Rapid City, SD (PRWEB) September 04, 2012
The South Dakota School of Mines and Technology has received a software donation valued at $49 million by Schlumberger.
The package includes four types of commercial-grade software that help interpret the geology of petroleum fields and plan for drilling and production.
The gift will be incorporated into petroleum-related course work in the South Dakota School of Mines and Technology Department of Geology & Geological Engineering and will represent a significant step in the development of a stronger energy program at the university.
SD Mines students will benefit by learning skills through hands-on experience with industry-grade software and through research opportunities made possible by the software.
For example, Petrel* software will be used immediately in the South Dakota School of Mines and Technology’s research to evaluate the feasibility of oil and gas development of the Niobrara Formation on the Rosebud Sioux Reservation as part of a Department of Energy grant to Dr. J. Foster Sawyer of SDSM&T. That research, jointly conducted by Sawyer and Sinte Gleska University faculty member Dr. Subodh K. Singh, could potentially improve the quality of life for Native American residents on the Rosebud Reservation in the form of economic development and a stable heat source for homes.
“The South Dakota School of Mines and Technology is honored to have been chosen by Schlumberger to receive this generous gift. Exposure to this industry-standard software will be an outstanding educational experience and will provide students with the background they need to better compete for industry positions on a national and international level,” said university President Robert A. Wharton, Ph.D.
Mines geology department faculty members have been working with Schlumberger representatives to receive training, acquire educational datasets, and begin utilizing software in the computer laboratory for student use starting this semester.
Dr. Laurie Anderson, department head, said hands-on experiences that the Schlumberger gift offers will improve student job prospects, as many companies have scaled back their in-house training. “There is a greater expectation that students graduate with this training under their belts. We are trying to make sure our students have as many training opportunities as possible.”
The donation will serve as an important recruiting tool to attract new students to the energy field, said Sawyer, the assistant professor of geology and geological engineering who authored the Schlumberger request. “Industry loves our students already, and this will give them an added edge as they apply for jobs in the oil and gas industry.
Schlumberger will also recruit students at this year’s Career Fair to be held Sept. 25 at the Surbeck Center on the South Dakota School of Mines and Technology campus.
The Schlumberger gift includes 20 site licenses, four in faculty and student research and 16 for the department’s computer classroom for student use in courses. Four areas of software included are:
Founded in 1885, the South Dakota School of Mines and Technology is a science and engineering university located in Rapid City, S.D., with an enrollment of approximately 2,300 students from 32 countries. The SD School of Mines offers 16 bachelor’s, 15 master’s and seven doctoral degrees. The student-to-faculty ratio is 14:1, with 2011 graduates enjoying a 97 percent job placement rate and an average starting salary of $56,723. Find us online at http://www.sdsmt.edu.
Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 115,000 people representing over 140 nationalities and working in approximately 85 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production. Schlumberger Limited has principal offices in Paris, Houston and The Hague and reported revenues of $36.96 billion in 2011. For more information, visit http://www.slb.com.
*Mark of Schlumberger