Explorer Article

 

Discoveries were comparatively sparse, but they persisted steadily throughout the year. Here are some of the more significant discoveries of the past year.

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A review of major oil and gas discoveries of 2013 shows a down year in terms of quantity—but that’s not the whole story.

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Explorer Division Column EMD

 

In virtually all regions of sustained production, the industry is steadily improving in situ recovery methods and reducing environmental impacts of bitumen and heavy oil production, especially those associated with surface mining.

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Explorer Emphasis

 

For the oil industry, the most worrisome news coming out of the Middle East doesn’t involve geopolitics. It’s well known by now that Iran wants to increase production by at least 500,000 barrels of oil per day as the lifting of international sanctions allows it to resume crude exports. But Iran isn’t alone.

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While many are working to forecast when the price of oil might reach $80 a barrel again, renowned international strategist and geopolitical analyst Peter Zeihan, the author of “The Accidental Superpower,” predicts in stunning detail the rising and declining energy plays of 2025 and the countries that will ultimately triumph as the world’s leading producers.
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Innumerable geoscientists worldwide are familiar with the AAPG Giant Oil Fields publications. These AAPG members are spearheading the effort to compile “Giant Oil and Gas Fields of the Decade 2000-2010” featuring papers covering fields in areas around the globe.

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Some highlights from international activity in 2014.

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In international exploration, the new normal is starting to look like the old normal. And 2014 looked a lot like the year before.

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Explorer Foundation Update

 

It has a new name, a new energy and a new lineup of experts, all primed to spread geoscience knowledge around the world. “It” is AAPG’s newly named Global Distinguished Lecture Program – emphasis on the “global” – which dates back to 1941 but continues to be the Association’s flagship initiative for offering the latest in geologic science to AAPG affiliated geological societies and universities.

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Explorer Historical Highlight

 

“One man was at the head waters of the River Amazon among the headshrinkers when he was recalled to come to Iraq; another came from Argentina, another from Mexico, still another had been in Romania, one in Indo-China, several in Venezuela and the East Indies.”

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