Credit Interchange Division (CID)
The Credit Interchange Division (CID), operating as a cooperative venture among PESA member companies since 1955, facilitates the confidential exchange of up-to-date ledger experience among its member companies and divisions. CID currently maintains a database of over 50,000 ledger entries on nearly 10,000 existing and potential customers. CID provides secure Internet access to its credit database, implementing increased connectivity, functionality and ease of use to those members who utilize CID to assist them in the effective management of their receivables. CID’s Annual Meeting provides an excellent opportunity for credit personnel to meet with peers from participating member companies and discuss issues that affect their day-to-day operations.
CID membership is available to PESA Industry Member companies who maintain a distinct credit department.
If you would like further information on becoming a member of CID, please contact the PESA-CID office at 713-932-6622
Closing the Gap
PESA’s Emerging Leaders Committee began in 2006 with the intent to close our industry’s generation gap. The tenets of the plan were to bring the younger generation into PESA, its events, and its benefits; and to create programs with value both for future leaders and for PESA.
Today, the Emerging Leaders are among the most active committees in PESA, hosting four to five events per year. The group sponsors its signature events—Oil & Gas 101 and the Executive Address Series, as well as the Emerging Leaders-only social events and other industry functions.
The PESA Energy Educators Committee identifies programs with best practices in STEM and energy-specific education and workforce development. From early childhood education programs to secondary and higher education STEM programs, this committee helps PESA member companies channel member resources and knowledge, promote the industry with an aim to attract new talent and positively influence public opinion.
The Energy Educators oversee PESA’s commitment to the IPAA/PESA Petroleum Academies in Houston and Ft. Worth, TX, and the first-of-its kind Energy Institute High School, a full magnet high school in the Houston Independent School District dedicated entirely to the development of the geosciences, alternative energy and offshore technology. The Petroleum Academies and Energy Institute provide students with a multidisciplinary, advanced academic learning experience in science, mathematics and the emerging technology concepts needed to pursue professional training and degrees in engineering, geology, geophysics and global energy management in the oil and natural gas industry.
PESA member companies also participate in the summer extern program with the Petroleum Academies. Students selected to participate in the extern program spend three weeks with PESA member companies, attending executive meetings, testing equipment, learning about technology, and getting a sense of the industry.
Energy Educators Committee Chairman Pat Bond moderates many of the Petroleum Academy events, and PESA has funded stipends for teacher training, student scholarships, and awards to teachers and schools demonstrating educational excellence.
The committee hosts an annual Energy Educators Sporting Clays Tournament to raise funds for PESA’s education programs, which include the events above as well as providing scholarships, hosting Mobile Offshore Learning Units at local schools, and more.
For PESA members, there are opportunities to participate as guest lecturers at the Petroleum Academies along with the chance to serve as mentors for the students attending the academies.
If you are interested in getting involved with the Energy Educators, please contact us here.
Explorers of Houston
Each November, the PESA Explorers of Houston Committee honors and exploration and production company that demonstrates excellence in technological innovation and leadership in the industry. This committee also sponsors a premier golf tournament held annually in March, which supports the Explorers Award Program and provides contributions to the Offshore Energy Center in Galveston, Texas, and national Energy Education Development programs.
For the past 21 years, PESA has co-sponsored a Foreign Service Officer Energy Industry Training Session with the U.S. Departments of State, Energy, and Commerce. The week-long training familiarizes Foreign and Civil Service Officers with the energy industry to facilitate informed energy decisions at their embassy posts around the world, specifically in energy-intensive countries. Member and customer companies along with nationally recognized educational institutions provide experts, materials, and equipment for the training program. To date, PESA has trained more than 550 federal government officers.