Wells Cost Controller

Position Overview

You will work closely with the Wells, Subsurface, Operations and Finance teams to provide robust cost management, forecasting and reporting for drilling, sidetrack, well intervention and P&A activities. You will support project delivery within approved budgets and provide management with accurate and timely financial insights throughout the lifecycle of the wells portfolio.

Primary Responsibilities

• Cost estimates & forecasting: Provide objective, accurate and reliable cost estimates, forecasts and risk assessments for drilling, sidetrack, well intervention and P&A activities.
• Cost tracking & structures: Develop and maintain cost tracking structures, Work Breakdown Structures (WBS) and reporting frameworks for well projects.
• Daily monitoring: Prepare and maintain daily drilling cost trackers, monitoring rig spread costs, vessel costs, logistics, well services and contractor spend against approved AFEs and budgets; identify variances, risks and forecast impacts.
• Estimate review: Support preparation, review and challenge of drilling cost estimates throughout project maturation and execution.
• Commitments & forecasts: Track commitments, actual costs and forecast at completion to identify cost deviations and opportunities.
• Stakeholder collaboration: Collaborate with Wells Engineers, Project Managers and Drilling Supervisors to ensure financial visibility and cost discipline.
• Planning & budgeting: Support business planning, budgeting and forecasting processes, including annual Business Plan and WP&B submissions.
• Reporting: Prepare monthly cost reports, management dashboards and variance analyses for project stakeholders and senior management.
• Period-end & accounting support: Support period-end close activities, including accruals, cost allocations and financial reporting requirements.
• Cost analysis: Analyze contractor, rig, vessel and service company costs to identify trends and potential savings opportunities.
• JV reporting: Support joint venture and partner cost reporting requirements where applicable.
• Capitalization & compliance: Work closely with Accounting and Reporting to ensure appropriate capitalization of drilling and development expenditures in accordance with IFRS and company policies.
• Ad-hoc analysis: Support ad-hoc financial analyses, project reviews and management requests.

Education and Experience

• Knowledge: Strong understanding of project cost control, cost engineering and forecasting methodologies; in-depth understanding of the well lifecycle (planning, execution and close-out).
• Experience: Extensive experience supporting drilling, wells, intervention, completion, workover or P&A projects; minimum 8–10 years in upstream oil and gas cost control roles, preferably supporting wells and project activities.
• Regional preference: Experience working within North Sea operations and projects is strongly preferred.
• Education: Engineering, Finance, Economics or related degree, or equivalent relevant industry experience.
• Technical skills: Advanced knowledge of SAP, Microsoft Excel and Power BI reporting tools; strong understanding of CAPEX, ABEX and project accounting principles; knowledge of AFE development, cost tracking, commitment management and forecast-at-completion methodologies.
• Operational knowledge: Knowledge of offshore drilling operations, rig contracts, marine spread costs and well services is highly desirable.
• Communication & personal qualities: Ability to communicate effectively with technical and non-technical stakeholders; excellent verbal and written communication skills in English (Dutch language skills an advantage); self-starter able to work in a dynamic project environment and manage multiple priorities simultaneously.

Eisen

• Analyseren
• Budgetteren
• Cost control
• Rapportage

Vul je gegevens hieronder in, dan nemen we binnen 2 uur contact met je op om samen te kijken of er een match is. Heb je nog vragen? Bel ons op 030-249 66 96 of stuur een e-mail naar info@greenpepper.nl We helpen je graag verder!