Well Cost Control Consultant

Position Overview

• We are seeking a highly skilled Well Cost Control Consultant to join our team.
• The ideal candidate will play a crucial role in managing and optimizing the financial aspects of our well operations.
• This position offers the opportunity to work in a dynamic environment and contribute to the success of our projects.

Key Responsibilities

• Develop and maintain comprehensive cost control procedures for well operations, ensuring adherence to budgetary constraints and financial targets.
• Perform cost analysis for drilling operations, including well construction, equipment rental, personnel expenses, and other related costs.
• Collaborate with project managers, engineers, and procurement teams to accurately forecast costs and identify potential cost-saving opportunities.
• Monitor expenditures throughout the project lifecycle, analyzing variances and implementing corrective actions as necessary.
• Review contracts, invoices, and vendor agreements to verify accuracy and compliance with contractual terms.
• Prepare regular reports and presentations on cost performance, providing insights and recommendations to management.
• Conduct periodic audits to ensure compliance with company policies, industry regulations, and best practices.
• Participate in project planning and risk assessment activities, contributing expertise in cost estimation and budget forecasting.
• Stay updated on industry trends, market conditions, and emerging technologies to enhance cost control strategies and improve efficiency.

Requirements

• Bachelor's Degree in Finance, Accounting, Engineering, or related field; Master's degree preferred.
• 8 - 10 years proven experience in cost control, financial analysis, or project management within the oil and gas industry.
• In-depth knowledge of well construction processes, drilling operations, and associated costs.
• Proficiency in cost estimation techniques, budgeting tools, and financial modeling software.
• Strong analytical skills with the ability to interpret complex data and identify key trends.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across multidisciplinary teams.
• Detail-oriented approach with a focus on accuracy and precision.