What does IOGP stand for?

The International Association of Oil & Gas Producers ( IOGP) is the petroleum industry 's global forum in which members identify and share best practices to achieve improvements in health, safety, the environment, security, social responsibility, engineering and operations.

Who are IOGP members?

Most of the world’s leading publicly traded, private and state-owned oil & gas companies, oil & gas associations and major upstream service companies are members. The IOGP claims its members produce 40% of the world’s oil and gas.

Does IOGP have a position on international standards?

IOGP has taken a very clear position on the development and use of international standards for the benefit of its members and industry alike (IOGP Report No. 381). In these days of restrictive trade measures, IOGP has temporarily taken on an important role of harbouring a lot of this work under the Standards Solution.

What is IOGP Production Indicator?

It is based on the latest BP Statistical Review of World Energy and establishes an IOGP Production Indicator© (PI) – the level at which a region is able to meet its own oil or gas demand – for seven regions across the world. A PI higher than 100% means the region produces more than it needs to meet its own requirements and so can export.