Explorer President’s Column

A few members ask me, “Why does the Executive Committee worry so much about money all the time?” Well, actually we prefer to focus on science and members’ needs, but as Woody Allen once said about the importance of money, “It is better than poverty, if only for financial reasons.” The primary reason I am discussing money in this column is to let you know changes are coming. We cannot afford to do everything we have done in the past. Some programs will be reduced or cut. We will let you know as this happens.

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

If you’ve ever picked up a book on business – how to start a business, how to run a business, how to save a business – you typically don’t have to page too far before you run into a popular term: “value proposition.” The pandemic is causing us to reassess AAPG’s value proposition for our members and our customers. We must consider that what has worked in the past may not work in the future and that our members’ and the industry’s needs are experiencing fundamental change.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

AAPG’s Latin America and Caribbean Region started 2020 with a strong lineup of technical and business events. The year 2020 was the year of promise. The Hedberg Conference went well in February, but one of the participants from China canceled travel plans because of a coronavirus outbreak in the country. One month later, the world turned upside down. Countries closed their borders, companies sent workers home, and sponsors canceled support. In-person conferences were not just risky but prohibited in most cases. It was time to go back to the drawing board.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

If recent events in the oil and gas sector, especially as it relates to the fallout and contraction from COVID-19, illustrate anything, it is the need for companies to create resilient businesses and business models. “That means having a business plan that anticipates and can adapt to changing conditions due to evolving environment, societal, and governmental pressures.” That’s Joseph R. Davis, independent direct at BKV Corp, an investment E&P firm. “You can’t separate ESG from sustainability,” he said, “for ESG is how business addresses sustainability.”

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Exact predictions of the future have always been close to impossible. For the oil industry today, they might be even harder than that. Some oil companies are taking a wait- and-watch approach to planning, as multiple unknowns face the industry in a period of extreme uncertainty. Trying to predict a precise outlook right now isn’t just foolish, said Mark Finley. It could be dangerous.

American Association of Petroleum Geologists (AAPG)
Explorer Article

What is “brand”? The London-based Design Council notes that: “Brand is a set of associations that a person (or a group of people) makes with a company, product, service, individual or organization. These associations may be intentional – that is, they may be actively promoted by marketing and/or corporate identity – or they may be outside the control of the business.” For example, the growing belief among younger demographics that the fossil fuel industry represents the fuels of their parents.

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

“The only certainty in geology is the unexpected will happen” is a bit of wisdom my friend and mentor John Shelton likes to quote. If anything, in this environment, it’s an understatement. AAPG, our members and industry were hit with the perfect storm: —COVID-19, geopolitics and commodity prices. Of course, I don’t need to tell you about it. We have all adjusted to a new world, which includes quarantines, masks, eating in, ordering out, Zoom, MS Teams, etc. The dogs love it, the cats hate it. It’s been tough on all of us and my thoughts and prayers are with you and your families, especially those who have lost loved ones. So … how does all this impact your society?

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

To those of you I have yet to have the pleasure of meeting, my name is Meredith Faber and I’m honored to serve as your Division of Professional Affairs president for this coming year. Normally, this article would be a recap of all the exciting DPA events that took place during the annual meeting. However, this year has been far from normal to date and, in a sense, I don’t mind. “Normal” is relative and sometimes boring and our departure from it gives me an opportunity to speak to you about something else entirely.

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

I know I’m not alone. Each day, as part of my morning routine, just as reliably as I brush my teeth and brew strong coffee, I check the price that oil is trading for on global markets. How do I know I’m not alone? Because my first calls of the day – usually with AAPG leaders – usually begin or end with a reference to oil prices. We all know that watching the price of oil does nothing to boost demand, but still we watch, ever hopeful that today will be a good day in the markets.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

The German oil industry did not employ geologists until the 1920s. Instead, they relied on geological surveys and other resources from universities, predominantly from Jakob Stoller of the Prussian Geological Survey. After World War I, with the beginning of private motorization and the interest of the military, demand for oil began to increase. This led to the establishment of a separate department of petroleum geology and the employment of a young geologist, Alfred Bentz, as assistant to Stoller.

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American Association of Petroleum Geologists (AAPG)

Hot Items

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)
Events Blog

Learn from your home or office by attending AAPG Online Short Course, Python Coding and Petroleum, 25–27 August 2020, 8:00 am–11:00 am (CDT). This hands-on coding and app course will feature programming in Python and use the platforms and software packages that are available either open-source, or free (or almost free), along with possible trial licenses.  

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)
Events Blog

URTeC 2020 Online is an exciting evolution of the world’s flagship unconventional resources event. The program will feature more than 250 talks, panels and team presentations, online exhibitor resources and scheduled social events. Registrants will have access to all content in real time – as activities are broadcast Monday to Wednesday, July 20-22 – and on-demand through the end of 2020, accessible anytime, anywhere and from any device. Visit URTeC.org to learn more and register today.

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American Association of Petroleum Geologists (AAPG)
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)
American Association of Petroleum Geologists (AAPG)

Headquarters Contacts

Diane Keim
Diane Keim Administration Staff, AAPG +1 918 560-2644