Explorer Director’s Corner

Producers are feeling the pinch: they’ve got to drill ever more wells to stay ahead of their production declines. Increased production is weighing on crude oil prices – you get the benefit of this supply in resilient markets, but it is shrinking margins and available cashflow to fund this drilling. And at the same time, the financial community is pulling back, restricting access to capital. The industry is reshaping itself yet again in response to new market realities, looking for new ideas and better approaches and operating models.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Basic. Humble. Old school. Whatever you call them, petrophysical well logs are a workhorse for the oil and gas industry. Today, geoscientists are using machine learning and other artificial intelligence techniques to glean even more information from logs. And a new generation of downhole instruments now provide loggers with more, and more relevant, data

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

A seismic acquisition project that would have taken years not too long ago can now be accomplished in months, thanks to “selective hearing” and other recent advances.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Talk to geophysicists about innovation and common themes emerge: Increased computing power. Artificial intelligence for data analytics. Full waveform inversion. Enhanced acoustic sensing, with multiple sensors. And much, much more. Innovations also can be seen in established geophysical tools. And some geophysical technologies and techniques that have been developing for five years or more are finally reaching day-to-day application in the field.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Over the last several years, the industry’s downturn has spurred the development of more efficient ways to interpret both new and old seismic data, allowing operators to continue to explore and discover with reduced staff. The availability of cloud technology, super-computing resources and the application of machine learning techniques, such as use of neural networks in artificial intelligence, are transforming the ability to interpret seismic data and create evergreen Earth models – supporting the undeniable adage that necessity, indeed, is the mother of invention.

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American Association of Petroleum Geologists (AAPG)
Learn! Blog

A workshop with a unique structure. A dynamic, engaging format designed for optimal exchange of technical information, case studies, applications, experiences, and new insights.

American Association of Petroleum Geologists (AAPG)
EMD Blog

EMD is mapping a path to the future in Houston. Submit your abstract for an EMD session by September 26 for  ACE 2020. 

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

Change is in the air. How will we choose to deal with it? We make choices every day, in our project work, our investments and our lifestyles. With so much in play, how do we select the right options? This challenge is particularly appropriate to discuss within the Energy Minerals Division, since our members are those in the AAPG who look beyond the conventional, the everyday and the familiar. We focus on opportunities outside of those in the traditional oil field to provide efficient and economic energy resources to the world.

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American Association of Petroleum Geologists (AAPG)
Explorer Geophysical Corner

With the relatively low price of oil and gas, the identification of bypassed pay in mature oil fields has become increasingly important. Mature fields may be characterized by thousands of wells acquired at different times by different operators. The high density of wells makes this type of field a candidate for analysis using techniques originally developed for 3-D seismic interpretation, such as the development of well-log attributes.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The shale revolution was made possible because there was technology that allowed developers to drill and complete wells capable of producing oil and gas affordably. Through the years, industry, because of that technology, successfully focused on drilling longer wells, pumping more sand and increasing the number of fracturing stages per well. The question facing industry experts these days is: What will the next breakthrough be that will produce even more efficient and affordable oil and gas?

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 26 March 2024, 12:00 p.m.–1:00 p.m.

Presenting ExCaliber, a novel approach for fast iterations on basin / earth models so that more time can be spent on the final technical & economic integration. ExCaliber is based on an interactive thermal framework, powered at its core by a ML-based basin simulator which can compute in seconds high-resolution basin-scale temperature and Standard Thermal Stress results.

American Association of Petroleum Geologists (AAPG)
DL Abstract

This presentation is a survey of subsurface machine learning concepts that have been formulated for unconventional asset development, described in the literature, and subsequently patented. Operators that utilize similar subsurface machine learning workflows and other data modelling techniques enjoy a competitive advantage at optimizing the development of unconventional plays.

Request a visit from Shane Prochnow!

American Association of Petroleum Geologists (AAPG)

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