IADC Provides Scholarships for Petroleum Engineers

The Houston Chapter of the International Association of Drilling Contractors will distribute US$ 87,000 worth of scholarships to 27 petroleum-engineering university students during the 2004-2005 school year.

The chapter has awarded 24 individual scholarships of $3,000 each to petroleum-engineering juniors and seniors for the academic year.

In addition, for the first time, the chapter has made $5,000 grants to three individual universities. These scholarships are to be awarded by the universities to deserving freshmen showing an interest in petroleum engineering. The three universities are Texas A&M University, College Station; University of Texas at Austin, and Texas Tech University, Lubbock.

"The schools are empowered to select the recipients of the scholarship money," explained John Pizzitola, New Tech Engineering, Scholarship Advisor for the IADC Houston Chapter.

The chapter set only two conditions for distributing the funds. First, the entire chapter donation must be distributed to students. Second, recipients must be freshmen enrolled in pre-requisite classes required by the school's Petroleum Engineering departments.

The IADC Houston Chapter funds its annual scholarship program primarily from revenues generated by its annual golf tournament, normally held in mid-September.

"It is through the efforts of our membership, especially those individuals that generously donate their time and energy to serve on the golf committee, that the Houston Chapter of the IADC is able to provide these scholarships," said IADC Houston Chapter Chairman Anthony Gallegos of Atwood Oceanics. "The Houston Chapter looks forward to continuing to support men and women as they pursue their degrees in petroleum-related studies."

The IADC Houston Chapter is one of the Association's largest, with 1178 members in the greater Houston metropolitan area. In addition to funding scholarships for petroleum engineering students, the IADC Houston Chapter is a strong supporter of the Just Like Us organization, which supports the programs at T.H. Rodgers School for multiply disabled children.

IADC is dedicated to enhancing the interests of oil-and-gas and geothermal drilling contractors worldwide. IADC's contract-drilling members own most of the world's land and offshore drilling units and drill the vast majority of the wells that produce the planet's oil and gas. IADC's membership also includes oil-and-gas producers, and manufacturers and suppliers of oilfield equipment and services. Founded in 1940, IADC strives to secure responsible standards, practices, legislation and regulations that provide for safe, efficient and environmentally sound drilling operations worldwide. IADC holds Accredited Observer status at the International Maritime Organization and the International Seabed Federation, branches of the United Nations. The Association is a leader in developing standards for industry training, notably its Well Control Accreditation Program (WellCAP)â and rig-floor orientation program, RIG PASSâ. IADC is headquartered in Houston and is one of the city's largest trade and professional associations. IADC also has offices in Washington D.C., the United Kingdom, the Netherlands and the Middle East, as well as chapters in the UK, Venezuela, Brazil, Australasia, South Central Asia, Southeast Asia, the Middle East and across the United States.