Senior Reservoir Engineer
Confirmed on the employer's own hiring board on Oct 25, 2026. First seen by Alion on Jun 4, 2026. MOL Group scores A on the Alion truth index.
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:
owell test interpretation
oreservoir simulation
omaterial balance
odecline curve analysis
ointegrated 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:
oAnnual cafeteria allowance of 800,000 HUF
o13th month salary (Christmas bonus)
oLife and accident insurance throughout the entire employment period
oPrivate 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.