<P> In 2018, IOGP published its Global Production Report . It is based on the latest BP Statistical Review of World Energy and establishes an IOGP Production Indicator © (PI)--the level at which a region is able to meet its own oil or gas demand--for seven regions across the world . A PI higher than 100% means the region produces more than it needs to meet its own requirements and so can export . </P> <P> The main conclusion of the report is that demand growth and the annual depletion rate of 6% of existing fields are driving the need for investment to gain additional volumes . Such investment will depend on regional and local policies that encourage responsible resource development . </P> <P> In 2005, IOGP absorbed the European Petroleum Survey Group or EPSG (1986--2005) into its structure . EPSG was a scientific organization with ties to the European petroleum industry consisting of specialists working in applied geodesy, surveying, and cartography related to oil exploration . EPSG compiled and disseminated the EPSG Geodetic Parameter Set, a widely used database of Earth ellipsoids, geodetic datums, geographic and projected coordinate systems, units of measurement, etc . </P> <P> The award, in association with the biennial SPE HSSE - SR International Conference, recognizes the achievements of an individual with fewer than 10 years of professional E&P experience, who demonstrates professional accomplishments and evidence of outstanding talent, dedication and leadership in at least one aspect of health, safety, security, the environment and / or social responsibility . </P>

International association of oil & gas producers (ogp)