Any upstream company - private, public or state-owned - is welcome to apply for IOGP membership.
Membership is also open to any association - national, regional or international - that already has on its roster at least two IOGP members and is directly concerned with exploration and/or production.
Associate membership is open to companies, other corporate bodies and national institutions that provide oil- and/or gas-field services to companies that qualify for full IOGP membership.
Our Memorandum and Articles of Association and Regulations provide full criteria.
A Member’s fee depend on production levels, geographical spread of upstream interests and incorporate an additional European supplement for Members operating in the EU.
There are three membership options available.
Any upstream company - private, public or state-owned - may apply for IOGP membership.
Any association (regional, national or international) of two or more company members and which is directly concerned with exploration and/or production may also be admitted as a member.
Associate membership is open to companies that provide technical field services (excluding support services such as consultancy, transport, catering, and cleaning) to an oil or gas company that is itself qualified to be a member of IOGP.
We offer Upstream and Associate memberships. In addition, a European supplement is payable by members declaring an interest in Europe.
Members pay one unit for each of the following areas in which they have an interest in operations:
The cost of each unit of account is £11,000 per annum.
Members are categorized into four tiers of fees, based on the level of the company’s production, based on gross barrels of oil equivalent (BOE):
More than 2 million BOE/d
600,000 to 2 million BOE/d
200,000 to 600,000 BOE/d
All other and associations
The multiplier does not apply to the European Supplement.
Example: For a Member with an interest in operations in all seven regions and allocated the tier 3 multiplier, the annual fee becomes:
(7 x £11,000 x 1.10) = £84,700
In addition to the standard fee for upstream membership, for companies with interests in Europe, there is an annual EU supplement of €52,500 (Euros) to cover the cost of IOGP’s Brussels Office.
There are two multipliers, depending on turnover:
More than $10 billion
Less than $10 billion
For an Associate Member with annual turnover of $10 billion operating in all seven regions, the formula would work out as:
7 x £11,000 x 0.5 = £38,500 p.a.
In addition to the associate membership fee, for companies with interests in Europe, there is an annual EU supplement of €52,500 (Euros) to cover the cost of IOGP’s Brussels office. The multipliers also apply to this figure. For an Associate Member with annual turnover of $10 billion operating in all seven regions, the formula would work out as:
€52,500 x 0.5 = €26,250 p.a.
Contact Dianne at [email protected]to enquire about membership.
Read our Membership brochure to find out how membership of IOGP can benefit your organization