Senior Reservoir Engineer

MOL Group is looking for a Senior Reservoir Engineer with strong expertise in reservoir development and underground gas storage (UGS) to join our Subsurface team.

Senior Reservoir Engineer 

📍Location: Budapest, Hungary, Mol Campus (On-site)

🏢Department: MOL Upstream, Subsurface

🎥Get to know MOL:  MOL Group: Shape Tomorrow (youtube.com)

In this role, you will drive reservoir engineering activities across assets, delivering development and optimization proposals that create tangible value. You will play a key part in well test analysis, dynamic modelling, and production forecasting, supporting both oil & gas fields and UGS operations.

Key responsibilities

• Drive reservoir engineering studies and subsurface evaluations across assets

• Plan, coordinate and interpret well tests (PTA & RTA)

• Develop and maintain 3D dynamic reservoir models, including UGS systems

• Perform advanced reservoir analysis using:

o   well test interpretation

o   reservoir simulation

o   material balance

o   decline curve analysis

o   integrated network modelling

• Generate field development and optimization proposals
  (e.g. infill drilling, workovers, interventions)

• Support production forecasting and performance monitoring for active and idle assets

• Deliver documentation and technical reports
  (well test reports, FDPs, reserves/resources, internal reviews)

• Represent reservoir engineering in multidisciplinary project teams

• Collaborate closely with drilling, production, and facilities teams

Your profile

• MSc/BSc in Petroleum Engineering or related discipline
• 10+ years of experience in reservoir engineering
• Strong experience in:
  • reservoir modelling & simulation
  • well test engineering (PTA & RTA)
  • production analysis & forecasting
• Proven experience with Underground Gas Storage (UGS)
• Solid understanding of:
  • PVT
  • SCAL
• Confident user of industry software such as:
  • Kappa / PanSystem
  • Eclipse
  • tNavigator
• Familiarity with SPE-PRMS standards
• Ability to work independently and deliver end-to-end studies
• Strong communication skills in English (written & spoken)
• Team player mindset with proactive stakeholder engagement

Nice to have

• Experience in:
  • well completions / stimulation
  • artificial lift
  • surface facilities
• Hungarian language skills
• Experience leading or coordinating small project teams

Why join MOL Group?

• Work on complex international assets, including UGS and mature fields

• Be part of a highly skilled subsurface team

• Opportunity to drive real operational impact through optimization

• Stable company with strong regional footprint and long-term strategy

• Enjoy a competitive compensation and benefits package including:

o   Annual cafeteria allowance of 800,000 HUF

o   13th month salary (Christmas bonus)

o   Life and accident insurance throughout the entire employment period

o   Private health insurance with access to exclusive private healthcare services and annual medical screenings

At MOL Group, we know that our strength lies in diversity. During the selection process, we provide equal opportunities to all applicants with the appropriate qualifications and work experience, regardless of age, gender, disability, or reduced work capacity, sexual orientation, or ethnicity. At MOL Group, everyone matters.

If you have any specific needs related to your reduced work capacity at any stage of the recruitment process, please inform our recruitment team! We are happy to assist.