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Business and Economics

Explorer Article

With the price of oil hovering well over $100 a barrel, some in the industry are exploring ways to revisit conventional oilfields using technology that emerged during the unconventional oil boom, with a goal of earning a rapid return on investment while prices remain favorable.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Global events of recent years have driven the oil and gas industry to make major changes to its workforce and operations, and the professional and scientific associations that serve the industry have had to evolve and adapt to accommodate those changes, particularly with regard to the programs they offer. The Imperial Barrel Award competition is no exception. An AAPG staple since 2007 and one of the Association’s most prestigious and visible programs, the IBA has undergone multiple changes during the past two years.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

We are proud of the accomplishments and science achieved with the exploration of the moon by Apollo crews culminating in 1972 with Apollo 17, 50 years ago. No time since has offered so much promise for crews to return to explore the moon and deep space. There are signs of hope that that’s about to change, though.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Scott Tinker holds numerous official titles. Unofficially, he’s a visionary-in-residence for the oil and gas industry and an expert frequently quoted in the media on energy topics. Since 2016, Tinker has served as chairman of the Switch Energy Alliance, a non-profit organization dedicated to energy education and collaborative work on energy challenges. Tinker shared his thoughts about the current state of the oil and gas industry and other issues in a recent interview with the EXPLORER.

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American Association of Petroleum Geologists (AAPG)
Explorer Readers Forum

Civilization can only exist with energy. Petroleum provides most of the energy and products we need to live environmentally responsible, healthy, sustainable and comfortable lives. Recent events in Europe prove that petroleum continues to be critical. In the first three articles of this series, we discussed the petroleum base “wedge” to various energy sources, the skill sets needed to find petroleum (and the resources offered by AAPG to develop those skills) and the unintended consequences and limits to alternative low-density energy machines. We should also explore why petroleum matters.

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American Association of Petroleum Geologists (AAPG)
Explorer Geophysical Corner

The September 2021 Geophysical Corner was an article entitled ‘3-D Visualization and Geobody Picking of Amplitude Anomalies in Deepwater Seismic Data,’ in which we reviewed the use of geobody tools to rapidly visualize the extent of geologic features that give rise to a strong seismic amplitude response. For seismically thin reservoirs, the response of a gas-saturated sandstone gives rise to a trough at the top and a peak at the base. In this case, we would need to select two separate geobodies to map the reservoir.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

The small town of Cunningham, Kansas lies about 65 miles straight west of Wichita on U.S. Highway 54. It was incorporated in 1887 as a commercial center for farmers and ranchers in that part of south-central Kansas. Hard winter wheat was the main cash crop, while herds of beef and dairy cattle were a close second source of income. This activity characterized the culture of Cunningham into the early years of the 20th century. That is, until a new industry was introduced to Kansas when, in 1915, oil was discovered in the El Dorado field northeast of Wichita.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

How the oil and gas business finds investors is changing. Again. But it may change back. Or not. “The private equity firms that have traditionally funded new hydrocarbon companies are facing new pressure from their investors to stop placing capital in oil and gas, and the desire for quick profit – or even profit at all – has become secondary to a perceived battle against carbon dioxide,” said Don Burdick, who understands how counterintuitive not making a profit sounds. On the surface, it’s a startling development.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Put pressure on the United States to increase oil and natural gas production and the burden mainly falls on unconventional resources. Will operators be up to the challenge? Near-term projections call for U.S. oil output to grow by 1 million barrels per day. A difficult operating environment will make that increase a struggle, but the very nature of unconventionals offers cause for optimism.

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

In February, TotalEnergies announced a significant light oil discovery in the Orange Basin, offshore Namibia. Reuters reported a source suggesting that the Venus-X1 well may have found more than 1 billion barrels of oil equivalent. This was the second significant discovery announced in the basin that month. The offshore continues to deliver new oil and natural gas discoveries worldwide. And as this issue hits your inbox, the offshore is the primary topic of discussion in Houston as the 2022 Offshore Technology Conference returns to NRG Park from May 2-5.

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American Association of Petroleum Geologists (AAPG)
Workshop
Paramaribo, Suriname
Wednesday, 17 January Thursday, 18 January 2024, 8:00 a.m.–5:00 p.m.

Plan now to attend an interactive in-person workshop with industry leaders, government representatives and technical experts working in the Guyana-Suriname Basin.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 25 March 2010, 12:00 a.m.–12:00 a.m.

The presentation describes a well established fracture modeling workflow that uses a standard 3D seismic, conventional logs, image logs and data from one core to build predictive 3D fracture models that are validated with blind wells.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 13 December 2012, 12:00 a.m.–12:00 a.m.

The course will review core data, petrophysical comparisons, rock physics modeling (including pseudo logs and mechanical properties).

American Association of Petroleum Geologists (AAPG)
Online Certificate Course
Tuesday, 1 January 2013, 12:00 a.m.–1:00 a.m.

Wind Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for wind energy.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Virtual Online e-Symposium
Thursday, 19 November 2009, 12:00 a.m.–12:00 a.m.

This presentation will review the results of ongoing carbon storage research in Kentucky by the Kentucky Geological Survey (KGS) and industry partners.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 10 September 2020, 3:00 p.m.–4:00 p.m.

Economic oil and gas fields have been increasingly found in deep-water continental margins for the past decade, where potential prospects record the key tectonic events associated with plate breakup and continental drift. In these regions, the exploitation of economic resources must take into account sustainable practices and environmental concerns of local populations. This talk will present case studies from multiple continental margins to then extrapolate major findings to basins in SE Asia.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 12 November 2020, 5:00 p.m.–6:00 p.m.

Contourites have come of age – both scientifically and economically. These deepwater sedimentary systems, driven by long-slope bottom-current processes, are a fundamental component of many continental margin successions. They are inter-bedded with and interact with down-slope systems, pelagic systems, and deep tidal processes. The contourite play clearly works – now we need to make it a primary target in future deepwater exploration.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 24 September 2020, 8:30 p.m.–9:30 p.m.

In the past 3 decades the sequence stratigraphy jargon has proliferated, resulting in multiple definitions of the same surface or new surfaces and units based on drawings of deposition in response to relative changes in sea level. The close association between base-level changes, the formation of surfaces, and specific stratal stacking that define systems tracts are at the heart of the confusion. This webinar is proposed a back-to-basics approach, emphasizing key observations that can be made from any geologic data: lithofacies, lithofacies association, vertical stacking, stratal geometries, and stratal terminations.

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American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Wednesday, 5 March 2014, 12:00 a.m.–12:00 a.m.

Explore three of the great wonders of the geological world. Take a guided tour of classic geological sites on the Colorado Plateau.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Monday, 15 June 2020, 12:00 p.m.–1:00 p.m.

Ray Leonard will be talking to us about 'Climate Change, Covid-19 and the Effect on Energy’s Future'. Fossil fuels have led to a profound increase in world living standards but resulting emissions of CO2 and methane into the atmosphere are a primary factor in climate change. The impact of the Covid-19 pandemic of 2020 has resulted in a significant decrease in world economic activity, which in turn has led to a major, if temporary, decrease in greenhouse gas emissions, particularly CO2. Join Ray Leonard via Zoom on June 15 at 12:00 GMT+1

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 9 June 2020, 4:00 p.m.–5:00 p.m.

Visiting Geoscientist Susan Morrice shares her personal experience and insight in this talk about opportunities for geoscientists. “Geoscientists have advantages ... They are Time Travellers and have open minds. Bringing this creativity and innovation to your company or starting your own! Challenging times bring silver linings!”

American Association of Petroleum Geologists (AAPG)
DL Abstract

Climate change is not only happening in the atmosphere but also in the anthroposphere; in some ways the former could drive or exacerbate the latter, with extreme weather excursions and extreme excursions from societal norms occurring all over the earth. Accomplishing geoscience for a common goal – whether that is for successful business activities, resource assessment for public planning, mitigating the impacts of geological hazards, or for the sheer love of furthering knowledge and understanding – can and should be done by a workforce that is equitably developed and supported. Difficulty arises when the value of institutional programs to increase equity and diversity is not realized.

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Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

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