Integrated Petroleum Environmental Consortium (IPEC)
Industrial Advisory Board (IAB)
Pre-Proposal Recommendation Process
Dimensions of Merit
The IAB will evaluate the relevancy of pre-proposals based on the criteria given below. It is recognized, that no single pre-proposal will address all of these criteria.
- Addresses one or more environmental needs or concerns of the oil and gas industry.
- Demonstrates involvement of industry representatives.
II. Operational and Business Practice
- Anticipates results which will be broadly applicable within one or more sectors of the oil and gas industry.
- Provides technology which will be delivered in an immediately applicable form. Specifically, the technology to be delivered should have the following attributes:
- Be cost-effective and economic.
- Be more easily, readily or less expensively implemented than current, comparable, technology.
- Offers a reasonable prospect for implementation within three (3) to five (5) years.
- Does not offer a reasonable prospect for implementation within three (3) to five (5) years, but does offer a reasonable prospect for significant and substantial operational or business practice improvement for the oil and gas industry.
- Focuses on existing and/or anticipated problems.
- Will enhance the economic viability of the oil and gas industry.
- Will enhance the sustainability of the oil and gas industry.
- May eliminate, mitigate or accurately assess current or future environmental liability of the oil and gas industry.
IV. Information Transfer and Dissemination
- Incorporates elements clearly intended to facilitate technology transfer and/or dissemination of the information or technology developed to for the oil and gas industry at large, and, as appropriate, relevant portions of the general public.
- Will demonstrate positive environmental action by the oil and gas industry to the general public.
V. Technological Advantages
- Incorporates elements which are innovative or unique.
- Fills a significant need or addresses a significant concern of the oil and gas industry.
- Incorporates elements which are proactive in nature.
- Anticipates regulatory change.
- Does not require regulatory change.
- Reduces the current regulatory burden placed upon the oil and gas industry.