1 / 29

University of Houston Bauer College -- GEMI

Building the Energy Workforce of the Future. University of Houston Bauer College -- GEMI. Arthur L. Smith, CFA John S. Herold, Inc. Chairman & CEO November 3, 2005. G reater H ouston E nergy E ducation C ollaborative. G.H.E.E.C. Let’s Place Today in Perspective.

jaden
Download Presentation

University of Houston Bauer College -- GEMI

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Building the Energy Workforce of the Future University of HoustonBauer College -- GEMI Arthur L. Smith, CFA John S. Herold, Inc. Chairman & CEO November 3, 2005

  2. Greater Houston Energy Education Collaborative G.H.E.E.C.

  3. Let’s Place Today in Perspective • Very Difficult 1998-99 • Strong Wellhead Prices for Oil & Natural Gas • Phobia of another Price Meltdown (2001) • Malaise in Energy Convergence • Profound Cynicism among Energy Investors • Continuing Consolidation • But many new Start-Ups • Great Opportunities!

  4. Headcount of the Top 25

  5. The Occupational Handbookis Wrong about Oil & Gas

  6. Petroleum Extraction is NOTa Sunset Business

  7. The Outlook is Bright • DOL is extrapolating yesterday’s job market in its current assessment that “employment in the oil & gas extraction industry is expected to decline 28% through the year 2012” . . . “while overall employment will increase by 16%.” • The petroleum sector “real world today ‘is very strong – and likely to get even stronger

  8. Big Oil -- Big Downsizers

  9. Alminex Ltd. Equity Oil & Gas Pauley Petroleum Amarex, Inc. Exchange Oil & Gas Pennzoil United Amerada Hess Falcon Seaboard Petrofina Canada Apco Oil Felmont Oil Pubco Asamera, Inc. Forest Oil Ranger Oil Austral Oil General American Oil Reading & Bates Aztec Oil & Gas General Crude Oil Reserve Oil & Gas Banff Oil, Ltd. Great Basins Petroleum Sabine Royalty Belco Petroleum Great Plains Development Scurry-Rainbow BP Oil & Gas Gulf Oil Canada Shenandoah Oil British Col. Oil & Gas Hamilton Bros. Petroleum Signal Companies Butte Oil & Gas Helmerich & Payne Sinclair Venezuelan Canadian Exports Oil/Gas Home Oil Skelly Canadian Gridoil Hudson's Bay Oil & Gas Southern Natural Gas Canadian Homestead Husky Oil, Ltd. Southland Royalty Canadian Ind. Gas & Oil Imperial Oil Southwest Gas Prod. Co. Canadian Superior Inexco Oil Superior Oil Central-Del Rio Kathol Petroleum Texas American Oil Cleary Petroleum Kewanee Texas Int’l Petroleum Clinton Oil Kirby Petroleum Texas Oil & Gas Consolidated Oil & Gas Louisiana Land & Exp. Texas Pacific Oil Co. Consolidated Production LVO Corp. Tipperary Land & Exp. Mesa Petroleum TransOcean Oil Continental Oil Co. Creole Midwest Oil United Canso Oil & Gas Crestomont Oil & Gas Mission Corp. Webb Resources Crystal Oil & Land Noble Affiliates Westates Petroleum Dome Petroleum Ocean Drilling & Exp. Westcoast Production Co. Pacific Petroleum Western Decalta Eason Oil Empire State Oil Co. Pan Ocean Oil Company Wilshire Oil of Texas JSH CoverageJanuary 1970 86 INDEPENDENT E&P COMPANIES

  10. Equity Oil & Gas Pauley Petroleum Amarex, Inc. Pennzoil United Amerada Hess Petrofina Canada Felmont Oil Asamera, Inc. Forest Oil Ranger Oil General American Oil Reading & Bates Great Basins Petroleum Sabine Corp. Belco Petroleum Scurry-Rainbow Gulf Oil Canada Hamilton Bros. Petroleum Butte Oil & Gas Helmerich & Payne Home Oil Hudson's Bay Oil & Gas Southern Natural Resources Canadian Homestead Husky Oil, Ltd. Southland Royalty Imperial Oil Inexco Oil Texas American Oil Texas International Petroleum Kirby Petroleum Texas Oil & Gas Conoco, Inc. Consolidated Oil & Gas Louisiana Land & Exp. Tipperary Land & Exploration Mesa Petroleum TransOcean Oil United Canso Oil & Gas Webb Resources Crystal Oil & Land Noble Affiliates Dome Petroleum Ocean Drilling & Exp. Westcoast Production Co. Energy Reserve Group Wilshire Oil of Texas JSH Coverage--January 1980 INDEPENDENT E&P COMPANIES 45 Survivors

  11. JSH Coverage 1990 & 2004 INDEPENDENT E&P COMPANIES Nov 2005 – 4 Survivors Jan 1990 - 14 Survivors Mesa Inc. Amerada Hess Amerada Hess Equity Oil & Gas Noble Affiliates Equity Oil & Gas Forest Oil Pennzoil Forest Oil Home Oil Ranger Oil Helmerich & Payne Reading & Bates Imperial Oil Imperial Oil SONAT Louisiana Land Wilshire Oil of Texas Noble Energy

  12. OXYMORONSJSH Favorites Great Depression Jumbo Shrimp Peacekeeper Missiles OBSCENE PROFITS! Friendly Fire Working Vacation Legally Drunk Airline Food Casual Sex Microsoft Works Marital Bliss Tight Slacks Synthetic Natural Gas Military Intelligence

  13. Associations Society of Petroleum Engineers (SPE) Houston Geological Society (HGS) Independent Petroleum Association of America (IPAA) American Petroleum Institute (API) Women in Energy Network Houston-Galveston Area Council UH-GEMI Energy Students Association Texas Oil & Gas Association State of Texas Industry Cluster/Energy Engineering Council of Houston Schools Texas A&M San Jacinto College Rice University UH- Cullen College of Engineering UH- Global Energy Management Institute Environmental Institute of Houston (UH-Clear Lake) Houston Community College System (HCCS) HISD San Jacinto College Texas Southern University HUNSTEM GreaterHouston EnergyEducation Collaborative 26 Members & Growing G.H.E.E.C. • Organizations • INROADS • Offshore Energy Center • Junior Achievement • Education Foundation of Harris County (EFHC) • Watson Wyatt

  14. G.H.E.E.C. Mission • ToRAISE AWARENESS and HEIGHTEN INVOLVEMENTof all students into energy-specific education • ToLEVERAGE ACTIVITIESof its key constituencies to have greater impact on achieving the fundamental mission • To become theLEADING ENERGY EDUCATION COMMUNITYthat leverages off Houston’s energy know-how and is a role model for initiatives in other communities

  15. If you are worried about the “Graying” of the Oil Industry

  16. GreaterHouston EnergyEducation Collaborative G.H.E.E.C.

  17. GreaterHouston EnergyEducation Collaborative Petroleum Engineering G.H.E.E.C. Starting Salaries are Rising Sharply 2005 Graduates Engineering Business Geosciences

  18. GreaterHouston EnergyEducation Collaborative Leverage Strategy G.H.E.E.C. • Consensus for a flexible, solution-driven collaborative that provides opportunities for: • NETWORKINGand sharing • LEVERAGEoff each other • Providing critical mass for organizations toINCREASE IMPACTand influence results (e.g. leveraged marketing)

  19. GreaterHouston EnergyEducation Collaborative 3 Task Force Groups G.H.E.E.C. • Content – Capability Framework • Marketing – Promotion of Workforce Challenges and Solution-Oriented programs • Policy – Impact Educational Public Policy

  20. GreaterHouston EnergyEducation Collaborative Showcase Of the Programs G.H.E.E.C. • Jeanne Perdue (Society of Petroleum Engineers) • Brenda Wiser (American Petroleum Institute) • Kristina Hardwick (Offshore Energy Center) • Jennifer Anderson (Junior Achievement)

  21. GreaterHouston EnergyEducation Collaborative G.H.E.E.C.

  22. August 12-16th,2005

  23. August 26th, 2005

More Related