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)
Explorer Article

As oil prices continued to rise in early 2021, explorers had to grapple with an unfamiliar and even somewhat bizarre possibility. Is the business outlook for the oil and gas industry going to be better than almost anyone expected?

American Association of Petroleum Geologists (AAPG)
Explorer Article

On the island of Nevis in the Caribbean, its 11,000 residents are on the verge of an energy transformation. In about two years, their cost of electricity will no longer fluctuate with market prices, and not even a hurricane will stop it from flowing. In fact, over a 25-year period, residents will save an estimated $100 million in energy costs, based on today’s pricing. How is this possible? It is the result of a strategic conversion to geothermal energy developed by GeoFrame Energy, a newly created partnership between Schlumberger New Energy, AAPG Member Bruce Cutright and business partner Dan Pfeffer. Their goal is to make geothermal energy the most cost-effective and reliable means for providing clean, sustainable power.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Exploration is the heart of the oil and gas industry, and geologists are the heart of exploration. Paradoxically, though geologists are among those most responsible for finding hydrocarbons, data collected by the Brazilian Association of Petroleum Geologists shows that geologists are less likely than their engineering and economist counterparts to be considered for leadership positions in the business and technology areas of oil and gas companies.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

When it comes to the challenges and concerns of how to store the raw material hydrocarbons in the Appalachian Basin, we are at crunch time. According to Dan Billman, it is a conversation that should have already started.

American Association of Petroleum Geologists (AAPG)
Explorer Article

If you have ever wondered what Robert Southey, who wrote “Goldilocks,” Lewis Carroll, who wrote “Alice in Wonderland,” and W.H. Adams, widely credited with discovering the Permian Basin, have in common – and you would be forgiven if you haven’t – then this month’s AAPG Global Super Basins Leadership Conference will be the occasion to find out. Because someone from Chevron has been thinking about that very comparison – both from the perspective of how the company is working to use the Permian as a template for future exploration and also because it sums up the state of affairs in 2020 about as well as anything.

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American Association of Petroleum Geologists (AAPG)

Hot Items

Events Blog

Hey you Unconventional Resources Team Rock Stars! We’re proud to announce the profits from Carson Beyer's new song, 'The Rocks' -- inspired by all of you -- will be donated to Oilfield Helping Hands. We stand with OHH and Carson proudly and want to do our part in offering a helping hand to all who have been affected. If you would like to make a donation, go to https://lnkd.in/dB53uvy . 

American Association of Petroleum Geologists (AAPG)
wwwUpdate Blog

The AAPG Mobile app will let you easily connect with friends and colleagues and access all of your AAPG membership benefits right through your mobile device. Available for download for both iOS and Android devices!

American Association of Petroleum Geologists (AAPG)
Events Blog

Our industry is changing and APPEX is adapting. For the first time in its history, APPEX Global is going fully virtual. The event will be held 1–4 March 2021, 10:00–12:00 and 14:00–16:00 (GMT). APPEX continues to be the global prospecting and property expo that brings together upstream decision-makers with business and exploration opportunities. Investors and senior IOC managers will network with industry peers, whilst gleaning the latest updates on licensing rounds, policies, and commercial terms from senior representatives from around the world. Don’t miss your chance to access APPEX Global online over four days and on-demand, anytime, anywhere, and from any device.

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American Association of Petroleum Geologists (AAPG)
Events Blog

URTeC 2021 Call for Abstracts Now Open! Plan to speak at the Unconventional Resources Technology Conference (URTeC) 26–28 July 2021, at the George R. Brown Convention Center in Houston, Texas.

American Association of Petroleum Geologists (AAPG)
Explorer Article

As this EXPLORER issue goes to press, there are three international robotic missions headed to their encounters with Mars this February. The United Arab Emirates’ Hope Mission will enter Mars orbit on Feb. 9, 2021. Its goal is to study Martian atmospheric dynamics and weather. China’s Tianwen-1 Mission is expected to enter Mars orbit on Feb. 10, 2021. A lander with a Mars rover will be deployed in May 2021 for a proposed landing zone in Utopia Planitia. The mission goals are to find evidence for current and past life, characterize Martian soil composition, and map water ice distribution. The NASA/Jet Propulsion Laboratory Mars Perseverance rover is scheduled to land at Jezero Crater on Mars on Feb. 18, 2021.

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American Association of Petroleum Geologists (AAPG)
Events Blog

Register now to attend AAPG's Carbon, Capture, Utilization, and Storage (CCUS) Conference 23–25 March 2021. Themed 'An Emerging Field for Petroleum Geologists,' the online conference will highlight current CCUS work and tackle related challenges, including: subsurface storage in saline reservoirs; storage associated with CO2 enhanced oil recovery; reservoir monitoring and risk assessment; case studies; industry applications; economics, incentives, and policy; and more.

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American Association of Petroleum Geologists (AAPG)
wwwUpdate Blog

Courtesy of AAPG and AAPG Datapages, two Discovery Series data sets have been donated free of charge for use as online teaching materials. Discovery Series 10 – Sandstone Petrology: A Tutorial Petrographic Image Atlas 2nd Edition and Discovery Series 15 – Carbonate Petrology: Interactive Petrography Tutorial, both authored by Kitty Milliken, have been posted online for easy accessibility.

American Association of Petroleum Geologists (AAPG)
wwwUpdate Blog

AAPG publications are widely read by geologists, geophysicists and reservoir engineers. Are they your target audience? Then take advantage of the many advertising opportunities available in AAPG’s news and journal magazines.

American Association of Petroleum Geologists (AAPG)

Headquarters Contacts

Diane Keim
Diane Keim Administrative Coordinator, AAPG +1 918 560-2644