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Business and Economics

Explorer Emphasis Article

Consider the geophysics sector of the industry a shrink-to-fit enterprise where misery might be starting to bring its own relief, and business is improving after recent years of financial ups and downs. With, admittedly, more downs than ups. Higher oil and gas prices this year have brought either a spark of enthusiasm or a glimmer of hope to many geophysical companies. And the technical side of geophysics has continued to advance strongly despite the business challenges.

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American Association of Petroleum Geologists (AAPG)
Explorer Division Column DEG

The goal of the DEG this year is to increase the visibility of the Division in the areas of not only CCUS but also natural gas storage, hydrogen storage, compressed air energy storage and geothermal storage. Petroleum professionals are uniquely qualified to evaluate the risk and uncertainty of subsurface storage methods. We evaluate both containment risk, such as seal integrity and presence of faults, but also the impact of reservoir heterogeneities and reservoir properties on storage capacity.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

In 1949 an historic oil field was discovered under the Caspian Sea. The field was named “Neft Dashlari, which in Azerbaijani means “Oil Rocks,” and it was a milestone in the development of the global oil industry. Oil Rocks, an iconic “city in the sea,” pointed the way to modern offshore drilling as we know it today.

American Association of Petroleum Geologists (AAPG)
Explorer Readers Forum

We often see calls for the elimination of all petroleum products, including natural gas. As long as coal and biomass – which emit two-to-four-times more carbon than natural gas – are major components of electricity generation, it makes no sense to eliminate natural gas. Why would we blow up one of our cheapest, cleanest bridges toward the energy evolution when we are just starting to set foot on that bridge?

American Association of Petroleum Geologists (AAPG)
Explorer Article

Depleted horizontal oil and gas wells could have a second life storing renewable energy, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory. Because renewable forms of electricity generation like solar and wind require low-cost energy storage, the NREL researchers propose using depleted hydraulically fractured oil and gas wells to store electrical energy in the form of compressed natural gas to be released to spin an expander/generator when electrical demand is high.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Are years of upstream oil and gas underinvestment and under-exploration finally catching up with the world? Is the hope of avoiding a climate catastrophe now a lost cause? Can the global energy industry deliver adequate, affordable energy to meet the world’s future needs? Is the word in an energy crisis? Annually at midyear, a number of organizations publish overviews of the global energy picture. Based on those reports, there is good news. And bad news.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Mention energy from the Middle East and most people automatically think of crude oil production. But today, geopolitics and supply challenges have put an increased focus on global natural gas resources. Consequently, energy developments in the Middle East are shifting toward natural gas production and export, driven by an increasing international appetite for gas supply and questions about longer-term oil demand. Right now, the bottom line is that natural gas looks like a long-term growth industry and crude oil doesn’t.

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American Association of Petroleum Geologists (AAPG)
Learn! Blog

Technology moves quickly, and so accelerators have to be nimble, quick and agile to provide services, space, and guidance for startups and innovation to prosper. Welcome to an interview with Angel Garcia, B²Hub Accelerator (BAM BizHUB), who is a participant and moderator for AAPG’s U-Pitch New Technology Showcase.

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

I sometimes find it amusing that several people can look at the same data and come to diametrically opposed opinions as to what that information represents. I think we can all chuckle when three geologists view an outcrop and come up with five conflicting interpretations of what depositional environment is represented in the exposure, for example. Diametrically opposed opinions related to the health and financial condition of AAPG are more concerning than amusing to me, however.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Approximately 80 percent of today’s global energy supply comes from fossils fuels, 54 percent of which is supplied by oil and gas. Global society’s goal for the near future is to enjoy the same or better quality of life, but with zero carbon emitted. This presents a set of challenging questions of particular relevance to AAPG members. How will energy demand evolve? How difficult is it to remove oil and gas from the global energy mix? And if they remain part of the mix, what kind of hydrocarbons are we looking for? How important will geological carbon storage be in assisting efforts to reach net zero? These questions were investigated in a recent paper by the authors entitled, “Demand for ‘advantaged’ hydrocarbons during the 21st century energy transition,” and published in the journal Energy Reports. The results are summarized here.

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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)
Webinar
Virtual Webinar
Friday, 11 December 2020, 11:30 a.m.–12:30 p.m.

In a world moving to net-zero emissions during the COVID-driven oil price collapse, there remain important scientific and business opportunities for geoscientists, particularly those with expertise in stratigraphy, sedimentology, reservoir geology and hydrocarbon production. In this webinar, Dr. Julio Friedmann, senior research scholar, Center on Global Energy Policy, Columbia University discusses the challenges this community faces which are not scientific or technical, but rather involve shifts in business model, policy and global market trends. Webinar presented via Zoom on 11 December 2020 at 11:30 am CST (UTC-6).

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 17 June 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Sustainability-Focused Opportunities'. A webinar to explore investment trends, new opportunities, and strategies for pivoting for new revenue and diversification in today's times. Webinar will be presented via Zoom 7:00pm - 8:30pm CDT 17 June 2020.

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)
Webinar
London, England
Wednesday, 24 February 2021, 2:30 p.m.–3:30 p.m.

Since the first explorationists discovered the subsurface potential in Tunisia, the country’s institutions took the role of a partner rather than only a regulator. Today, one of ETAP missions is promoting exploration opportunities in Tunisia through both regional and targeted approaches, including sharing knowledge, high-quality data and best practices. ETAP commits to supporting continued drilling activity in mature areas and encouraging/incentivizing exploitation of new and emerging plays.

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American Association of Petroleum Geologists (AAPG)
Online Traditional Course
Wednesday, 1 January 2014, 12:00 a.m.–1:00 a.m.

Learn to critically evaluate current issues that can impact growth and sustainability of oil and gas ventures.

American Association of Petroleum Geologists (AAPG)
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
Thursday, 21 August 2014, 2:00 p.m.–3:00 p.m.

The goal of this e-symposium is to review the status of the Mexican upstream sector, and to provide a review of the most prolific and prospective areas in Mexico, with a focus on opportunities for international participation, given the upcoming energy reform in Mexico.

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

The presenters will discuss effective management of wind farm operations and the challenges often encountered. 

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Monday, 8 June 2020, 12:00 p.m.–1:00 p.m.

A geophysicist with extensive worldwide experience in exploration, appraisal and development settings gained at BG group, Alan Foum will talk about future energy demand modelling in terms of oil, gas and electricity including renewables with his presentation 'Petroleum Perspectives, Past Present and Future'

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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