Exploration Insights December 2019/ January 2020 | Page 28

28 | Halliburton Landmark Exploration Insights | 29 Figure 1> Participants of EVOLVE 2019 integration projects using seismic, wireline, core, production, and other data. It provides project- based training focused on current industry problems, which empowers the students to solve the types of challenges they will encounter when they start working in the industry. Students gain experience working with industry leaders to create and execute exploration and production workflows relating to reservoir appraisal, field development planning, and production enhancement scenarios. The EVOLVE program gives participants recognition in the industry and from SEG. The program aims to develop project management, organizational skills, teamwork, effective interpersonal communication and business values, in addition to technical activities, during collaboration with other teams and mentors. Mentorship by industry experts is a key element of EVOLVE. These personal meetings enable mentors to gain an understanding of students’ competencies and their skills gaps. Adjustments are made both by the teams and the project managers in response to these face-to-face meetings. do not always get exposure to the business settings, where decisions are based on state- of-the-art approaches and workflows, nor the opportunity to interact with industry professionals during their studies. EVOLVE offers students a unique, modern model for early asset-based learning, and works with the latest software, data platforms, and work practices. The exploration and production industry faces significant personnel challenges, which makes it all the more important to prepare students and new graduates to take the place of those that are leaving the industry. This program gives the industry access to a pool of trained individuals familiar with exploration and production practices. HALLIBURTON’S INVOLVEMENT IN EVOLVE BENEFITS OF EVOLVE FOR THE OIL AND GAS INDUSTRY Halliburton is a founder sponsor of EVOLVE. Over the years the program has been running, we have been able to reduce the time needed to accomplish projects from 10 months to 5 months. We have had over 150 EVOLVE student “graduates” to date, and expect to add over another 100 in 2020. In 2019, 40 students within 16 teams from 11 countries participated in the two half-day sessions at the SEG Annual Meeting in San Antonio. Commonly, academic educations focus on theoretical foundations and principles. Students Halliburton employees also provide support and mentorship for students and sit on the technical committee. They actively participate in preparing the students for their public presentations, as well. Evolve Experience — Mark Mlella Watching the EVOLVE presentations at the 2018 SEG annual meeting in Anaheim, CA, convinced me that I would benefit by going through the program myself. So, I persuaded some of my peers to form a team for the 2019 EVOLVE program. Upon successful admission into the EVOLVE program, my team was tasked to find investment opportunities in the Northland Basin of New Zealand. This hands-on program exposed me to a real-world project, which required the integration of seismic, wireline, core, production, and other relevant data. The data analyzed were within the context of exploration, reservoir appraisal, field development planning, and production enhancement scenarios. My team comprised graduate students from the University of Louisiana at Lafayette, and the University of Arkansas. We were given access to iEnergy and the Halliburton Landmark DecisionSpace ® platform, which allowed us to collaborate using modern software in the cloud. The cloud-based DecisionSpace software made it possible for my teammates and me to collaborate well, despite the geographic barrier, as our team members were in two different locations. My team presented at the 2019 SEG annual meeting in San Antonio, TX, where we received awards for having the best investment opportunity, best basin modeling, and most creative presentation. Overall, the EVOLVE experience was a great exposure to exploration and production projects in the oil and gas industry; and the fact that our particular project was so challenging makes it even more satisfying when looking at it in retrospect.