Petroleum Engineering Alumni Newsletter - March 2010

Thursday, April 01, 2010

We held our annual spring career fair on March 2nd in TU’s Allen Chapman Activity Center. The job market is tight and I very much appreciate the fact that we eleven companies attended the career fair - Apache Corporation, Bluestone Energy Services, Ltd., Continental Resources, Hilcorp Energy Company, Kaiser-Francis Oil Company, JMA Production, Petrohawk Energy Corporation, Williams Energy, Newfield Exploration Company, Sheridan Production Partners, and St. Mary Land & Exploration. We had participation from more than one hundred students. The fair was originally scheduled to take place from 6:00-7:00 p.m., but lasted until well after 8:00 p.m. It was a good experience for the students and, hopefully, for the companies as well. I want to thank all of the companies that participated. I also want to thank TU’s Career Services for organizing the event. I know that many students have received either an internship or a permanent job as a result of this event. By my last count, of all the Petroleum Engineering students who graduated in December 2009, only one student is still looking for a job. Considering how tough the environment has been, I am thankful for the opportunities the companies provided to all our graduating seniors. We still have some seniors who will be graduating in May 2010 who do not have jobs. If you have an opening and are looking for a fresh graduate, please contact me and I will be happy to provide you with the students’ resumes.

Over the last two weeks, I had an opportunity to listen to two presentations on global warming. One was by Chansoo Joung of Warburg Pincus and the other was by Charles Perry, a Hydrologist working for the U.S. Geological Survey. Both lectures were very informative. The one thing I gathered from both of the presentations is that the earth is warming over the last several years; there is very little dispute about that except for maybe by how much. The real question is how do we model the increase in temperature? I believe that this is an area where there is lot of controversy. Many of these models are very coarse, the temperature data collected is subjected to significant interpretation, and the effect of aerosols and clouds on the temperature can be significant and not clearly understood. In the context of these models, Mr. Joung quoted Warren Buffet. According to Mr. Buffet (and I am rephrasing it!): People should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, (we) forget to examine the assumptions behind the symbols. Our advice: Beware of geeks bearing formulas.”

Alumnus of the Month

Mustafa Onur is a professor and chairman of Petroleum and Natural gas engineering at Istanbul Technical University, Turkey. He has taught at various academic institutions in different countries, and has been involved in various industrial projects for private and public major oil and service companies since 1989. His expertise and interests are in pressure transient tests including wire-line formation and well testing, reservoir simulation, reservoir performance predictions methods, geothermal reservoir engineering, and nonlinear parameter estimation. He holds a B.S. degree from Middle East Technical University, Turkey (1982), and M.S. (1986) and Ph.D. (1989) degrees from The University of Tulsa, all in petroleum engineering.  He has served on the editorial committees of Turkish Journal of Oil and Gas, SPE Reservoir Evaluation and Engineering, SPE Journal, CT&F (Ciencia, Technologia y Futuro, ecoPETROL) as both technical and associate editor. He is a member of the Society of Petroleum Engineers (SPE) and United Chambers of Turkish Petroleum Engineers. He was the recipient of the Society of Petroleum Engineer’s Outstanding Technical Editor Awards in 2004, 2005, 2007, 2008, and 2009. Further, he has over 35 refereed journal publications, over 60 papers presented and/or published in conferences and proceedings, and over 10 funded research projects. Dr. Onur is also co-author of the book titled “Pressure Transient Formation and Well Testing: Convolution, Deconvolution and Nonlinear Estimation,” to be published in September 2010 by Elsevier. To learn more about Dr. Onur, visit the Alumnus of the Month - March 2010 feature on our website.

Keep sending your comments.

Mohan Kelkar
Chairman and Williams Endowed Chair Professor

Petroleum Engineering Dept.