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Equipment Inventory Controller II

Date: Oct 23, 2021

Location: Caldwell, TX, US, 77836

Company: Chesapeake Energy

Our core values — integrity and trust, respect, transparency and open communication, commercial focus and change leadership — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Chesapeake’s performance among our E&P competitors.

Job Summary

This intermediate level position coordinates the requisition, purchase transaction, coordination and movement of materials from the supplier to customer and between departments in order to support production plans and operations. 

Job Duties & Responsibilities

  • Works with field office stakeholders to define and implement technical requirements through the sourcing process to ensure needs are met in a timely manner
  • Creates and manages PR/ PO/ change orders, buying guide and confirms delegation of authority under general supervision
  • Determines best buying channel such as discrete PO, planned service order or blanket purchase order
  • Negotiates price and quality of goods purchased and ensures pricing, lead times, delivery and other terms with suppliers are maintained
  • Assists with timely establishment and execution of contracts for equipment, materials and/ or services with vendors and resolves purchase order/ invoice and AFE discrepancies
  • Oversees, coordinates, analyzes and optimizes use of existing inventory and ensures accuracy in the electronic inventory system
  • Performs yard audits of inventory, assesses condition and reconciles differences while identifying obsolete/ surplus items for potential disposition and coordinate sales with third party buyers
  • Maintains flow of materials through the well-development process (via purchase order requisitions and material transfers) according to established guidelines and records movement of incoming and outgoing materials transfers to support business unit operations
  • Performs other duties as assigned

Job Specific Skills

  • Moderate proficiency in ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
  • Moderate knowledge of administrative and clerical procedures and systems
  • Understanding of supply chain management policies, process and procedures
  • Moderate knowledge of materials for drilling, completions, well and surface facilities as well as the inspection and usage requirements
  • Moderate knowledge of market conditions and average pricing for materials
  • Moderate proficiency of purchasing, inventory management and accounting principles


  • Minimum: High school diploma or GED
  • Preferred: Bachelor’s degree - from accredited university


  • Minimum: 2 - 5 years related work experience


Chesapeake Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.


Chesapeake Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.

Nearest Major Market: College Station

Job Segment: Accounting, Inventory, Clerical, Supply, Supply Chain Manager, Operations, Finance, Administrative