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Standards Governance Update Budget Overview SC Chair Rotation

Standards Governance Update Budget Overview SC Chair Rotation. 2011 E&P Summer Standards Conference July 1, 2011 San Francisco, CA. API CSOEM Governance . CSOEM reports to the Upstream Committee Upstream Committee is one of five BOD level Committees

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Standards Governance Update Budget Overview SC Chair Rotation

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  1. Standards Governance UpdateBudget OverviewSC Chair Rotation 2011 E&P Summer Standards Conference July 1, 2011 San Francisco, CA

  2. API CSOEM Governance • CSOEM reports to the Upstream Committee • Upstream Committee is one of five BOD level Committees • CSOEM also coordinates with the Global Industry Services Committee, or GISC • GISC is a Resource Committee

  3. API Governance Structure

  4. API Resource Committees

  5. Upstream Committee • Upstream Committee is responsible for API E&P activities • Committee is comprised of most senior upstream API member company representatives • Chair is D. Hrap, ConocoPhillips • Committee has been very supportive of standards • Upstream Committee met May 18, 2011 • Primary issues were on Center for Offshore Safety and HF • Both issues have strong standards linkage

  6. API Executive Committee API GIS Committee API Upstream Committee • Center for Offshore Safety • Governing Board • Up to 17 members • Chairman (API-member company rep) • Producing/Operating companies (6 max) • Drilling Contractor companies (3 max) • Service & Supply companies (3 max) • Industry Association representatives (3 max) • COS Executive Director • External • Advisory Group • Government entities • Academia reps • Others as appropriate • Center for • Offshore Safety • Executive Director • Technical Support and Administrative Staff • 3rd party auditor certification program • API Global Industry Services operations Independent 3rd Party Auditors 7

  7. Global Industry Services Committee • Global Industry Services Committee (GISC) is responsible for fiduciary oversight of API’s non-dues activities • Committee is comprised of Segment volunteers and CSOEM, CRE and COPM Chairs • Committee met in June and reviewed international offices, COS, and the refinery process safety initiative

  8. 2011 Budget • 2011 Approved Budget: • $325k for contracted experts • $340k for research • $177.5k for monogram support • $842.5k total: + 32% over 2010

  9. 2012 Proposed Budget • 2012 Budget Proposal: • $530k for contracted experts • $265k for research • $65k for Measurement support • $313k for monogram support • $1,173,000k total: + 39% over 2011

  10. CSOEM Subcommittee Rotation • CSOEM – R. Torgersen, ExxonMobil, 2008 • J. Raney, Anadarko, 2011 • Offshore Structures, SC2, P. O’Connor, BP 2005 • P. O’Connor has agreed to serve an additional term, W. Turner, XOM will become chair at end of 2011 • Tubular Goods, SC5, J. Powers, ExxonMobil 2007 • Valves & Wellhead Equipment, SC6, S. Lewis, ExxonMobil, 2010 • Drilling Structures, SC8, R. Urbanowski, Precision Oilfield Drilling Services, 2008 • Well Cements, SC10, D. Stiles, ExxonMobil, 2008 • S. Saville, Ametek Chandler Eng., 2011

  11. CSOEM Subcommittee Rotation • Field Production Equipment, SC11, B. Freeman, Chevron, 2009 • Drilling Fluids, SC13, P. Scott, ConocoPhillips, 2010 • Plastic Tubulars, SC15, A. Wilkes, CP Chem/D. Granderson, Fiberglass Systems, 2010 • Drill Through Equipment, SC 16, M. Whitby, Cameron, 2009 • Subsea Equipment, J. Bednar, BP, 2001 • R. Frazier, ATP Oil & Gas, has been appointed Vice Chair January 2010 • Quality, SC18, M. Wright, Shell, 2008 • S. Hagen, 2011 for 2 years, T. Mitchell, HESS, V Chair • Completion Equipment, SC19, J. Yonker, CEC, 2008 • A. Freeman, 2011 • Supply Chain Management, SC20, E. Wehner, 2011

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