Energy 360: Listening Loudly to Our Members and Our Industry
- Helge Hove Haldorsen (2015 SPE President)
- Document ID
- Society of Petroleum Engineers
- Journal of Petroleum Technology
- Publication Date
- February 2015
- Document Type
- Journal Paper
- 14 - 16
- 2015. Copyright is retained by the author. This document is distributed by SPE with the permission of the author. Contact the author for permission to use material from this document.
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SPE is unique by design. It is global, it is not-for-profit, it exists for the benefit of its large and diverse membership of 143,000 and the technical content of SPE’s programs is developed by its members. Hence, SPE is an organization in which the primary beneficiaries—the workers and the customers are the same people—the members! SPE’s mission and vision (see boxes) provide us with a world of opportunity to serve our members and the exploration and production (E&P) industry as a whole. At any time, there are hundreds of new initiatives that SPE could consider in delivering an improved value proposition to our members and the E&P industry we serve.
The SPE Board of Directors, elected as global representatives of the members, allocates SPE’s resources across a portfolio of member services in alignment with SPE’s approved strategic plan and the more specific strategic objectives. The Annual Technical Conference and Exhibition (ATCE) in October 2014 in Amsterdam gave us the opportunity to hear from two important groups: senior industry executives and young professionals (YPs). We wanted to hear their ideas, desires, and concerns for improving SPE’s value proposition from their vantage point.
Initiated about 7 years ago, the Industry Advisory Council (IAC) is an international group of senior E&P executives. The IAC meets annually during ATCE. The Amsterdam venue allowed for greater participation by representatives of European companies, along with US and Middle Eastern participants.
The IAC strongly recommends that SPE continues to focus on its core mission. In doing so, SPE provides timely, objective E&P context for its members (e.g., E&P costs are too high, the industry’s competitiveness is being eroded, communities expect more of us, our field forecasts are often too optimistic, and more than 80% of project risks are nontechnical risks). The Society also provides sharing of the latest relevant technology, tools, and the best practices with members quickly to improve health, safety, security, environmental, and social responsibility (HSSE-SR) practices and the industry’s overall value creation.
The IAC also noted that if SPE continues to listen to our industry’s and our members’ needs, the Society’s sharing arenas and conferences will be preferred by the E&P industry because of its spot-on relevance. The IAC would further like to see more focus on the importance of the integration of disciplines and field development teamwork through sessions with more case study focus. I say: Let us make 2015 the year of massive cross-discipline collaboration. E&P value creation is a jigsaw puzzle with many pieces to offer. The role of the project “integrator” is to orchestrate ways of getting great pieces (ideas) from all disciplines such that we end up with the best looking field development picture we can in terms of value creation and forecasts (of schedule, cost, production, reserves, and similar) actually resembling actuals.
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