HomeScience Discipline Business and Economics

Business and Economics

Explorer Article

When the International Petroleum Technology Conference comes to Saudi Arabia in February, the technical program will include a significant look at both unconventional oil and gas and conventional tight oil in the Middle East. Those are two different concepts in the region and the distinctions are important. The Middle East holds a large conventional tight oil resource, now emerging as a serious focus for development. With so much recent attention devoted to unconventional resources, conventional tight oil could be considered an overlooked sibling.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Worldwide oil and gas exploration results took a major hit from reduced investment and the ongoing COVID pandemic last year. Cautious industry spending and overall selectivity over prospects likely reduced discoveries to their lowest annual level in 75 years. Here’s the recommendation from one industry analyst for 2022’s global exploration and supply outlook: Stay chill for now.

American Association of Petroleum Geologists (AAPG)
Explorer Article

In the IEA’s “Net Zero by 2050” report, which outlines a comprehensive pathway for a global transition to zero emissions by mid-century, the agency states that much of the technology needed to make a timely transition has not yet been developed. Emerging technologies, such as improved battery storage, low-carbon hydrogen production and carbon capture utilization and storage, show “encouraging” progress, but the world significantly lags behind in power generation and end-use sectors, specifically industry, buildings and transport.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Thanks to continuing advances in reservoir characterization, technology and innovative thinking, many oil fields around the globe have “grown larger” in recent decades. John Sneider, president of Sneider Exploration Inc., documented examples of mature field growth 20 years ago and recently revisited the topic to focus on mature giant fields. This updated analysis is detailed in chapter 4 of the new AAPG Memoir 125: “Giant Fields of the Decade: 2010 – 2020.”

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

There is no denying there are massive changes happening around the world today, seemingly as a reaction to the emergence of the COVID/Wuhan virus. However, while the virus might be a catalyst of change, other factors are in play too. Many leaders around the world seem to share in the sentiment expressed by the founder and executive chairman of the World Economic Forum, Klaus Schwab, who recently wrote, “The changes we have already seen in response to COVID-19 prove that a reset of our economic and social foundations is possible,” in the interest of promoting the WEF’s proposed “Great Reset” of the global economy.

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

Last month Houston hosted the 23rd World Petroleum Congress with more than 5,000 attendees from 70 countries. After a one-year postponement due to the global pandemic, energy leaders from across the globe gathered to discuss the future of energy. And the tone of the discussion was sobering. Following on the heels of November’s COP26 meeting in Glasgow, there was recognition that political and societal pressures are shifting the energy sector and the industries in it. But there was widespread concern that the expectations underlying these pressures for change were unrealistic. That those pushing hardest for change lacked a fundamental understanding of what transforming the global energy sector truly entailed, what it would look like when it was complete and the dangers looming from getting it wrong.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Before unconventional resources became prevalent in the global petroleum supply, deepwater exploration and development was a significant focus for many larger companies. For deepwater activities to succeed, the petroleum industry was forced to merge its above-ground concerns with the below-ground geoscience and engineering disciplines.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Producers finally got some relief in 2021. Oil and gas prices recovered from their pandemic lows and remained at high levels through most of the year, as increased production could not keep pace with a global demand recovery. It was a year when higher prices helped energy producers strengthen their balance sheets and improve their bottom lines.

American Association of Petroleum Geologists (AAPG)
Explorer Article

While the COVID-19 pandemic ground the world to a halt in 2020, crisis led to creativity and opportunity in many parts of the world. For four geoscientists in Colombia, the pandemic became the perfect time to serve their country and their profession. In May 2020, two weeks after oil prices dropped below zero, Colombia’s Ministry of Science, Technology and Innovation launched a bidding contest allocating nearly $3 million to finance geoscience research projects for the hydrocarbon sector.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

One of the more provocative but less publicized initiatives introduced at the recent United Nations Climate Change Conference in Glasgow is an international effort to end oil and gas exploration and production. The Beyond Oil and Gas Alliance, created by Denmark and Costa Rica, officially launched its program at COP26.

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.

Show more
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.

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 21 May 2020, 9:00 p.m.–10:00 p.m.

Henry W. Posamentier discusses the application of 3-D seismic stratigraphic analyses to the mitigation of risk associated with lithology prediction prior to drilling – workflows and techniques. Principles and workflows of seismic stratigraphy and seismic geomorphology will be discussed and numerous examples will be shown from a variety of different depositional settings.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 13 December 2012, 12:00 a.m.–12:00 a.m.

The course will review core data, petrophysical comparisons, rock physics modeling (including pseudo logs and mechanical properties).

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 14 April 2020, 6:00 p.m.–8:00 p.m.

La Formación Smackover del Jurásico Superior (Oxfordiano) es una de las productoras de petróleo y gas más prolíficas de la llanura costera del noreste del Golfo de México, depositada en una rampa de carbonato proximal. Este estudio es una caracterización integral del ambiente de depositación de la Formación Smackover basada en datos sísmicos 3D y de pozos en los campos Vocation y Appleton situados en las subcuencas de Conecuh y Manila, en el suroeste de Alabama.

Show more
American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 8 December 2011, 12:00 a.m.–12:00 a.m.

This e-symposium focuses on methods for predicting connectivity within clastic fluvial systems.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 19 November 2020, 12:00 p.m.–1:00 p.m.

Another in a series of AAPG Visiting Geoscientist Presentations organized by the Manchester University AAPG Student Chapter. Sponsored by BP. Presented by Visiting Geoscientist Elda Miramontes, University of Bermen, Germany Webinar presented via Zoom on 19 November at 5:00pm (GMT-0)

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 1 October 2020, 11:00 a.m.–12:00 p.m.

Join AAPG Asia Pacific to hear Agus Ramdahn, PhD to hear about a method of combining Bowers Method with density-sonic cross plots to estimate overpressure in the shelfal area of the Lower Kutai Basin This webinar will be presented via Zoom on Thursday 1 October at 11:00 Singapore Time

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 2 June 2020, 6:00 p.m.–7:00 p.m.

Visiting Geoscientist Xavier Moonan provides an overview of the destruction in the Los Iros area following the 6.9 magnitude earthquake that hit Trinidad and Tobago in 2018. His talk focuses on understanding the results from various post-earthquake studies conducted on the Los Iros, reviewing the theories developed to explain the origin and integrating datasets to provide an understanding of what transpired.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 17 February 2011, 12:00 p.m.–1:00 p.m.

This presentation is designed for exploration/production geologists and geological managers or reservoir engineers.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Friday, 20 January 2012, 12:00 a.m.–12:00 a.m.

The Eagle Ford Shale in South Texas is one of the more exciting shale plays in the United States at the current time.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 16 April 2013, 12:00 a.m.–12:00 a.m.

The goal of this e-symposium is to provide an overview of the latest trends and technologies for water management for oil and gas drilling, completions, and production.

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.

Show more

Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

Related Interests

See Also ...