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Business and Economics

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.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Located in the Orange Basin, along the passive west coast of the continental margin that straddles the borders of South Africa, there has been a discovery of an oil province in Namibia – the offshore Graf and Venus fields – that likely contains billions of barrels of oil resources. That’s according to Robin Sutherland, an exploration manager for Monitor Exploration, a UK-based private exploration company involved in oil and gas exploration in Africa. Of equal importance, he said, is the recent drilling by ReconAfrica, which “clearly proves” that the Ovambo Basin, a large pre-Cambrian basin in the far north of Namibia, is oil bearing with very significant potential. “Both of these events represent major changes to our understanding of the potential of Namibia,” said Sutherland.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

These days, more uncertain than the price of gas, especially with the announcement last month from the administration to ban the import of Russian oil and gas, combined with the European Union’s decision to cut imports by 80 percent, is the question of whether the world will get the energy it needs – and who will provide it. To that end, it’s worth considering what conventional oil and gas reservoirs here in America can be drilled and placed online quickly to help fill that need.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Geoscientists and industry leaders throughout the world are preparing for the International Conference and Exhibition Cartagena 2022, AAPG’s flagship international event taking place in Cartagena, Colombia, April 19-22. Held for the last time in Buenos Aires in August 2019, ICE returns to Latin America after a three-year break imposed in part by the COVID-19 pandemic.

American Association of Petroleum Geologists (AAPG)
Explorer Article

For Colombia’s National Hydrocarbon Agency and national oil company Ecopetrol, now is the perfect time to seek opportunities in a country providing diverse geological potential, a prepared workforce and contractual stability. They believe that Colombia is that country, and they are prepared to make their case as principal sponsors and hosts of AAPG’s International Conference and Exhibition taking place in Cartagena April 19-22.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Russia’s military action against Ukraine forced the Western world to face some hard truths about that country’s powerful position in world energy markets. In Europe, the invasion produced worry about possible disruptions in vital energy imports. In the United States, it led to calls for a stronger American oil and gas sector with increased government support. Beyond the volatile up-and-down swings in energy prices immediately following the onset of the Ukraine war, concerns emerged that the incursion could have an unbalancing effect on world markets for years to come.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

The energy transition has been getting so much press that a hypothetical visitor from Mars could be forgiven for believing it will be completed “by next Tuesday.” Some universities and organizations are dropping any mention of petroleum in the interest of appearing forward-looking. We see this as timely folly based on a lack of historical perspective. History shows that energy transitions are lengthy and complicated. They never follow a prescribed path; they wander down dead-ends and evolve with pragmatic solutions unforeseen today.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Asia’s increased appetite for natural gas ranks as one of the most important global energy stories of the past 10 years, and one of the most often overlooked. It appears likely to drive Asian exploration and energy trading for the near future.

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

Last month I wrote about the substantial increases in E&P investment necessary to ensure the availability of oil and gas supplies in the future to reduce price volatility and enhance global energy security. I drew on the analysis in a recent report of the International Energy Forum and IHS Markit. Business activity and investment in E&P remains on my mind this month, as I look forward to the upcoming NAPE Summit, from Feb. 8-11, at the George R. Brown Convention Center in Houston.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 22 October 2020, 3:00 p.m.–4:00 p.m.

Join us to hear Jean-Jaques Biteau talk about key parameters controlling pressure regimes, trap sealing at the level of both the basin and the prospect, as well as areas of uncertainty. Webinar will be presented on Thursday 22 October at 15:00 SGT (UTC+8) Singapore time zone.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Friday, 27 March 2009, 12:00 a.m.–12:00 a.m.

Join two GIS/geoscience experts Scott Sires and Gerry Bartz as they use information from the Teapot Dome Field in Wyoming (DOE/RMOTC program).

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 24 October 2013, 12:00 a.m.–12:00 a.m.

This e-symposium will be introducing signal processing techniques as a means to maximize extracting geomechanical data from petrophysical logs.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 24 September 2020, 8:30 p.m.–9:30 p.m.

In the past 3 decades the sequence stratigraphy jargon has proliferated, resulting in multiple definitions of the same surface or new surfaces and units based on drawings of deposition in response to relative changes in sea level. The close association between base-level changes, the formation of surfaces, and specific stratal stacking that define systems tracts are at the heart of the confusion. This webinar is proposed a back-to-basics approach, emphasizing key observations that can be made from any geologic data: lithofacies, lithofacies association, vertical stacking, stratal geometries, and stratal terminations.

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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, 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
Monday, 19 October 2020, 12:00 p.m.–1:30 p.m.

In this webinar, Stephen Ehrenberg will present a review of the various processes that interact to determine the wide variations in porosity found in carbonate strata containing petroleum reserves. Presentation is via Zoom on Monday 19 October at 12:00 London time.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 17 February 2011, 12:00 p.m.–1:00 p.m.

This presentation is designed for exploration/production geologists and geological managers or reservoir engineers.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 16 August 2011, 12:00 a.m.–12:00 a.m.

The geochemistry of formation fluids (water and hydrocarbon gases) in the Uinta Basin, Utah, is evaluated at the regional scale based on fluid sampling and compilation of past records.

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.

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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.

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American Association of Petroleum Geologists (AAPG)

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