North American Oil and Gas Production Analyst Job at DRW, Houston, TX

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  • DRW
  • Houston, TX

Job Description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

We are looking for an experienced North American Oil & Gas Production Analyst to join our team in Houston.

Responsibilities:
  • Maintain/improve the firm's existing North American oil & gas production model.
  • Interact with other on the analysis team to determine constraints on raw production forecast and tune expectations for the call on production.
  • Monitor and predict real-time production levels by producer to ensure model accurately reflects leading-edge reality.
  • Maintain our near-term and long-range activity forecasts at the producer level (rig counts/frac crews) leveraging producer disclosure and other data sources.
  • Take feedback from equity analysts within the firm regarding producer activity levels/trends and incorporate into the model in real-time.
  • Answer one-off requests from broader oil/gas trading groups in an effort to "go deeper" around topical oil/gas production issues/events.
  • Explore the use of incremental/new data sources that can improve our production modeling architecture.
  • Monitor/track producer earnings releases to leverage incremental disclosure and incorporate into model; stay up-to-date on industry trends regarding well productivity/drilling & completion efficiencies/producer behavior broadly.
Job Requirements:
  • 3-5 years covering US/Canadian oil & gas producers in either an equity research or macro commodity S/D analysis role.
  • Familiarity with industry standard production modeling tools (Enverus, Genscape, etc.).
  • Intermediate-level Python proficiency. Expert-level proficiency in Excel.
  • Willingness to interface/interact with equity analysts within the firm to ensure communication from producers is fully reflected in our forward production call.
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