Carlos Torres-Verdin, petroleum engineering professor at The University of Texas at Austin, received the 2008 Society of Petroleum Engineers Formation Evaluation Award for his original research on numerical simulation and interpretation of borehole geophysical measurements, including well logs, acquired for the petrophysical assessment of rock formations penetrated by a well. His research determines how porous and permeable rocks are, and whether they are saturated with enough hydrocarbon volume for efficient and economical oil/gas extraction.

Professor Torres-Verdin holds the Zarrow Centennial Professorship in Petroleum Engineering.