• Expertini Resume Scoring: Our Semantic Matching Algorithm evaluates your CV/Résumé before you apply for this job role.
India Jobs Expertini

Portfolio Optimization Engineer Job Opening In Bengaluru – Now Hiring Chevron


Job description

Job Description


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:
  • Maintain and update Fair Market Value (FMV) tool with public transaction values.
  • Key insights review for 3rd party closed transactions.
  • Screen active permitting activity offsetting Chevron positions to highlight deal potential.
  • Key competitor acquisition target screening- high level assessment of competitor company value, upside potential, and possible synergies.
  • Initial inventory characterization for new discovered resources opportunities
  • Preliminary competitor basis of design (BOD) review for transaction areas, compared to existing knowledge of basin area wells and developments.


  • Non-Operated Joint Venture (NOJV) Management:


  • 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.
  • 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 and evergreen key attribute updates.

    Maintain opportunity catalog schedule based on daily reports received from operators.
  • Perform lookback analysis on wells assessed and actual results.
  • Perform lookback analysis on wells transacted or non-consented / non-participation and confirm decision quality.
  • Leverage lookback analysis in future AFE assessments in terms of forecast reliability (ranges), capital spend (ranges), and schedule adherence.
  • Assist with inventory cleanup/strategic plan alignment and whether individual well decisions align with strategic plans.

  • Assist with Operator intelligence/activity changes/earnings call insights on quarterly basis.

    Compare Operator profiles with Chevron and identify Operators that excel in key benchmarks.
  • Technical and Economic Analysis:
  • Conduct requested technical assessments and economic evaluations of shale and tight assets.
  • Utilize reservoir engineering and production data to support decision-making processes.
  • Expert in evaluating AFEs for economics performance.
  • Collaboration and Communication:
  • Work closely with cross-functional teams, including geoscience, drilling, and production, to ensure integrated asset management.
  • Communicate effectively with internal teams to enable external stakeholders’ engagements, providing updates on portfolio performance and strategic initiatives.


Required Qualifications

  • Education: Bachelor’s degree in petroleum engineering or a related field.
  • Experience: 5-10 years of experience in reservoir engineering or asset management, with a focus on shale and tight formations preferred.
  • Skills:
  • Strong technical skills in reservoir engineering and economic analysis.
  • Proficiency in AFE evaluations and portfolio management.
  • Excellent communication and internal stakeholder engagement.


Preferred Qualifications

  • Minimum 7 years of experience in the oil and gas industry, particularly in shale and tight asset management.
  • Familiarity with Tools: Experience with industry-standard software for economic analysis.


Selection Criteria

  • Technical and Business acumen: Demonstrated expertise in reservoir engineering and economic evaluation for shale and tight assets.
  • Leadership: Ability to lead project initiatives and influence cross-functional teams.
  • Align & Inspire: Proven ability to align efforts with strategic objectives and inspire collaboration among partners.
  • Build Relationships: Strong interpersonal skills to build and maintain effective relationships with partners and stakeholders.
  • Grow Capabilities: Commitment to continuous learning and development, both personally and within the team.
  • Deliver Results: Track record of delivering results through effective management and strategic planning.

Required Skill Profession

Business Operations Specialists


  • Job Details

Related Jobs

Clarity Consulting hiring Portfolio Risk and Pricing Optimization Leader Job in Bengaluru, Karnataka, India
Clarity Consulting
Bengaluru, Karnataka, India
Hitachi Rail hiring Optimization Engineer Job in Chennai, Tamil Nadu, India
Hitachi Rail
Chennai, Tamil Nadu, India
Hitachi Rail hiring Optimization Engineer Job in Chennai, Tamil Nadu, India
Hitachi Rail
Chennai, Tamil Nadu, India
Confidential hiring Senior Portfolio Manager/ Portfolio Manager Job in Chennai, Tamil Nadu, India
Confidential
Chennai, Tamil Nadu, India
Resource Algorithm hiring Process Optimization Engineer Job in Jhagadia, Gujarat, India
Resource Algorithm
Jhagadia, Gujarat, India
Capgemini hiring Journey Optimization Engineer Job in Bengaluru, Karnataka, India
Capgemini
Bengaluru, Karnataka, India
Specta Quartz Surfaces hiring Process Optimization Engineer Job in India
Specta Quartz Surfaces
India
OIL FIELD INSTRUMENTATION hiring DRILLING OPTIMIZATION ENGINEER Job in Mumbai, Maharashtra, India
OIL FIELD INSTRUMENTATION
Mumbai, Maharashtra, India
KPIT hiring DSP Optimization Engineer Job in Bengaluru, Karnataka, India
KPIT
Bengaluru, Karnataka, India
Daten Technology Solutions hiring Performance Optimization Engineer Job in Industrial Area, Uttar Pradesh, India
Daten Technology Solutions
Industrial Area, Uttar Pradesh, India
QualiZeal hiring Prompt Optimization Engineer Job in Hyderabad, Telangana, India
QualiZeal
Hyderabad, Telangana, India
Chemplast Sanmar Limited hiring Process Optimization Engineer Job in Hosur, Tamil Nadu, India
Chemplast Sanmar Limited
Hosur, Tamil Nadu, India
SID Global Solutions hiring Database Optimization Engineer Job in India
SID Global Solutions
India
ACL Digital hiring Process Optimization Engineer Job in India
ACL Digital
India
D2 International hiring Process Optimization Engineer Job in Kolkata, West Bengal, India
D2 International
Kolkata, West Bengal, India
Jade Global hiring LLM Optimization Engineer Job in Hyderabad, Telangana, India
Jade Global
Hyderabad, Telangana, India
OIL FIELD INSTRUMENTATION hiring DRILLING OPTIMIZATION ENGINEER Job in Mumbai, Maharashtra, India
OIL FIELD INSTRUMENTATION
Mumbai, Maharashtra, India
KPIT hiring DSP Optimization Engineer Job in Bengaluru, Karnataka, India
KPIT
Bengaluru, Karnataka, India
CirrusLabs hiring Gurobi optimization engineer Job in India
CirrusLabs
India
ASE Structure Design Pvt Limited hiring Portfolio Manager Job in India
ASE Structure Design Pvt Limited
India
Fionics hiring Portfolio Manager Job in Mumbai, Maharashtra, India
Fionics
Mumbai, Maharashtra, India
IDFC FIRST Bank hiring Portfolio Manager Job in Bengaluru, Karnataka, India
IDFC FIRST Bank
Bengaluru, Karnataka, India
Equirus hiring Portfolio Manager Job in Mumbai, Maharashtra, India
Equirus
Mumbai, Maharashtra, India
Acentra Health hiring Portfolio Manager Job in Hyderabad, Telangana, India
Acentra Health
Hyderabad, Telangana, India
AAA Global hiring Portfolio Manager Job in Mumbai, Maharashtra, India
AAA Global
Mumbai, Maharashtra, India
Equirus hiring Portfolio Manager Job in Mumbai, Maharashtra, India
Equirus
Mumbai, Maharashtra, India
RX Global hiring PORTFOLIO DIRECTOR Job in India
RX Global
India
AAA Global hiring Portfolio Manager Job in India
AAA Global
India
Integrated Personnel Services Limited hiring Portfolio Manager Job in Delhi Division, Delhi, India
Integrated Personnel Services Limited
Delhi Division, Delhi, India

Unlock Your Portfolio Optimization Potential: Insight & Career Growth Guide


Real-time Portfolio Optimization Jobs Trends (Graphical Representation)

Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for Portfolio Optimization in Bengaluru, India, highlighting market share and opportunities for professionals in Portfolio Optimization roles.

10713 Jobs in India
10713
723 Jobs in Bengaluru
723
Download Portfolio Optimization Jobs Trends in Bengaluru and India

Are You Looking for Portfolio Optimization Engineer Job?

Great news! is currently hiring and seeking a Portfolio Optimization Engineer to join their team. Feel free to download the job details.

Wait no longer! Are you also interested in exploring similar jobs? Search now: .

The Work Culture

An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Chevron adheres to the cultural norms as outlined by Expertini.

The fundamental ethical values are:

1. Independence

2. Loyalty

3. Impartiapty

4. Integrity

5. Accountabipty

6. Respect for human rights

7. Obeying India laws and regulations

What Is the Average Salary Range for Portfolio Optimization Engineer Positions?

The average salary range for a varies, but the pay scale is rated "Standard" in Bengaluru. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

What Are the Key Qualifications for Portfolio Optimization Engineer?

Key qualifications for Portfolio Optimization Engineer typically include Business Operations Specialists and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

How Can I Improve My Chances of Getting Hired for Portfolio Optimization Engineer?

To improve your chances of getting hired for Portfolio Optimization Engineer, consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

Interview Tips for Portfolio Optimization Engineer Job Success

Chevron interview tips for Portfolio Optimization Engineer

Here are some tips to help you prepare for and ace your Portfolio Optimization Engineer job interview:

Before the Interview:

Research: Learn about the Chevron's mission, values, products, and the specific job requirements and get further information about

Other Openings

Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

Dress Professionally: Choose attire appropriate for the company culture.

Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

During the Interview:

Be Punctual: Arrive on time to demonstrate professionalism and respect.

Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

Follow Up: Send a thank-you email to the interviewer within 24 hours.

Additional Tips:

Be Yourself: Let your personality shine through while maintaining professionalism.

Be Honest: Don't exaggerate your skills or experience.

Be Positive: Focus on your strengths and accomplishments.

Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

Turn Off Phone: Avoid distractions during the interview.

Final Thought:

To prepare for your Portfolio Optimization Engineer interview at Chevron, research the company, understand the job requirements, and practice common interview questions.

Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Chevron's products or services and be prepared to discuss how you can contribute to their success.

By following these tips, you can increase your chances of making a positive impression and landing the job!

How to Set Up Job Alerts for Portfolio Optimization Engineer Positions

Setting up job alerts for Portfolio Optimization Engineer is easy with India Jobs Expertini. Simply visit our job alerts page here, enter your preferred job title and location, and choose how often you want to receive notifications. You'll get the latest job openings sent directly to your email for FREE!