| Employer: |
Weatherford
Updated: Jun 4 2012
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| Desired Expertise: |
Business Development |
| Experience: |
7+ years |
| Minimum Education: |
High School/Secondary |
| Location: |
Vernal, UT, US |
| Reference Code: |
10284598 |
| Job Status: |
Closed - No longer accepting applications
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Job posting bookmarked!
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Job Description:
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 One of the largest oilfield services companies, Weatherford operates in more than 100 countries and employs more than 50,000 people worldwide. With a product and service portfolio that spans the life cycle of a well- drilling, evaluation, completion, production and intervention- and a robust research and development effort , we are well positioned to meet the ever-evolving needs of the oil and gas industry.
JOB DESCRIPTION
Responsible for managing and administering a portfolio of real estate and construction projects; coordinating with real estate developers, property owners, real estate firms, construction companies and/or architectural/engineering firms to structure real property transactions to meet corporate objectives and internal customer requirements.
DUTIES & RESPONSIBILITIES
Develop, strategize and facilitate acquisition, consolidation and disposition of real property.
Complete site selection analysis for real property based on collaborative efforts with internal clients regarding analysis on distance to market served, proximity of labor force and economic development incentives
Create Lease versus Purchase analysis (using differential cash flow technique, quantitative and qualitative analyses)
Evaluate leasehold structuring (such as sale/leasebacks, build-to-suit leases, operating versus capital leases) and negotiate in keeping with company and Operation team objectives
Negotiate all real property contracts, co-manages design and construction of site plan/layout and office and industrial space with Construction Department
Forecast of operating and capital budgets for purpose of expansion and contraction of real property
Manage surplus facilities; determine highest and best use for surplus facilities and/or negotiate early termination agreements
Prepare Letters of Intent for proposed real estate transactions and construction (leaseback)
Manage due diligence process for real property acquisitions and divestitures with Corporate departments including but not limited to: Risk, QHSSE, Legal, Finance, Accounting, and IT
Evaluate asset holdings and real property proposals by performing financial analysis for internal clients
Research and attempt to achieve economic development incentives with government agencies
Manage real estate database and prepare reports relating to owned and leased facilities.
Ability to manage multiple transactions simultaneously with multiple internal and external clients
Ability to comfortably interact with all levels of management
Proven PC proficiency with word processing and spreadsheet software
SKILLS AND KNOWLEDGE
Required
Must have prior experience with current safety regulations and environmental issues as they apply to new construction or addition to existing company Owned/Leased structures.
Preferred
Ability to comfortably interact with all levels of management
Proven PC proficiency with word processing and spreadsheet software
MINIMUM QUALIFICATIONS
Required
7-10+ years of experience in commercial and/or industrial real estate
5 years of experience in construction and development projects
Preferred
4 year degree in Real Estate/Construction Management, and a Commercial Real Estate License
5 to 7 years of Oil and Gas/Energy related experience.
SPECIAL REQUIREMENTS
The physical and mental ability to immediately respond to emergency situations and to handle high-level multi-tasking job request.
Unrestricted work authorization in the United States and abroad.
Travel on a regular basis in order to perform job responsibilities.
Lifting 50 pounds maximum with frequent lifting and / or carrying of objects weighing up to 25 pounds.
Calls will not be accepted for this position.
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This Position Is Closed to New Applicants
This position is no longer open for new applications. Either the position has expired or was removed because it was filled.
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One of the largest oilfield services companies, Weatherford operates in more than 100 countries and employs more than 50,000 people worldwide. With a product and service portfolio that spans the life cycle of a well- drilling, evaluation, completion, production and intervention- and a robust research and development effort , we are well positioned to meet the ever-evolving needs of the oil and gas industry.