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THE MENTORS IN THE MAJOR COMPANIES ARE GONE THE TRAINING PROGRAMS IN THE MAJOR COMPANIES ARE GONE THE RESEARCH CENTRES IN THE MAJOR COMPANIES ARE GONE.

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Presentation on theme: "THE MENTORS IN THE MAJOR COMPANIES ARE GONE THE TRAINING PROGRAMS IN THE MAJOR COMPANIES ARE GONE THE RESEARCH CENTRES IN THE MAJOR COMPANIES ARE GONE."— Presentation transcript:

1 THE MENTORS IN THE MAJOR COMPANIES ARE GONE THE TRAINING PROGRAMS IN THE MAJOR COMPANIES ARE GONE THE RESEARCH CENTRES IN THE MAJOR COMPANIES ARE GONE A LARGE NUMBER OF THE MAJOR COMPANIES ARE GONE OUR INDUSTRY IS GREYING IN 10 YEARS MOST OF US TEACHING YOU WILL BE GONE

2 THE PRODUCTIVITY GAP UNIVERSITY PRODUCTIVE PETROLEUM ENGINEER / GEOSCIENTIST 8 YEARS Carnarvon Gorge, Qld (S.Lang)

3 START UNI PRODUCTIVE PETROLEUM GEOSCIENTIST Industry hire BSc MSc Hons. The Internet

4 Whats In The Pipeline?

5 STUDENTS UNDERGRADUATE GRADUATE From W. Fischer GEOSCIENCE STUDENTS AT US UNIVERSITIES GEOSCIENCE STUDENTS AT US UNIVERSITIES

6 STUDENTS GEOSCIENCE STUDENTS AT NON-U.S. UNIVERSITIES GEOSCIENCE STUDENTS AT NON-U.S. UNIVERSITIES Diplomas at German Universities Graduates at British Universities Honours at Australian Universities From Bottomley, 1999; D.I.S.T., 2001

7 2002 Geological Salary Survey $75,000 High $64,000 Average $55,000 Low Salaries for New hires (with 0-2 years experience) AAPG (2002)

8 US Dollars $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350, Years Experience 2002 Geological Salary Survey High Average Low AAPG (2002)

9 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 US Dollars Years Experience Average Salary by Degree B.Sc M.Sc Ph.D AAPG (2002)

10 Why There is Still a Viable Future With Oil Companies Four Reasons: Demographics International Opportunities New Technology Market Forces

11 Largest Hydrocarbon Basins by Ultimate Potential

12 GasOil Global Giant Oil and Gas Fields

13 Opportunities for Future Growth Venezuela E. Canada W. Africa Italy Papua New Guinea GOM N. Sea Caspian Caspian Peru Argentina Indonesia Sakhalin Vietnam Australia Brazil N Africa W. Siberia W. Siberia Global Exploration Malaysia

14 Why There is Still a Viable Future With Oil Companies Four Reasons: Demographics International Opportunities New Technology Market Forces

15 Mobil Core Calibration for Petrophysical Analysis JMA

16 Geologic Data Analysis Mobil

17 Computer Simulation and History Matching Mobil JMA

18 NCPGG / Schlumberger Joint Training and Research Centre (Univ Adelaide) Synergistic Technologies: Integrated Workstation Applications& Visualisation Capabilities

19 FORMER PARADIGM: ISOLATED RESEARCH Subject matter: Non-applied, esoteric

20 PRESENT REALITY: RELEVANT INTERACTIVE RESEARCH

21 Impact of Integrated Reservoir Management BOD x 1000 Production History Technology Impact Neogene Deltaic Reservoir Clayton, 1998 Technology added significant new reserves Projected Decline

22 The Importance of Developing Technologies New opportunities, some in old placesNew opportunities, some in old places –Sub-salt, sub-volcanic imaging –Deep water sequence stratigraphy –Imaging of deep structure Technology leads to efficiency and profitability, even at $15/bblTechnology leads to efficiency and profitability, even at $15/bbl Emphasis upon computer technology and geological skillsEmphasis upon computer technology and geological skills Infusion of new ideas into the workforceInfusion of new ideas into the workforce

23 Future Opportunities New Ideas New Tools ChangedEconomics New Discoveries in Old Areas

24 Assume: Job Market Expectation By Employers Self-motivated Computer- literate Well - educated Team player Excellent communicator

25 Job Market Expectation By Employers Immediate Impact Bottom Line Focus High Productivity Continuous Learning Self Reliant Expectation:

26 Job Market Readiness Student Preparation Broadly Based Balance of Theory and Application Education: Targeted Thesis:

27 Job Market Readiness Student Preparation Think 4-D Computer Workstation English Proficiency Skills: Self-motivated Proactive Traits:

28 Petroleum Industry Careers Survival Training Strong basic-discipline training Strong basic-discipline training Competitive-edge in several skills Competitive-edge in several skills Excellent communication skills Excellent communication skills - Quantitative (space & time) - Workstation (computer) - Interpersonal - English Language - Oral, written, graphical Constant updating / expansion of skills Constant updating / expansion of skills

29 Cyclic Job Market Rosy Prediction ? ? Growth Employment (number of jobs) Employment (number of jobs) Time T Timely Change Timely Change Timely Change Timely Change Continuous Learning Facilitates Timely Changes Discipline A Discipline B Discipline C

30 Professional Societies Local Societies GSM, IPA, etc TechnologyDisseminators

31 The Future for the Oil Industry Dominant fuel source for more years Dominant fuel source for more years Increased emphasis on enhanced recovery/production scale sedimentology/3-D visualisation/cross-disciplinary communication Increased emphasis on enhanced recovery/production scale sedimentology/3-D visualisation/cross-disciplinary communication Higher efficiency demands high workstation skill levels as well as competency in fundamentals Higher efficiency demands high workstation skill levels as well as competency in fundamentals People provide the competitive edge (because everyone has the same tools) People provide the competitive edge (because everyone has the same tools) Jobs for the best engineers / geoscientists

32 The Future…..


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