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Explorer Article

Management with the Dynamic Group of Houston are convinced after four years of study that they have identified significant new play potential deep on the west Louisiana shelf, a province largely regarded by industry as mature for exploration. “Most of our industry thinks the U.S. shelf is in late life, and the only remaining opportunities are for low-risk, low volume exploitation targets,” said Rob Pascoe, managing director and chief geologist. “We believe that may not be the whole story. Our studies describe a large-scale new play, with the potential to be liquids rich and high value.” He said new technology and geological insights are the key.

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American Association of Petroleum Geologists (AAPG)
Explorer President’s Column

I was watching some old movies during a recent snowstorm in Tulsa. One of them was “Back to the Future.” In this case, “the future” was 2015. The movie “Rollerball” was set in 2018, and “Terminator” was supposed to be from 2020-30. Have you ever noticed that the future is not that far away? As you could see from my last column, I’ve had “the future” on my mind. So, in thinking again about the future, I want to discuss governance. This will not be my most exciting column, but it is important.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

People in the oil and gas industry often speak of, and always seek to find, the “sweet spot” of a given play, field or reservoir. Ask anyone in the oil patch, “What is a sweet spot?”, and you will often get an answer long on colorful recollections and short on hard details. Ask a follow-up question about the history of sweet spots and you will probably receive only a baffled look.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Last year started with promise for the Colombian offshore industry. Shell EP Offshore Ventures Limited and Ecopetrol, S.A. signed an agreement for Shell to acquire an interest in and operate the Fuerte Sur, Purple Angel and Col-5 blocks located in the southern Colombian Caribbean basin. Noble Energy opened an office in Barranquilla and announced plans to drill a prospect at 8,500 feet on the Col-3 block in the Guajira Basin in northern Colombia. Ecopetrol and Petrobras prepared to mature the 2014 Orca discovery on the Tayrona block, also in Guajira. Then COVID-19 came to the Americas in March 2020, and everything changed.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

University geoscience programs face a challenging future as the world emerges from the coronavirus pandemic – one that could have significant and even dire implications for oil and gas. Educators, mostly outside the United States, are already sounding an alarm.

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

First there was Peak Oil, the Malthusian fear that the world was running out of oil. This idea has been around for a long time but had its most recent renaissance in the mid- 2000s with a host of books warning that global demand was going to overwhelm the industry’s ability to supply. The expansion of unconventional oil and natural gas production quieted concerns about supply constraints. The world is not running out of hydrocarbons.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

In February 2011, the court in the small Ecuadorian town of Lago Agrio sentenced Chevron Corporation to pay $9.3 billion to a group of about 30,000 Ecuadorian residents of the Amazonian region where Texaco, later acquired by Chevron, had been producing oil for 26 years. The trial was the stuff of which Hollywood movies are made. This legal saga combined fundamental environmental issues, political intrigue, judicial corruption, corporate greed and cliff-hanging courtroom drama. Above all it unveiled the tragedy of a young and brilliant U.S. lawyer who felt he could obtain big money from a giant oil corporation while becoming a hero for the underdogs of this world.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

AAPG members throughout the world are proving that geologists can be highly beneficial to the oil and gas companies that employ them in areas beyond just exploration alone. Two of them are Karyna Rodriguez, vice president of global new ventures at Searcher in London, and Eduardo Vallejo, program lead of technologies and subsurface knowledge at YPF Tecnología in Buenos Aires. In interviews with the EXPLORER, both shared stories about their careers and provided advice to the next generation of professionals.

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American Association of Petroleum Geologists (AAPG)
Explorer President’s Column

I went to a talk years ago by a speaker who was introduced as a “futurist” for his ability to predict. I’ve always wanted the title of “futurist,” but I’ve not earned it. I’ve been reading a lot of predictions for 2021 from various magazines, papers and blogs. Now I’m as close to a futurist as I will ever get, so here are a few predictions from the experts (I agree with) and how they may impact AAPG.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Not surprisingly, that idea met with an abundance of caution, and even skepticism, from an industry that experienced the severe downturn of 2014-16 followed by the worldwide COVID pandemic of 2020. Still, “I think there’s plenty to be excited about, especially given the recent upsurge in oil prices,” says one analyst.

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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American Association of Petroleum Geologists (AAPG)

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