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Business and Economics

Explorer Article

A ransomware cyberattack on the Colonial Pipeline in May brought a short-term disruption of gasoline supplies to the East Coast of the United States. Experts warned the assault has longer-term implications for the oil and gas industry, and for the nation’s critical infrastructure. Following the attack, government agencies quickly vowed to strengthen the nation’s cybersecurity efforts. But the great majority of U.S. energy supply – more than three-quarters, by many estimates – is in the hands of private industry. The Colonial incident “reflects a historically lax cybersecurity culture in the oil and gas industry.”

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Throughout the past decade, Brazil’s pre-salt basins and giant deepwater oil discoveries have brought significant attention to the country and to the offshore South Atlantic. Though operating in the Brazilian pre-salt play promises billions of barrels of oil, it also requires billions of dollars in investment and technology, something just a handful of companies can bring to the table. While Petrobras and international companies focus their attention on the Brazilian offshore, a handful of Brazilian companies and foreign investors have focused inland, where they are quietly starting Brazil’s onshore revolution.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

In North America’s history of building pipelines to transport oil, natural gas and petroleum products, somewhere along the way, the process became political. By pulling the presidential permit on the Keystone XL pipeline, President Joe Biden sent a powerful message: Even if a pipeline benefits citizens and trade relations with important allies, and even if it has met or exceeded design and regulatory requirements and secured community support, its fate can ultimately be determined by a whim.

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American Association of Petroleum Geologists (AAPG)
Delegates Voice Article

Steve Brachman, HoD chair, examines the House of Delegates with regard to its expenditures, revenue generated, as well as its functions and benefits to AAPG.     

American Association of Petroleum Geologists (AAPG)
Explorer ProTracks

Like many of my age cohort, I often listen to podcasts on my daily commute to work. One of my favorites is Motley Fool’s “Rule Breakers,” a stock market-oriented podcast by David Gardner. One of the common refrains he uses to describe his stock-selecting philosophy is that he looks for “dark clouds I can see through.” The premise is simple: if a company has been beaten down for a good reason, but you have line of sight on that issue being resolved, there exists an opportunity to acquire at a good value and profit from the recovery. Can we see through the dark clouds that hang over the industry today, to a brighter future?

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

How are you doing? I was telling a friend recently that I feel like Sylvester Stallone’s Rocky Balboa in the boxing ring. We’ve reached the final round, and I’m battered and bruised, my sharp jabs and uppercuts replaced by exhausted flailing. The big question – the only question – is whether this is the first fight of the film where I end up face down on the canvas, or whether it’s the second with the referee lifting my gloved hand into the air as Bill Conti’s film score soars. How about you? As the months of this pandemic drag on, how are you doing? It turns out there’s a name for what many of us are feeling these days.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The best-case outlook for the future of world energy looks highly positive for the oil and gas industry. In that outlook, energy demand returns to pre-pandemic levels and production increases as the world’s economies recover, giving the industry an opportunity for a strong rebound and years of attractive growth. But other scenarios could put roadblocks in the way of exploration and production, some of them potentially coming from the energy industry itself. OPEC+ definitely holds one key to the future, and the global energy transition appears to have picked up a considerable amount of momentum over the past year and a half.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

“If you care about the climate, elimination is not the way to go. Innovation is,” said Sen. Joe Manchin, D-W. Va., chairman of the Senate Energy and Natural Resource Committee, at a forum sponsored by General Electric and hosted by the news website Axios on the eve of President Joe Biden’s global climate summit last month. That the summit was held during Earth Day was not a coincidence. The forum, which also included as guests, Southern Company Chairman, President and CEO Thomas Fanning, and GE Chairman and CEO Larry Culp, was part of the media company’s “Energy Forward” series, which focuses on politics and policies surrounding sustainability, energy efficiency and new technologies in the coming decades.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In the quest to reach net-zero emissions of energy-related carbon dioxide by 2050, a longtime goal of the United States, other world governments and energy agencies, no one is even close to achieving it. Despite 2020’s largest decline in emissions as a result of less energy usage during the COVID-19 pandemic, the EIA anticipates “a rapid rebound in energy demand and emissions” this year. Furthermore, they project that by 2050, U.S. energy-related emissions will be 5-percent higher than 2020 levels. Although it looks unlikely, net-zero carbon emissions by 2050 is possible, according to at least one notable expert within AAPG, but not without a strong reliance on nuclear energy.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

When the Biden administration effectively canceled the Keystone XL Pipeline as a first order of business in January, environmentalists all over North America celebrated a major victory. “There was no magic to how we beat the Keystone XL Pipeline – it was grit, shared leadership and never forgetting who and what we were fighting for,” said the chair of the Nebraska Democratic Party. But did they really know what they were fighting for?

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 21 January 2016, 2:00 p.m.–3:00 p.m.

An overview of a new ambient seismic imaging method and applications of the method throughout the lifecycles (exploration through refracing) of unconventional oil and/or gas fields.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Wednesday, 5 March 2014, 12:00 a.m.–12:00 a.m.

Explore three of the great wonders of the geological world. Take a guided tour of classic geological sites on the Colorado Plateau.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 21 February 2013, 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)
Webinar
Virtual Webinar
Thursday, 21 May 2020, 9:00 p.m.–10:00 p.m.

Henry W. Posamentier discusses the application of 3-D seismic stratigraphic analyses to the mitigation of risk associated with lithology prediction prior to drilling – workflows and techniques. Principles and workflows of seismic stratigraphy and seismic geomorphology will be discussed and numerous examples will be shown from a variety of different depositional settings.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 16 April 2013, 12:00 a.m.–12:00 a.m.

The goal of this e-symposium is to provide an overview of the latest trends and technologies for water management for oil and gas drilling, completions, and production.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 18 August 2020, 8:00 a.m.–9:00 a.m.

Fossil fuels have led to a profound increase in world living standards but resulting emissions of CO2 and methane into the atmosphere are a primary factor in climate change. Atmospheric content of CO2 and methane have risen 146% and 257% respectively since pre-industrial time and the rate of increase through 2019 has accelerated. If significant steps are not taken in the coming decade to halt the increase in greenhouse gas emissions (GHG), a phase may be reached in the 2030-2050-time frame described as a “tipping point”, in which steady changes may be replaced by a large-scale change in the climate system. The Middle East is an area of high climate change vulnerability in the coming decades due to extreme temperatures, sea level rise and changing weather patterns.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 5 May 2020, 12:00 p.m.–1:00 p.m.

Sequence stratigraphy is a method for stratigraphic interpretation, pioneered by Vail and colleagues in the mid 70’s, which explains the complex geometries that sediments create as they fill accommodation in response to changes in rates of sedimentation, subsidence, uplift and eustasy. This method was developed based on observations and concepts developed as early as in the 1800’s. Based on this strong scientific foundation, pioneer work from Caster, Sloss, Wheeler, Campbell, and Asquith established the basis for the methodology. These researchers established a new way to correlate stratigraphic units, demonstrating the time-transgressive nature of lithostratigraphic formations.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 1 September 2020, 8:00 a.m.–9:00 a.m.

The “Great Crew Change” has become the “Competence Train Wreck” due to the repeated personal mis-management practices of our industry and again not anticipating the known volatility of commodity prices. Despite this, hydrocarbon based energy will continue to comprise over 60% of the world’s energy mix for at least the next half century and of that energy need over half of it has yet to be found! Personal experience in working for National Oil Companies, Parastatals, large independent oil companies, small independents, as an independent and as a consultant have given me the perspective of some of the best and some of the worst of the exploration practices the industry has to offer.

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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)
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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