Explorer Division Column EMD

Greetings from my home office in Austin during the perfect storm of pandemic and negative oil prices! This year has been a roller coaster of record production falling to lowest production and lowest oil prices in history, resulting in unprecedented layoffs, not only in the oil industry, but other industries as well. But, this lowest of lows too will pass, since our dependency on hydrocarbons will still last until renewable resources are better established.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

'Conventional geothermal reservoirs are characterized by a heat source, hydrothermal convection, and sufficient natural permeability to allow for fluid migration. Recognizing the geologically restricted occurrence of natural sites, additional opportunities have been sought. Enhanced geothermal systems are reservoirs in hot rock that lack the natural permeability required for fluid movement. In 2014, the U.S. Department of Energy initiated a program to test and develop new technologies for characterizing, creating and sustaining EGS reservoirs under natural field conditions. A site approximately 350 kilometers south of Salt Lake City Utah was selected for the Frontier Observatory for Research in Geothermal Energy, or “FORGE” laboratory. '

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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 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 Division Column DEG

The DEG leadership unanimously endorsed EnergySource Minerals in San Diego to receive a DEG Corporate Award for their efforts to harness for lithium extraction the brine flow supplying the John L. Featherstone geothermal power plant in the Salton Sea region. EnergySource Chief Operating Officer Derek Benson shared with us that a proprietary process called “Integrated Lithium Adsorption Desorption,” or “ILiAD,” was demonstrated to be the key that unlocks Salton Sea lithium development. They have succeeded in producing battery-grade lithium carbonate and lithium hydroxide utilizing the brine flow as it exits the power generation.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

History is repeating itself today as low oil prices force collaboration between OPEC and non-OPEC producers. An historical analysis of the real global price of oil shows that OPEC will push up prices when the value of oil drops, as in 1995, or work with non-OPEC countries to defend a value floor, as in 1999 and in 2016 until the present. This value floor is defined by times when OPEC advocated abandoning the U.S. dollar as a basis for pricing oil, or when OPEC and non-OPEC countries collaborated.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In a world that has seen rock-bottom oil prices, a sharp decline in energy demand, constrained funding for oil and gas and a worldwide COVID-19 pandemic, the future for unconventional resources looks – Challenging. Although, not too bad. That might seem counter-intuitive, but many analysts say the outlook for unconventionals remains positive even as the oil industry goes through a period of struggle and woe.

American Association of Petroleum Geologists (AAPG)
Explorer Article

In July 2019, when the current AAPG Executive Committee took office, they inherited one piece of outstanding business: review the AAPG Climate Statement that had been approved by the previous EC, but also tabled for approval by the incoming EC. Over the last seven months, and long before the two black swan events that are wreaking havoc on our industry and our Association, the EC engaged many of the Association’s stakeholders, including the divisions, the Advisory Council, the Corporate Advisory Board and, by way of a survey, our members.

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

This year’s Energy Mineral Division columns have kept to a common theme: opportunity in change. The plan for the final installment was to talk about climate change. Since November’s column, a much more immediate and inclusive change has enveloped the globe with the spread of the novel coronavirus known as COVID-19. How can we see opportunity through the current cloud of uncertainty and in the face of fear and grief?

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

With oil reaching historic lows, massive layoffs, a growing stigma against fossil fuels, and new fields of science with a futuristic feel, it is understandable why studying the geosciences – particularly for careers in petroleum – might strike a student as a bad idea. Most would agree the oil and gas industry has a major public relations crisis on its hands. To remain relevant, it must demonstrate the growing need for geoscientists in forward-thinking positions where job security is all but a given.

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American Association of Petroleum Geologists (AAPG)

Hot Items

Explorer Article

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

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

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

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

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.

American Association of Petroleum Geologists (AAPG)
Explorer Article

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

American Association of Petroleum Geologists (AAPG)

Headquarters Contacts

Susan Nash
Susan Nash Director, Innovation and Emerging Science and Technology, AAPG +1 405 314 7730