Job#: 3023855 Job Description: Cost Engineer
Location: Spring, Texas (Onsite)
Employment Type: Contract
Role Overview
The Cost Engineer will serve as the subject matter expert in unconventional oil and gas completions cost details. This role is responsible for establishing and implementing annual budget guidance, providing support and consultation to the execution team, and performing cost and budgetary analysis. This individual must be a self-starter with project execution experience utilizing project controls and budgetary systems, and will support stim and post-stim operations.
Key Responsibilities
- Develop and continually improve budgeting, financial projections, and capital forecasts.
- Develop financial models and analyze them to support strategic initiatives.
- Provide leadership and strategic thinking to projects, including planning, cost estimating, contracting, and tracking.
- Manage capital cost forecasting and AFE creation software (PLEX), owning standard configurations and item rates.
- Support Execution Planning & Performance and Well Delivery and Well Servicing teams with data-driven analysis.
- Prepare and present regular financial reports on capital projects.
- Analyze trends of Key Performance Indicators (KPIs) and monitor for variances.
- Collaborate with finance and accounting teams to ensure accurate cost allocation and tracking of capital expenditures.
- Develop and maintain effective relationships with business partners and cross-functional teams.
Required Qualifications
Education: A Bachelor's Degree in Engineering, Business, or a related field is required.
Experience: A minimum of three (3) years of experience in a technical engineering role supporting stim and post-stim operations is required. Experience in unconventional oil and gas field execution (drilling, completions, operations, or facilities) is also required.
Technical Skills:- Knowledge of PLEX or other industry-standard cost engineering software, such as Oracle Primavera Unifier or P6.
- Familiarity with financial systems and tools such as ERP systems, WellView, or Siteview.
- Proficiency with Microsoft Excel, Word, and PowerPoint.
Preferred Qualifications
- Proficiency in data visualization tools such as Spotfire or Power BI, with the ability to create visually compelling and interactive dashboards.
Compensation & Benefits
The pay rate for this position is between $80.00 and $90.00 per hour. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation will be determined based on factors including but not limited to background, knowledge, skills, and abilities.
We are an equal opportunity employer and welcome applications from all qualified candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Apex uses a virtual recruiter as part of the application process. Click for more details.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Benefits Department at or .
Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico. Apex uses a virtual recruiter as part of the application process. Click for more details.
Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.