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Better models are possible through the integration of core samples, well logs and seismic data.

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AAPG Honorary member R. Randy Ray shares some insights on major factors influencing the seismic industry today.

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If operators take the “glass half full” approach and use their idle time wisely during the industry’s current downturn, the seismic industry – at least parts of it –could experience an upswing.

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Oil and gas currently are essential commodities for modern life, but subject to market demands and the eternal fluctuations in supply and demand. It is important to try to keep a larger view on the big changes, those disruptive innovations, which demand a change in the way we do our business.

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While the rest of the world of seismic exploration is scaling down in response to the current trend of depressed oil prices, the government of Mexico is beckoning to all comers and, so far, they seem to be answering.

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As the U.S. increases its production of crude oil, pressure continues to build to allow crude exports. U.S. Energy Information Administration (EIA) has been asked to study the economic impacts of potentially lifting the ban and those studies are expected to be released in the late 2014/early 2015 timeframe.
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Colombian geophysicist Jaime Checa, the current president of AAPG Affiliated Society Asociación Colombiana de Geólogos y Geofísicos del Petróleo (ACGGP), is dedicating his presidency, and much of his free time, to combating misinformation related to seismic acquisition in Colombia.

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It might be a well-worn saying, but it fits perfectly in today’s industry environment: When the exploration business sneezes, the seismic business gets the flu. Seismic acquisition companies have financial aches and pains this year because of a reduction in capital expenditures for oil and gas exploration work, especially by international oil companies.

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The U.S. shale oil and gas production surge and the resulting shift of the United States from a major importer to an exporter of oil and natural gas are well known, but there is disagreement about what this means for U.S. and global energy security

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In developed countries such as the United States, energy subsidies are usually discussed in terms of tax preferences for renewable or fossil energy sources, or energy efficiency. In other parts of the world, led by Uzbekistan, subsidies take the form of government-funded reductions in retail prices for fossil fuels.

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Online Training
21 August, 2014 21 August, 2099 10831 Desktop /Portals/0/PackFlashItemImages/WebReady/esymp-mexicos-oil-and-gas-history-new-discoveries-opportunities-and-energy-reform-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
21 August 2014 - 21 August 2099
The goal of this e-symposium is to review the status of the Mexican upstream sector, and to provide a review of the most prolific and prospective areas in Mexico, with a focus on opportunities for international participation, given the upcoming energy reform in Mexico. 
02 October, 2014 02 October, 2014 10593 Desktop /Portals/0/PackFlashItemImages/WebReady/esymp-concepts-of-scale-horizontal-development-of-wolfcamp-shale-oil-of-the-southern-midland-basin-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
2 October 2014
This course is ideal for individuals involved in Midland Basin exploration and development. Successful development of Wolfcamp shale oil relies on complex inter-relationships (ultimately interdependencies) within and between a wide variety of scientific disciplines, financial entities, and company partnerships. 
01 January, 2014 01 January, 9999 3160 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-toc-strategic-decision-making.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2014 - 1 January 9999

Learn to critically evaluate current issues that can impact growth and sustainability of oil and gas ventures.

16 February, 2012 16 February, 2012 1483 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-seismically-driven-characterization-of-unconventional-shale-plays.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
16 February 2012

This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.

28 July, 2011 28 July, 2011 1476 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-marcellus-shale-integrating-information-to-optimize.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
28 July 2011

This presentation discusses one operator’s approach to fully integrate data captured in the Marcellus Shale in order to optimize horizontal well performance.

14 December, 2010 14 December, 2010 1467 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-sale-gas-in-quebecs-sedimentary-basins.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
14 December 2010

Recent interest in unconventional gas resources has attracted several oil and gas explorers to sedimentary basins in Southern Quebec.

01 January, 2013 01 January, 9999 1450 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-cc-renewable-non-renewable-resources.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2013 - 1 January 9999

Renewable & Non-Renewable Resources is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for renewable energy.

01 January, 2013 31 December, 2016 1449 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-cc-biomass-energy-basics.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2013 - 31 December 2016

Biomass Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for biopower and biofuel.

01 January, 2013 01 January, 9999 1448 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-cc-solar-energy-basics.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2013 - 1 January 9999

Solar Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for solar energy.

01 January, 2013 31 December, 2016 1447 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-cc-wind-energy-basics.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2013 - 31 December 2016

Wind Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for wind energy.

01 January, 2013 01 January, 9999 433 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-cc-geothermal-energy-basics.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
1 January 2013 - 1 January 9999

Geothermal Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for geothermal energy.

14 February, 3000 14 February, 3000 7817 Desktop /Portals/0/PackFlashItemImages/WebReady/oc-es-generic-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true
 
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