Explorer Article
By David Brown
Large institutions and asset managers are diversifying away from traditional oil and gas projects, sometimes driven by climate concerns, but their investments haven’t fallen far afield. Those organizations think in terms of billions of dollars when evaluating a potential investment sector. And so far, they haven’t hesitated to invest in energy. What has changed, and what keeps changing, is where they put those investment dollars. It’s an energy-investment transition that parallels today’s ongoing energy transition.
American Association of Petroleum Geologists (AAPG)
Added on 01 February, 2023
Explorer Director’s Corner
By David Curtiss
Last month the world’s political and industrial leaders gathered in Egypt for COP27. This annual event convened by the United Nations is an opportunity to engage in dialogue on the topic of climate change and to discuss a coordinated global response. If you’ve been paying attention for any length of time, you know that the topic of climate change and meetings like COP divide AAPG members. An individual member may or may not agree with the proposed policies or the concerns expressed at COP. But for many of our members worldwide, the topic of climate change and its impact on our industry and profession is existential – it has or will directly impact their careers and ability to practice their profession. That is why we must discuss this topic.
American Association of Petroleum Geologists (AAPG)
Added on 01 December, 2022
Explorer Division Column DEG
By Hannes Leetaru
The first U.S. oil well was drilled 1859 in Titusville, Penn., and the first commercial gas well was even earlier in 1825 in Fredonia, N.Y. There are two centuries of oil and gas drilling in the United States, and many of the wells in the first 150 years did not have the best plug-and-abandonment methods in place. Some of these wells are in urban areas and can endanger the residents. The number of orphaned and abandoned wells varies greatly depending on their definition. There might be millions of old and improperly plugged oil and gas wells leaking methane or contaminating groundwater in the United States, and plugging them will cost billions.
American Association of Petroleum Geologists (AAPG)
Added on 01 December, 2022
Explorer Readers Forum
By Carlos Girabaldi
I have the honor of leading the executive secretariat of ARPEL, the Association of Oil, Gas and (as of lately) Renewable Energy Companies of Latin America and the Caribbean. ARPEL is a key factor in the development and transformation of the oil and gas sector of our region. We foster cooperation and coordination on strategic and operational aspects among our member companies, and with sister trade and professional associations (such as AAPG), governments, regulators, academia and other stakeholders. ARPEL held its 6th conference in Lima, Peru in November.
American Association of Petroleum Geologists (AAPG)
Added on 01 December, 2022
Explorer Article
By Heather Saucier
As countries seek to transition to cleaner-burning fuel to address environmental concerns, it can also be argued that the need to eliminate energy poverty remains just as crucial. The future energy mix must be wide-ranging and diverse to meet the needs both of the environment and the people living on the planet. New companies have begun to bring geothermal energy to areas that aren’t adjacent to volcanoes or that don’t have access to tectonic settings, which allow for an easy harvesting of the Earth’s heat. Some are embracing the niche operation of repurposing traditional geothermal wells and non-producing oil and gas wells. Others are promoting widespread geothermal energy through deep vertical and multilateral wells that can bring heat and electricity to the masses.
American Association of Petroleum Geologists (AAPG)
Added on 01 December, 2022
Explorer Article
By Heather Saucier
In the world of oil and gas, an increasing number of plays in stratigraphic traps are being made – in large part due to ever-evolving seismic technology. The Discovery Thinking forum at the annual IMAGE conference in August served to highlight some of these plays in offshore frontier basins and the role that geophysics played in their discovery. “We are seeing more giant stratigraphic fields, and seismic is the key,” said past AAPG President Charles A. Sternbach, chair of the Discovery Thinking forum. “And, we are seeing more oil found at greater depths. Unconventional plays are migrating outside of the Western Hemisphere.”
American Association of Petroleum Geologists (AAPG)
Added on 01 November, 2022
Explorer Article
By Emily Llinás
The war between Russia and Ukraine has seen several phases since the initial invasion in February. A series of advances by the Ukraine armed forces in the Eastern part of the country in early September created the impression that the conflict might be near an end. Russian annexation of four provinces at the end of the month convinced others that the war is far from over. What is not debatable, however, are the devastating effects that the war continues to have, particularly on Ukrainian refugees who fled hundreds or thousands of miles to escape the turmoil and seek safety for themselves and their families. This is the second in a two-part series about Ukrainian geologist refugees who fled their homeland and received assistance from colleagues living around the world, which shares the stories of other geoscientists who benefitted greatly from the funding but still struggle to find stability after having their world turned upside-down.
American Association of Petroleum Geologists (AAPG)
Added on 01 November, 2022
Explorer Emphasis Article
By Emily Llinás
Natural disasters worldwide, public debate, policy decisions and shareholder pressure are just some of the factors motivating companies to seek alternatives to traditional oil and gas to fuel the ever-increasing demand for energy worldwide. One of those alternatives is hydrogen – a renewable energy source that proponents believe brings a wealth of opportunities and challenges. Argentina’s national energy company YPF is one such proponent. They are considering using natural gas from the massive Vaca Muerta play to produce “blue hydrogen,” which is produced by combining natural gas and steam.
American Association of Petroleum Geologists (AAPG)
Added on 01 November, 2022
Explorer Emphasis Article
By David Brown
If the world had a comprehensive plan to address climate change, what would it look like? That’s an important question, even a crucial question for industry and businesses globally, especially the energy industry. Companies need to plan for significant climate-related action coming in the years and decades ahead. “The world does have a climate plan – or rather, a lot of plans. There’s a ton of economic and climate models that have been done around various pathways,” said Derek Pankratz, senior research manager with the Center for Integrated Research in Deloitte Services LP.
American Association of Petroleum Geologists (AAPG)
Added on 01 November, 2022
Explorer Article
Search & Discovery, the popular open access, online journal owned and operated by Datapages, Inc. is once again accepting new submissions. We’re once again posting abstracts submitted to us by the AAPG sections and regions from their meetings. And if you’ve recently presented at one of those meetings or at IMAGE’22 and want to ensure that your work is available to a broader audience, we invite you to submit your presentation slides or poster to Search & Discovery. Our team will work with you to get it formatted and posted online.
American Association of Petroleum Geologists (AAPG)
Added on 01 October, 2022