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NEQ Operating is a leading operator of upstream oil and gas assets across the Lower 48, managing a diversified, multi-basin portfolio that includes assets in South Texas, Haynesville and the Mid-Continent. Backed by Quantum Capital Group and NextEra Energy Resources, NEQ is building a scaled, world-class upstream business through the strategic acquisition, development and optimization of PDP-heavy, yield-oriented assets.
The Director, Supply Chain leads NEQ’s sourcing, contracting, procurement and materials management activities and builds the supply chain function for a newly independent operator. This is an integrated leadership role: the Director works side by side with Operations, Engineering, HSE, Land, Finance and Business Development to deliver the lowest total cost and highest value per barrel. The role develops category strategies for drilling and completions, production operations, facilities and corporate spend; supports acquisition and divestiture activity; and manages the supplier relationships and contracts that support them. This position may be based in either Houston, TX or Oklahoma City, OK, and will require some travel.
• Integrated leadership: Operate as a member of the operations leadership team rather than a stand-alone procurement function. Embed supply chain in field, engineering and planning processes, share data and decisions openly across functions, and hold the team accountable for business outcomes rather than procurement metrics alone.
• Supply chain strategy: Develop and execute the supply chain strategy, operating model and governance in alignment with NEQ’s business plan, budget, and operating priorities, developed jointly with operations leadership.
• Category management: Identify and lead category strategies for NEQ which may include: drilling and completions services, production operations, chemicals, tubulars and materials, technology, facilities and corporate spend.
• Sourcing: Lead sourcing events, bid evaluation and supplier selection, and negotiate high-value service and material agreements.
• Contract lifecycle: Manage the full contract lifecycle for master service agreements and other strategic contracts, including renewals, amendments and post-award management.
• Supplier performance and risk: Establish supplier performance reviews, scorecards and supply risk management, including supplier credit and quality requirements.
• Contractor and supplier risk (with HSE): Partner with HSE to build and run contractor prequalification, risk-ranking and approval processes, covering safety performance, insurance, financial health and regulatory compliance. Make HSE performance a weighted factor in supplier selection and scorecards, and work with HSE on corrective action or removal of underperforming contractors.
• Total value delivery: Partner with Operations and Engineering to evaluate service providers on total cost of ownership and operational performance (e.g., cycle times, non-productive time, cost per foot, LOE/BOE, uptime, rework, and safety performance) rather than unit price alone. Use spend and performance analytics to identify the most efficient providers, set value-capture targets jointly with operating teams, and track realized savings against the business plan.
• Acquisitions and divestitures: Support M&A due diligence by assessing the target’s supplier contracts, commitments and liabilities (including change-of-control and assignment provisions, minimum-volume or take-or-pay obligations, rig and frac commitments, and inventory). Identify supply chain risks and synergy upside, quantify them for deal valuation, and lead supply chain integration or separation after close.
• Procure-to-pay processes and systems: Establish procure-to-pay processes, ERP and procurement system requirements, and vendor master data governance in partnership with accounting.
• Materials and inventory: Oversee materials management, inventory and logistics for field operations.
• Governance and controls: Ensure procurement policies, delegation of authority and contract controls are followed and audit ready.
Required
• Bachelor’s degree in Supply Chain, Business, Engineering or a related field.
• 12+ years of relevant experience.
• Extensive experience in sourcing, category management and contract management in upstream oil and gas or a comparable energy environment.
• Demonstrated record of integrated, cross-functional leadership with operations, engineering and HSE; candidates who have run procurement as a stand-alone function will not be a fit.
• Experience evaluating service providers on operational performance and total cost of ownership.
• Experience with contractor safety prequalification programs.
Preferred
• MBA or advanced technical degree.
• Supply chain certification such as CPSM or CSCP.
• Experience negotiating and managing high-value service and material agreements, including master service agreements.
• Experience with ERP and procurement systems and procure-to-pay processes.
• Strong analytical skills, including spend analytics and benchmarking of service-provider performance, along with strong negotiation and stakeholder management skills, with experience leading teams.
• Experience supporting acquisitions, divestitures or integrations, including contract due diligence and post-close integration.