Drilling Cost Controller in Lagos, Nigeria

at WTS Energy

Oil & Gas / Mining
Minimum Qualification
Required Experience
10 - 15 years
Employment Type
Full Time
Male or Female

Job Description

  • For each Budget or PDC target, define with the drilling engineer the drilling planning & wells program leading to the drilling budget booklet
  • Provide to Manager Client`s Budget and Cost Control, Budget Brochure for Partners and NAPIMS purpose
  • Attend the different SUBCOMs for budget/performance defence/review with NAPIMS
  • Upload the budget or the PDC in UNISUP within set deadlines.
  • Promptly provide to the CLIENT`S Budget and Cost Control Manager, the updated Closure Forecast, main highlights, trend, area of concerns and cost/variance analysis not later than 3 days after Monthly Closure.
  • Produce on a monthly basis Cost Report to the Package and to CLIENT`S Budget and Cost Control Manager.
  • Update the Drillex EFC on a monthly basis and the LOP for main budget session.



  • Support to drilling team for daily well cost follow-up.
  • Prepare a cost booklet with the drilling engineer (list of contracts related to the drilling campaign, details of the daily fixed well cost, details of all contracts
  • Prepare AFE before start of drilling on a particular well. Prepare well cost input Well Location Report and End of Well Report for submission to DPR/NAPIMS.
  • In the P2P (Purchase to Pay) process, check the destination (WBS) and budget availability of the PO/PRs.
  • Organise regular cost review meetings with Budget Responsible to identify opportunities to improve budgetary control.
  • Review and issue the monthly Rig activity report to aid effective cost allocations between different operations.
  • Follow up stock reconciliation between quantities issued to wells and quantities actually consumed and the consequent stock reintegration.
  • Ensure monthly accruals are generated in the cost objects (WBS, cost centres etc) for Services/services already performed but yet to be invoiced using the UNISUP Scheduler/UNISUP Service Entry Sheets/Manual Accruals (following review with the operational managers to review the progress status of performed work). Also provide SKF for common cost allocation for monthly closures.
  • Follow-up service contract related to Drilling Package
  • Ensure proper commitments follow-up in UNISUP using the commitments report from the Business Warehouse to ensure that expenditures are in line with commitments and budgets
  • Make sure all the Cost Control processes are compliant with SOX (ABS) procedures.
  • Prepare monthly cash call for Drilling activities to enable call for funds from Partners.
  • Regular interface with Nigerian subsidiary for the follow-up of Project invoices payment and UNISUP functionality for cost control functions. Manage the RFS process within the package
  • Respond to queries raised by auditors (internal, partners etc), internal control, vendors etc.
  • Ensure the DOA within the package is in place



  • Ensure confidentiality is maintained
  • Assists hierarchy in ensuring good cost control practices with the aim of producing defendable budgets and performance figures.
  • Ensure good coordination with Contracts, Panning, other members of the package as well as the Deep-Water Organisation, Tech-Log and Cost Control CLIENT`S Central team


  • To fully comply with office security, health and safety instructions.
  • To stay vigilant and maintain continuous awareness of hazards and surroundings.
  • To report to Management on any issue they may face or observe and propose way of improvement.
  • To also take care of colleagues safety and behaviour without hesitating to intervene as much as necessary.
  • To give his own input and making sure the workplace is safe (obviously clean and tidy).
  • To fully comply with Security rules about Travelling in Nigeria



  • Bsc/HND or its equivalent in Social Science/Engineering with minimum of 10 years post qual. experience
  • Good analytical skill and knowledge of cost control tools such UNISUP (SAP), Business Warehouse, Microsoft Office Suites etc.
  • Good knowledge of the Oil & Gas business and good knowledge of drilling operations
  • Good communication and interpersonal skills
  • Good Accounting knowledge (Cost allocations, accruals etc


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