1 A World of Opportunity Society of Petroleum Engineers

2 A Brief History of SPE

3 SPE Has Grown with the Industry   1871: American Institute of Mining Engineers (AIME) forms in Pennsylvania USA   1913: AIME creates oil and gas committee   1957: Officially founded as SPE   1985: SPE incorporates separately   2006: SPE surpasses 73,000 members worldwide   2007 SPE celebrates 50-year anniversary

4 SPE Mission To collect, disseminate, and exchange technical knowledge… and to provide opportunities for professionals to enhance their technical and professional competence.

5 SPE Today: Global, Diverse Membership

SPE Membership Reaches New Peak Membership Exceeds 73,000, With Nearly 17,000 Students Nearly 4,000 New Members Joined SPE During 2006

7 Who Are SPE Members?

8 Diverse Technical Disciplines Other 19% Production & Operations 20% Facilities & Construction 3% Drilling & Completions 19% Reservoir Description & Dynamics 20% Management & Information 17% Health, Safety& Environment 2%

9 Diverse Job Focus Consultant 5% Geoscientist 5% Manager 20% Technician 2% Student 4% Engineer 44% Executive 15% Other 3% Educator 2%

10 Diverse Company Categories Academia 1% Consultant 14% Government 2% Independent Oil & Gas Co. 20% Major Integrated Oil 22% National Oil Co. 8% Other 6% Service/Manufacturing 27%

11 Member Benefits Tangible  Journal of Petroleum Technology (monthly)  Talent & Technology magazine (quarterly) – new in 2006  Membership in Technical Interest Groups, technical sections, geographic sections  Discounts on technical papers, books, periodicals  Online resources –  Discounts on conferences, forums and workshops  Visiting lectures by distinguished experts Intangible  Leadership opportunities  Networking  “Soft skills” experience

12 Connecting Members Globally

13 SPE Online Resources  eLibrary of technical papers  Technical Interest Groups  Communities  eMentoring program  Five peer-reviewed technical journals now online

14 Searchable eLibrary

15 eLibrary Resources  45,000+ technical papers  1,700 new papers added annually  1 million downloads per year  125 papers downloaded per hour

16 SPE Events - Typical Year  20+ technical conferences worldwide  40+ workshops worldwide  10+ Forum Series events  Collaborate with other industry organizations  EAGE/SPE Europec  SPE/IADC Drilling Conference  International Petroleum Technology Conference- SPE, AAPG, SEG, EAGE

17 SPE Forum Series  Focus on future challenges  Attendance limited to industry leaders  Interactive format to generate innovative ideas and open exchange  Results shared only with participants  Worldwide locations

18 Preparing the Next Generation

19 Increase in Young Members Slightly Reduces Average Age of Members to 47 Increase in Young Members Slightly Reduces Average Age of Members to SPE Membership, Excluding Student Members

20 Projection to 2010 of Industry Demographics Going out Coming in Knowledge Gap

21 Who Are Young Professionals?  Under age 35  Less than 10 years of industry experience  Industry’s next generation of leaders

22 Benefits of SPE’s Young Professionals Programs   Provides opportunities for young professionals to enhance their technical and professional competence, including “soft skills”   Helps companies get highest returns on their most precious investment: human resources

23 SPE Young Professionals Programs SPE Young Professionals Programs  The Way Ahead Magazine (Schlumberger, Saudi Aramco sponsorships) – in print and online  Young Professionals Awards  Young Professionals Workshops  Global Young Professionals Coordinating Committee  Ambassador Lecturer Program to universities to universities  Online Young Professionals Network  Local Young Professionals Activities in SPE Sections  eMentoring

24 SPE Student Member Growth  2007: 17,000 student members, 171 chapters in 52 countries  Sponsorships - Halliburton: student membership fees - BJ Services: underwrites university eLibrary subscriptions

25 Certification Pilot Program  Pilot in Middle East on professional certification, extended to Asia Pacific in 2006  Four-step evaluation process - Education - Examination - Experience - Ethics

26 SPE Requirements for Certification Certification is a voluntary add-on and not automatic with SPE membership  SPE member in good standing  Undergraduate degree - engineering, science or technology (accredited university)  4-years hands-on engineering experience  Complete comprehensive exam  Accept SPE’s Guide to Professional Conduct  Participate in 16 hours continuing education annually

27 Keys to SPE’s Success Respected resource for technical knowledge Respected resource for technical knowledge Diverse, global membership Diverse, global membership Member-driven Member-driven Lifelong opportunities for career development Lifelong opportunities for career development Neutral, non-competitive and non- commercial environment Neutral, non-competitive and non- commercial environment

28 Celebrating Around the World The 50 th Anniversary of SPE