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Business and Economics

Explorer Emphasis Article

Its present lull notwithstanding, the Permian Basin has been a production behemoth for years. The archetypal super basin in West Texas is the primary growth driver in U.S. oil production and may become the largest oil patch in the world over the next decade.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Earlier this year, in a surprise move, the Texas Sunset Advisory Committee recommended to eliminate the Texas Board of Professional Geology and repeal the Texas Geoscience Practice Act. Local Texas geoscience organizations and societies mobilized quickly to protest this decision and move forward.

American Association of Petroleum Geologists (AAPG)
Explorer Foundation Update

AAPG’s historic Distinguished Lecture program has undergone a revolutionary transformation aimed at extending the program’s accessibility, audience and reach.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

By the time they are drilled, almost all exploratory ventures today will have been geotechnically, statistically and economically analyzed to estimate their ultimate recovery of oil or natural gas, or its EUR, and its present monetary value, or PV, given discovery. This process is generally known as “exploration risk analysis” and it evolved primarily as a response to an endemic problem: explorers were discovering less than half of the EURs they forecast for their investors.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

In 2017, AAPG celebrated the 100th anniversary of its founding in Tulsa, Okla. This same year was also the 40th anniversary of the establishment the AAPG Energy Minerals Division. The EMD has evolved as an organization over the past 40 years to reflect the changes in the mix of resources fueling the world’s ever-increasing energy demand.

American Association of Petroleum Geologists (AAPG)
Explorer Article

November’s midterm elections in the United States brought a split decision and gave the country a divided Congress. The potential effect of the vote on the oil and gas industry and U.S. energy policy is also a toss-up, according to some analysts.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Over the past decade, Africa has steadily emerged one of the world’s leading playgrounds for oil and gas exploration.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

Imagine if Siri or Alexa went to school, got an advanced degree in Petroleum Engineering and Geoscience, then went to work in the oilfield for several years, attended technical conferences, read journals and books; envision the product and the process, and you’d have NESH, the Smart Assistant for oil and gas. In addition, you have a chance to try out NESH and collaborate and explore a customizable artificial intelligence. It’s a tremendous opportunity. Welcome to an interview with Sidd Gupta, founder of NESH.

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American Association of Petroleum Geologists (AAPG)
Explorer Director’s Corner

Notwithstanding the increases in oil prices we’ve seen in recent years, the cost controls put in place in response to the downturn persist. And it’s not just E&P companies looking to the future and tightening their belts. The major oil and gas producing economies are, too.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Looking at the ruins of the Parthenon today, perched high on the Acropolis of Athens, it is difficult to imagine that those pollution-tainted marbles were once the pinnacle of a civilization that gave us the principles of philosophy, mathematics, logic and democracy. Looking at the ruins of what is left today of Petroleos de Venezuela S.A., it is difficult to imagine that, like the Parthenon, it once stood proudly as Venezuela’s beacon of modernity.

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American Association of Petroleum Geologists (AAPG)
Workshop
Tulsa, Oklahoma
Tuesday, 18 February Wednesday, 19 February 2025, 7:00 a.m.–5:00 p.m.

Join us for AAPG Orphan, Abandoned, Idle and Marginal Wells Conference 2025. This workshop will focus on orphan, abandoned, idle, and marginal wells and the business opportunities and technology associated with plugging and repurposing wells, reducing methane emissions, protecting water supplies, and extending the lives of marginal wells.

American Association of Petroleum Geologists (AAPG)
Field Seminar
Houston, Texas
Saturday, 1 February 2025, 8:30 a.m.–1:00 p.m.

Everyone in Houston lives within a few miles of a bayou. Some people think of them as permanent, but the bayous are constantly changing, especially during high water events like Hurricane Harvey. This trip is a 2.5 mile walk down a section of Buffalo Bayou where we will look at the archives of past storms and discuss what to do for future storms.

American Association of Petroleum Geologists (AAPG)
DL Abstract

The Energy sector is a changing business environment. Throughout the 20th century fluctuations of oil supply and demand produced changes in the barrel price that pushed the growth or shrinkage of the industry. In this 21st century, new challenges such as diversification of the energy mix, boosting gas demand, require the exploration of critical minerals and development of new technologies as well.

Request a visit from Fernanda Raggio!

American Association of Petroleum Geologists (AAPG)
DL Abstract

Climate change is not only happening in the atmosphere but also in the anthroposphere; in some ways the former could drive or exacerbate the latter, with extreme weather excursions and extreme excursions from societal norms occurring all over the earth. Accomplishing geoscience for a common goal – whether that is for successful business activities, resource assessment for public planning, mitigating the impacts of geological hazards, or for the sheer love of furthering knowledge and understanding – can and should be done by a workforce that is equitably developed and supported. Difficulty arises when the value of institutional programs to increase equity and diversity is not realized.

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Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

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