HomeScience Discipline Business and Economics

Business and Economics

Explorer Emphasis Article

Do super basins have a role in sustainable development? The short answer is, Yes. Super basins can be part of a sustainable energy and environmental future for the planet. A more complex answer is: It depends on how you define “sustainable.” In the view of the oil and gas industry, sustainability has an economic component and an environmental component. Hydrocarbon-based energy is essential for a sustainable world economy in that view, and it will be for a long time to come.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The oil and gas industry struggles with some unique challenges in working toward a sustainable future. In a way, the social aspect of those challenges comes down to two words: Prove it. Often accused of being part of the problem in sustainability and not part of the solution, the oil industry faces an unusually high burden of proof when it seeks environmental trust from the public.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

At age 13, when I first began working summers at Davis Oil Company, little did I know I was beginning an amazing adventure alongside one of the smartest and most fearless men that I would ever know. He was one of the legendary oil men and business titans of the 20th century. Here is my story of “Big Marv,” my father.

American Association of Petroleum Geologists (AAPG)
Explorer Regions and Sections

Since its inception in 1994, the Middle East Geosciences Conference and Exhibition series – or, “GEO,” as it is better known – has grown to become the main geosciences event in the Middle East Region and beyond, providing a platform for knowledge sharing, exchange and dissemination as well as an excellent opportunity to interact with major upstream companies, service providers and academia. The GEO Executive Committee made the decision to postpone the event to Oct. 4-7, 2021 in response to the global spread of COVID-19.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

The North Sea Rift Basin ranks as one of the world’s most famous and indefatigable super basin areas. Like a pugnacious prize fighter, it’s been counted out again and again, only to rebound and punch back into contention. While some explorers consider the North Sea province highly mature, and even late life, it continues to produce plenty of oil and gas. And discoveries.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Since the 1968 discovery of Prudhoe Bay, North America’s largest conventional oilfield, operators have been drawn to Alaska’s remote and mysterious North Slope in search of other giants. The discovery of the Alpine Field in 1994 fueled interest in stratigraphic traps, and the region continues to yield significant discoveries, such as the 2013 Pikka Field, just east of the National Petroleum Reserve – Alaska. Considering all the territory that stretches north of the Brooks Range, one area –the Arctic National Wildlife Refuge – has remained off-limits to exploration since its creation in the 1980 Alaska National Interest Lands Conservation Act. Despite decades of heated debate between the industry and environmentalists on whether to allow exploration of the area – which is widely believed to be rich in hydrocarbons and a major step toward energy independence – it has remained closed. Until now.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

“All this will create jobs.” That was Secretary of Energy Dan Brouillette at the recent 2020 Natural Gas Summit, hosted by the Department of Energy at its headquarters in Washington, D.C. in late September, talking about the re-emergence of the oil and gas sector in the coming months and years. Energy leaders, as well as global LNG market representatives, were on hand, virtually, to hear and to share updates, projections and laments on today’s energy landscape. Featuring Director of the White House National Economic Council Larry Kudlow, the seminar reiterated the importance of domestic natural gas production to America’s economy, specifically as it related to job growth, the abundance and reliability of natural gas and its affordability, as well as the deleterious effects of government interference and regulation.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer President’s Column

If you remember from my last column, this is a three-part series on my thoughts on science, membership and budget. I talked about budget last time … we are still working on it, so let’s talk science. The reason most professionals join AAPG is for access to science. That’s not just my opinion – it’s what members tell us. AAPG is very good about disseminating the work of our members and other professionals around the world. That’s our mission.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Sixty years ago this month, on Sept. 14, 1960, representatives from five oil producing gathered at the Al-Shaab Hall in Baghdad to form the Organization of Petroleum Exporting Countries. OPEC was formally dedicated to “the coordination and unification of the petroleum policies of the member countries and the determination of the best means of safeguarding their interests, individually and collectively.” Public perceptions in the West about OPEC are usually negative. OPEC is viewed as an oil cartel, or even a monopoly, whose sole purpose is to control the oil market. The 60th anniversary of OPEC is an appropriate opportunity to review its formation.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The good news is that for oil and gas jobs, it’s about to get better. The bad news, of course, is that much of that is because there’s so little room for things to get any worse. And even then, don’t expect a quick bounce-back. With expectations properly managed, though, there is good reason for hope for those who adapt to the ongoing changes within the industry. The industry’s jobs outlook evolved as companies struggled through the 2015-17 downturn and then faced a new challenge from the COVID-19 pandemic this year. Fundamentally, the industry is getting: Leaner. Cleaner. Greener.

Show more
American Association of Petroleum Geologists (AAPG)
Field Seminar
Palermo, Italy
Thursday, 25 April 2024, 8:00 a.m.–5:00 p.m.

Time: TBC Attendee Limit: Minimum 15 - Maximum 50 People Fee: TBC Registration Deadline: TBC Field Trip Rendezvous Point Hotel nH Palermo This one-day field trip will provide an introduction to a Miocene-Pliocene succession of southern Sicily, which includes outcrops of the Messinian Salinity Crisis (MSC), as well as the Messinian-Zanclean GSSP (Global Boundary Stratotype Sections and Point) and Zanclean stratotype. The MSC sedimentary record consists of an evaporitic-carbonate unit at the base (the Basal Limestone), overlain the Lower Gypsum unit, in turn overlain by the Upper Gypsum unit, and sealed by transgressive chalk deposits of the Trubi Fm. The Lower Gypsum unit (massive gypsum with cm-sized selenite crystals) will be visited along the beach of Siculiana Marina (about 15 km NW of Agrigento). Next, we will visit near Capo Rossello (about 10 km NW of Agrigento) an outcrop of the Upper Gypsum unit consisting of clay-gypsum cycles and overlain by the Trubi Fm. The latter, at Scala dei Turchi beach, consists of chalk deposits arranged in a spectacular thick succession (~120 m thick) interpreted as astronomically-controlled depositional cycles. The uppermost interval of the MSC sedimentary record, including the Messinian-Zanclean GSSP, will be observed along the beach of Eraclea Minoa located about 20 km NW of Capo Rossello. Field Trip Leaders Antonio Caruso University of Palermo Attilio Sulli University of Palermo

Show more
American Association of Petroleum Geologists (AAPG)
Field Seminar
Palermo, Italy
Sunday, 21 April 2024, 8:00 a.m.–5:00 p.m.

Time: TBC Attendee Limit: Minimum 15 - Maximum 45 People Fee: TBC Registration Deadline: TBC This one-day field trip will focus on Mesozoic (Jurassic to Cretaceous) carbonates outcropping in the fold and thrust belt of western Sicily and equivalent to the aquifer complex of the Sciacca Geothermal Field located in the southwestern part of the island. Participants will have the opportunity to visit in the first stop a spectacular “drowned” carbonate-platform succession at Mt. Maranfusa located in an inactive quarry about 50 km SW of Palermo. The succession consists of Lower Jurassic peritidal cycles overlain by Middle Jurassic to Cretaceous pelagic limestone (e.g. ammonitic limestone, “chalk”) and marked by an unconformity with locally hardground. Syn-depositional Mesozoic tectonic is characterized by neptunian dykes and normal faults, whereas reverse faults, strike-slip faults, and joints are related to subsequent Cenozoic deformation. In the second stop, at Mt. San Calogero, adjacent to the picturesque coastal town of Sciacca (about 100 km south of Palermo), we will visit the surface expression of an extensive karst system linked to uprising geothermal fluids. Furthermore, we will discuss main characteristics of the Sciacca Geothermal Field and its connection to deep mantle-derived fluids. Outcrop data will be integrated with both 2D seismic lines and exploration well logs showing the stratigraphy and structure of the deep aquifer. Another topic, given the presence of faults and joints in the outcrops, this field trip can provide the participants with valuable insights into naturally fractured reservoirs at the sub-seismic scale. Field Trip Leaders Gianni Mallarino MOL Group Attilio Sulli University of Palermo

Show more
American Association of Petroleum Geologists (AAPG)
Field Seminar
Banff, Canada
Saturday, 11 May 2024, 8:00 a.m.–3:00 p.m.

Time: 8:00am - 5:00pm Fee: $300 AAPG members $350 Nonmembers $200 Academic/AAPG Emeritus Members $50 discount for workshop registrants Fee Includes: Transportation Insurance Field guide Entrance fee to Banff National Park Registration available during workshop registration This field trip will focus on the structural geology of the foothills and Front Ranges of Banff. Participants will be able to view excellent field examples of structures very similar to the producing oil and gas fields in the foothills to the west of Calgary and to learn about the complexities of sub-seismic-scale deformation. The field trip starts with an introduction to the interaction between thrust front with foreland basins and the interaction of basement trends with thrust belt geometries and (conventional) hydrocarbon fields. During the 1-day trip participants will follow a dip transect from the undeformed foreland basin, the eastern edge of the foothills marked by the triangle zone, the Front Ranges boundary and end at the Main Ranges west of Banff. Field Trip Itinerary Depart from Calgary – 8:00 a.m. Stop 1: Cochrane Retreat Road Overlook Trip overview and introduction; safety and logistics comments; interaction of thrust front with foreland basin; interaction of basement trends with thrust belt geometry and (conventional) hydrocarbon field distribution; appreciation of scale for subsurface play fairway. Stop 2: Scott Lake Stop 3: The Stony Nakoda Tim’s Classic stop, with historical importance for understanding the thrust belt and thrust geometry. Part 1 of displacement gradient on a large thrust. Most importantly, toilet stop after all the Tim’s coffee and driving. Review of Mt Yamnuska from a different perspective; preview of drive through McConnell damage zone and change in HW stratigraphy.. Stop 4: Lac des Arcs Imbricate thrust sheets in the Front Ranges and Banff Formation. Stop 5: Canmore T-junction Observe complexities of sub-seismic-scale deformation in mechanically layered rocks in the footwall of a large thrust Stop 6: Canmore strike view of the Rundle thrust Exposed strike view analogous to a cut-away of a giant conventional Foothills hydrocarbon field such as Turner Valley. Cross faults within the thrust sheet offset potential reservoir units at sub-seismic scale. Cross faults are arguably part of a regional trend associated with deeper, basement-rooted NE-SW structures. Stop 7: Mt Norquay Overlook Stop 8: Bow Falls Fracture systems in the Vega Siltstone Mbr of the Triassic Sulphur Mtn Fm. This outcrop of Vega Member siltstone of the Sulphur Mtn Fm is considered equivalent to upper Montney Fm. We will focus on the outcrop adjacent to the steps up to the Falls overlook.

Show more
American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Thursday, 14 March 2024, 8:30 a.m.–5:00 p.m.

This course course will explore the design of new plays, optimized for the goals and constraints of CO2 sequestration, and to develop the tools to de-risk and sell those plays to investors and regulators. It will be of particular interest to subsurface geoscientists and engineers with an interest in CO2 storage in saline reservoirs.

American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Thursday, 14 March 2024, 8:30 a.m.–5:00 p.m.

The development and application of a fit-for-purpose CO2 injection model is presented in the context of a front-end engineering design for a new Carbon Capture Storage (CCS) project targeting a depleted gas reservoir in the North Sea. This course will provide an understanding of the impact of CO2 impurities on casing and tubing load cases. The course provides the background and results of the Fit-for-Purpose Casing and Tubing Analysis Program that was developed in collaboration with Harbour Energy for the UK Viking CCS Project.

Show more
American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Thursday, 14 March 2024, 8:00 a.m.–12:00 p.m.

This half-day short course will familiarize attendees with the planning and execution of a whole core project. It's intended for those who plan to take core on CCUS projects including Geologists and drilling engineers.

American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Sunday, 10 March 2024, 8:00 a.m.–5:00 p.m.

As part of the international effort to combat global warming, significant attention is being given to ways to sequester (store for the long-term) carbon dioxide, which is a major contributor to the greenhouse effect. This one-day course will look at some of the ways in which carbon dioxide can be stored and provide a detailed review of the SRMS framework prepared by the Society of Petroleum Engineers to classify and categorize the storage quantities.

Show more
American Association of Petroleum Geologists (AAPG)
Short Course
Pittsburgh, Pennsylvania
Thursday, 29 February 2024, 7:30 a.m.–8:30 a.m.

American Association of Petroleum Geologists (AAPG)
Workshop
Palermo, Italy
Monday, 22 April Wednesday, 24 April 2024, 8:00 a.m.–5:00 p.m.

This Symposium marks a collaborative event that brings together AAPG Europe and AAPG Middle East, with a central focus on carbonates and mixed carbonate systems worldwide, while highlighting their significance within these two regions. The primary objectives are an overview of controls that govern the evolution of these systems in time and space and the characterization and prediction of their properties across scales.

American Association of Petroleum Geologists (AAPG)
Workshop
Abu Dhabi, UAE
Monday, 27 May Wednesday, 29 May 2024, 8:00 a.m.–5:00 p.m.

In order to support the energy transition, optimizing exploration and production from complex stratigraphic-diagenetic conventional and unconventional plays remains highly important. At the same time, Carbon Capture and Storage (CCS) poses new technological challenges that will impact both the industry and academia for decades to come. This 2nd edition will present reviews and discuss technology developments in geological process-based forward modeling achieved during the last 2 years. New perspectives for future technology developments and implementation in industry workflows will be discussed and with the additional focus on CO₂ storage and other sustainability-related applications, the scope of the workshop will be considerably extended.

Show more
American Association of Petroleum Geologists (AAPG)
Workshop
Khobar, Saudi Arabia
Tuesday, 5 March Thursday, 7 March 2024, 8:00 a.m.–5:00 p.m.

Join us for the 4th Edition of: "Stratigraphic Traps of the Middle East" workshop. The workshop will be hosted by AAPG in Al Khobar, Saudi Arabia 5-7 March 2024.

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.

Show more

Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

Related Interests

See Also ...