Sr. Oil Marketing Manager - Uinta

Job Description

Job Description

Position Summary

The Senior Oil Marketing Manager Uinta is responsible for leading the negotiations of SM’s Uinta basin crude oil marketing contracts (sales / midstream / transportation / other).

The individual has significant experience in E&P crude oil marketing including knowledge of oil control and scheduling (truck / rail), contract negotiation, commodity sales, A&D, and deal evaluation.

This individual provides advice to Marketing VP and cross functional management. The Sr. Manager will oversee, lead and train Marketing staff.

Essential Roles & Responsibilities

• Evaluates economies of complex deals
• Identifies, evaluates, and compares market alternatives for crude (Uinta basin waxy crude)
• Negotiates new transportation, storage, and sales contracts
• Manages existing contracts and builds relationships with buyers and service providers
• Oversees product movement from wellhead to market to ensure flow maximization
• Approves transportation / freight invoices for payment
• Prepares and delivers executive level reports and presentations
• Monitors commodity market fundamentals including supply and demand trends and implications on forward pricing
• Works with Treasury to ensure counterparty creditworthiness
• Performs acquisition / divestiture evaluations and due diligence
• Prepares production and pricing forecasts and other market analyses / models
• Calculates quarterly price and transportation differentials for corporate reserve valuations, corporate planning / AFE economics and regional budget preparation
• Demonstrates comprehensive understanding of crude sales economics
• Works closely with regional personnel
• Helps develop long term marketing strategy including marketing commitments and planning and analysis to maximize revenue, limit exposure and maintain flexibility.
• Assists in developing company's view on commodity pricing
• Motivates, trains, and supervises marketing personnel
• Other duties as assigned

Computer / Software Applications

Advanced level of proficiency in Microsoft Excel required.

Role-Specific Technical Knowledge & Skills

Advanced knowledge of Marketing fundamentals, including contract negotiation and contract knowledge. Advanced proficiency in analyzing complex oil midstream and logistics deals.

Advanced understanding of patterns, correlations, and trends to support decision making and risk mitigation.

Typical Education : Bachelor's Degree in Business Administration, Engineering or relevant field required. MBA or energy-related Master's Degree preferred.

Supervisory course work or supervisor experience strongly preferred.

Typical Experience : Minimum of 8 years of Oil and Gas industry experience. Crude oil commercial experience required. Familiarity with rail movements and logistics highly preferred.

Familiarity with waxy crude highly beneficial.

Schedule : Hybrid. In the office Tuesday-Thursday, with opportunity to work remote Monday and Friday. Moderate travel.

Salary Range : $161,500.00 to $199,500.00 (USD) Annually

SM Energy offers competitive compensation and benefits programs which include, but are not limited to, variable pay, health care coverage, retirement plan, protection coverage, time off and leave programs, training and development opportunities and a range of allowances connected to specific work situations.

Details are available at Careers : : SM Energy Company (SM) (sm-energy.com).

Applications will be accepted on an ongoing basis until the position is filled.