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Business and Economics

Oil Prices Steady as Russia Eases Fuel Export Ban - 25 September, 2023 07:30 AM

Harold Hamm Calls for Consistency In U.S. Oil and Gas Regulation - 25 September, 2023 07:30 AM

Biden Handed Major Legal Defeat in Attempt to Restrict Oil, Gas Drilling in Gulf of Mexico - 25 September, 2023 07:30 AM

New Oil and Gas Rule Would Provide Pathway for CO2 Utilization - 25 September, 2023 07:30 AM

Macron Says France to Ask Oil Industry to Sell Fuels at Cost - 25 September, 2023 07:30 AM

News in Review ...

12 Oct

Siliciclastic Reservoirs of the Middle East Call for Posters Expires in 11 days

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04 Feb

4th Edition: Stratigraphic Traps of the Middle East Call for Posters Expires in 126 days

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29 Apr

2nd Edition: Geological Process-Based Forward Modeling AAPG Call For Abstracts Expires in 211 days

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Explorer Emphasis Article By David Brown

The Next Discovery Boom is Around the Corner

Can predictive data analytics, a cutting-edge tool for exploration, lead to a future boom in new field discoveries and reserve additions? If it does, predictive analytics predicted it.

Added on 01 July, 2020

Explorer Director’s Corner By David Curtiss

Expand Your Range to Expand Your Options

Many of us as petroleum geoscientists, whether recent graduates or experienced professionals, are confronting significant disruption in our chosen profession. The oil and gas business today is, once again, in transition. How do we each individually adapt this to this new reality? It’s by exploring breadth – range – not just the depths of specialization.

Added on 01 June, 2020

Explorer Historical Highlights By William DeMis

A Brief History of Oil’s Value

History is repeating itself today as low oil prices force collaboration between OPEC and non-OPEC producers. An historical analysis of the real global price of oil shows that OPEC will push up prices when the value of oil drops, as in 1995, or work with non-OPEC countries to defend a value floor, as in 1999 and in 2016 until the present. This value floor is defined by times when OPEC advocated abandoning the U.S. dollar as a basis for pricing oil, or when OPEC and non-OPEC countries collaborated.

Added on 01 June, 2020

Explorer Emphasis Article By David Brown

Unconventionals Persist, Despite Everything

In a world that has seen rock-bottom oil prices, a sharp decline in energy demand, constrained funding for oil and gas and a worldwide COVID-19 pandemic, the future for unconventional resources looks – Challenging. Although, not too bad. That might seem counter-intuitive, but many analysts say the outlook for unconventionals remains positive even as the oil industry goes through a period of struggle and woe.

Added on 01 June, 2020

Explorer Emphasis Article By David Brown

Anadarko Basin: A Super Super Basin

They might have to invent a new designation for the Anadarko Basin: “super-super basin.” An extraordinarily deep basin, it towers far above the standard definition of a Super Basin – a basin containing multiple reservoirs and source rocks with cumulative production of at least 5 billion barrels of oil equivalent, and future production potential of more than 5 billion boe. The Anadarko has all that and more.

Added on 01 June, 2020

Explorer Article

Announcing the AAPG Climate Statement

In July 2019, when the current AAPG Executive Committee took office, they inherited one piece of outstanding business: review the AAPG Climate Statement that had been approved by the previous EC, but also tabled for approval by the incoming EC. Over the last seven months, and long before the two black swan events that are wreaking havoc on our industry and our Association, the EC engaged many of the Association’s stakeholders, including the divisions, the Advisory Council, the Corporate Advisory Board and, by way of a survey, our members.

Added on 01 May, 2020

Explorer ProTracks By Hala Alwagdani

Investing in Education

At a time when the geoscience job market is suffering from low demand and fewer jobs, the Middle East is hungry for petroleum geoscientists.

Added on 01 May, 2020

Explorer President’s Column By Mike Party

An Unprecedented Time

We have been through a month of lockdown due to the coronavirus, and in that time, we have seen oil prices go into negative numbers. This is paper barrels! The commodity market has a place in our business and it’s helpful to understand the history and how the commodity market has changed our industry.

Added on 01 May, 2020

Explorer Director’s Corner By David Curtiss

Considering What’s Next

May is upon us. In the northern hemisphere we’re in the middle of spring, a time of awakening and new beginnings. Here in Oklahoma, the sun is shining, the grass is green and the roses are in bloom. But there’s another side to spring in Oklahoma: tornado season. And for many of us, the present situation looks more like foreboding thunderheads, hail, fierce winds and sheets of rain. COVID-19 continues to spread illness and uncertainty. Far too many of us have either been directly affected by this virus or know someone who has. None of us has escaped the impact of a staggering collapse in oil prices. Graduation has been canceled. This month looks more sinister than sunny. And all of us – newly minted graduates, mid- career and seasoned veterans alike – are asking, “What’s next?”

Added on 01 May, 2020

Explorer Emphasis Article By Heather Saucier

Geoscience Programs Evolve Through Declining Enrollment

With oil reaching historic lows, massive layoffs, a growing stigma against fossil fuels, and new fields of science with a futuristic feel, it is understandable why studying the geosciences – particularly for careers in petroleum – might strike a student as a bad idea. Most would agree the oil and gas industry has a major public relations crisis on its hands. To remain relevant, it must demonstrate the growing need for geoscientists in forward-thinking positions where job security is all but a given.

Added on 01 May, 2020

Workshop

Paramaribo, Suriname

Wednesday, 17 January – Thursday, 18 January 2024, 8:00 a.m.–5:00 p.m.

Maturing Sustainable Solutions to, Explore, Develop and Produce Oil and Gas Across the Guyana Suriname Basin

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

Added on 02 November, 2022

DL Abstract By Sherilyn Williams-Stroud

Atmospheric and Social Climate Change: Implications for the Future Geoscience Workforce

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.

Request a visit from Sherilyn Williams-Stroud!

Added on 14 September, 2023

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