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International Energy Issues, Career Development and Petroleum Risk
Addressing the concerns of students
Peter Grant
President Asia Pacific Region
SC International Energy Summit
University of Gadjah Mada
August 2017
Presentation Outline
• Industry Outlook
– Where is the market going in the near and long term?
– What are some of the causes of the current contraction?
– Asia Pacific Potential
• Careers / Jobs in the Geosciences
– Geoscience Demographics
– Broaden you experience!
• AAPG
International Energy
Issues
Addressing the concerns of early professionals and
students
Section 1
Industry Outlook
Energy Overview
The abundance of oil resources may prompt low-cost producers to use their competitive advantage to increase market share
Global coal consumption looks set to peak, as the continuing reform of China’s economy causes growth in its demand for coal (and energy) to slow sharply, although China remains the largest growth market for energy
Renewables are the fastest growing fuel source, quadrupling over the next 20 years, supported by continuing gains in competitiveness
The world economy continues to electrify, with nearly two-thirds of the increase in global energy going into the power sector
Carbon emissions from energy are expected to grow at less than a third of the rate of the past 20 years, reflecting gains in energy efficiency and the changing fuel mix. But emissions continue to rise, highlighting the need for further action
Global Oil Price
BP Energy Report 2016
Current Price Collapse
Significant production from unconventionals has added to our supply. Shale oil breakeven price down to $45-55/bl
OPEC has not reduced production (as they traditionally would have)
We have a slight over-supply (more produced in a day than consumed – exasperated by sluggish global economy)
This has caused oil prices to drop ~50%
Wells, especially in unconventional fields, are being shut in, which will lower daily production and eliminate over-supply
With time, supply and demand will come back into balance and prices will stabilize at $__ /barrel?
US Unconventionals Reduced
Oil & Gas Prices
• The energy industry goes through cycles (of about 7 – 10 years)
• These cycles are dictated by oil and gas prices and, while
unfortunate, a byproduct of maintaining a balance of supply and
demand
• Right now prices are low and companies are tightening belts
• 2017/18 will see a reduced number of job openings and
internships
• When prices rebound, the demand for new hires will increase
greatly and students and young professionals will be well
positioned
• We have to wait for the sun to come out from behind the cloud –
AND IT WILL!!
A Few Key Facts
Focus has changed to the value of a barrel not volumes and to mature
basins not higher cost frontier areas
Global E&A spend in 2016 was $40BB and is predicted to rise to $65BB in
2025
The average discovery size over the last 55 years was 22mmbl/well. In
2015 it was 43mmbl/well and in 2016 it was 72mmbl/well
The average time to drill a well in 2013 was 77 days, in 2016 it was 55 days
US production rose from 4MMBPD to 9MMBPD over 10 years, but 163,000
jobs were lost
US$91BB of projects have been deferred since 2015
Costs: GOM $45/bl for tie backs
Shale oil $50/bl new, $35/bl in sweet spots
Marginal global cost/bl is $65
Break Even Oil Prices
Breakeven Oil Prices
The Change in Exploration Strategy
Main Global Exploration Focus
Energy Consumption by Product
BP Energy Report 2017
The gradual transition in the fuel mix is set to continue with renewables, together with nuclear and hydroelectric power, expected to account for half of the growth in energy supplies over the next 20 years
•Even so, oil, gas and coal remain the dominant sources of energy powering the world economy, accounting for more than three-quarters of total energy supplies in 2035 (down from 85% in 2015). •Out of these, gas is the fastest growing fuel (1.6% p.a.), with its share in primary energy increasing as it overtakes coal to be the second-largest fuel source by 2035. •Oil continues to grow (0.7% p.a.), although its pace of growth is expected to slow gradually. •The growth of coal is projected to decline sharply: 0.2% p.a. compared with 2.7% p.a. over the past 20 years - coal consumption is expected to peak in the mid-2020s. •Renewable energy is the fastest growing source of energy (7.1% p.a.), with its share in primary energy increasing to 10% by 2035, up from 3% in 2015.
Energy Consumption by Product
BP Energy Report 2017
Energy Consumption by Region
BP Energy Report 2017
Changes to the Energy Consumption by Product
BP Energy Report 2017
Energy Consumption Oil
BP Energy Report 2017
Oil Demand
BP Energy Report 2017
How Oil demand might change
BP Energy Report 2016
Gas Supply/Consumption
BP Energy Report 2017
LNG Supply/Demand
BP Energy Report 2017
LNG Prices Impact Demand
Future LNG Trends
Growth in Renewables
BP Energy Report 2017
Source of Energy Demand
Courtesy of ExxonMobil 26
Tinker, 2015
Energy Demand
1017
820
468
207 156 57
302
149
28 5
166
16
880
975
517
267
191 99
376
371
10
5
167
111
98
3
24
1
1389
562 2609
78 289
64
(MTOE)
Oil
Nat
Gas
Coal
Nuke
Hydro Renew
Courtesy of BEG, Dr. S.Tinker, 2015
Growth in Electricity
BP Energy Report 2017
Global Exploration Trends
Challenge for the Upstream – today and
beyond
Worldwide demand for energy will increase steadily out to 2035
and beyond
Projected demand for oil and gas in 2035 is 45% more than it is in
2015
Courtesy of ExxonMobil
There is a huge GAP between projected production from
existing fields and what needs to produced through 2040 to
meet the demand
29
0
3
6
9
12
15
18
1965 2000 2035
Th
ou
sa
nd
s
Oil
Gas
Coal
Renew.Hydro
Nuclear
BP Energy Outlook 2035
Most Recent Global Discoveries
Asia Still Has Potential But Mainly Gas
SE Asia new license awards, Onshore/Offshore 2012-2016
Onshore Transition Zone to Offshore
0
10
20
30
40
50
2012 2013 2014 2015 2016
Nu
mb
er
of
Co
ntr
ac
ts
Award Year
32
0
10
20
30
40
50
2012 2013 2014 2015 2016
Nu
mb
er
of
Co
ntr
ac
ts
Award Year© 2017 IHS
Brunei
Laos
Thailand
Philippines
Vietnam
Myanmar
Bangladesh
Malaysia
Indonesia
Bid Round Success and Hydrocarbon Sector Entry
2012 to 2016 bid rounds Hydrocarbon sector entry rating 1Q17
33
India
Planned HELP bid
round/ OALP-NDR
Bangladesh
5th round planned
PSC amendment for
approval
Indonesia
2016 Conventional and
Unconventional rounds
awaiting results
2017 Bid Round planned
Gross PSC launched
Malaysia
2017 EO launched
Open blocks direct
negotiation
Vietnam
Open block
promotion
Sri Lanka
M2 bidding
Bid round planned
Thailand
21st Bid Round
Bongkot & Erawan
Petr. Act amendment
0
150.000
300.000
450.000
600.000
750.000
Ac
rea
ge
, S
q K
m
Offered Acreage
Awarded Acreage
© 2017 IHS* Indonesia - 2016 offered blocks not included (awaiting results)
Malaysia - 2017 offered blcoks not included (ongoing)
India- DSF Round awaiting official awards; bids received (877 sq km out of 1,551 sq km offered)
Comparison of Southeast Asia Government Take
Oil
0
10
20
30
40
50
60
70
80
90
100
Go
ve
rnm
en
t Ta
ke
%
© 2017 IHS
Gas
0
10
20
30
40
50
60
70
80
90
100
Go
ve
rnm
en
t Ta
ke
%
© 2017 IHS
34
Vietnam
Thailand
Myanmar
Malaysia
Indonesia
SE Asia: 2D seismic
Number of surveys Total line kilometres
0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
40.000
45.000
50.000
2012 2013 2014 2015 2016
Start Year© 2017 IHS
35
0
5
10
15
20
25
30
35
40
45
2012 2013 2014 2015 2016Start Year © 2017 IHS
Brunei
Cambodia
Thailand
Philippines
Vietnam
Myanmar
Bangladesh
Malaysia
Indonesia
SE Asia: 3D seismic
Number of surveys
0
10
20
30
40
50
60
70
80
2012 2013 2014 2015 2016
Start Year © 2017 IHS
Total area in (sqkm)
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
2012 2013 2014 2015 2016
Start Year © 2017 IHS
36
MTJDA
Philippines
Bangladesh
Brunei
Cambodia
Myanmar
Thailand
Vietnam
Indonesia
Malaysia
SE Asia: New Field Wildcats, Onshore/Offshore 2012-2016
Onshore Offshore
37
0
10
20
30
40
50
60
70
80
2012 2013 2014 2015 2016
Nu
mb
er
of
Ne
w-f
ield
Wil
dc
ats
Spud Year© 2017 IHS
0
10
20
30
40
50
60
70
80
2012 2013 2014 2015 2016
Nu
mb
er
of
Ne
w-f
ield
Wil
dc
ats
Spud Year© 2017 IHS
MTJDA
Philippines
Bangladesh
Brunei
Cambodia
Myanmar
Thailand
Vietnam
Indonesia
Malaysia
38
Thalin 1
Daewoo
Merakes 1X
Eni
B14 1
Newfield/
SapuraKencana
Shwe Yee Htun 1
Woodside
Kuang North 1
Petronas
Lofin 1ST1
Citic
Merah 1XST2
Genting
Bakong 1
SapuraKencana
Jerun 1
SapuraKencana
Rosmari 1ST1
Shell
Marjoram 1
Shell
Keratau 1
Petronas
Pegaga 1ST1
MDC OG
Legend
Gas > 100 MMboe
O&G 50-100 MMboe
Oil 10-50 MMboe
< 10 MMboe
South East Asia discoveries from 2012 to 2016
Discoveries in Myanmar mitigated steep drop in offshore new volumes
Onshore discovered volumes 2012-16
0
300
600
900
1200
1500
2012 2013 2014 2015 2016
2P
/2C
, M
Mb
oe
Discovery Year © 2017 IHS
Transition Zone to Offshore
0
300
600
900
1200
1500
2012 2013 2014 2015 2016
2P
/2C
, M
Mb
oe
Discovery Year © 2017 IHS
39
MTJDA
Brunei
Thailand
Philippines
Vietnam
Myanmar
Malaysia
Indonesia
Asian Supply Reducing
Top Asian Basins
Rig Count Drastically Reduced
Energy Outlook – BP Summary to 2035
Continuous change is the norm for energy markets
Changing energy mix
- gas fastest growing fossil fuel, coal the slowest
- continued rapid growth in renewables and move to
electric cars
Changing energy trade patterns
- increasingly flowing from West to East
Changing the carbon emissions path?
- no silver bullet, need action on many fronts
- let the market pick the winners
BP Energy Outlook 2035 BP p.l.c.2-15
International Energy
Issues
Addressing the concerns of early professionals and
students
Section 2
Careers in Geosciences
What We Need
Conclusion: The energy industry needs new geoscientists with
the talent and drive to find, develop and produce the energy
that people will need.
We need as accurate an understanding of the subsurface as possible so we can:
We need to drill ‘good’ wells, ones that have low risk and maximize the return on our investments
Maximize oil & gas recovery from known fields
Move probable & static assets to proven reserves
Discover new reserves beneath & adjacent to known fields
Find and produce oil & gas in new areas
Since wells can be very expensive, some cost more than $200 million, we must position each well with care
Sources of Energy Forecast
Demand UP, Production less certain
As You Have Seen…
Geoscientists are Needed to Fill this
GAP?
0
3
6
9
12
15
18
1965 2000 2035
Th
ou
sa
nd
s
Oil
Gas
Coal
Renew.
Hydro
Nuclear
BP Energy Outlook 2035
Technology Needs
• To meet energy demands, we can’t count on simply making ‘giant new discoveries’
• In addition to making new discoveries, we need to get more out of what we already have found:
– New life in old fields
– Make ‘uneconomic’ reserves economic
• Technology, and the people to develop and apply it, will be the key
Industry Demographics
Industry Demographics
Career Forecasts – by 2021
262,627 geoscience jobs today
~130,000 geoscientists expected to retire by 2021
72,000 geoscience job growth by 2021 (BLS)
15,000 total new graduates (MS or PhD)
45,000 total new graduates if also hiring BS/BA
OR
Net deficit of over 150,000geoscientists by 2021
And Eric M. Riggs
• While the current price collapse has slowed oil and gas hiring in the short-
term, long-term career potential is strong based on growth in population
and gross energy demand.
• The changing energy mix is producing new career opportunities
• Careers in government, non-profit, and academia are less affected by oil.
and gas prices and provide alternately rewarding career paths.
• Cyclical hiring trends are the norm in this industry, the high-reward of
working in this industry is tempered by periodic corrections – Don’t panic,
and use these times to learn new skills and make new connections, and be
stronger when the cycle corrects to the upturn.
• The demographics of experienced professionals exiting the industry and
without a sufficiently large mid-career workforce dictates the need for future
new hiring and an excellent opportunity for students and YPs to capitalize.
Outlook for Careers in the Geosciences
Think
Outside
the Box!
How Can I Prepare?
• Undergrad Level
– Excel in all your courses – high GPA
– Take fundamental, classic geoscience courses
– Get exposure to all disciplines – attend seminars
– Scan professional society journals – take note of who is working
on topics that interest you
– ASAP decide on a sub-discipline
– Choose a “senior topic” that you have a lot of interest in, work it
well, be creative and application-minded
– Search for undergraduate research position at the university or
internships away from school
What If I Graduate Soon?
Consider extending your stay in University?
Post-doc or research positions in universities are an excellent
mechanism to grow scientifically while weathering the short-term
Industry cycles and lack of employment.
This will give you continued access to recruiting, computing, and further
research opportunities.
Consider additional degrees – While difficult to consider, additional
degrees in business, geoscience, engineering, computer science could
have a great long term benefit.
How Can I Prepare?
• Post Grad Level
– Choose a high-caliber university with a great geoscience department
– Excel in all your courses – high GPA
– Take courses that will give the depth & breadth
– Look for way to demonstrate leadership potential
– Get some good work experience – internship
– Choose a research topic that we have passion for; better to have a
superb thesis topic on something unrelated to industry than a
mediocre thesis
– Gain interviewing experience, Polish your resume/CV – sell yourself
– Get active in the school’s Student AAPG group and participate in IBA
– Go to the local Prof. Geological meeting get to know the local
geoscientists
– Present research work whenever possible; posters, oral, symposia..
The Breakdown: Workforce Trends
Industries where
graduating
students have
accepted a job in
the geosciences
Industries where
graduating
students have
accepted a job in
the geosciences
Industries where
graduating
students have
accepted a job in
the geosciences
Source: AGI Workforce Program, 2013
The Breakdown: Workforce Trends
Source: AGI Workforce Program, 2013
Resources identified by students as
useful for finding geoscience jobs
Changing Skills Over Time
Skill Demographics of YPs
What If I Graduate Soon?
Market yourself relentlessly!
Present your undergrad and/or graduate research at all applicable venues.
• Internal symposiums/Local society meetings
• As well as regional or national/international meetings
Develop you presentation and communication skills then use them to network and show off your work
Explore your Universities resources
Don’t neglect your University recruiting and placement offices
• Attend resume and writing workshops
• Attend out of department presentations
• Reach out to professors for advise and what they are hearing in terms of hiring
• Participate in IBA competitions in 2016
Interviews with Professionals
“If students want to get into the environmental or
consulting field, I would recommend that they… Find
engineering and consulting firms in their area. And not
necessarily look for somebody that is advertising, but
just find a contact with each company, send a cover letter and
a resume, and then follow up with an email and a phone call. A lot of
opportunities don’t get advertised. If your resume crosses a desk, and
somebody’s looking to fill a position, you can get a job without having to wait for
something to be advertised … That’s the networking thing: Get your
qualifications out to as many people as you can [and] talk to as many people as
you can.” - Mike Lawless, Draper Aden Associates
Networking
Networking:
-Is a spectrum of activities
-Begins with an informational, informal interview or introduction
-Is a series of correspondence and actions that add value to both
relationships
-Ends only when one or both parties 'drop dead'
What to do?
-Get on LinkedIn ASAP; your resume is your profile
-Make a customized Linkedin URL
-Make contacts by sending customized messages
What is networking? It is NOT you trying to get something
out of someone else! It is you promoting yourself and getting
to know people who can benefit by you and your expertise. It
is a WIN-WIN situation.
What If I Graduate Soon?
Consider volunteering
on committees!
Network – Get involved in your local
Societies (Scholastic, Environmental,
or Geological).
GCAGS Annual meeting 2014
If you have an interest in working in the Energy Industry – Look for AAPG
affiliated societies in your area. They are some of the best ways to meet
more experienced geoscientist and make long lasting connections. Offer to
work on committees and convention teams.
While degree and scholastic performance may be most critical for the first
opportunities, Typically your second job will be based on reputation and
your network of connections.
Personal Stories
Two Examples of how experienced geoscientist
had both exciting and rewarding careers in
exploration and academia even with the complex
nature of the oil and gas industry!
Coming Out of Grad School
I Was Triple Blessed:
1. Industry just started a hiring boom
2. I received an offer from Exxon Research
3. I was assigned to the Seismic Stratigraphy
section and was mentored by:
Pete VailBob Mitchum
Formal education… building a solid foundation
0
1
2
3
4
5
6
B. Sc.
Geology
M. Sc.
Geology
Geology
• Senior Thesis
• Optical Mineralogy
• Petrology
• Structure
• Stratigraphy
• Geomorphology
• Oceanography
• Micropaleontology
• Sedimentology
• Coastal Processes
• Mineralogy
• Historical Geology
• Physical Geology
Science & Math
• Physics
• Chemistry
• Biology
• Introduction &
Intermediate
Calculus
Liberal Arts
• Native American
Religions
• Imperial Russia
• Survey Art History
• French (3 years)
• Economics
• Geophysics
• Micropaleontology
• Geol. Oceanography
• Basin Analysis
• Seminars:
• Paleontology
• Geochemistry
Thesis: Fluctuations
in the West Antarctic
Ice Sheet during the
Miocene: Evidence
from ice rafted
sediments
Years
Teaching Assistant
Physical Geology and
Mineralogy Labs
Staying competitive throughout a career requires
continuous growth
0
5
10
15
20
25
30
Technical
• Lots of geology courses
• Drilling practices
• Reservoir engineering
• Petroleum economics
Business School /
Leadership
• Manager of the Future
• Change management
• The New Global Business
Environment
• Leading Innovative
Organizations
• Developing Managerial
Excellence.
• Developing International
Leadership Skills
Personal Development
• Ethics
• Inclusion
• Breakthrough training
• Communicating
effectively under pressure
• Basic and advanced
facilitation
• Diversity awareness
• Facilitation
Professional Associations /
Community Involvement
BP Federal Activities
• Global subsurface technology
network
• Global business initiative to improve
the role of women
• University recruitment
Community Involvement
• Science by Mail Program mentor
Houston Children's Museum
• Career Mentor: Booker T.
Washington High School
• Houston Geological Society:
Continuing Education Committee
Professional Affiliations
• AAPG, local societies
Stay technically
relevant
Develop your
interpersonal and
communications skills
Be involved
Keep your technical
skills sharp and
understand what
other disciplines do
Care
er Y
ears
The start of my career !
1st job as a well site geologist on the
North slope of Alaska in 1981.
Wide eyed
24 year old
…..My Career Path
Exploration Operations Geologist
Alaska North Slope
Exploration Geologist
Gulf of Mexico
Exploration / Appraisal Geologist
Alaska North Slope
Exploration Team Lead
Gulf of Mexico
Development Geologist Central
North Sea
Planning Analyst
Business Development
Appraisal Team Lead Gulf of Mexico
Exploration Group Lead Gulf of Mexico
Resource Manager North American Gas
Innovation Project
Director Subsalt Technology Leadership Area
E&P Technology
Geoscience Technology Unit Leader
E&P Technology
VP Paleogene
Technology Flagship
Learning a
trade
Expanding
Horizons
Leveraging all
the pieces
Finding my
leadership
voice
VP Resource Appraisal – Exploration Division
Dream Job !
Snr. Development Geologist
Azerbaijan
Growth Performance Unit Ldr.
Canada
30 years
2011
10 years
1991
20 years
2001
0 years
1981
Historical BP Geoscience Career Development Map
Personal learning
• People like contributors not takers
• Content matters / Stay technically relevant
• Ethics matter
• Be flexible and willing to step outside your
comfort zone
• There can be unexpected rewards of taking a
measured risk
• Make all your experiences great learning events
Career Opportunities in
the Energy Industry
Addressing the concerns of early professionals and
students
Section 3
AAPG
Our goal at AAPG: To advance the science of geology; promote technology and foster research; and tell people why these advances are important.
Why? To support our member’s professional development and growth.
Together, AAPG and our members are working to find and deliver the energy that improves lives across the globe.
Our Goal
AAPG Members Around the World
Membership Classification
11.853
1.57612836
7,102
4,236
3,887
Grand Total (all classes) = 28,818
Member
Emeritus
Honorary
Life
Associate
Student
StudentYP
7.243
1.802
1.3042.6831.954
1.134
3.929
1.343
3.116
1.611 565Gulf Coast
Mid-Cont.
Pacific
Rocky Mtn.
Southwest
Africa
Asia Pacifc
Canada
Europe
Latin Amer.
Middle East
Global Comparison
U.S. Sections = 59% (17,120 members)
International Regions = 41% (11,698 members)
AAPG Asia Pacific Demographics
Afghanistan 1 Malaysia 763
Australia 766 Mongolia 1
Bangladesh 111 Myanmar 7
Brunei 13 New Zealand 56
Brunei Darussalam 33 Pakistan 210
Cambodia 35 Papua New Guinea 2
China 696 Philippines 21
Hong Kong 5 Singapore 55
India 929 Sri Lanka 1
Indonesia 1,096 Taiwan 17
Japan 124 Thailand 91
Korea (South) 47 Vietnam 109
Other Countries 85 (outside of A/P Region)
AAPG Asia Pacific Demographics
We need our students to transition to becoming full or associate members
AAPG provides publications, conferences and educational opportunities to geoscientists – and disseminates the most current geological information available to the general public
Available on line: books, maps and CDs, plus registration pages for AAPG educational events such as short courses, e-Symposiums, field seminars or Geosciences Technology Workshops (GTWs)
ACE is a world-class conference, attracting over the last five years an average of 6,900 attendees from 78 countries. Usually held in the US/Canada
AAPG ICE conferences have delivered strong technical programs, valuable short courses and field trips, state-of-the-art technology and networking opportunities 25-plus years. These are held outside of the US
Available to Members
Bandung September 2017
Programs and Services Available to AAPG members
Education, skills and career focus:• Distinguished Lecture Series• Education Conferences• Hedberg Research Conferences• Field Seminars• Geosciences Technology
Workshops• Forum
Insurance ProgramStudent Chapter ProgramGrants-in-Aid Imperial Barrel AwardInternational Development ProgramCertification Program Visiting Geoscientists Program
Other benefits: Monthly access to the
Bulletin and Explorer
Our peer-reviewed
Technical journal
Our Association and
industry news magazine
AAPG Publications
AAPG’s Career Center
Is our online job and
resume posting board.
This member-only benefit
provides employment
opportunities as well as:
* Career Coaching
* Resume Writing
* Reference Checking
* Career Learning Center
Young Professionals in Energy
• Mission:
YPE aims to facilitate the advancement of young professionals in
the energy industry around the world through social,
educational and civic service oriented events.
• Vision Statement:
YPE prepares its members to be the best leaders for their
communities and for the global energy industry.
Student Chapters
* AAPG has more than 300 Student Chapters around the
globe.
* The Student Chapters Program provides a place to
develop leadership skills – and is a focal point for
developing a professional manner through exposure to and
contact with industry professionals.
* It is an ideal setting for meaningful networking
opportunities.
Student Chapters Worldwide
(As of June 30, 2015)
Student Benefits and Opportunities
Student Membership – Open to all students enrolled in the geosciences.Dues are $10 a year – or FREE via Chevron Corp.’s sponsorship
• Access to AAPG EXPLORER (online)• Access to AAPG BULLETIN (online)• Access to Interpretations Journal (online)• Student discounts for select AAPG courses• Student discounts for books• Access to the AAPG Career Center• Eligible for FREE membership in the Energy Minerals Division (EMD) and Division of
Environmental Geosciences (DEG)• Online access to Counselors and Recruiters• Student Chapter YouTube Video Awards
(Prize money awarded for 1st, 2nd and 3rd place winners)• Outstanding Student Chapter Awards
(Two awarded annually – one in the United States and one international)
Geoscience graduate students are encouraged to explore a career in the energy industry by participating in the Imperial Barrel Award Program.
Winning semi-final teams travel free to the finals competition at the AAPG ACE, where both students and faculty alike have a chance to win accolades for themselves and cash prizes for their schools, plus network with both future colleagues and employers.
IBA Experience
AAPG Membership Requirements
AAPG offers three levels of membership:• Student – Attends college and is studying geology or a similar field
generally associated with geosciences, at a college of acceptable
academic standards.
• Associate – Open to qualifying individuals not eligible for Member
or Student. Must have graduated from a college or university of
acceptable standards, and current employment is associated with
geology.
• Member – Open to those with at least a bachelor's degree in the
geological sciences (or other approved discipline) and a minimum
one year's experience in the professional practice or teaching of
geology. (Only “Members” can vote in Association elections
and/or campaign for office.)
AAPG Annual Dues
AAPG offers a Graduated Dues Structure that is based on a member’s ability to pay, as per their personal gross income (instead of World Bank classifications used by other organizations). This is applicable to both Members and Associates.
Level 1 > $50,000 $125.00Level 2 >$25,000 to $50,000 $ 72.50Level 3 < $25,000 $ 26.25
Proof of income is not required – this system is honor-based and defined by our code of ethics.
Students and YPs:
How to “weather the storm”
• Stay involved in professional and local societies
• Volunteer for committees
• Be engaged in internal groups
• Acquire a broad set of skills
• Take continuing education courses
• Demonstrate curiosity and a desire to learn
• Cultivate leadership and entrepreneurial qualities
• Network with individuals in multiple aspects of the industry
• Be active in the community and stay busy
• Don’t panic!
Hiring freezes and layoffs can happen in
any industry, but there are a few things
recent graduates and YPs can do to help
improve their chances of getting and
maintaining employment:
A Few Personal Thoughts
• Training and learning is important but using those skills in real life situations
cements the learning and the experience is gained
• Experience/flexibility and adaptation is very important
• Do not restrict yourself to technical silos
• Learn associated, interdisciplinary skills
(geos/engineers/commercial/operations)
• Networking is very important to learning experiences and broadening
• Soft skills/trust are very important to success
• In teams, listen, learn, contribute and don’t progress your own agenda
• The best managers are those with sound and broad technical skills, can
engender strong work ethics and team commitment and can make the hard
decisions using sound commercial and technical logic
Summary: Be positive and fight on!
• Forecast is for a steady demand for Geoscientists over the
next 30 year.
– Short term may be challenging
• Diverse geosciences career options exist
• Find and follow your passion, love what you do!
• Be technically strong and grow scientifically
• Remain competitive by gaining new skills
• Develop a strong network and stay connected
• Be involved
Most Images Courtesy of ExxonMobil
Thank You
