Montana Technological University was the recipient of a donation from Petroleum Experts (Petex) in the form of educational licenses for their geological and petroleum engineering software, valued at approximately $6.5 million. Geological, petroleum, and civil engineering students enrolled in structural geology for engineers and sedimentology and petroleum geology courses at the university will have the opportunity to use the state-of-the-art technology.
Petroleum Experts, a Scotland-based company created in 1990, offers a variety of products including integrated production modeling software, digital oilfield software, and MOVE software which specializes in structural modeling and analysis.
“We are very grateful to Petex for offering this impressive donation, and we are positive this will help us train future engineering leaders in the geological and petroleum engineering fields," Department Head of Geological Engineering Glenn Shaw shared in a press release.
Both undergraduate and graduate students in Montana Tech’s 70-year-old petroleum engineering department will have the opportunity to use the software.