Assistant Professor Elected President of Petroleum Engineering Society

Texas Tech Assistant Professor Marshall Watson recently was elected president of the Society of Petroleum Evaluation Engineers (SPEE).

The organization is a professional association formed in 1962 with the goal of bringing together specialists in the evaluation of petroleum properties. With nine local chapters and 550 members throughout the U.S., Canada and Europe, the SPEE provides educational services to both its members and the oil and gas industry, fosters the spirit of scientific research among its members, and promotes the profession of petroleum evaluation engineering.

“SPEE plans on growing its membership worldwide and to continue in its objectives of promoting the profession, fostering research and disseminating facts pertaining to evaluation,” said Watson, who teaches in Texas Tech’s Department of Petroleum Engineering. “I am looking forward to a great year for SPEE.”

Watson will serve as president for one year, and then move to the position of past-president for a year.

The SPEE has long been a leader in reserves definition and was the catalyst in defining the probable and possible categories. It also has been active on the matters of global significance in the area of petroleum reserves/resources.  In the U.S., the society led an effort that resulted in legislation (Texas House Bill 2067) signed by Gov. Rick Perry on May 28, 2011, and most recently Louisiana HB 748 signed this month by Gov. Bobby Jindal, that allows professionally licensed petroleum evaluation engineers from outside the states to legally evaluate the states’ properties.  Internationally, SPEE is working with the United Nations towards the harmonization of resource terminology.

For more information on the SPEE visit http://www.spee.org/.

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