Home

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 12 days

litutmMedium

04 Feb

4th Edition: Stratigraphic Traps of the Middle East Call for Posters Expires in 127 days

litutmMedium

29 Apr

2nd Edition: Geological Process-Based Forward Modeling AAPG Call For Abstracts Expires in 212 days

litutmMedium

View All Deadlines ...

Explorer President’s Column By Rick Fritz

Governing Governance

I was watching some old movies during a recent snowstorm in Tulsa. One of them was “Back to the Future.” In this case, “the future” was 2015. The movie “Rollerball” was set in 2018, and “Terminator” was supposed to be from 2020-30. Have you ever noticed that the future is not that far away? As you could see from my last column, I’ve had “the future” on my mind. So, in thinking again about the future, I want to discuss governance. This will not be my most exciting column, but it is important.

Added on 01 March, 2021

Explorer Historical Highlights By Jeff Aldrich,John Seidle

The Elusive and Elastic History of 'Sweet Spots'

People in the oil and gas industry often speak of, and always seek to find, the “sweet spot” of a given play, field or reservoir. Ask anyone in the oil patch, “What is a sweet spot?”, and you will often get an answer long on colorful recollections and short on hard details. Ask a follow-up question about the history of sweet spots and you will probably receive only a baffled look.

Added on 01 March, 2021

Explorer Article By Emily Llinás

Long-Term Strategies for Colombia’s Offshore

Last year started with promise for the Colombian offshore industry. Shell EP Offshore Ventures Limited and Ecopetrol, S.A. signed an agreement for Shell to acquire an interest in and operate the Fuerte Sur, Purple Angel and Col-5 blocks located in the southern Colombian Caribbean basin. Noble Energy opened an office in Barranquilla and announced plans to drill a prospect at 8,500 feet on the Col-3 block in the Guajira Basin in northern Colombia. Ecopetrol and Petrobras prepared to mature the 2014 Orca discovery on the Tayrona block, also in Guajira. Then COVID-19 came to the Americas in March 2020, and everything changed.

Added on 01 March, 2021

Explorer Article By David Brown

'The Longest Year We've Ever Had'

University geoscience programs face a challenging future as the world emerges from the coronavirus pandemic – one that could have significant and even dire implications for oil and gas. Educators, mostly outside the United States, are already sounding an alarm.

Added on 01 March, 2021

Explorer Director’s Corner By David Curtiss

An Opportunity in Disguise?

First there was Peak Oil, the Malthusian fear that the world was running out of oil. This idea has been around for a long time but had its most recent renaissance in the mid- 2000s with a host of books warning that global demand was going to overwhelm the industry’s ability to supply. The expansion of unconventional oil and natural gas production quieted concerns about supply constraints. The world is not running out of hydrocarbons.

Added on 01 February, 2021

Explorer Historical Highlights By Gustavo Coronel

Chevron in Ecuador

In February 2011, the court in the small Ecuadorian town of Lago Agrio sentenced Chevron Corporation to pay $9.3 billion to a group of about 30,000 Ecuadorian residents of the Amazonian region where Texaco, later acquired by Chevron, had been producing oil for 26 years. The trial was the stuff of which Hollywood movies are made. This legal saga combined fundamental environmental issues, political intrigue, judicial corruption, corporate greed and cliff-hanging courtroom drama. Above all it unveiled the tragedy of a young and brilliant U.S. lawyer who felt he could obtain big money from a giant oil corporation while becoming a hero for the underdogs of this world.

Added on 01 February, 2021

Explorer Article By Emily Llinás

Beyond Exploration

AAPG members throughout the world are proving that geologists can be highly beneficial to the oil and gas companies that employ them in areas beyond just exploration alone. Two of them are Karyna Rodriguez, vice president of global new ventures at Searcher in London, and Eduardo Vallejo, program lead of technologies and subsurface knowledge at YPF Tecnología in Buenos Aires. In interviews with the EXPLORER, both shared stories about their careers and provided advice to the next generation of professionals.

Added on 01 February, 2021

Explorer President’s Column By Rick Fritz

Predicting the Future and How It Impacts AAPG

I went to a talk years ago by a speaker who was introduced as a “futurist” for his ability to predict. I’ve always wanted the title of “futurist,” but I’ve not earned it. I’ve been reading a lot of predictions for 2021 from various magazines, papers and blogs. Now I’m as close to a futurist as I will ever get, so here are a few predictions from the experts (I agree with) and how they may impact AAPG.

Added on 01 February, 2021

Explorer Article By Dave Larue

The One Where Gilligan and Frankenstein Chase Goldilocks

Not surprisingly, that idea met with an abundance of caution, and even skepticism, from an industry that experienced the severe downturn of 2014-16 followed by the worldwide COVID pandemic of 2020. Still, “I think there’s plenty to be excited about, especially given the recent upsurge in oil prices,” says one analyst.

Added on 01 February, 2021

Explorer Article By David Brown

Can Oil Explorers Dare to Hope in 2021?

As oil prices continued to rise in early 2021, explorers had to grapple with an unfamiliar and even somewhat bizarre possibility. Is the business outlook for the oil and gas industry going to be better than almost anyone expected?

Added on 01 February, 2021

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

Business and Economics

Related Interests

See Also ...

STAY CONNECTED: