Explorer Business Side of Geology Column

It isn’t so much a lack of demand creating the ongoing oil supply glut, but a lack of market connectivity: the United States needs more oil pipelines.

American Association of Petroleum Geologists (AAPG)
Explorer Business Side of Geology Column

In simple terms,” said Donald Burdick, CEO and co-founder of Olifant Energy, “you can view partnering with a private equity firm as a way to partner with many investors under one large aggregator.” On the most basic level, private equity firms reach out to many investors for their funds and then turn around and deploy that capital among their portfolio of companies. “This approach,” said Burdick, “mitigates risk for the investors and it simplifies the financial reporting for the portfolio company.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

It was only expected to produce for 30 years. But now, 40 years later, BP looks forward to another 40 years of production in Alaska’s Prudhoe Bay.

American Association of Petroleum Geologists (AAPG)
Explorer Business Side of Geology Column

M&A activity appears to be on the rebound, but current oil price volatility tempers the otherwise optimistic mood going into this year’s APPEX conference in London.

American Association of Petroleum Geologists (AAPG)
Explorer Article

With a new batch of freshman lawmakers in Congress, there has been increasing attention on a proposed “Green New Deal” to aggressively tackle climate change, among other issues. But how feasible is it?

American Association of Petroleum Geologists (AAPG)
Canada Blog

Energy fuels the economic engine of the world. Access to secure energy—affordable, available, reliable, and sustainable—is not only vital for economic health, but also to lift the world from poverty, and to invest in the environment. Are carbon policy and poverty mutually exclusive, or does there exist an energy “radical middle” that can address the challenges of carbon and poverty, and still preserve a healthy economy?

American Association of Petroleum Geologists (AAPG)
Explorer Division Column DPA

What are your resolutions for the new year? I have two suggestions. First, get involved and stay involved with the AAPG. Second, seek certification from the AAPG Division of Professional Affairs. You will not regret keeping these resolutions. It is an investment in your career.  

American Association of Petroleum Geologists (AAPG)
Explorer Article

With OPEC increasingly overshadowed by Saudi Arabia and Russia’s cooperation, and the United States’ escalating production, who holds the power in the global oil arena?

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Mountains and beaches. Colonial cities, farming communities, indigenous villages. Central Eastern Mexico is full of diverse cultures and landscapes. It is also home to the Tampico-Misantla super basin, a 25,000-square-kilometer area that has produced oil since 1869.

American Association of Petroleum Geologists (AAPG)
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)
Field Seminar
Banff, Canada
Saturday, 11 May 2024, 8:00 a.m.–3:00 p.m.

Time: 8:00am - 5:00pm Fee: $300 AAPG members $350 Nonmembers $200 Academic/AAPG Emeritus Members $50 discount for workshop registrants Fee Includes: Transportation Insurance Field guide Entrance fee to Banff National Park Registration available during workshop registration This field trip will focus on the structural geology of the foothills and Front Ranges of Banff. Participants will be able to view excellent field examples of structures very similar to the producing oil and gas fields in the foothills to the west of Calgary and to learn about the complexities of sub-seismic-scale deformation. The field trip starts with an introduction to the interaction between thrust front with foreland basins and the interaction of basement trends with thrust belt geometries and (conventional) hydrocarbon fields. During the 1-day trip participants will follow a dip transect from the undeformed foreland basin, the eastern edge of the foothills marked by the triangle zone, the Front Ranges boundary and end at the Main Ranges west of Banff. Field Trip Itinerary Depart from Calgary – 8:00 a.m. Stop 1: Cochrane Retreat Road Overlook Trip overview and introduction; safety and logistics comments; interaction of thrust front with foreland basin; interaction of basement trends with thrust belt geometry and (conventional) hydrocarbon field distribution; appreciation of scale for subsurface play fairway. Stop 2: Scott Lake Stop 3: The Stony Nakoda Tim’s Classic stop, with historical importance for understanding the thrust belt and thrust geometry. Part 1 of displacement gradient on a large thrust. Most importantly, toilet stop after all the Tim’s coffee and driving. Review of Mt Yamnuska from a different perspective; preview of drive through McConnell damage zone and change in HW stratigraphy.. Stop 4: Lac des Arcs Imbricate thrust sheets in the Front Ranges and Banff Formation. Stop 5: Canmore T-junction Observe complexities of sub-seismic-scale deformation in mechanically layered rocks in the footwall of a large thrust Stop 6: Canmore strike view of the Rundle thrust Exposed strike view analogous to a cut-away of a giant conventional Foothills hydrocarbon field such as Turner Valley. Cross faults within the thrust sheet offset potential reservoir units at sub-seismic scale. Cross faults are arguably part of a regional trend associated with deeper, basement-rooted NE-SW structures. Stop 7: Mt Norquay Overlook Stop 8: Bow Falls Fracture systems in the Vega Siltstone Mbr of the Triassic Sulphur Mtn Fm. This outcrop of Vega Member siltstone of the Sulphur Mtn Fm is considered equivalent to upper Montney Fm. We will focus on the outcrop adjacent to the steps up to the Falls overlook.

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American Association of Petroleum Geologists (AAPG)
Workshop
Abu Dhabi, UAE
Monday, 27 May Wednesday, 29 May 2024, 8:00 a.m.–5:00 p.m.

In order to support the energy transition, optimizing exploration and production from complex stratigraphic-diagenetic conventional and unconventional plays remains highly important. At the same time, Carbon Capture and Storage (CCS) poses new technological challenges that will impact both the industry and academia for decades to come. This 2nd edition will present reviews and discuss technology developments in geological process-based forward modeling achieved during the last 2 years. New perspectives for future technology developments and implementation in industry workflows will be discussed and with the additional focus on CO₂ storage and other sustainability-related applications, the scope of the workshop will be considerably extended.

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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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