To provide a forum for information exchange and to enhance the safety, efficiency, productivity and future of the petroleum industry.

To provide an organized forum in which to discuss issues relevant to the petroleum industry and hear topics addressed by industry leaders, learn ways to improve upon operations, and encourage an exchange of ideas among participants. to provide scholarships to college students pursuing degrees in the petroleum field. The scholarships help foster student interest and contribute to the development of future leaders and the consequent enhancement of the excellence and future of the petroleum industry.