HomeScience Discipline Business and Economics

Business and Economics

Explorer Historical Highlights

Not wishing to split hairs over which is the world’s first oil well, the majority of oil historians recognize the drilling of the Drake Well as the birth of the modern petroleum industry. What is not so well known is that some seven miles southeast of the Drake Well, in Pithole Creek, lie the remains of a city that came out of nowhere as a new town, enjoyed great splendor, then disappeared in a few years. It is the legendary Pithole City in Venango County of northwestern Pennsylvania.

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

Those in Bitcoin think they have the most valuable asset on Earth. Those in oil and gas think they have the most valuable asset on Earth.” As such, Laura Pommer, CEO of EnergyFunders, believes some relationship counseling is in order for this to work. “It’s tough to get a deal done between those two,” she said. Getting a deal done, she believes, will help both.

American Association of Petroleum Geologists (AAPG)
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)
Webinar
Virtual Webinar
Wednesday, 9 June 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: The New Way to Work'. Panelists will discuss the way that work is done, both in operations and support roles, and discuss specific examples of technologies being used, and how they contribute to a safer, more efficient and profitable endeavor. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 9 June 2021.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 4 October 2012, 12:00 a.m.–12:00 a.m.

Effective hydraulic fracture stimulation is critical for shale development, and microseismic is the only technology able to map the growth of these hydraulic fracture networks.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Friday, 20 January 2012, 12:00 a.m.–12:00 a.m.

The Eagle Ford Shale in South Texas is one of the more exciting shale plays in the United States at the current time.

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)
Online e-Symposium
Thursday, 22 July 2010, 12:00 a.m.–12:00 a.m.

Upon successful completion of this course, you will be able to describe geomechanics in shale reservoirs and discuss differences between plays.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 29 September 2011, 12:00 a.m.–12:00 a.m.

This study will focus in the combination of λρ – μρ inversion with clustering analysis techniques in order to discriminate brittle zones in the Barnett Shale.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 12 January 2022, 8:00 a.m.–9:00 a.m.

Using global examples and based on 40 years’ experience in mainstream geology and in Petroleum Systems Analysis, Andrew Pepper will discuss how re-thinking some of our paradigms can open up our minds to new Discovery Thinking in any old or new basin.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 13 August 2020, 11:00 a.m.–12:00 p.m.

Geologic interpretations are the basis of most exploration workflows, whether building a 3-D framework, a geocellular model, or modeling HC basins and estimating HC reserves. All these workflows rely on the most realistic and accurate interpretation in order to produce high-confidence results. Join us to hear from Catalina Luneburg, founder and director of TerraEx Group and specialist in the validation of HC basins and structural geology modeling.

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 28 October 2021, 10:00 a.m.–11:00 p.m.

As an industry we’re constantly challenged to improve our business on a worldwide stage. How do we continue improving the safe delivery of high quality, economical wells and production where understanding of social requirements and the license to operate are rapidly changing? Join us for a conversation with a panel of drilling engineers to gain insight to their understanding of how we can meet these challenges and impact well delivery planning processes and outcomes - from clarity on deliverables, process improvements, advances in technology, to building better business models for modern decision making.

Show more
American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 25 March 2010, 12:00 a.m.–12:00 a.m.

The presentation describes a well established fracture modeling workflow that uses a standard 3D seismic, conventional logs, image logs and data from one core to build predictive 3D fracture models that are validated with blind wells.

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 ...