Reserves & Business Plan Analyst in Lagos, Nigeria

at Neconde Energy Limited

Oil & Gas / Mining
Minimum Qualification
Bachelor's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female
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Job Description

·         Coordinate inputs for reserves update due to drilling activities, geological & reservoir studies and performance reviews, or changes in commercial scenarios.

·         Perform annual performance review of all producing wells in the block and provide a revised assessment of a range of developed reserves and undeveloped reserves

·         Maintain a robust database of oil, gas and associated liquids’ contingent resources

·         Manage the company’s reserves database and ensure it is  of integrity and figures are consistent with NNS standards

·         Coordinate and submit annual reserves report to regulatory authorities and joint venture partners

·         Work with external consultants and reserves certification agents to continuously improve the company reserves portfolio and manage data interface between company and external consultants on reserves

Business Plan and Forecasting

·         Coordinate the company’s business planning and forecasts by managing inputs from key stakeholders – operations, engineering, asset development, HR, Finance, etc.

·         Provide monthly business plan updates and provide performance dashboards of actuals vs. forecast.

·         Generate forecasts for operations, finance and business plans as may be required

·         Maintain a robust forecast and business plan that includes up-to-date inputs such as CAPEX, OPEX and fiscal tariffs.

·         Perform economic analysis of projects and provide economic indicators for management decisions

·         Liase with financing team to provide critical information necessary for financing models

·         Perform Decision Analysis on projects as required and provide results for management consideration

Key Competencies:

·         Must have sound petroleum engineering or geosciences background

·         Must have very good experience in petroleum economics

·         Must have a very strong reserves auditing or management experience

·         Very good understanding of upstream financial models

·         Very good background in Decision Analysis techniques

·         Reserves database management



Location: Delta, Lagos


   Expert in the use of spreadsheet software, experience in the use of modeling or forecasting software is a plus

·         Very good team player and collaborator

·         Excellent communication and presentation skills

Required Education and Experience:

Minimum 5+ years work experience in similar role.

Minimum BSc/B.Eng (Minimum second Class lower) in Engineering or Geosciences

MBA and added advantage


  Apply Now
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