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Explorer President’s Column By Rick Fritz

I was watching some old movies during a recent snowstorm in Tulsa. One of them was “Back to the Future.” In this case, “the future” was 2015. The movie “Rollerball” was set in 2018, and “Terminator” was supposed to be from 2020-30. Have you ever noticed that the future is not that far away? As you could see from my last column, I’ve had “the future” on my mind. So, in thinking again about the future, I want to discuss governance. This will not be my most exciting column, but it is important.

Added on 01 March, 2021

Explorer Historical Highlights By Jeff Aldrich,John Seidle

The Elusive and Elastic History of 'Sweet Spots'

People in the oil and gas industry often speak of, and always seek to find, the “sweet spot” of a given play, field or reservoir. Ask anyone in the oil patch, “What is a sweet spot?”, and you will often get an answer long on colorful recollections and short on hard details. Ask a follow-up question about the history of sweet spots and you will probably receive only a baffled look.

Added on 01 March, 2021

Explorer Article By Emily Llinás

Long-Term Strategies for Colombia’s Offshore

Last year started with promise for the Colombian offshore industry. Shell EP Offshore Ventures Limited and Ecopetrol, S.A. signed an agreement for Shell to acquire an interest in and operate the Fuerte Sur, Purple Angel and Col-5 blocks located in the southern Colombian Caribbean basin. Noble Energy opened an office in Barranquilla and announced plans to drill a prospect at 8,500 feet on the Col-3 block in the Guajira Basin in northern Colombia. Ecopetrol and Petrobras prepared to mature the 2014 Orca discovery on the Tayrona block, also in Guajira. Then COVID-19 came to the Americas in March 2020, and everything changed.

Added on 01 March, 2021

Explorer Article By David Brown

'The Longest Year We've Ever Had'

University geoscience programs face a challenging future as the world emerges from the coronavirus pandemic – one that could have significant and even dire implications for oil and gas. Educators, mostly outside the United States, are already sounding an alarm.

Added on 01 March, 2021

Explorer Director’s Corner By David Curtiss

An Opportunity in Disguise?

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.

Added on 01 February, 2021

Explorer Historical Highlights By Gustavo Coronel

Chevron in Ecuador

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.

Added on 01 February, 2021

Explorer Article By Emily Llinás

Beyond Exploration

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.

Added on 01 February, 2021

Explorer President’s Column By Rick Fritz

Predicting the Future and How It Impacts AAPG

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.

Added on 01 February, 2021

Explorer Article By Dave Larue

The One Where Gilligan and Frankenstein Chase Goldilocks

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.

Added on 01 February, 2021

Explorer Article By David Brown

Can Oil Explorers Dare to Hope in 2021?

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?

Added on 01 February, 2021

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Explorer Article By Barry Friedman

How the U Adds Value in CCUS

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

Added on 01 March, 2024

Explorer Director’s Corner By David Curtiss

Introducing the New EXPLORER, New Digital Newsletters

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.

Added on 01 April, 2024

Explorer Historical Highlights By Bernard Duval,Jean Laherrere,Jean-Jacques Biteau,Jean-Marie Masset

From Outcrops to the Champs-Elysées: Petroleum Exploration in the Paris Basin

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

Added on 01 March, 2024

Explorer Article By David Brown

What Will it Take to Get CCUS Ready for Prime Time?

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

Added on 01 March, 2024

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