HomeScience Discipline Business and Economics

Business and Economics

Explorer Emphasis Article

It started in 2001, it featured the late astronomer Carolyn Shoemaker and it offered a talk that was, no pun intended, out of this world. “It” is the AAPG Michel T. Halbouty Lecture Program, a popular and scientifically important part of the annual convention, sponsored by the AAPG Foundation. Each year at a special, non-competitive time slot, this lecture series throws a spotlight on global experts discussing wildcat exploration – especially in areas where major discoveries have been made – as well as astrogeological developments and achievements that increase our knowledge and ability to develop resources on Earth. Charles A. Sternbach, a past AAPG president who originated AAPG’s Super Basin program, will be this year’s Halbouty lecturer, presenting a talk titled “Super Basin Thinking: Methods to Explore and Revitalize the World’s Greatest Petroleum Basins.”

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

“I really do not know a lot about leadership models.” That might seem a strange sentiment coming from a Michel T. Halbouty Outstanding Leadership Award winner, but Mahmoud Abdulbaqi, this year’s honored recipient – who has spent his career in leadership positions in the oil and gas industry, its corporations and associations – is not your typical Halbouty medalist. Through his career, he found opportunities to lead, as all good leaders do, but equally important, opportunities needing leadership found him.

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

“Geologists and geophysicists work well together.” That’s Stephen A. Sonnenberg on why AAPG and the Society of Exploration Geophysicists will be coming together for the International Meeting for Applied Geoscience and Energy at the Colorado Convention Center in Denver and online, Sept. 26 through Oct. 1. This year’s inaugural hybrid event will include nearly 200 technical presentations, 14 workshops, 10 special sessions, five field trips, numerous networking opportunities and a joint exhibition showcasing the latest geoscience products and technologies will be on hand.

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

Can the oil and gas industry ever speak with one voice on climate action? Can majors, national oil companies, leading independents and energy trade associations ever get on the same page when it comes to climate change? And critically, is climate policy turning into a no-win exercise for the oil industry? The American Petroleum Institute and other industry associations are now adopting a revised climate policy approach, partly based on growing public pressure in support of climate action.

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

The International Meeting for Applied Geoscience and Energy, or IMAGE ’21, the integrated annual convention of AAPG and the Society of Exploration Geophysicists in conjunction with the Society for Sedimentary Geology, is all set for its inaugural event to be held online and in-person in Denver, Colo., Sept. 26 to Oct. 1. This gathering of the industry’s top thinkers, leaders and innovators boasts an impressive schedule of special sessions, workshops, field trips and other offerings to expand geoscience and professional skills.

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

The Southwest Section Convention sizzled in the Fort Worth heat in late June, marking the first in-person section convention since the pandemic, and attracting a larger than anticipated number of geologists and geophysicists. Southwest Section organizers were thrilled with the large number of on-site registrations resulting in sellout ticketed events at the Radisson Fort Worth meeting site.

American Association of Petroleum Geologists (AAPG)
Explorer Article

The future for a petroleum geoscientist might seem more uncertain these days as the transition to cleaner energy begins. Fewer students have their ambitions set on oil and gas careers and industry professionals are beginning to question how their knowledge and skills will fit into a world of new energies. But, as many observers have noted, oil and gas will continue to play a key role in fueling the energy system for decades to come. As well as being needed to explore, geoscientists will be the bedrock for many emerging roles prompted by the transition because of their expertise in the subsurface.

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

OPEC+ and the United Arab Emirates appear to have settled their spat over production levels for now, but the “prisoner’s dilemma” of the current oil market remains, and that could have long- term ramifications for the industry.

American Association of Petroleum Geologists (AAPG)
Explorer Article

The International Meeting for Applied Geoscience and Energy, or IMAGE ’21, the integrated annual event of AAPG and the Society of Exploration Geophysicists in conjunction with the Society for Sedimentary Geology, is all set to be held online and in Denver, Colo., Sept. 26 to Oct. 1. The event will bring together many of the greatest minds and leaders from multiple disciplines of the geosciences sector, which includes an impressive lineup of keynote speakers that include IHS Markit’s Daniel Yergin, Kirsten Siebach of the Mars Perseverance mission and Kirk Johnson of the Smithsonian National Museum of Natural History.

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

“The beauty of the unconventionals is, while they’re expensive, we know where they are.” That’s Carlos Torres-Verdin, Brian James Jennings memorial endowed chair and Zarrow centennial professor of petroleum engineering at the University of Texas at Austin, talking about the promise of unconventional energy production in the United States, both from an industry standpoint and with a view to its position in the country’s future energy mix. According to a study by the Harvard University Business School, by 2030, 3.8 million jobs, half of which would be accessible to middle-skilled workers, could potentially be supported by the development of unconventional resources.

Show more
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, 12 April 2012, 12:00 a.m.–12:00 a.m.

This seminar focuses on the role geoscience leaders and mentors play in retaining top talent.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 2 December 2014, 2:00 p.m.–3:00 p.m.

The gas transport in organic-rich shales involves different length-scales, from organic and inorganic pores to macro- and macrofractures. In order to upscale the fluid transport from nanoscale (flow through nanopores) to larger scales (to micro- and macrofractures), multicontinuum methodology is planned to be used.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Saturday, 3 October 2020, 8:00 a.m.–9:00 a.m.

Join us to hear KB Trivedi,  Petroleum Geologist, discuss the paradigm of sequence stratigraphy has it enters a new phase. Webinar will be presented via Zoom on 03 October 2020, 8:00 am CST

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 9 September 2014, 2:00 p.m.–3:00 p.m.

Water cut is a big factor in gauging the success of horizontal drilling in the Mississippi Lime Play (MLP). The contributing factors are related in part to the spectrum of producing lithofacies and reservoir quality encountered that varies laterally and vertically, sometimes dramatically. 

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 e-Symposium
Thursday, 22 July 2010, 12:00 a.m.–12:00 a.m.

Upon successful completion of this course, you will be able to describe geomechanics in shale reservoirs and discuss differences between plays.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 10 September 2013, 12:00 a.m.–12:00 a.m.

The goal of this e-symposium is to review an important dimension in the ways geologist can build and update geological models using information from performance data.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 23 July 2009, 12:00 a.m.–12:00 a.m.

As commodity prices have dropped, many shale plays have become uneconomical as statistical plays and have increasingly become recognized as geological plays demanding new insights from data.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 27 August 2020, 3:00 p.m.–4:00 p.m.

There are over 300 known active onshore mud volcanoes globally, and many more offshore. Mud volcanoes are subsurface fluid escape features in which high pore pressures drive fluids, gases, and subsurface sediments to the surface. This talk will summarize mud volcanoes around the world and examine mud volcano plumbing systems and their link to petroleum systems.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 19 November 2020, 12:00 p.m.–1:00 p.m.

Another in a series of AAPG Visiting Geoscientist Presentations organized by the Manchester University AAPG Student Chapter. Sponsored by BP. Presented by Visiting Geoscientist Elda Miramontes, University of Bermen, Germany Webinar presented via Zoom on 19 November at 5:00pm (GMT-0)

American Association of Petroleum Geologists (AAPG)
DL Abstract

As oil and gas exploration and production occur in deeper basins and more complex geologic settings, accurate characterization and modeling of reservoirs to improve estimated ultimate recovery (EUR) prediction, optimize well placement and maximize recovery become paramount. Existing technologies for reservoir characterization and modeling have proven inadequate for delivering detailed 3D predictions of reservoir architecture, connectivity and rock quality at scales that impact subsurface flow patterns and reservoir performance. Because of the gap between the geophysical and geologic data available (seismic, well logs, cores) and the data needed to model rock heterogeneities at the reservoir scale, constraints from external analog systems are needed. Existing stratigraphic concepts and deposition models are mostly empirical and seldom provide quantitative constraints on fine-scale reservoir heterogeneity. Current reservoir modeling tools are challenged to accurately replicate complex, nonstationary, rock heterogeneity patterns that control connectivity, such as shale layers that serve as flow baffles and barriers.

Show more

Request a visit from Tao Sun!

American Association of Petroleum Geologists (AAPG)
DL Abstract

Local sea-level changes are not simply a function of global ocean volumes but also the interactions between the solid Earth, the Earth’s gravitational field and the loading and unloading of ice sheets. Contrasting behaviors between Antarctica and Scotland highlight how important the geologic structure beneath the former ice sheets is in determining the interactions between ice sheets and relative sea levels.

Request a visit from Alex Simms!

American Association of Petroleum Geologists (AAPG)
DL Abstract

President Biden has laid out a bold and ambitious goal of achieving net-zero carbon emissions in the United States by 2050.  The pathway to that target includes cutting total greenhouse gas emissions in half by 2030 and eliminating them entirely from the nation’s electricity sector by 2035. The Office of Fossil Energy and Carbon Management will play an important role in the transition to net-zero carbon emissions by reducing the environmental impacts of fossil energy production and use – and helping decarbonize other hard-to abate sectors.

Show more

Request a visit from Jennifer Wilcox!

American Association of Petroleum Geologists (AAPG)
VG Abstract

Production from unconventional petroleum reservoirs includes petroleum from shale, coal, tight-sand and oil-sand. These reservoirs contain enormous quantities of oil and natural gas but pose a technology challenge to both geoscientists and engineers to produce economically on a commercial scale. These reservoirs store large volumes and are widely distributed at different stratigraphic levels and basin types, offering long-term potential for energy supply. Most of these reservoirs are low permeability and porosity that need enhancement with hydraulic fracture stimulation to maximize fluid drainage. Production from these reservoirs is increasing with continued advancement in geological characterization techniques and technology for well drilling, logging, and completion with drainage enhancement. Currently, Australia, Argentina, Canada, Egypt, USA, and Venezuela are producing natural gas from low permeability reservoirs: tight-sand, shale, and coal (CBM). Canada, Russia, USA, and Venezuela are producing heavy oil from oilsand. USA is leading the development of techniques for exploring, and technology for exploiting unconventional gas resources, which can help to develop potential gas-bearing shales of Thailand. The main focus is on source-reservoir-seal shale petroleum plays. In these tight rocks petroleum resides in the micro-pores as well as adsorbed on and in the organics. Shale has very low matrix permeability (nano-darcies) and has highly layered formations with differences in vertical and horizontal properties, vertically non-homogeneous and horizontally anisotropic with complicate natural fractures. Understanding the rocks is critical in selecting fluid drainage enhancement mechanisms; rock properties such as where shale is clay or silica rich, clay types and maturation , kerogen type and maturation, permeability, porosity, and saturation. Most of these plays require horizontal development with large numbers of wells that require an understanding of formation structure, setting and reservoir character and its lateral extension. The quality of shale-gas resources depend on thickness of net pay (>100 m), adequate porosity (>2%), high reservoir pressure (ideally overpressure), high thermal maturity (>1.5% Ro), high organic richness (>2% TOC), low in clay (<50%), high in brittle minerals (quartz, carbonates, feldspars), and favourable in-situ stress. During the past decade, unconventional shale and tight-sand gas plays have become an important supply of natural gas in the US, and now in shale oil as well. As a consequence, interest to assess and explore these plays is rapidly spreading worldwide. The high production potential of shale petroleum resources has contributed to a comparably favourable outlook for increased future petroleum supplies globally. Application of 2D and 3D seismic for defining reservoirs and micro seismic for monitoring fracturing, measuring rock properties downhole (borehole imaging) and in laboratory (mineralogy, porosity, permeability), horizontal drilling (downhole GPS), and hydraulic fracture stimulation (cross-linked gel, slick-water, nitrogen or nitrogen foam) is key in improving production from these huge resources with low productivity factors.

Show more

Request a visit from Ameed Ghori!

American Association of Petroleum Geologists (AAPG)
VG Abstract

In comparison with the known boundary conditions that promote salt deformation and flow in sedimentary basins, the processes involved with the mobilization of clay-rich detrital sediments are far less well established. This talk will use seismic examples in different tectonic settings to document the variety of shale geometries that can be formed under brittle and ductile deformations.

Request a visit from Juan I. Soto!

American Association of Petroleum Geologists (AAPG)
VG Abstract

The carbonate sequences that were deposited in the now exhumed Tethyan Ocean influence many aspects of our lives today, either by supplying the energy that warms our homes and the fuel that powers our cars or providing the stunning landscapes for both winter and summer vacations. They also represent some of the most intensely studied rock formations in the world and have provided geoscientists with a fascinating insight into the turbulent nature of 250 Million years of Earth’s history. By combining studies from the full range of geoscience disciplines this presentation will trace the development of these carbonate sequences from their initial formation on the margins of large ancient continental masses to their present day locations in and around the Greater Mediterranean and Near East region. The first order control on growth patterns and carbonate platform development by the regional plate-tectonic setting, underlying basin architecture and fluctuations in sea level will be illustrated. The organisms that contribute to sequence development will be revealed to be treasure troves of forensic information. Finally, these rock sequences will be shown to contain all the ingredients necessary to form and retain hydrocarbons and the manner in which major post-depositional tectonic events led to the formation of some of the largest hydrocarbon accumulations in the world will be demonstrated.

Show more

Request a visit from Keith Gerdes!

American Association of Petroleum Geologists (AAPG)
DL Abstract

Around 170 million years ago, the Gulf of Mexico basin flooded catastrophically, and the pre-existing landscape, which had been a very rugged, arid, semi-desert world, was drowned beneath an inland sea of salt water. The drowned landscape was then buried under kilometers of salt, perfectly preserving the older topography. Now, with high-quality 3D seismic data, the salt appears as a transparent layer, and the details of the drowned world can be seen in exquisite detail, providing a unique snapshot of the world on the eve of the flooding event. We can map out hills and valleys, and a system of river gullies and a large, meandering river system. These rivers in turn fed into a deep central lake, whose surface was about 750m below global sea level. This new knowledge also reveals how the Louann Salt was deposited. In contrast to published models, the salt was deposited in a deep water, hypersaline sea. We can estimate the rate of deposition, and it was very fast; we believe that the entire thickness of several kilometers of salt was laid down in a few tens of thousands of years, making it possibly the fastest sustained deposition seen so far in the geological record.

Show more

Request a visit from Frank Peel!

American Association of Petroleum Geologists (AAPG)
VG Abstract

The Betic hinterland, in the westernmost Mediterranean, constitutes a unique example of a stack of metamorphic units. Using a three-dimensional model for the crustal structure of the Betics-Rif area this talk will address the role of crustal flow simultaneously to upper-crustal low-angle faulting in the origin and evolution of the topography.

Request a visit from Juan I. Soto!

American Association of Petroleum Geologists (AAPG)
DL Abstract

Three-dimensional (3D) seismic-reflection surveys provide one of the most important data types for understanding subsurface depositional systems. Quantitative analysis is commonly restricted to geophysical interpretation of elastic properties of rocks in the subsurface. Wide availability of 3D seismic-reflection data and integration provide opportunities for quantitative analysis of subsurface stratigraphic sequences. Here, we integrate traditional seismic-stratigraphic interpretation with quantitative geomorphologic analysis and numerical modeling to explore new insights into submarine-channel evolution.

Show more

Request a visit from Jacob Covault!

American Association of Petroleum Geologists (AAPG)

Related Interests

See Also ...