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.

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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.

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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.

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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

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 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 Article

Worldwide oil and gas exploration results took a major hit from reduced investment and the ongoing COVID pandemic last year. Cautious industry spending and overall selectivity over prospects likely reduced discoveries to their lowest annual level in 75 years. Here’s the recommendation from one industry analyst for 2022’s global exploration and supply outlook: Stay chill for now.

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

There is no denying there are massive changes happening around the world today, seemingly as a reaction to the emergence of the COVID/Wuhan virus. However, while the virus might be a catalyst of change, other factors are in play too. Many leaders around the world seem to share in the sentiment expressed by the founder and executive chairman of the World Economic Forum, Klaus Schwab, who recently wrote, “The changes we have already seen in response to COVID-19 prove that a reset of our economic and social foundations is possible,” in the interest of promoting the WEF’s proposed “Great Reset” of the global economy.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 30 July 2020, 8:00 a.m.–10:00 a.m.

Hear panelists’ views on how COVID-19 has affected the legal, financial and technological sectors of the energy industry and what they expect for the future. Topics include energy markets, public policy, infrastructure, transportation, corporate culture, digitalization and the energy transition. Send questions and comments for speakers, then make your voice heard in virtual roundtables opening 10 minutes after the panel discussion. Forum registration is free of charge thanks to support from our sponsors. Forum Registration

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

Geothermal Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for geothermal energy.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 26 May 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Imaging Technologies'. Panelists will discuss new ways to acquire data that is then processed into interpretable images, and they will discuss the technologies as well as the techniques. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 26 May 2021.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 14 April 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Energy Industry Supply Chains'. Panelists will discuss some of the most prominent advances in supply chain practice, including provenance, authenticity assurance, blockchain, automation, multiple sourcing, and 3D printing. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 14 April 2021.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Monday, 8 June 2020, 12:00 p.m.–1:00 p.m.

A geophysicist with extensive worldwide experience in exploration, appraisal and development settings gained at BG group, Alan Foum will talk about future energy demand modelling in terms of oil, gas and electricity including renewables with his presentation 'Petroleum Perspectives, Past Present and Future'

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 19 November 2020, 11:00 a.m.–12:00 p.m.

Hear John Kaldi speak about Integrated Approaches to Determining Net Pay: Caveats & Lessons Learned. Webinar presented via Zoom on Thursday 19 November 2020 at 11:00 SGT (GMT+8) Singapore time.

American Association of Petroleum Geologists (AAPG)
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 12 May 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Opportunities with Earth Imaging Technologies'. Panelists discuss the newest developments and directions in drones, satellite imagery, and other ways to acquire and process images of the Earth's surface. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 12 May 2021.

American Association of Petroleum Geologists (AAPG)

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