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Business and Economics

Explorer Foundation Update

Despite the challenges to the industry and the profession, last year was an eventful one for the AAPG Foundation. Here are just a few of the highlights of Foundation programs in 2015.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

The idea of nationalizing Venezuela’s oil industry had been in the wind for a few years leading up to 1976, and conditions in the global oil market lent considerable momentum to the popularity of the proposal. Weighed in the balance of 40 years of hindsight, though, nationalization has proven to be nothing short of tragic for the nation’s oil and gas sector.

American Association of Petroleum Geologists (AAPG)
Explorer Policy Watch

The long-term projections have changed little in the year since this column last reported on the annual International Energy Agency (IEA) “World Energy Outlook,” but the tone is much different. Last year’s report was concerned about finding the investments to meet demand; now the world has surpluses of oil and gas and a booming renewables industry.  

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

The International Petroleum Technology Conference (IPTC) is one of AAPG’s premier events in the eastern hemisphere. Emulating the integrated multidisciplinary nature of today’s E&P workflows, IPTC is a partnership of four geoscience and engineering societies: AAPG, the European Association of Geoscientists and Engineers, the Society of Exploration Geophysicists and the Society of Petroleum Engineers.

American Association of Petroleum Geologists (AAPG)
Explorer President’s Column

In the fourth quarter, the Executive Committee requested the Executive Directors to review the structure of the AAPG with a specific focus on realignment of our staff on the business of AAPG.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Since shale plays began revolutionizing the oil and gas industry, North America has been the dominant continent in making them successful. But a strong contender some 5,000 miles south of the U.S. border is beginning to turn heads.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

While many are working to forecast when the price of oil might reach $80 a barrel again, renowned international strategist and geopolitical analyst Peter Zeihan, the author of “The Accidental Superpower,” predicts in stunning detail the rising and declining energy plays of 2025 and the countries that will ultimately triumph as the world’s leading producers.

American Association of Petroleum Geologists (AAPG)
Explorer Policy Watch

For over two years Congress has complained about delays in the government permitting process for liquefied natural gas (LNG) export terminals, and several bills were introduced to accelerate the processing of natural gas export applications.

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

Last year at about this time, I looked back and hoped we would be going through an oil price shock similar to 2008; instead it has become apparent that we are facing something different and much more akin to the 1980s.

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

For our business, 2015 will go into the history books as a challenging year. The challenges we’re facing are creating a lot of change.

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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