{"schemaVersion":"jobsearcher.job.v1","id":"7c54cdce101c61466c6b8a2a","url":"https://jobsearcher.com/jobs/7c54cdce101c61466c6b8a2a","canonicalUrl":"https://jobsearcher.com/jobs/7c54cdce101c61466c6b8a2a","title":"Oil & Gas Petroleum Engineer/ SAM Associate III","description":"Oil & Gas Petroleum Engineer\nThis role serves as a technical subject matter expert (SME) within Bank of America Private Bank. It supports fiduciary, wealth management, and trust professionals by overseeing and evaluating oil and gas mineral interests, royalties, and non-operated working interests held on behalf of families, nonprofit organizations, endowments, foundations, and other institutional clients. The position focuses on asset oversight, valuation support, cash flow assurance, and risk management rather than direct field operations.\n\nResponsibilities\nAsset Oversight & Engineering Review\n\nEvaluate performance of royalty interests, overriding royalties, and non-operated working interests across conventional and unconventional assets.\n\nReview operator reports, joint interest billings (JIBs), production data, and development plans for accuracy, reasonableness, and compliance with agreements.\n\nMonitor drilling, completion, and recompletion activities on non-operated assets to ensure alignment with client objectives and fiduciary standards.\n\nReview and provide feedback on joint operating agreements, unitization agreements and farmout agreements.\n\nIdentify underperforming assets and operational or economic risks.\n\nInspect working interest operations on designated working interest assets and comment on environmental matters relating thereto. In appropriate cases, should be able to communicate with well operators for remediation of any environmental issues found.\n\nFinancial & Economic Analysis\n\nPerform engineering based economic evaluations, including decline curve analysis, reserves estimation, and cash flow forecasting.\n\nSupport asset valuation, portfolio benchmarking, and transaction analysis for acquisitions, divestitures, and estate planning.\n\nAnalyze capital expenditures, operating costs, and payout timing for non-operated interests.\n\nAssist trust and investment teams with distribution forecasting and budgeting tied to mineral income.\n\nPreparation of net income projections and fair market value appraisals (in-house or third party).\n\nRoyalty & Revenue Assurance\n\nValidate royalty payments, production volumes, pricing benchmarks, and post production deductions.\n\nIdentify and help resolve underpayments, overcharges, or operator discrepancies in coordination with legal and accounting partners.\n\nFiduciary & Client Support\n\nProvide technical explanations to relationship managers, trust officers, investment professionals, and clients in clear, non-technical language.\n\nPrepare written summaries, asset reviews, and board level or investment committee materials.\n\nSupport fiduciary decision making by assessing development options, operator proposals, and consent requests.\n\nOperator & Third Party Coordination\n\nAct as a technical liaison with operators, landmen, engineers, attorneys, and independent consultants.\n\nReview authorizations for expenditure (AFEs) and recommend consent or non-consent on non-operated interests.\n\nSupport audits, engineering reviews, and litigation support when needed.\n\nRequired Qualifications\n\n10+ years of experience in petroleum engineering, reservoir engineering, or asset evaluation.\n\nExperience with royalty and non-operated working interests strongly preferred.\n\nPrior exposure to mineral management, private wealth, trust, family office, or institutional portfolios a plus.\n\nProficient with PHDWin / ARIES reserve and economic software.\n\nProficient with well production data and GIS mapping tools (DrillingInfo/PRISM, Energy Domain, Well Database, etc.).\n\nDesired Qualifications\n\nPetroleum Engineering degree or other applicable engineering degree.\n\nReservoir engineering experience.\n\nLicensing as a Professional Engineer.\n\nSkills\n\nCollaboration\n\nDecision Making\n\nIssue Management\n\nPrioritization\n\nStrategic Thinking\n\nCritical Thinking\n\nCustomer and Client Focus\n\nOral Communications\n\nProject Management\n\nWritten Communications\n\nActive Listening\n\nAdaptability\n\nAnalytical Thinking\n\nContinuous Improvement\n\nInnovative Thinking\n\nMinimum Education Requirement\nHigh School Diploma / GED / Secondary School or equivalent\n\nShift\n1st shift (United States of America)\n\nHours Per Week\n4010+ years experience\n\n#J-18808-Ljbffr","company":"Hobbsnews","rawCompany":"hobbsnews","city":"Dallas","state":"TX","isRemote":false,"isActive":false,"createdAt":"2026-06-29T03:24:48.587Z","occupations":[{"code":"17-2171.00","title":"Petroleum Engineers","slug":"petroleum-engineers"},{"code":"17-2199.00","title":"Engineers, All Other","slug":"engineers-all-other"},{"code":"17-2151.00","title":"Mining and Geological Engineers, Including Mining Safety Engineers","slug":"mining-and-geological-engineers-including-mining-safety-engineers"}],"industries":[{"code":"213112","title":"Support Activities for Oil and Gas Operations","slug":"support-activities-for-oil-and-gas-operations"},{"code":"211120","title":"Crude Petroleum Extraction","slug":"crude-petroleum-extraction"},{"code":"213111","title":"Drilling Oil and Gas Wells","slug":"drilling-oil-and-gas-wells"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Oil & Gas Petroleum Engineer/ SAM Associate III","description":"Oil & Gas Petroleum Engineer\nThis role serves as a technical subject matter expert (SME) within Bank of America Private Bank. It supports fiduciary, wealth management, and trust professionals by overseeing and evaluating oil and gas mineral interests, royalties, and non-operated working interests held on behalf of families, nonprofit organizations, endowments, foundations, and other institutional clients. The position focuses on asset oversight, valuation support, cash flow assurance, and risk management rather than direct field operations.\n\nResponsibilities\nAsset Oversight & Engineering Review\n\nEvaluate performance of royalty interests, overriding royalties, and non-operated working interests across conventional and unconventional assets.\n\nReview operator reports, joint interest billings (JIBs), production data, and development plans for accuracy, reasonableness, and compliance with agreements.\n\nMonitor drilling, completion, and recompletion activities on non-operated assets to ensure alignment with client objectives and fiduciary standards.\n\nReview and provide feedback on joint operating agreements, unitization agreements and farmout agreements.\n\nIdentify underperforming assets and operational or economic risks.\n\nInspect working interest operations on designated working interest assets and comment on environmental matters relating thereto. In appropriate cases, should be able to communicate with well operators for remediation of any environmental issues found.\n\nFinancial & Economic Analysis\n\nPerform engineering based economic evaluations, including decline curve analysis, reserves estimation, and cash flow forecasting.\n\nSupport asset valuation, portfolio benchmarking, and transaction analysis for acquisitions, divestitures, and estate planning.\n\nAnalyze capital expenditures, operating costs, and payout timing for non-operated interests.\n\nAssist trust and investment teams with distribution forecasting and budgeting tied to mineral income.\n\nPreparation of net income projections and fair market value appraisals (in-house or third party).\n\nRoyalty & Revenue Assurance\n\nValidate royalty payments, production volumes, pricing benchmarks, and post production deductions.\n\nIdentify and help resolve underpayments, overcharges, or operator discrepancies in coordination with legal and accounting partners.\n\nFiduciary & Client Support\n\nProvide technical explanations to relationship managers, trust officers, investment professionals, and clients in clear, non-technical language.\n\nPrepare written summaries, asset reviews, and board level or investment committee materials.\n\nSupport fiduciary decision making by assessing development options, operator proposals, and consent requests.\n\nOperator & Third Party Coordination\n\nAct as a technical liaison with operators, landmen, engineers, attorneys, and independent consultants.\n\nReview authorizations for expenditure (AFEs) and recommend consent or non-consent on non-operated interests.\n\nSupport audits, engineering reviews, and litigation support when needed.\n\nRequired Qualifications\n\n10+ years of experience in petroleum engineering, reservoir engineering, or asset evaluation.\n\nExperience with royalty and non-operated working interests strongly preferred.\n\nPrior exposure to mineral management, private wealth, trust, family office, or institutional portfolios a plus.\n\nProficient with PHDWin / ARIES reserve and economic software.\n\nProficient with well production data and GIS mapping tools (DrillingInfo/PRISM, Energy Domain, Well Database, etc.).\n\nDesired Qualifications\n\nPetroleum Engineering degree or other applicable engineering degree.\n\nReservoir engineering experience.\n\nLicensing as a Professional Engineer.\n\nSkills\n\nCollaboration\n\nDecision Making\n\nIssue Management\n\nPrioritization\n\nStrategic Thinking\n\nCritical Thinking\n\nCustomer and Client Focus\n\nOral Communications\n\nProject Management\n\nWritten Communications\n\nActive Listening\n\nAdaptability\n\nAnalytical Thinking\n\nContinuous Improvement\n\nInnovative Thinking\n\nMinimum Education Requirement\nHigh School Diploma / GED / Secondary School or equivalent\n\nShift\n1st shift (United States of America)\n\nHours Per Week\n4010+ years experience\n\n#J-18808-Ljbffr","datePosted":"2026-06-29T03:24:48.587Z","dateModified":"2026-06-29T03:24:48.587Z","hiringOrganization":{"@type":"Organization","name":"Hobbsnews","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Dallas","addressRegion":"TX","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"7c54cdce101c61466c6b8a2a"},"url":"https://jobsearcher.com/jobs/7c54cdce101c61466c6b8a2a"}}