Explorer Article

As the industry grows leaner, its data banks grow ever fatter. With data in the terabyte and exobyte range, many petroleum companies have launched “big data” initiatives to use the vast amounts of information to increase success rates and trim costs.

American Association of Petroleum Geologists (AAPG)
Latin America Blog

Interested in finding solid science and effective strategies to survive and thrive in the current industry downturn?

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Dry hole. Two of the worst words in offshore exploration. When per-well costs offshore can reach into the hundreds of millions of dollars, no one wants to drill a duster. So are dry holes nothing but failures? “Not if they provide information that sets up the next discovery,” said AAPG member John Snedden.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The U.S. Gulf of Mexico’s crude oil production is estimated to increase to record high levels in 2017, despite record low price.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In a time of low energy prices and market volatility, it is more important than ever for energy professionals to develop the tools to stay competitive and efficient. The Offshore Technology Conference (OTC), set for May 2-5 in Houston, provides the perfect opportunity.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Oil companies and environmentalists are popularly – albeit inaccurately – perceived as natural enemies by the general public. But, the marine life dwelling offshore California and other oil-producing locales knows nothing of this supposed antagonism. All they know are the drilling rigs where they thrive.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Oil and gas companies usually need loans to operate and survive, so these lending determinations can be crucial. If banks cut back on lending to the industry, drilling can grind to a halt, companies can fail, jobs will be lost. Now there are signs that banks might be ready to do just that.

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

Everywhere I go and in every conversation I have with AAPG members, sooner or later – and it’s usually sooner– I’m asked what I’m hearing about the duration of this low price cycle. We’ve all heard the old saying that prediction is difficult, especially of the future.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

For the oil industry, the most worrisome news coming out of the Middle East doesn’t involve geopolitics. It’s well known by now that Iran wants to increase production by at least 500,000 barrels of oil per day as the lifting of international sanctions allows it to resume crude exports. But Iran isn’t alone.

American Association of Petroleum Geologists (AAPG)
Explorer Article

With Shell abandoning its exploration plans in the Chukchi Sea in September and Statoil following suit in November, many might believe that the North Slope Basin off the northern coast of Alaska has been condemned. Yet those who have put decades into studying the geology of Alaska’s North Slope and Outer Continental Shelf believe the opposite.

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)

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