HomeScience Discipline Business and Economics

Business and Economics

Explorer Article

With the price of oil hovering well over $100 a barrel, some in the industry are exploring ways to revisit conventional oilfields using technology that emerged during the unconventional oil boom, with a goal of earning a rapid return on investment while prices remain favorable.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Global events of recent years have driven the oil and gas industry to make major changes to its workforce and operations, and the professional and scientific associations that serve the industry have had to evolve and adapt to accommodate those changes, particularly with regard to the programs they offer. The Imperial Barrel Award competition is no exception. An AAPG staple since 2007 and one of the Association’s most prestigious and visible programs, the IBA has undergone multiple changes during the past two years.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

We are proud of the accomplishments and science achieved with the exploration of the moon by Apollo crews culminating in 1972 with Apollo 17, 50 years ago. No time since has offered so much promise for crews to return to explore the moon and deep space. There are signs of hope that that’s about to change, though.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Scott Tinker holds numerous official titles. Unofficially, he’s a visionary-in-residence for the oil and gas industry and an expert frequently quoted in the media on energy topics. Since 2016, Tinker has served as chairman of the Switch Energy Alliance, a non-profit organization dedicated to energy education and collaborative work on energy challenges. Tinker shared his thoughts about the current state of the oil and gas industry and other issues in a recent interview with the EXPLORER.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Readers Forum

Civilization can only exist with energy. Petroleum provides most of the energy and products we need to live environmentally responsible, healthy, sustainable and comfortable lives. Recent events in Europe prove that petroleum continues to be critical. In the first three articles of this series, we discussed the petroleum base “wedge” to various energy sources, the skill sets needed to find petroleum (and the resources offered by AAPG to develop those skills) and the unintended consequences and limits to alternative low-density energy machines. We should also explore why petroleum matters.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Geophysical Corner

The September 2021 Geophysical Corner was an article entitled ‘3-D Visualization and Geobody Picking of Amplitude Anomalies in Deepwater Seismic Data,’ in which we reviewed the use of geobody tools to rapidly visualize the extent of geologic features that give rise to a strong seismic amplitude response. For seismically thin reservoirs, the response of a gas-saturated sandstone gives rise to a trough at the top and a peak at the base. In this case, we would need to select two separate geobodies to map the reservoir.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

The small town of Cunningham, Kansas lies about 65 miles straight west of Wichita on U.S. Highway 54. It was incorporated in 1887 as a commercial center for farmers and ranchers in that part of south-central Kansas. Hard winter wheat was the main cash crop, while herds of beef and dairy cattle were a close second source of income. This activity characterized the culture of Cunningham into the early years of the 20th century. That is, until a new industry was introduced to Kansas when, in 1915, oil was discovered in the El Dorado field northeast of Wichita.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

How the oil and gas business finds investors is changing. Again. But it may change back. Or not. “The private equity firms that have traditionally funded new hydrocarbon companies are facing new pressure from their investors to stop placing capital in oil and gas, and the desire for quick profit – or even profit at all – has become secondary to a perceived battle against carbon dioxide,” said Don Burdick, who understands how counterintuitive not making a profit sounds. On the surface, it’s a startling development.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Put pressure on the United States to increase oil and natural gas production and the burden mainly falls on unconventional resources. Will operators be up to the challenge? Near-term projections call for U.S. oil output to grow by 1 million barrels per day. A difficult operating environment will make that increase a struggle, but the very nature of unconventionals offers cause for optimism.

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

In February, TotalEnergies announced a significant light oil discovery in the Orange Basin, offshore Namibia. Reuters reported a source suggesting that the Venus-X1 well may have found more than 1 billion barrels of oil equivalent. This was the second significant discovery announced in the basin that month. The offshore continues to deliver new oil and natural gas discoveries worldwide. And as this issue hits your inbox, the offshore is the primary topic of discussion in Houston as the 2022 Offshore Technology Conference returns to NRG Park from May 2-5.

Show more
American Association of Petroleum Geologists (AAPG)
Workshop
Paramaribo, Suriname
Wednesday, 17 January Thursday, 18 January 2024, 8:00 a.m.–5:00 p.m.

Plan now to attend an interactive in-person workshop with industry leaders, government representatives and technical experts working in the Guyana-Suriname Basin.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 14 April 2020, 6:00 p.m.–8:00 p.m.

La Formación Smackover del Jurásico Superior (Oxfordiano) es una de las productoras de petróleo y gas más prolíficas de la llanura costera del noreste del Golfo de México, depositada en una rampa de carbonato proximal. Este estudio es una caracterización integral del ambiente de depositación de la Formación Smackover basada en datos sísmicos 3D y de pozos en los campos Vocation y Appleton situados en las subcuencas de Conecuh y Manila, en el suroeste de Alabama.

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 12 November 2020, 5:00 p.m.–6:00 p.m.

Contourites have come of age – both scientifically and economically. These deepwater sedimentary systems, driven by long-slope bottom-current processes, are a fundamental component of many continental margin successions. They are inter-bedded with and interact with down-slope systems, pelagic systems, and deep tidal processes. The contourite play clearly works – now we need to make it a primary target in future deepwater exploration.

American Association of Petroleum Geologists (AAPG)
Online Certificate Course
Tuesday, 1 January 2013, 12:00 a.m.–1:00 a.m.

There are approximately 1,000 oil and gas fields in the world that have been classified as 'giant,' containing more than 500 million barrels of recoverable oil and /or 3 trillion cubic feet of gas.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 7 June 2012, 12:00 a.m.–12:00 a.m.

Unger Field, discovered in1955, has produced 8.6 million barrels of oil from a thinly (several ft) bedded, locally cherty dolomite containing vuggy and intercrystalline porosity.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 11 February 2010, 12:00 a.m.–12:00 a.m.

Gas hydrates, ice-like substances composed of water and gas molecules (methane, ethane, propane, etc.), occur in permafrost areas and in deep water marine environments.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 10 September 2020, 3:00 p.m.–4:00 p.m.

Economic oil and gas fields have been increasingly found in deep-water continental margins for the past decade, where potential prospects record the key tectonic events associated with plate breakup and continental drift. In these regions, the exploitation of economic resources must take into account sustainable practices and environmental concerns of local populations. This talk will present case studies from multiple continental margins to then extrapolate major findings to basins in SE Asia.

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 4 June 2020, 3:00 p.m.–4:00 p.m.

Salt welds form due to salt thinning by mechanical (e.g., salt-flow) and/or chemical (e.g., salt-dissolution) processes. This webinar explores how we use 3-D seismic reflection, borehole, and biostratigraphic data to constrain the thickness and composition of salt welds, and to test the predictions of analytical models for salt welding.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 28 July 2011, 12:00 a.m.–12:00 a.m.

This presentation discusses one operator’s approach to fully integrate data captured in the Marcellus Shale in order to optimize horizontal well performance.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 2 December 2014, 2:00 p.m.–3:00 p.m.

The gas transport in organic-rich shales involves different length-scales, from organic and inorganic pores to macro- and macrofractures. In order to upscale the fluid transport from nanoscale (flow through nanopores) to larger scales (to micro- and macrofractures), multicontinuum methodology is planned to be used.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 27 August 2020, 3:00 p.m.–4:00 p.m.

There are over 300 known active onshore mud volcanoes globally, and many more offshore. Mud volcanoes are subsurface fluid escape features in which high pore pressures drive fluids, gases, and subsurface sediments to the surface. This talk will summarize mud volcanoes around the world and examine mud volcano plumbing systems and their link to petroleum systems.

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.

Show more

Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

Related Interests

See Also ...