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Business and Economics

Explorer Emphasis Article

As basins such as the Permian have crushed the concept of “peak oil” by doubling past production rates using new ideas and technology, their newly dubbed “super basin” status is inspiring operators on practically every continent to do the same.

American Association of Petroleum Geologists (AAPG)
Explorer Article

The oil and gas industry began 2019 hoping to thrive and ended the year mostly happy to survive. Offshore drilling dominated exploration but, despite several significant discoveries, reserve replacement rates remained low. Global geopolitical tensions simmered and sometimes boiled over throughout last year. In oil and gas prices, “Lower-for-Longer” came back to linger. The world saw abundant crude oil production and a surfeit of natural gas.

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

In order to support our modern society in an ever- growing global population, energy supplies must converge to meet that growing demand.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

When new technology enters the oil and gas scene, talk of layoffs can creep into water-cooler conversations. Will better software and computers replace people, or will they push the industry forward, creating the need for additional staff? These questions are especially pertinent for geophysicists today, as artificial intelligence and machine learning technologies are processing and interpreting seismic data at record speeds, often delivering results that rival, if not surpass, that of humans. With some software companies calling their platforms a “seismic revolution” by offering real-time data interpretation, geophysicists might question how they will fit into this new, seemingly supersonic world.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Pity the Permian Basin. Investors complain about disappointing returns from Permian production. Stockholders worry about the financial outlook for operators in the play. Lenders have started to cast a skeptical eye at the basin’s profit potential. So it’s surprising to find that a data-derived solution for addressing the Permian Basin’s current challenges might be readily available. And it’s somewhat startling to hear that, someday, unconventional resource plays in the United States could fly higher than ever.

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American Association of Petroleum Geologists (AAPG)
Middle East Blog

For the first time in the Middle East region, AAPG is hosting a Geosciences Technology Workshop (GTW) dedicated to the Shuaiba Formation. This exciting and innovative event will take place at the Westin Abu Dhabi Golf Resort & Spa on 6–7 April 2020 and will feature a compelling lineup of technical speakers and poster presenters.

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

Producers are feeling the pinch: they’ve got to drill ever more wells to stay ahead of their production declines. Increased production is weighing on crude oil prices – you get the benefit of this supply in resilient markets, but it is shrinking margins and available cashflow to fund this drilling. And at the same time, the financial community is pulling back, restricting access to capital. The industry is reshaping itself yet again in response to new market realities, looking for new ideas and better approaches and operating models.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Most contributions to the exploration community that get attention in articles and conventions concern the essential technical issues: petroleum geology, prospect/play risk analysis and volume expectation, economics, etc. However, once the prospect has been evaluated and the project is validated

American Association of Petroleum Geologists (AAPG)
Explorer Article

As the global energy sector gains momentum and companies enter licensing rounds, the need for quick access to data holds fundamental importance. Increasingly, operators large and small are turning to multiclient companies who have the information and images that help them make decisions about entering a new area.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

“Undoubtedly, yes, the world must accelerate its transition to renewable energy. Cost is no longer a major barrier for renewables.” That’s Sir Mark Moody-Stuart, chairman of the United Nations Global Compact Foundation, an organization dedicated to finding what it calls “lasting solutions” to the world’s pressing global needs, including, for our purposes here, energy.

American Association of Petroleum Geologists (AAPG)
Workshop
Muscat, Oman
Monday, 16 January Wednesday, 18 January 2023, 8:00 a.m.–5:00 p.m.

By investigating petroleum systems, we can potentially reduce the risk of hydrocarbon charge and help define the commerciality of potential prospect and leads. Predicting oil versus gas, making predictions on oil quality or condensate-gas ratio can allow informed decisions to be made pre-drill. Advances have been made in the recent past to address subjects as diverse as, non-hydrocarbon gases, the potential for unconventional hydrocarbons, the role of hydrodynamics, the presence of tilted fluid contacts, the formation of microbial gases, phase prediction and in-reservoir fluid alteration processes. The purpose of this workshop is to address these and other subjects and to discuss the main challenges present in our current understanding of petroleum systems in the Middle East. Mark your calendar to attend this pertinant and revealing workshop.

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American Association of Petroleum Geologists (AAPG)
Workshop
Trabzon, Turkey
Tuesday, 6 September Wednesday, 7 September 2022, 8:00 a.m.–5:00 p.m.

Join us in Trabzon, Turkey, for "Exploration and Production in the Black Sea Region and Super-Basin Thinking" a AAPG Europe Geoscience Workshop to be held on September 6-7, 2022.

American Association of Petroleum Geologists (AAPG)
Short Course
Tunis, Tunisia
Monday, 12 September 2022, 8:00 a.m.–4:30 p.m.

This short course will comprise lectures, short exercises and discussion sessions. The course will focus on a number of case studies that link outcrop and subsurface geology and have relevance to petroleum exploration and production. Case studies range from Silurian to Miocene in age and come from North African and Mediterranean Basins. The course builds on basic knowledge of sedimentary geology but does not require specialist skills from participants.

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American Association of Petroleum Geologists (AAPG)
Field Seminar
Tunis, Tunisia
Thursday, 15 September Saturday, 17 September 2022, 8:00 a.m.–5:00 p.m.

The structurally complex area of Northern Tunisia (onshore and offshore) corresponds to a fold and thrust belt (FTB) zone, a result of the tertiary compressional/trans-pressional tectonics (Pyrenean and Alpine). This field trip will focus on the different structural styles in the different segments of the area using a rich amount of outcropping and subsurface data and their relationships within the petroleum systems components (source rock and reservoir Rock).

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American Association of Petroleum Geologists (AAPG)
Workshop
Lviv, Ukraine
Thursday, 21 September Friday, 22 September 2023, 8:00 a.m.–5:00 p.m.

Join us for a workshop where experts will  explore the Carpathian foreland and the Dnieper-Donetsk rift basins with a focus not only on hydrocarbons, but the utilization of geothermal resources, hydrogen exploration and CCUS.

American Association of Petroleum Geologists (AAPG)
Short Course
Sunday, 25 September 2022, 8:30 a.m.–9:30 a.m.

Date: 25 September 2022 Time: 8:30am - 4:30pm Course Instructor: Alberto Ortiz, Net Zero Carbon Solutions Registration Fee: $530 Registration Deadline: 25 August 2022 Short Course registration is included as part of the GTW registration process. The petrophysical characterization of unconventional shale-type reservoirs has been one of the most approached and relevant issues in the oil and gas industry in the last 8 years. This is because after several years, the operating companies comprehended the impact that an appropriate characterization of the reservoir has on their project economics. Another reason for this were the technical obstacles encountered in the measurement of petrophysical properties such as porosity, saturation and permeability due to the complexity of this type of reservoir. Obstacles and limitations not only relate to laboratory measurements but also to electrical logging tools. As a consequence of this, nowadays, petrophysical evaluations in this type of reservoir do not have standardized workflows established and accepted worldwide as is the case for conventional reservoirs. This motivates the professionals involved in the study of this type of rocks to dedicate a lot of effort in the validation of the technologies used, and sometimes it is difficult for them to understand the results, the evaluation of uncertainties and the construction of petrophysical models with results and representative parameters of the subsurface conditions. This course will focus on providing key knowledge for a better characterization of the rock both in the aspects related to the matrix represented by mineralogy and kerogen as well as the fluids present. The approach will be based on the convergence of different technologies that support and give robustness to the results. The contents that will be provided will include laboratory testing techniques and petrophysical evaluation of electrical well logs for unconventional shale-type reservoirs. The contents provided will cover a variety of studies based on the most diverse physical principles that will include the latest advances and techniques used in the industry such as Nuclear Magnetic Resonance, Spectroscopy, Dielectric, Computed axial tomography and SEM images, among others. As a result of this, attendees will have tools that allow a more comprehensive understanding of this type of rocks, a better assessment of the uncertainty of the model used and the necessary steps to improve its precision, accelerating the learning curve. The contents provided will also allow knowing the critical parameters that must be taken into account for the definition of areas to be drilled. Course Topics Reservoir heterogeneity characterization from outcrops to lab data and electrical logging. Most relevant unconventional plays of the world. Main characteristics. The petrophysical model. Components and definitions, construction, uncertainties, strengths and weakness. Lab studies: porosity, saturation, mineralogy, organic geochemistry and permeability. Electrical logging response on unconventional shale plays: triple combo, NMR, NMR T1T2, nuclear spectroscopy, spectral GR, dielectric. The effect of maturity on kerogen. Challenges on water saturation calculation. Data integration. Interpretation workflows and core calibration.

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American Association of Petroleum Geologists (AAPG)
Workshop
Lisbon, Portugal
Thursday, 18 May Friday, 19 May 2023, 8:00 a.m.–5:00 p.m.

This 2-day conference brings together diverse experts working on modern and ancient turbidite, MTDs, contourite and hybrid/mixed systems in order to improve the present-day knowledge, models and predictive power.

American Association of Petroleum Geologists (AAPG)
Workshop
Manama, Bahrain
Monday, 26 September Wednesday, 28 September 2022, 8:00 a.m.–5:00 p.m.

The workshop aims to provide a comprehensive understanding of the source rocks in the Middle East. The technical program is developed in a way that coves the depositional environments and transport processes, basin modeling and detailed rock characterisation including geochemisty, geomechanics and petrophysics.

American Association of Petroleum Geologists (AAPG)
VG Abstract

This is a less-technical education topic. It can be condensed to an hour or given as 2 two-hour sessions. It stresses selected controversial aspects of fracking that touch some combination of environment and economics and includes a short video of how fracking is done.

Request a visit from David Weinberg!

American Association of Petroleum Geologists (AAPG)

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