King Fahd University of Petroleum & Minerals – KFUPM Team represented by students from the Geosciences Department at CPG-KFUPM | College of Petroleum Engineering & Geosciences earned the first position worldwide in the Imperial Barrel Award (IBA) competition that was held virtually on Friday, May 19, 2023. This participation comes after the team won first place in the IBA Middle East competition that took place in person last March in Bahrain.
The IBA is organized by the American Association of Petroleum Geologists (AAPG) and the AAPG Foundation, the competition gives students eight weeks to analyze seismic and geological data of a potential exploration area to determine which — if any — location should be drilled and further evaluated for oil and gas reserves potential. Each team delivers their results in a 25 minutes presentation to a panel of industry experts. Students have the chance to use state-of-the-art technology to analyze provided datasets. The judges representing experts from several major oil companies select the winning team on the basis of technical quality, clarity, and originality of the presentation.