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Business and Economics

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)
Explorer Article

Nestled in the southernmost Caribbean lies Trinidad and Tobago, a 5,130-square-kilometer twin-island republic, famous for its colorful Carnival celebrations, melodious steelpan drums, picturesque beaches and savory street foods. Trinidad and Tobago is known also for its longstanding presence in the energy sector, which is the primary economic driver for the country’s population of 1.4 million. T and T’s latest Deep Water Competitive Bidding Round launched in December and closed in June. The Ministry will announce bidding round results in September.

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

During the height of the pandemic, Society of Exploration Geophysicists Executive Director Jim White and I discussed how we could work better together – delivering an innovative conference for petroleum and energy geoscientists that also involved other geoscience disciplines focused on solving real world challenges. Our elected leaders at the time supported the vision for AAPG and SEG to create a new, joint annual meeting: the International Meeting for Applied Geoscience and Energy, or “IMAGE,” conducted in cooperation with SEPM. We’re eager and ready for IMAGE ’22 in Houston at the end of this month, and hope that you are, too.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Peter Odell was a pioneer figure in petroleum economics. His ideas and analyses were highly influential in his own time and are still worth studying today. Many people came to know of Odell through his best-selling “Oil and World Power: A Geographical Interpretation.” What strikes the reader of this and other works by Odell is the author’s cross-disciplinary approach to the oil and gas industry, integrating economic analyses with geopolitics, history, maps and geography. His publications were relatable to geologists as well. The issues he addressed, in different forms, are still with us.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

People familiar with the energy business know that most existing vertical wells produce little oil or gas. They might be surprised how many horizontal wells fall into the same category. Under the right circumstances, this growing number of wells in decline could represent an investment opportunity. Or, it might become a giant abandonment headache for the oil industry.

American Association of Petroleum Geologists (AAPG)
Explorer Article

India plans to reopen more than 100 coal mines and restart some idled coal-fired power plants. India is the world’s third-largest greenhouse gas emitter, but the recent power crunch caused so much disruption to the country’s industries that the government was pressured to ramp up the coal industry in an effort to help meet demand.

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

Hello Division of Professional Affairs and AAPG members, I’d like to welcome you to the first DPA column in my term as DPA president 2022-23. As I begin this appointment, I’ve been reflecting on the events of recent years and considering the challenges and changes we’ve faced through the pandemic – personally and professionally, as an industry and as members of a global community.

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

It’s summertime here in the Northern Hemisphere, and with the sun and warm weather, thoughts are shifting to vacation. Packing the kids in the car for a week at the beach or a trip to grandma’s house is a time-honored tradition. But this year, moms and dads are doing so with an eye on surging gas prices – this road trip isn’t going to be cheap. Parents aren’t alone in casting a nervous eye on prices at the pump. The White House is, too.

American Association of Petroleum Geologists (AAPG)
Explorer Article

The AAPG Women’s Network is excited to provide attendees at next month’s International Meeting for Applied Geoscience and Energy with a variety of events throughout the conference. There is something for everyone!

American Association of Petroleum Geologists (AAPG)
Field Seminar
Muscat, Oman
Sunday, 5 April 2026, 8:00 a.m.–4:30 p.m.

This one-day advanced course delivers a focused and highly practical framework for interpreting structural styles in the Middle East, combined with the unique advantage of applying Generative AI (GenAI) to elevate geological understanding and decision-making. Built for geoscientists working in exploration, development, or basin modeling, the course emphasizes practical techniques, hands-on interpretation, and modern tools that increase accuracy, speed, and confidence in structural workflows. We begin with a foundational module designed to unify all participants, regardless of background, around the principles of fault mechanics and structural style recognition. Participants will revisit faulting fundamentals, mechanical stratigraphy, and structural style classification. The goal is to align interpretation techniques with geological processes, and to establish a shared vocabulary for the day. An introduction to GenAI highlights its role in managing structural ambiguity and enhancing workflows, helping geoscientists clarify options when data is incomplete or conflicting. Normal Faulting Through a sequence of focused exercises, participants explore fault segmentation, growth history, and interpretation in extensional domains. This segment reinforces practical skills in identifying and validating fault geometries in map and section views. GenAI is introduced as a scenario-building tool: participants will use it to explore structural uncertainty, generate alternative models, and compare extensional interpretations, all using fragmented or incomplete datasets, not as a seismic interpreter but as a powerful thought partner. Strike-Slip and Transtension This module targets the complexity of strike-slip and transtensional systems. Participants learn to distinguish pure strike-slip geometries from transtensional overprints, assess compartmentalization, and model realistic deformation patterns. Interpretation exercises develop structural reasoning in map and cross-sectional views. GenAI is applied here to integrate multi-source inputs, such as field data, analogs, and internal reports, to support rapid synthesis and generate testable structural concepts. Salt Tectonics The final segment introduces key diagnostic features of salt-related deformation: welds, reactive and passive diapirs, and halokinetic sequences. Exercises train participants to recognize salt-influenced geometries and link them to broader structural evolution. GenAI then supports pattern recognition and memory mining, leveraging archived knowledge from prior studies, case histories, and analog reports to help geoscientists build and validate interpretations faster and with more confidence. What makes this course different? This is not a theoretical seminar. It’s a learning accelerator, where foundational concepts are applied in realistic interpretation settings, then extended with state-of-the-art GenAI capabilities. You’ll not only sharpen your structural reasoning, but learn how to delegate time-consuming tasks, like synthesizing legacy reports, generating alternative scenarios, or exploring interpretation options, to an intelligent AI partner. By the end of the day, participants will: Recognize and differentiate key fault styles with confidence Improve fault interpretation quality and geological risk assessment Use GenAI to test structural scenarios and extract insight from fragmented or incomplete datasets Accelerate their ability to interpret, communicate, and make decisions in structurally complex plays This course equips you with what matters most today: deep geological understanding, elevated by the best of modern AI. Who Should Attend and Why This course is ideal for both new hires and experienced geoscientists working across exploration, development, and reservoir modeling. Its exercise-driven format ensures that participants with diverse backgrounds, geologists, geophysicists, geomodelers, can engage, learn, and apply. While some familiarity with geosciences is beneficial, prior structural geology training is not required. What makes this course indispensable is its ability to bridge theory and practice: participants will gain a clear understanding of how rocks deform over time, how fault geometries evolve, and how these structures influence seismic interpretation, mapping, and static/dynamic modeling. By integrating real case studies and GenAI-enhanced workflows, the course delivers practical tools to improve subsurface outcomes and build models that match project maturity and business objectives. Main Objective This course delivers the structural geology foundations every geoscientist needs to confidently interpret faults and build or validate static models. Derived from decades of project reviews, interpretation support, and applied field experience, these “must-know” concepts include fault mechanics, growth, segmentation, and structural style recognition, relevant to both exploration and production settings. Participants will strengthen their ability to recognize deformation styles, interpret fault geometries in map and section view, assess mechanical stratigraphy and reactivation risk, and QC interpretations with confidence. Throughout the course, GenAI is introduced not as a software tool, but as a workflow enhancer, used to reduce ambiguity, test structural hypotheses, and extract insight from fragmented datasets or legacy documentation. This empowers geoscientists to think more clearly, work more efficiently, and improve the geological soundness of their models. Key Points Date: 5th April,2026 Venue: Crowne Plaza Hotel, OCEC Registration Fee: $590 Registration Deadline: 22nd February,2026 *Registration will be opening shortly Instructors Pascal Richard PRgeology Jan Witte Falcon-Geoconsulting

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American Association of Petroleum Geologists (AAPG)
Field Seminar
Muscat, Oman
Thursday, 9 April Friday, 10 April 2026, 7:30 a.m.–7:00 p.m.

The Jabal Akhdar in the Central Oman Mountains forms a ~90 km × 60 km dome. The core of this dome consists of Cryogenian to Ediacaran siliciclastics and carbonates, including source rocks. These rocks are separated from the overlying rocks by a spectacularly exposed angular unconformity. The rocks above this unconformity are Permo-Mesozoic shelf carbonates of the Arabian passive margin. The rocks below the unconformity are folded twice, while those above show no such folding. During the Late Cretaceous, Arabia was overthrust by the Samail Ophiolite and Hawasina deep-sea sedimentary rocks. Final doming occurred during the late Eocene to early Miocene. The Jabal Akhdar Dome is a textbook example of stratigraphy and structural geology development from the Cryogenian to the present. Furthermore, findings from the dome can be used as a natural laboratory and serve as an analogue for the hydrocarbon-bearing sequences in interior Oman. The two-day field trip will start at the Saiq Plateau where we will examine Cryogenian Snowball-Earth diamictites with cap carbonates, blended within the scenic landscape of Jabal Akhdar. The second day will start at a breath-taking vista point at Wadi Bani Awf. From there we will descend into the core of the Jabal Akhdar and explore the structural style of the Cryogenian and younger succession. Field Trip Information: Date: 9th – 10th April 2026 Time: 7:30am – 7pm Field Trip fee: $550 Registration Deadline: 5th March 2026 (*registration will be opening shortly) Fees Include: 1 night accommodation in a hotel Guided hiking tour through rose farms and ancient villages in Jebel Akhdar (2–3 hours) Traditional Omani lunch hosted at a local home BBQ dinner in a scenic open area at Jebel Akhdar All transportation (4x4s) Field Trip Leaders Andreas Scharf GUtech Oman Ivan Callegari GUtech Oman Wilfried Bauer GUtech Oman

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American Association of Petroleum Geologists (AAPG)
Workshop
Muscat, Oman
Monday, 6 April Wednesday, 8 April 2026, 8:00 a.m.–5:00 p.m.

The AAPG Structural Styles of the Middle East is back! This exciting and highly anticipated Geoscience Technology Workshop will take place from 6 – 8 April 2026, in Muscat, Oman. This workshop aims to explore the diverse structural styles resulting from the different deformation phases on the tectonostratigraphic framework of the Arabian Plate and adjacent regions.  

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 16 February 2012, 12:00 a.m.–12:00 a.m.

This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.

American Association of Petroleum Geologists (AAPG)
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 20 May 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Matching Capabilities and Capacity With Current and Emerging Demand Areas; Building a Business Plan That Reflects the Realities of Opportunities'. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 20 May 2020. During this webinar we will discuss: Matching technologies and companies Keys to Building a Resilient Early-Stage Business Multi-Industry Technology: Robotics as a Service

American Association of Petroleum Geologists (AAPG)
DL Abstract

The Energy sector is a changing business environment. Throughout the 20th century fluctuations of oil supply and demand produced changes in the barrel price that pushed the growth or shrinkage of the industry. In this 21st century, new challenges such as diversification of the energy mix, boosting gas demand, require the exploration of critical minerals and development of new technologies as well.

Request a visit from Fernanda Raggio!

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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