Reservoir Engineer, Production Forecasting – Reserves

Fervo Energy

. Build and maintain production forecasts across the portfolio to support long-term planning, capital allocation, and corporate strategy .

Posted 9/25/2026full-timeGolden • Colorado • United StatesMid-LevelSenior💰 $140,000 - $200,000 per yearWebsite

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Build and maintain production forecasts across the portfolio to support long-term planning, capital allocation, and corporate strategy
Develop and update type curves and decline/analytical models calibrated to observed field performance
Translate reservoir performance and subsurface uncertainty into probabilistic forecast ranges (P10/P50/P90) for planning and budgeting cycles
Maintain the long-range plan (LRP) production forecast in coordination with Development and Corporate Finance
Partner with Corporate Finance to translate reservoir forecasts into cash flow models, capital plans, and investor-facing materials
Support financing processes, including debt/equity raises and project finance, with technical forecast inputs and asset-level due diligence
Conduct economic evaluations of new prospects, development scenarios, and capital projects, including NPV, IRR, payback, and sensitivity analysis
Support investment decisions with integrated technical and economic risk assessment across the portfolio
Evaluate development, completion, and injection strategy alternatives for capital efficiency and returns
Deliver clear economic recommendations to asset teams and leadership to guide portfolio prioritization
Own and maintain recoverable resource and Heat-in-Place (HIIP) estimates
Promote consistent forecasting, evaluation, and reserves methodologies across projects
Support development and standardization of geothermal recovery and resource evaluation methods
Collaborate with Finance, Development, Reservoir, asset, and Executive teams
Contribute to transparency, consistency, and continuous improvement across the portfolio
Operate independently and reliably in remote settings while adapting to shifting priorities, new data, and evolving planning cycles

Requirements

What you’ll need

B.S. in Engineering (Petroleum, Mechanical, Chemical, or related discipline)
5+ years of experience in reservoir engineering, reserves evaluation, or production forecasting; advanced degree may be considered in lieu of experience
Strong understanding of decline curve analysis, type curve development, and production forecasting workflows
Experience with reserves estimation and reporting standards (e.g., SPE-PRMS)
Experience building economic models (NPV, IRR, cash flow) and sensitivity/scenario analyses
Strong financial modeling skills (advanced Excel) and familiarity with reservoir forecasting or simulation tools
Ability to assess subsurface and forecast uncertainty and communicate risk clearly to financial and executive audiences
Strong analytical, synthesis, and communication skills
Preferred: Experience in geothermal reservoir engineering, enhanced geothermal systems (EGS), or unconventional resource development
Preferred: Experience supporting Corporate Finance, FP&A, investor relations, or capital markets processes
Preferred: Experience with third-party reserves audits or certification processes
Preferred: Familiarity with fracture-dominated or thermally driven systems
Preferred: Programming/scripting skills (e.g., Python) for forecasting automation and data analysis
Preferred: Ability to translate detailed technical analysis into executive-level summaries

Benefits

Comp & perks

Medical insurance
Dental insurance
Vision insurance
Life insurance
Short-term disability
Long-term disability
Flexible paid time off
Paid parental leave
Incentive stock options program
Bonus incentive program
401(k) plan with employer match