IHS Donates Software Valued at $4.4 Million
The burgeoning geoscience industry requires expertly trained professionals. A recent in-kind gift from IHS is ensuring that UT Arlington graduates have the skills to succeed in this highly competitive field.
IHS, a global information and analytics provider, granted a software license worth an estimated $4.4 million over three years to the College of Science. The gift will give students and professors access to the latest in petroleum industry technology.
The company granted the license to the Department of Earth and Environmental Sciences. The software it covers is widely used in the petroleum and natural gas industry for seismic interpretation related to exploration and production. The agreement provides software for 25 computers.
“The goal of the IHS Educational Gifts program is to put leading-edge geoscience software in the hands of students and faculty for educational and research purposes,” says Bill Stephenson, IHS vice president of sales, Americas. “It also gives them software experience with the tools that are used in the global energy marketplace.”
College of Science Dean Pamela Jansma believes the Earth and Environmental Sciences Department will benefit greatly from the gift.
“UT Arlington geoscience students, especially those in our petroleum-focused Master of Science program, are the real winners here,” she says. “This is a great tool, and IHS’s generosity will ensure they’ll be experienced in using this critical software when they graduate.”
The American Geological Institute estimates that employment in geoscience-related occupations will grow 23 percent from 2008 to 2018.