STUDENT CHAPTER & IBA - coordinated by David Contreras
Imperial Barrel Award 2010 Results
The European Regional Finals for the Imperial Barrel Awards 2010 took place at the Albion Hotel in Prague, Czech Republic on 26th & 27th March 2010. This exciting competition continues to grow in popularity and this year received thirteen teams from all over Europe. The Universities that took part were, University of Leoben, IFP School, Lomonosov Moscow State University, Tyumen State Oil & Gas University, Eotvos Lorand University, Lisbon University, Imperial College London, National Taras Shevchenko University of Kiev, University of Southampton School of Ocean & Earth Science, Nancy School of Geology, University of Montpellier, Royal Holloway University of London and Ivano-Frankovsk University. Each of the university teams competed against each other by giving a presentation of a fictional oil & gas prospect that they had developed from real data to a panel of six industry judges. The winning team came from IFP School, second place went to Southampton University and third was the team from Nancy School of Geology.
The winning IFP School team then took part in the Global Final at the AAPG Annual Convention in New Orleans on 9th April 2010, competing with teams from the Middle East region, Asia-Pacific, Africa, Latin America and North America. Each team presented to an international panel of industry judges and once again, IFP School won first place, winning the Imperial Barrel Award plus $20,000. Second place went to the Canadian region team and were awarded the Selley Cup plus $10,000 and the Middle East region team came third and received the Stoneley Medal plus $5,000.
Congratulations to the IFP School Team
Both the European regional finals and the global finals of the Imperial Barrel Award competition are great opportunity for students to network with each other, judges and company representatives and to find out more about careers within the upstream oil and gas industry.
The AAPG European region would like to thank the sponsors of the 2010 Imperial Barrel Award.
Imperial Barrel Award
The AAPG Imperial Barrel Award (IBA) is an annual basin/prospect evaluation competition for geoscience graduate students. The programme is rigorous and contributes to AAPG’s mission of promoting petroleum geoscience training and providing geoscience students with experience of the industry.
University teams analyze a dataset in the 6-8 weeks prior to their local competition and deliver their results in a 25 minute presentation to a panel of industry experts. Students have the chance to use real technology on a real dataset, receive the feedback from an industry panel, have the opportunity to impress potential employers in the audience and the chance to win cash prizes for their schools.
- The timing of the 2011 IBA programme is as follows:
- Final Commitment, December 1, 2010.
- Datasets Released, first Week of January, 2011.
- Regional Competition in Prague, March 25-26, 2011.
- Global Competition in Houston, April 8, 2011
The European Region can accommodate 12 teams and these will be chosen on a “first come first served” basis amongst those that make a final commitment to the programme. Please note that all travel and accommodation expenses for the Regional final will be covered by the AAPG European Region and the winning team will receive travel and accommodation expenses to the AAPG 2010 Annual Convention and Global IBA Competition.
If you are a faculty advisor of one of the European Region Universities that would like to register interest and apply for a team representing your University to take part please contact Jeremy Richardson, AAPG European Region Director at the AAPG European Office on +44(0)2074341399 or email@example.com.
Also if your company would like to sponsor this exciting event please contact John Brooks, AAPG European Region Past President and IBA Sponsorship Chair: firstname.lastname@example.org
Further details on the Imperial Barrel Award Competition can be found Here.
IFP School wins the IBA 2010
A team of five graduate students from the IFP School "Petroleum Geosciences" program (made up of geologists and geophysicists of the 2010 class) won the first prize of 2010 Imperial barrel Award (IBA, www;aapg.org/iba/), beating out in the finals 11 other teams from geology and geophysical departments from around the world (6 US Section teams and 5 Region teams). The competition was held on Monday, April 12th, in New Orleans, two days before the start of the AAPG Annual Convention and Exhibition and the winners were announced at the AAPG Student Reception.
Finishing second (Selley Cup winners) was the team from the University of Calgary, representing the Canada Region and finishing third (Stoneley Medal winners) was King Fahd University (Saudi Arabia), representing the Middle East Region. These three teams earned individual medals and respectively 20,000$, 10,000$ and 5,000$ for their department funds.
AAPG’s IBA program is an annual prospect/exploration evaluation competition among university student teams that use real data to develop and sell fictional prospects. The IBA program is designed to allow teams of students the chance to evaluate the petroleum potential of a sedimentary basin and to test their creative geological interpretations. Their work must be completed in a six-to-eight week period, with results presented to – and judged by – an independent panel of petroleum industry experts.
Members of the IBA winning team are Matthieu Bregeaut, Francys Espaillat, Jeanne Pelé, Shiladitya Sengupta, Herman Rojas. Their faculty adviser is Anne Jardin.