional development and expand your career within an inclusive and collaborative workplace.
Join a workplace where innovation, collaboration and safety are at the core of how we work.
Work in thoughtfully designed environments that support focus, well-being, and innovationenhanced by digital tools that enable seamless collaboration.
Grow through structured learning, mentorship, and opportunities to contribute to impactful projects that align with Chevron’s values and business priorities.
Access comprehensive benefits that support your health, well-being, and work-life balance.
Engage with emerging technologies and digital solutions that are shaping the future of energy and enterprise.
diversity, equity & inclusion statement
Chevron values inclusivity and promotes a workplace that seeks to welcome contributions from all people. We encourage people of all abilities, genders, cultures, and backgroundsto apply.
Chevron is committed to building a safe and respectful workplace where everyone is valued for their contribution to our energy future.
Chevron participates in E-Verify in certain locations as required by law.
how to apply
To be a part of our success, click APPLY to submit your application. Applications close at xx:xxpm AWST on DayMonth Year.
Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.
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Please access the Global Application Statements, select the country where you are applying for employment. By applying, you acknowledge that you have read and agree to the country specific statement.
“ENGINE” refers to the Chevron Engineering and Innovation Excellence Center, which operates under Chevron Global Technology and Services Private Limited, an affiliate of Chevron Corporation. References to ENGINE in this document are for convenience only and do not denote a separate legal entity.
This job advertisement is intended to provide a general overview of the role and workplace environment. Role details and outcomes may vary based on business needs and individual performance.
Chevron participates in E-Verify in certain locations as required by law.
Bengaluru, Karnataka
Privacy and Terms and Conditions
We respect the privacy of candidates for employment. This Privacy Notice sets forth how we will use the information we obtain when you apply for a position through this career site. If you do not consent to the terms of this Privacy Notice, please do not submit information to us.
Please access the Global Application Statements, select the country where you are applying for employment. By applying, you acknowledge that you have read and agree to the country specific statement.
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