Robert Shoup gives a talk at Institute Technology Bandung

Published
American Association of Petroleum Geologists (AAPG)

Following the very successful Bandung Technical Symposium (13-14 September 2017), several of our AAPG Region members were able to pay visits to the Institute of Technology in Bandung. AAPG Region Vice President Mark Tingay and Region Delegate John Kaldi were there teaching. Bob Shoup, Region Delegate and past-chair of the AAPG House of Delegates, visited the Student Chapter to give the talk "10 Habits of Highly Successful Oil Finders". The talk was attended by 30 students.

ITB Annisa and Bob Shoup
ITB Annisa and Bob Shoup
Bob prefaced the talk with a discussion about oil prices and the business cycle, comparing this current downturn to the 1986 price collapse. He noted that during the 1986 downturn, companies started returning to 'business as usual' after about 2 years; long before the price of oil fully recovered. He believes that we should see companies begin hiring and re-starting their training programs in 2018. He noted that it will still be a very competitive environment as there are more applicants than jobs. Those students then can learn the 10 Habits will be more likely that of successful oil finders, making them more competitive in the market.

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