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Cognitive bias, in its many manifestations, is the major cause of geotechnical overestimation and faulty probability forecasts in petroleum geoscience. The five most prevalent cognitive biases in petroleum E&P are: Confirmation Bias; Overconfidence; False Analogs; Anchoring; and Motivational Bias. They are caused by premature selection of theory, personal hubris, lack of perspective, lack of imagination, laziness, and excessive self-interest. Important influences include the existing organizational reward system, economic pressure for objective geotechnical results, and the anticipated consequences of project reviews and evaluations. In fact, the field of E&P Risk Analysis emerged during the 1980s to help identify and reduce bias in assessing the value of new plays and prospects. Companies that routinely utilize disciplined methods of Risk Analysis tend to deliver on their E&P promises.

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Although the first image that most people have of oil and natural gas development is a drilling rig, the actual process includes many additional steps involving dozens of scientist, engineers and technicians over as long as a decade.

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These slides contain the following sections: Industry Outlook, Careers/Jobs in the Geosciences, How to Get Started, Q&A Preparation Material and Additional Content.

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A panel of executive-level experts share their observations and concerns about manpower for the oil industry in a special session at the AAPG International Convention and Exhibition in Cape Town held October 2008.

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A panel of executive-level experts share their observations and concerns about manpower for the oil industry in a special session at the AAPG International Convention and Exhibition in Cape Town held October 2008.

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A panel of executive-level experts share their observations and concerns about manpower for the oil industry in a special session at the AAPG International Convention and Exhibition in Cape Town held October 2008.

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A panel of executive-level experts share their observations and concerns about manpower for the oil industry in a special session at the AAPG International Convention and Exhibition in Cape Town held October 2008.

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A panel of executive-level experts share their observations and concerns about manpower for the oil industry in a special session at the AAPG International Convention and Exhibition in Cape Town held October 2008.

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Presented by Bob Shoup on a visit to Khon Kaen University. A great resource admonishing the audience to "Take Reponsibility: It is your career. It is your responsibility."

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The following Slide presentation on Geoscience Careers was prepared by Chuck Caughey, Chair of the AAPG Visiting Geoscientist Program Committee, for use by Visiting Geoscientists on campus visits. Visiting Geoscientists may wish to add or subtract slides to personalize the presentation and adapt it to their audiences. Talking points are included.

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Please Note

This is a resource for members of AAPG, teachers, student and media who need visual aids for a speaking engagement or other illustrative applications.

All slides are provided by the original speaker and in some cases with notes or talking points and small previews of each slide. If you need a better quality for print, please contact the individual for their permission and higher resolution material.

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