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Petroleum Structure and Geomechanics Division

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Explorer Geophysical Corner

The estimated hydrocarbon reserves around the world, when produced, can keep us going for the next several decades. But scientific records and our own experiences are enough evidence that climate change is indeed happening. Addressing it requires energy extraction from non-fossil fuels. One such resource is the natural heat of the Earth, or geothermal energy.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Producers finally got some relief in 2021. Oil and gas prices recovered from their pandemic lows and remained at high levels through most of the year, as increased production could not keep pace with a global demand recovery. It was a year when higher prices helped energy producers strengthen their balance sheets and improve their bottom lines.

American Association of Petroleum Geologists (AAPG)
Explorer Article

While the COVID-19 pandemic ground the world to a halt in 2020, crisis led to creativity and opportunity in many parts of the world. For four geoscientists in Colombia, the pandemic became the perfect time to serve their country and their profession. In May 2020, two weeks after oil prices dropped below zero, Colombia’s Ministry of Science, Technology and Innovation launched a bidding contest allocating nearly $3 million to finance geoscience research projects for the hydrocarbon sector.

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American Association of Petroleum Geologists (AAPG)

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