About PTTC

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Mission Statement: 

"PTTC benefits the nation by helping U.S. independent oil and natural gas producers make timely, informed technology decisions."

The Petroleum Technology Transfer Council (PTTC) was formed in 1994 by the U.S. oil and natural gas exploration and production (E&P) industry to identify and transfer upstream technologies to domestic producers. PTTC's technology programs help producers reduce costs, improve operating efficiency, increase ultimate recovery, enhance environmental compliance, and add new reserves. PTTC is an industry-directed, regionally-focused not-for-profit organization with programs that meet the technology needs of its primary customers—independent producers. Independents face technology decisions every day, such as whether to address an opportunity or problem with technology, what solution to use, whether it is cost effective, and how to use it. In serving as the independent producer’s “Bridge to Solutions,” PTTC fulfills three roles:

• First, it helps identify and clarify producers' problems and makes them aware of technology opportunities.
• Second, it educates producers about technology options.
• Third, it connects producers to these solutions.

Through its 10 regions, PTTC offers expert assistance, information resources, inter-disciplinary referrals, and demonstrations of E&P software. Technology workshops, currently well above 100 per year, cover the full spectrum of PTTC’s five program lines: (1) exploration, (2) drilling and completion, (3) development and reservoir, (4) operations and production, and (5) environmental issues. National and regional newsletters provide technology alerts, case studies, and other information. Databases and other important local information are available in each region.

Although PTTC does not perform or fund research and development (R&D) projects, it identifies producers' technical problems and communicates them to the R&D community. PTTC also provides valuable services to another important market segment - technology solution providers - by making them more aware of the needs of independent oil and gas producers. This group includes service and supply companies, vendors, technical consultants, government R&D programs, national labs, academia, professional societies, and others. Serving as a technology intermediary, PTTC delivers value to both groups: (1) Solution providers benefit when PTTC educates producers about their technologies and how to access them. (2) Producers benefit when PTTC helps solution providers understand the technical problems of independents.

Board of Directors

PTTC's structure is designed to ensure that the programs are producer-driven. The Board of Directors is comprised of independent producers from ten PTTC regions, along with one representative each from the Independent Petroleum Association of America, Gas Technology Institute, Interstate Oil and Gas Compact Commission, a major petroleum E&P company, a service/supply company, American Association of Petroleum Geologists, Society of Exploration Geophysicists, Society of Petroleum Engineers, and PTTC's Regional Lead Organizations.

Regional Lead Organizations

To execute the program, PTTC has under contract a Regional Lead Organization (RLO) within each region. This organization, selected by the regional Producer Advisory Group (PAG), develops and implements regional technology transfer activities under the guidance of the PAG and in compliance with policies established by the Board of Directors and National Staff.

National Staff

A national headquarters staff executes the directives of the Board of Directors, maintains an active national communications and technology transfer effort, and coordinates PTTC’s 10 regions.

Guide for Professional and Ethical Conduct

PTTC's Guide for Professional and Ethical Conduct, adopted in 1998, applies to all volunteers, as well as the national and regional PTTC staff and contractors. PTTC, embodied by its representatives and staff, recognizes its responsibility to pursue its mission while maintaining the high standards of professional and ethical conduct summarized below.

• Ethical Behavior: PTTC will be guided in all of its affairs by high standards of business ethics and professional conduct, striving to maintain honesty, integrity, fairness, impartiality, and trust. PTTC will strive to avoid making false, misleading, or unwarranted statements or representations.
• Service, Quality, Professionalism: Every PTTC action and activity will be performed in a manner that fosters the organization's mission. PTTC will professionally deliver products and services of the highest possible quality.
• Confidentiality: When those being served by PTTC require secrecy, PTTC will treat as confidential any knowledge of proprietary data or information, as directed by those providing such information.
• Referrals, Self-Interest: For those it serves, PTTC will provide unbiased referrals to the best solution providers for their problems. PTTC will deny any use of its structure or program for individual or organizational self-interest. Any potential conflict of interest that might influence (or appear to influence) the judgement, fairness, and quality of PTTC's performance in any way will be disclosed immediately.
• Copyrights, Cooperation: PTTC will honor the copyrights and other intellectual property rights of speakers, authors, and other sources of published information. PTTC will appropriately recognize the work done by others, avoid plagiarism, and avoid the acceptance of credit due others.
• Opportunity: PTTC will make every effort to ensure that its structure and programs are carried out without bias due to race, religion, gender, age, national origin, or handicap.

Public Welfare: PTTC will hold paramount the safety, health, and welfare of the public in all of its programs and activities, and act in accordance with all applicable laws.