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Business and Economics

Explorer Emphasis Article

A strategy gaining force to reduce risk and improve decision-making in recent years is “integration,” the practice of combining disparate teams to complete single projects. Integrated teams are increasingly common in the energy sector, where single business units include geologists, geophysicists, petrophysicists, engineers and other professionals who work on a common project.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The world is awash in oil at the moment, but with chronic underinvestment in exploration coupled with global energy demand steadily rising, the stage may be set for an oil price spike in the years to come, according to some analysts. Others, on the other hand, predict that improved production methods and project efficiency will go a long way toward meeting supply demands with existing reserves.

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

In early August, we learned that a Texas Sunset Review Board had recommended the elimination of the Texas Board of Professional Geoscientists. Our local AAPG-affiliated societies quickly organized an information campaign and defense for the TBPG. This shows the importance of strong, well organized local affiliates. This situation also raises several questions about the professional status of geologists in our society and how we view ourselves.

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

The continent of Africa has beguiled geologists for centuries. Its varied and beautiful landforms and geological features, its mineral and energy resources, its cultural heritage – it’s the birthplace of our species – all combine to form a rich experience of sights and sounds, aromas and flavors. Once you’ve been to Africa, you want to go back. And that’s why, after 10 years, we’re heading back to Africa next month – back to Cape Town, for the 2018 AAPG International Conference and Exhibition.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Bolivia’s role as a South American gas market supplier was a key theme at the Geosciences Technology Workshop Bolivia 2018, AAPG’s first technical workshop in the country. High-profile guests drew national attention, and local media outlets covering the GTW described Bolivia as “playing in the big leagues.”

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The date is important – Aug. 11, 2014. That was the day Mexican President Peña Nieto signed a package of laws designed to attract and encourage foreign investment into the country’s oil, gas and electrical grids. With the reform codified, the country was open for business and companies like Shell, Total, BP, Petronas Repsol and BHP rushed in.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Oil companies made huge cuts in their exploration budgets during the 2015-17 industry downturn, canceling or postponing up to $1 trillion overall in scheduled and planned projects. At the same time, success rates for international exploration dropped to 50-year lows. The outlook for future reserves has stumbled, if not tumbled.

American Association of Petroleum Geologists (AAPG)
Middle East Blog

AAPG, EAGE and the Technical Program Committee for the Shale Gas Evolution Symposium are pleased to invite you to submit a poster abstract for the upcoming event which is being held Under the Patronage of His Excellency Shaikh Mohammed Bin Khalifa Al-Khalifa, Minister of Oil, Kingdom of Bahrain, AAPG.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

Deep learning for predicting behaviors is becoming indispensable in the oil industry. Understanding the fundamentals and having a hands-on experience with hacking Python code in order to predict reservoir flow was the experience provided by the first AAPG-Halliburton Hackathon, which took place July 19 in Houston. Led by the AAPG’s Deep Learning Technical Interest Group (TIG) and Halliburton, the event attracted more than 120 registrants who were primarily geoscientists, engineers, and data scientists who worked together in teams that competed against each other and were judged by a panel of experts. The hackathon was powered by the OpenEarth® Community and supported by a team of Halliburton experts in Python software, code, ideation, and strategy – as well as by domain experts and judges from the Deep Learning TIG.

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

While some of you know my past as a sedimentary geologist interested in reservoir dynamics and improved recovery, both in industry and later as a college professor, about 23 years ago I became hooked on the history of oilfield waste and its impact in the United States. I have dedicated myself to finding and saving as much publicly available documentation as possible on the history.

American Association of Petroleum Geologists (AAPG)
Workshop
Muscat, Oman
Monday, 30 May – Wednesday, 1 June 2022, 8:00 a.m.–5:00 p.m.

Save the date! Join us for the upcoming AAPG Exploration in Mature Basins GTW to be held from 30 May – 1 June 2022 in Muscat, Oman. More information to follow soon.

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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