Welcome to an interview with Herman Darman, whose career in petroleum geology is now transitioning to geothermal energy, particularly in Indonesia, where there are volcanoes as well as repurposeable oil and gas wells.
The petroleum industry has changed and is under attack. Many want to stop production of carbon-based fuels. There is a logic to this if we look to the future. We need to sustain energy production and fill the holes in the current alternative energy industries like solar, wind turbines, geothermal and advanced batteries. This does not mean oil industry jobs will be eliminated. They will just change.
When introducing his American Jobs Plan, President Biden promised it would invest “in America in a way we have not invested since we built the interstate highways and won the Space Race.” To put that investment in perspective, the interstate highway system, encompassing 47,000 miles of roads, cost $500 billion in today’s dollars, adjusting for inflation; the Apollo Program, about $194 billion. The price of the American Jobs Plan: $2.3 trillion. Included is significant investment proposed for the energy sector, which includes expanding clean energy sector tax credits, offering block grants and increasing government purchasing power to aid the new renewable sector.
It's been an amazing year… so many new opportunities while sprinting along the razor’s edge of existence! Early on, we did a lot of self-examination and strategic planning for a new AAPG. Part of the early short-term strategy was to cut and cut to bring the budget down to essential services and those programs that are sponsored by corporate or AAPG Foundation donations. At the same time, we began working on longer-term strategies. You have heard it said that “We are at our best when we prepare ourselves for the worst.” I would change that to say, “We are at our best when we prepare ourselves to avoid the worst!”
Unconventional resource development has a remarkable history, combining breakthroughs and advances in both technology and geoscience. The pace of progress might have slowed in recent years, but that history is still being written.
A ransomware cyberattack on the Colonial Pipeline in May brought a short-term disruption of gasoline supplies to the East Coast of the United States. Experts warned the assault has longer-term implications for the oil and gas industry, and for the nation’s critical infrastructure. Following the attack, government agencies quickly vowed to strengthen the nation’s cybersecurity efforts. But the great majority of U.S. energy supply – more than three-quarters, by many estimates – is in the hands of private industry. The Colonial incident “reflects a historically lax cybersecurity culture in the oil and gas industry.”
Throughout the past decade, Brazil’s pre-salt basins and giant deepwater oil discoveries have brought significant attention to the country and to the offshore South Atlantic. Though operating in the Brazilian pre-salt play promises billions of barrels of oil, it also requires billions of dollars in investment and technology, something just a handful of companies can bring to the table. While Petrobras and international companies focus their attention on the Brazilian offshore, a handful of Brazilian companies and foreign investors have focused inland, where they are quietly starting Brazil’s onshore revolution.
In North America’s history of building pipelines to transport oil, natural gas and petroleum products, somewhere along the way, the process became political. By pulling the presidential permit on the Keystone XL pipeline, President Joe Biden sent a powerful message: Even if a pipeline benefits citizens and trade relations with important allies, and even if it has met or exceeded design and regulatory requirements and secured community support, its fate can ultimately be determined by a whim.
The results are in for the AAPG officer election for the president-elect, vice president – regions, and secretary. Thank you for your voting participation!
Steve Brachman, HoD chair, examines the House of Delegates with regard to its expenditures, revenue generated, as well as its functions and benefits to AAPG.
Executive summary of the AAPG 2022 Member/Customer Planning Survey
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.
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.
Results of the 2022 AAPG Member/Customer Planning Survey.