Director, Corporate Reserves

Summary of Position:

This is a working manager position where the manager will supervise/perform corporate engineering work including the estimating and/or reviewing of reserves and production forecasts. He/she will assist in creating and directing processes for quarterly and year-end review including the process for detailed reconciliations. He/she will be an expert in the company on SEC guidelines for reserves and will supervise/perform technical studies to quantify unproved reserves and resources. He/she will work closely with the Asset Teams in gathering and analyzing appropriate data. This position is responsible for our reserves and SOX processes.

Primary Job Responsibilities:

• Lead the corporate reserves process, including mid-year and year-end evaluations, ensuring accurate classification and categorization of reserves in accordance with SEC and PRMS guidelines.
• Oversee and guide internal reserves engineering teams; collaborate with asset teams (geoscience, reservoir, production, and finance) to collect and validate technical and economic data inputs.
• Manage the third-party reserves audit process, ensuring transparency, consistency of assumptions, and proper documentation.
• Develop and maintain standardized reserves methodologies, workflows, and databases to support audit readiness and process efficiency.
• Direct SOX documentation and compliance efforts related to year-end reserves reporting.
• Coordinate with technical teams to integrate development and exploration programs into corporate reserves and resource models.
• Assist in the evaluation of reserves for acquisition and divestiture opportunities as needed, , including decline analysis, production forecasting, and full-cycle economic assessments.
• Assist with budget and long-range planning activities as requested at the corporate level
• Maintain corporate Aries database that captures the full suite of economic opportunities and work with the Finance team on NAV modeling and borrowing base redeterminations
• Assist Financial Accounting with quarterly Impairment and ad hoc Fair Market Value analyses
• Support corporate planning, budget forecasting, and capital allocation by providing strategic insights and reserves-related analysis.
• Assist in shaping operational strategies based on current and projected reserves development.
• Prepare and present reserves-related reports, forecasts, and recommendations to executive leadership, the board of directors, and investors.
• Ensure corporate reserves policies remain compliant with internal standards, industry best practices, and evolving regulatory requirements.
• Foster alignment between corporate and asset teams on reserves strategy, technical assumptions, and risk management.
• Ensure all work is conducted in compliance with CIVI safety, environmental, and regulatory requirements.
• Uphold and enforce company standards across all reserves activities.
• Perform other duties as assigned.

Knowledge/Skills/Competencies

• Deep understanding of SEC and PRMS reserves classification systems and documentation requirements.
• Proficiency in reserves and economic evaluation software such as ARIES, PHDWin, or similar.
• Prior leadership experience in a corporate reserves function or related technical oversight role.
• Familiarity with reserves reporting standards and multi-basin operations.
• Strong working knowledge of production forecasting, decline curve analysis, and probabilistic assessments.
• Demonstrated ability to drive standardization and continuous improvement across technical workflows.
• Strong analytical and communication skills with the ability to present complex technical concepts to executive and non-technical audiences.
• Exceptional project management skills and attention to detail.

Supervisory Responsibilities:

• Lead and mentor the reserves engineering team, setting clear goals and ensuring high-quality work.
• Oversee workload management, performance reviews, and professional development.
• Ensure compliance with company policies, technical standards, and regulatory requirements.
• Foster collaboration across departments to align on reserves strategy and execution.

Education & Experience:

• Bachelor's degree in Petroleum Engineering or related field; Master's degree or MBA is a plus.
• 15+ years of experience in upstream oil and gas, with at least 7 years focused on reserves management and reporting.
• Proven experience managing third-party reserves audits and leading multi-disciplinary technical teams.

Travel & Additional Requirements:

• Work Location: Work is performed at both field and office locations.
• Schedule: Traditional 40-hour workweek or an alternative schedule of 9-hour workdays Monday through Thursday and 4-hour workdays on Friday, as business needs allow and with manager approval.
• Travel required to the Civitas field locations.

• Civitas is a drug free workplace. All offers to successful candidates will be subject to successful background check and drug screen.

Benefits:

• Comprehensive healthcare coverage including medical, dental, and vision insurance.
• Dental and Vision insurance premiums are at no cost to employees.
• Generous 401(k) Retirement Plan with a 6% company match. 100% vest of employer contributions after the first month of employment.
• Company paid Life & AD&D insurance.
• Voluntary Life, AD&D, Accident, and Critical Illness plans.
• Vacation, sick, volunteer, and holiday pay.
• Health Saving Accounts (with an employer contribution) and Flexible Spending Accounts.
• Fitness and tuition reimbursements.
• Opportunity for Short Term and Long-Term Incentives.
• Company paid short-term and long-term disability programs.
• Paid parental leave.
• Volunteer opportunities through The Civitas Community Foundation.
• Employee assistance program.
• Your choice of paid parking or an RTD EcoPass for Denver-based employees

Please note that the following job posting does not guarantee or promise specific benefits offerings to potential employees. While we strive to provide competitive compensation and benefits packages, the availability and details of these offerings are subject to change and are ultimately determined by company policies and budgetary considerations. We encourage all applicants to review our official employee benefits documentation and engage in discussions with our HR representatives during the interview process to gain a comprehensive understanding of the benefits package available for the position.

Physical Requirements:
The physical demands described here are representative of those that must be met by this position to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Stand



Walk



Sit



Use hands & fingers



Reach with hands & arms



Climb or balance (includes ladders)



Bending, kneel, squatting or crawling



Talk or hear



Wear personal protective equipment. (e.g. respirator, fire resistant clothing)



Weight Lifted

Up to 10 lbs.

Up to 25 lbs.

Up to 50 lbs.

Up to 100 lbs.

More than 100 lbs.

Work Environment:
The work environment characteristics described here are representative of those this position may encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Work near moving mechanical parts



Work in high, precarious places



Fumes or airborne particles



Toxic or caustic chemicals



Outdoor weather conditions (heat & cold)



Loud Noise (conveyor systems, mechanical equip, etc.)



Note: This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

Civitas Resources offers of employment take into consideration a candidate's education, training, and experience, as well as the position's work location, external market, and internal value, including seniority and merit systems, and internal pay alignment when determining the salary level for potential new employees.

Base Pay Range: $250,000 - $273,200

Civitas Resources is an equal opportunity employer. We value and encourage diversity in our workforce and provide equal employment opportunities to all individuals regardless of race, color, religion, sex, national origin, age, disability, genetic information, veteran status, sexual orientation, gender identity, or any other characteristic protected by applicable laws.

Application Deadline:

Application Deadline: June 14, 2025. Please note that applications received after the deadline will not be considered.

Notice To Third Party Agencies:

Civitas does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to Civitas in the absence of a signed Service Agreement where Civitas has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of Civitas and Civitas will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.