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The often-volatile outcome of exploration investment decisions is tightly linked to the level of uncertainty in the geological interpretation and associated value assessment. In order to evaluate subsurface opportunities, information is needed.

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The AAPG-AAPG Foundation Distinguished Lecture program, the Association's flagship initiative for sharing the latest in scientific thought, concepts and advances, starts its new season in November with a lecture tour of North America.

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Cognitive bias, in its many manifestations, is the major cause of geotechnical overestimation and faulty probability forecasts in petroleum geoscience. The five most prevalent cognitive biases in petroleum E&P are: Confirmation Bias; Overconfidence; False Analogs; Anchoring; and Motivational Bias. They are caused by premature selection of theory, personal hubris, lack of perspective, lack of imagination, laziness, and excessive self-interest.

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The search for unconventional hydrocarbons is not new. It’s true that almost 100 years separated the early exploration successes in the synclinal valleys of Central Pennsylvania, to the exploitation of Coal-Bed Methane in a number of basins in the U.S. and Canada in the 1980’s. Since the 1980's, however, a quiet revolution began which by today has seen several waves of unconventional resources being pursued with economic success. Coal-bed methane was followed by the search for Center-Basin Gas, Shale Gas and most recently, Liquid-rich Shales (some of which aren't shales).

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The past 30+ years have witnessed a wide variety of exploration strategies and a number of technological “revolutions” in the search for oil and gas. Although the exploration landscape and tools of the trade are so different than they were in the early 1980’s, in one aspect we appear to have come full circle, realizing that a deep understanding of our basins is the critical element in any success.
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The chief geologist for a Canadian regulatory agency says the group is working to assess potential risks by better understanding the full geologic framework in the development of oil sands and heavy oil in the province of Alberta.
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As part of Senator Lisa Murkowski’s (R-AK) efforts to craft comprehensive energy legislation, the Senate Energy and Natural Resources Committee recently held a hearing to discuss 26 bills that would expand energy supplies. 
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A half day (3 hours or so) workshop on Risk & Volume assessment, whereby the participants will be introduced to Risk & Volume assessment and actually do a risk assessment and volume calculation for an exploration prospect.
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A 1 hour presentation on some of the issues that tend to generate discussions for Risk & Volume assessments: column length prediction, what are we risking; mixed oil-gas prospects, multiple reservoir-seal pairs, geophysical evidence (DHIs), Play POS, ineffective reservoirs, etc. Recommendations on how to deal with these issues will be given.
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In-Person Training
Rio de Janeiro Brazil 18 May, 2016 19 May, 2016 24695 Desktop /Portals/0/PackFlashItemImages/WebReady/exploration-production-challenges-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Business and Economics, Economics, Reserve Estimation, Resource Estimates, Risk Analysis, Development and Operations, Engineering, Conventional Drilling, Geophysics, Seismic, Carbonates, Sedimentology and Stratigraphy, (Carbonate) Shelf Sand Deposits, Carbonate Platforms, Clastics, Conventional Sandstones, Deep Sea / Deepwater, Deepwater Turbidites, Marine, Reservoir Characterization, Structural Traps, Subsalt Traps, Stratigraphic Traps
 
Rio de Janeiro, Brazil
18-19 May 2016

A Geosciences technology workshop hosted by the Associação Brasileira de Geólogos de Petróleo  (ABGP) and the American Association of Petroleum Geologists (AAPG)

Buenos Aires Argentina 11 May, 2015 12 May, 2015 14137 Desktop /Portals/0/PackFlashItemImages/WebReady/extending-mature-fields-life-cycles-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Structure, Structural Analysis (Other), Geomechanics and Fracture Analysis, Compressional Systems, Fold and Thrust Belts, Extensional Systems, Sedimentology and Stratigraphy, Sequence Stratigraphy, Clastics, Conventional Sandstones, Eolian Sandstones, Lacustrine Deposits, Carbonates, (Carbonate) Shelf Sand Deposits, Petrophysics and Well Logs, Geophysics, Seismic, Magnetic, Gravity, Direct Hydrocarbon Indicators, Geochemistry and Basin Modeling, Basin Modeling, Maturation, Oil and Gas Analysis, Source Rock, Petroleum Systems, Environmental, Ground Water, Remote Sensing, Reservoir Characterization, Engineering, Seismic Attributes, Geochemical Fingerprinting, 3D Seismic, Production, Tertiary Recovery, Secondary Recovery, Primary Recovery, Drive Mechanisms, Development and Operations, Conventional Drilling, Coring, Business and Economics, Risk Analysis, Reserve Estimation, Resource Estimates, Economics, Deep Sea / Deepwater, Deepwater Turbidites, Marine, Shelf Sand Deposits, Slope, Carbonate Reefs, Carbonate Platforms, Hydraulic Fracturing
 
Buenos Aires, Argentina
11-12 May 2015

Join leading scientists and industry practitioners at Extending Mature Fields’ Life Cycles: the Role of New Technologies & Integrated Strategies, a Geoscience Technology Workshop (GTW) organized by the AAPG Latin America Region and the Asociación Argentina de Geólogos y Geofísicos Petroleros (AAGGP).

Houston Texas United States 02 March, 2016 02 March, 2016 24113 Desktop /Portals/0/PackFlashItemImages/WebReady/ec-wec-application-of-stable-isotope-geochemistry-in-the-petroleum-geosciences-hero.jpg?width=100&height=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Geochemistry and Basin Modeling, Isotopes, Oil and Gas Analysis, Business and Economics, Risk Analysis, Petroleum Systems, Geochemistry, Petroleum Systems
 
Houston, Texas, United States
2 March 2016

The course starts with patterns of carbonate deposition and moves on to an examination of modern analogs for ancient sediments, diagenesis, and select case histories of Paleozoic and Mesozoic basin reservoirs.

Online Training
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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