ExxonMobil Donates $1Million to SEG

ExxonMobil will award $1 million to the Society of Exploration Geophysicists Foundation in support of the organization's mission to prepare students from around the world for careers in geophysics. The company announced the pledge at the SEG Seventy-Seventh Annual Meeting in San Antonio on September 24.

"ExxonMobil congratulates the Society of Exploration Geophysicists for its vision in providing valuable programs that encourage student participation in geophysics around the world," said Carlos Dengo, technical vice president, ExxonMobil Exploration Company. "These efforts are enormously important to our industry, where we foresee continued strong global demand for earth scientists."

The National Academies 2005 blue ribbon panel report "Rising Above the Gathering Storm" concluded that improving American students' performance in math and science is the most effective way to increase the Unites States' global competitiveness. The ExxonMobil grant will be used to establish an SEG/ExxonMobil Student Education Program that provides short courses for students. The courses will provide opportunities for students to apply their classroom knowledge while integrating geology, geophysics and engineering in a business environment.

The program will consist of multiple annual education events around the world. Each year one event will be organized in conjunction with the SEG Annual Meeting and one will be held in Europe. The third event will be organized in the Middle East, North Africa or Russia, alternating between the locations. Each education event will be two days in length and designed for participation by 25 to 30 students. ExxonMobil will also provide in-kind donations for the program that include instructors and student materials.

SEG President Leon Thomsen said, "SEG has for seventy-seven years stood for professional excellence in the practice of applied geophysics in the search for natural resources. Increasingly this excellence requires that geophysicists closely integrate with related disciplines, particularly geology and reservoir engineering. The new SEG/ExxonMobil Education Program will help introduce students from around the world to the need for subsurface integration and to the exciting challenges of careers in applied geophysics today. On behalf of the SEG Foundation and the SEG, I thank ExxonMobil for making this opportunity possible for many of SEG's 7,000+ student members."

ExxonMobil is committed to supporting programs and organizations, such as SEG, that focus on the improvement of math and science education from pre-school through higher educational levels. The company recently announced its support for the National Math and Science Initiative (NMSI), a major non-profit designed to help America maintain its global leadership position in technological innovation. ExxonMobil is making a concentrated effort to help build a diverse future workforce that is equipped with the necessary skills to meet the needs and expectations of a growing population.