With OPEC increasingly overshadowed by Saudi Arabia and Russia’s cooperation, and the United States’ escalating production, who holds the power in the global oil arena?
Mountains and beaches. Colonial cities, farming communities, indigenous villages. Central Eastern Mexico is full of diverse cultures and landscapes. It is also home to the Tampico-Misantla super basin, a 25,000-square-kilometer area that has produced oil since 1869.
Its present lull notwithstanding, the Permian Basin has been a production behemoth for years. The archetypal super basin in West Texas is the primary growth driver in U.S. oil production and may become the largest oil patch in the world over the next decade.
Earlier this year, in a surprise move, the Texas Sunset Advisory Committee recommended to eliminate the Texas Board of Professional Geology and repeal the Texas Geoscience Practice Act. Local Texas geoscience organizations and societies mobilized quickly to protest this decision and move forward.
AAPG’s historic Distinguished Lecture program has undergone a revolutionary transformation aimed at extending the program’s accessibility, audience and reach.
By the time they are drilled, almost all exploratory ventures today will have been geotechnically, statistically and economically analyzed to estimate their ultimate recovery of oil or natural gas, or its EUR, and its present monetary value, or PV, given discovery. This process is generally known as “exploration risk analysis” and it evolved primarily as a response to an endemic problem: explorers were discovering less than half of the EURs they forecast for their investors.
In 2017, AAPG celebrated the 100th anniversary of its founding in Tulsa, Okla. This same year was also the 40th anniversary of the establishment the AAPG Energy Minerals Division. The EMD has evolved as an organization over the past 40 years to reflect the changes in the mix of resources fueling the world’s ever-increasing energy demand.
November’s midterm elections in the United States brought a split decision and gave the country a divided Congress. The potential effect of the vote on the oil and gas industry and U.S. energy policy is also a toss-up, according to some analysts.
Over the past decade, Africa has steadily emerged one of the world’s leading playgrounds for oil and gas exploration.
Imagine if Siri or Alexa went to school, got an advanced degree in Petroleum Engineering and Geoscience, then went to work in the oilfield for several years, attended technical conferences, read journals and books; envision the product and the process, and you’d have NESH, the Smart Assistant for oil and gas. In addition, you have a chance to try out NESH and collaborate and explore a customizable artificial intelligence. It’s a tremendous opportunity. Welcome to an interview with Sidd Gupta, founder of NESH.
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One of the main objectives of petroleum exploration consists of predicting reservoir location. Data collected in the basin are used to better understand the sedimentary architecture, but are usually insufficient to accurately characterize this architecture.
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.
Sponsorships are now available for the American Association of Petroleum Geologists' 2020 Annual Convention and Exhibition (ACE) to be held 7–10 June, in Houston, Texas.
Book Now! Exhibit and Sponsorship Opportunities Available. The American Association of Petroleum Geologists (AAPG) 2020 Annual Convention and Exhibition (ACE) will be held 7–10 June, at the George R. Brown Convention Center in Houston, Texas. ACE remains a symbol and the intellectual headquarters for providing the technology, science, and skills to help fuel our future.
Exhibit space is available for the American Association of Petroleum Geologists' 2020 Annual Convention and Exhibition (ACE) to be held 7–10 June, in Houston, Texas.