Academic research response to the restructuring of the petroleum industry

Kanes, W H

Title: Academic research response to the restructuring of the petroleum industry

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Abstract

The international petroleum industry is currently in the midst of massive restructuring constituting one of the more dynamic shifts in direction in its more than century long turbulent history. Policies that had been dogma through the mid-1980`s are being swept away by volatility of price and shifting ownership of the resource. In response to these forces, the multinationals are redefining the mission for exploration and production and {open_quotes}right-sizing{close_quotes}. The companies are smaller, the E & P units are more narrowly focused, and increasingly support activities are being {open_quotes}outsourced{close_quotes}: Even in the largest companies, both basic and applied research activities are being cut back sharply or curtailed completely. The restructuring of the petroleum industry is coming at a time that academic institutions are experiencing a sharp reduction of public funding for research and training. With funds diminishing for {open_quotes}curiosity-driven{close_quotes} investigations, increasingly researchers in the universities and not-for-profit laboratories are developing {open_quotes}task-driven{close_quotes} research projects. Industry funded research programs, once a fringe activity in many academic institutions, are now welcome. The Earth Sciences & Resources Institute can serve as a model for successful industry-academe research linkage. During the twenty-years of its existence, it has developed as one of the largest and most comprehensivemore »« less

Authors:

Kanes, W H ^[1]

Univ. of South Carolina, Columbia, SC (United States)

Publication Date:: Tue Aug 01 00:00:00 EDT 1995

OSTI Identifier:: 127605

Report Number(s):: CONF-950995-
Journal ID: AABUD2; ISSN 0149-1423; TRN: 95:005942-0159

Resource Type:: Journal Article

Journal Name:: AAPG Bulletin

Additional Journal Information:: Journal Volume: 79; Journal Issue: 8; Conference: International conference and exhibition of the American Association of Petroleum Geologists, Inc.: managing change at the turn of the century, Nice (France), 10-13 Sep 1995; Other Information: PBD: Aug 1995

Country of Publication:: United States

Language:: English

Subject:: 02 PETROLEUM; 29 ENERGY PLANNING AND POLICY; PETROLEUM INDUSTRY; PLANNING; INTERAGENCY COOPERATION; ECONOMIC DEVELOPMENT; RESEARCH PROGRAMS; BUDGETS; EDUCATIONAL FACILITIES

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                    Kanes, W H. Academic research response to the restructuring of the petroleum industry.  United States: N. p., 1995. 
        Web.

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                    Kanes, W H. Academic research response to the restructuring of the petroleum industry.  United States.

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                    Kanes, W H. 1995.  
        "Academic research response to the restructuring of the petroleum industry".  United States.

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@article{osti_127605,

  title        = {Academic research response to the restructuring of the petroleum industry},

  author       = {Kanes, W H},

  abstractNote = {The international petroleum industry is currently in the midst of massive restructuring constituting one of the more dynamic shifts in direction in its more than century long turbulent history. Policies that had been dogma through the mid-1980`s are being swept away by volatility of price and shifting ownership of the resource. In response to these forces, the multinationals are redefining the mission for exploration and production and {open_quotes}right-sizing{close_quotes}. The companies are smaller, the E & P units are more narrowly focused, and increasingly support activities are being {open_quotes}outsourced{close_quotes}: Even in the largest companies, both basic and applied research activities are being cut back sharply or curtailed completely. The restructuring of the petroleum industry is coming at a time that academic institutions are experiencing a sharp reduction of public funding for research and training. With funds diminishing for {open_quotes}curiosity-driven{close_quotes} investigations, increasingly researchers in the universities and not-for-profit laboratories are developing {open_quotes}task-driven{close_quotes} research projects. Industry funded research programs, once a fringe activity in many academic institutions, are now welcome. The Earth Sciences & Resources Institute can serve as a model for successful industry-academe research linkage. During the twenty-years of its existence, it has developed as one of the largest and most comprehensive university-based organizations of its kind. Its success derives from balancing academic freedom and intellectual property-rights with focused research results delivered in a timely fashion with partial confidentiality.},

  doi          = {},

  url          = {https://www.osti.gov/biblio/127605},
  journal      = {AAPG Bulletin},
number       = 8,

  volume       = 79,

  place        = {United States},

  year         = {Tue Aug 01 00:00:00 EDT 1995},

  month        = {Tue Aug 01 00:00:00 EDT 1995}

}

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