About Fervo Energy

Fervo Energy (NASDAQ: FRVO) is a modern power company developing next-generation geothermal resources to meet the growing demand for affordable, reliable, 24/7 carbon-free energy. Our mission is to transform geothermal into America’s most dependable and affordable source of clean, around-the-clock power. By combining innovations in horizontal drilling, fiber-optic sensing, and advanced reservoir engineering, Fervo has developed a repeatable approach to building utility-scale enhanced geothermal systems. Our flagship Cape Station development in Utah is planned to deliver 500 MW of firm, carbon-free power, and we are advancing a development pipeline of more than 50 GW. Join us and work alongside world-class engineers, geoscientists, operators, project builders, and business leaders working to make geothermal a cornerstone of a more reliable, affordable, and sustainable energy future.

Position Description

Joining Fervo as a Reservoir Engineer focused on production forecasting and resource evaluation means owning the link between subsurface performance and corporate planning. This role builds and maintains production forecasts for long-term planning, supports Corporate Finance with technical inputs for budgeting, financing, and investor materials, and leads economic evaluations and resource reporting across the portfolio. The position is ideal for an engineer who enjoys translating complex subsurface data into clear, defensible numbers that inform capital allocation and company-level decisions.

The Reservoir Engineer will build and maintain portfolio-wide production forecasts, lead economic evaluations of development scenarios and capital projects, and own recoverable resource estimates. This role emphasizes forecast rigor, financial fluency, and clear communication of subsurface uncertainty to non-technical stakeholders.

The position collaborates closely with Corporate Finance, Reservoir, Development, and Executive teams to translate subsurface performance into the forecasts, valuations, and resource recovery used for long-term planning and corporate decision-making.

Responsibilities

Production Forecasting & Long-Term Planning

Build and maintain production forecasts across the portfolio to support long-term planning, capital allocation, and corporate strategy.

Develop and update type curves and decline/analytical models calibrated to observed field performance.

Translate reservoir performance and subsurface uncertainty into probabilistic forecast ranges (P10/P50/P90) for planning and budgeting cycles.

Maintain the long-range plan (LRP) production forecast in coordination with Development and Corporate Finance.

Partner with Corporate Finance to translate reservoir forecasts into cash flow models, capital plans, and investor-facing materials.

Support financing processes (debt/equity raises, project finance) with technical forecast inputs and asset-level due diligence.

Economic Evaluations

Conduct economic evaluations of new prospects, development scenarios, and capital projects, including NPV, IRR, payback, and sensitivity analysis.

Support investment decisions with integrated technical and economic risk assessment across the portfolio.

Evaluate development, completion, and injection strategy alternatives for capital efficiency and returns.

Deliver clear economic recommendations to asset teams and leadership to guide portfolio prioritization.

Resource & HIIP

Own and maintain recoverable resource and Heat-in-Place (HIIP) estimates.

Promote consistent forecasting, evaluation, and reserves methodologies across projects.

Support development and standardization of Geothermal recovery and resource evaluation methods.

Team and Culture

Operate with technical independence and objectivity while maintaining strong collaborative relationships with Finance, Development, and asset teams.

Provide constructive challenge and thoughtful recommendations grounded in data and engineering principles.

Balance rigor with pragmatism in a fast-paced, cross-functional environment, including finance reporting deadlines.