Drilling Cost Engineer (Oil and Gas) (Position Closed)

Job Title Drilling Cost Engineer
Location Warri, Delta
Reports To Internal Management and Accounts Team
Job Purpose To prepare and manage the Drilling & Completions (D&C) Department operational business plan and budget execution in line with the international industry standards. Prepare all D&C Department monthly, quarterly and annual reports as well as departmental KPIs.
  • Oversees the production of drilling costs for the Drilling and management team
  • Verifies invoices, which includes coding, contract compliance, checking against commitment, budget levels
  • Provides operational supervision to Accounts Payable Analyst for resolving complex dispute invoices, by close interaction with drilling team and vendors
  • Organizes and participates in regular Inventory/stock checks at all locations where stock is held (including third party storage)
  • Responsible for supervising the operation of the company’s integrated project cost control systems and all other applications relevant to the cost function
  • Responsible for preparing and make presentations to partners, management and project personnel on current project cost control methods and procedures
  • Supporting the drilling teams in formulating budgets for both corporate and external budget cycles.
  • Assisting the drilling department with the preparation of Authorizations for Expenditure (“AFEs”), particularly as regards developing realistic cost estimates for activity line items within each AFE.
  • Lead internal and external client reporting for multiple projects.


Personal Specifications Academic Qualification Professional Qualification Experience
 B.Sc. in Petroleum Engineering or related Engineering Discipline plus extensive petroleum industry courses. Project Management Minimum of 5 years in drilling Operations, well cost/well planning /well contract
Skills and Competencies ·       Excellent understanding of well operations, drilling contractor and rig activities

·       Excellent oral communication skills

·       Excellent knowledge of Drilling and completion services

·       Excellent use of MS Excel and associated applications/macros

·       Excellent use of other applicable cost management soft wares