Explorer Emphasis Article

Analysts, consultants and government agencies have issued their outlook for oil and gas and the rest of the energy industry for 2024. This time around their confidence level is lower than usual, with significant unknowns in supply, demand and price. Here's what to expect and trends to watch.

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

This is my final contribution to the AAPG EXPLORER as president of the Energy Minerals Division and it has been an honor. As with many other division presidents, I feel safe in the assumption that I did not achieve as much as I had hoped but take solace in the fact that as least some forward progression was made. It is in this that I would like to make my final contribution by addressing three EXPLORER articles in the last issue that reference issues that are of great concern to me: These three articles could not have been published at a better time.

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

We have seen many changes in the oil and gas industry since AAPG’s founding more than 100 years ago. AAPG has also changed along with the industry in response to these changes. Our industry’s focus on various plays and areas constantly varies, while shifting product prices and sweeping changes in public opinion and governmental policy have a major impact upon companies of all sizes, as well as the geoscientists working for them.

American Association of Petroleum Geologists (AAPG)
Explorer Geophysical Corner

The processing of land seismic data entails a series of steps through which the data passes, including sorting, static correction, deconvolution, residual static correction, velocity analysis, migration, stacking, filtering and scaling. Some tasks, such as velocity analysis, are interactive, while others are automated. The processing of seismic data from the same area often follows the same proven series of steps or sequence, barring any unforeseen issues that need to be addressed. Such a sequence of tasks designed to process data from their initiation to completion is referred to as a “workflow.”

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American Association of Petroleum Geologists (AAPG)
Explorer Article

National and international energy companies today face enormous pressure from government, shareholders and society to meet increasing demand and deliver profits while meeting the United Nations Sustainable Development Goals and progressing toward a transition away from fossil fuels. The Energy Trilemma – the capacity to provide energy security, energy equity and environmental sustainability simultaneously – is a term developed and measured by the World Energy Council since 2010. Whether they use “Energy Trilemma” or another term, industry leaders face daily decisions about how to provide reliable, sustainable energy for all while reducing CO2 emissions and developing cleaner energy sources.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Alaska’s North Slope is the best conventional onshore oil play in the world. That’s according to Bill Armstrong, CEO and president of Armstrong Oil and Gas, Inc. And, he will give no quarter on his belief about how robust the future is for the North Slope’s prospects. In short, Armstrong calls the area “incredible.”

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

We are at the point that we either evolve or fade away. I’m reminded of a quote: “We stand now where two roads diverge. The road we have long been traveling is deceptively easy, a smooth superhighway on which we progress with great speed, but at its end lies disaster. The other fork of the road – the one less traveled by – offers our last, our only chance to reach a destination that assures the preservation of the earth.”

American Association of Petroleum Geologists (AAPG)
Explorer Article

I have read with genuine excitement about new technologies for direct air capture of CO2, electrolytic conversion of water to hydrogen and then using the H2 to make ammonia and using CO2 from direct air capture and combining it through electrolysis to make jet fuel. These technological advances are truly impressive from a scientific perspective. However, you will need to forgive me for being rather simple-minded as I look at these impressive accomplishments.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Natural carbon sinks, such as oceans, vegetation and soils are, and will remain, critical when it comes to the best way to remove carbon from the atmosphere. But those natural solutions, as presently operating, will not be sufficient to meet climate goals. It’s not that the systems are not working, they just need to be working better. Enhancements to those sinks will be needed.  Emitting less carbon would help, too. “One of the misconceptions is that CCS is still too expensive,” said Max Brouwers, Getech’s chief business development officer. There are many challenges with the successful operation of CCS and carbon capture, utilization and storage, he said, but the incremental societal cost is not one of them.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

The Colombian people have a complex relationship with the oil and gas industry. While companies bring economic development and social programs to rural areas, they are not always received well by local populations. On March 2, the “indigenous guard” and rural residents kidnapped oilfield workers in southern Colombia. The national government intervened, leading to the release of the hostages, but Emerald Energy later requested the suspension of their hydrocarbon exploration contract. The Colombian Association of Geologists and Geophysicists is working to foster understanding between companies and communities and to take geoscience knowledge from cities and universities into remote territories.

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American Association of Petroleum Geologists (AAPG)

Hot Items

Explorer Article

Carbon capture and sequestration reduces emissions, but it cannot work past cost barriers without the revenue opportunities provided by utilization and storage. 

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

Perhaps you did a double take pulling the April issue of EXPLORER from the mailbox. What is this? If you joined AAPG in the last 40 years, you’ve only known EXPLORER in its long-standing tabloid format. It worked well for many years as our advertisers – particularly seismic companies – loved the large format and the ability to display their data on a sweeping canvas. For readers, it was a little more awkward.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

The Paris Basin offers times of both discoveries and failures, from its first well drilled near Normandy in the 1920s to today. 

American Association of Petroleum Geologists (AAPG)
Explorer Article

Nihal Darraj, carbon capture and storage researcher at Imperial College, London shares barriers to CCUS commercialization, including costs, technology, permitting and more. 

American Association of Petroleum Geologists (AAPG)

Headquarters Contacts

Susan Nash
Susan Nash Director, Innovation and Emerging Science and Technology, AAPG +1 405 314 7730