Your SPE: Board Actions Guide SPE Programs
- Leo Roodhart (2009 SPE President)
- Document ID
- Society of Petroleum Engineers
- Journal of Petroleum Technology
- Publication Date
- May 2009
- Document Type
- Journal Paper
- 12 - 14
- 2009. 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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- 31 since 2007
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The SPE Board meets four times a year. Our most recent meeting was late February in Doha. The Board and Board Committee meetings span 3 days and cover a lot of business. Here are some highlights from that meeting.
Fiscal Year 2010 Budget. We spent a lot of time discussing the budget proposed for FY 2010, which runs 1 April 2009 through 31 March 2010. SPE is budgeting a positive result of USD 127,000. This will be a challenging financial year for SPE, just as for others in this economic downturn. While we intend to keep the quality of our programs high and to continue to provide the services our members need, we will be very attentive to our operating costs.
Industry Advisory Council. The Industry Advisory Council, formed in 2007 to help ensure that SPE’s programs are aligned with industry needs, met with SPE officers in June 2008 and January 2009. Those dialogs identified five primary areas of key concern: globalization; industry image and attracting young people; education and talent development; cooperation on cross-industry issues like reserves and carbon sequestration; and keeping the quality of SPE programs and services high. At the Doha meeting, SPE’s five Board Committees—Education and Professional Activities, Finance and Administration, Membership, Print and Electronic Media, and Technical Programs and Meetings—began discussion of current programs and possible new initiatives related to those areas. We will report back to the Council after these considerations are complete.
Council members are Mark Albers, Senior Vice President, Exxon Mobil Corporation; Malcolm Brinded, Executive Director Exploration & Production, Shell; Chad Deaton, Chairman, President, and CEO, Baker Hughes; Yves-Louis Darricarrere, President Exploration & Production, Total; Guilherme Estrella, Director Exploration & Production, Petrobras; G. Steven Farris, Chairman and CEO, Apache; Andrew Gould, Chairman and CEO, Schlumberger; Stephen Hadden, Senior Vice President Exploration & Production, Devon Energy; Andy Inglis, Chief Executive Exploration & Production, BP; Datuk Abdullah Karim, Managing Director/CEO, Petronas Carigali; George Kirkland, Executive Vice President Global Upstream and Gas, Chevron; Amin Nasser, Senior Vice President Exploration & Producing, Saudi Aramco; Farouk Al Zanki, Chairman and Managing Director, Kuwait National Petroleum Company; and Zhou Jiping, Senior Vice President, China National Petroleum Company.
SPE Financial Plan. We approved a new section, Funding and Financial Robustness, for the SPE Strategic Plan. Our fiscal vision is that “SPE will continue to be financially strong, and will use its financial strength to grow its programs for the benefit of members and the industry, as well as to support SPE’s vision of becoming a truly global organization.” The Strategic Plan is posted on www.spe.org; you can get to it from the About SPE tab at the top of the home page.
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