Explorer Director’s Corner

First there was Peak Oil, the Malthusian fear that the world was running out of oil. This idea has been around for a long time but had its most recent renaissance in the mid- 2000s with a host of books warning that global demand was going to overwhelm the industry’s ability to supply. The expansion of unconventional oil and natural gas production quieted concerns about supply constraints. The world is not running out of hydrocarbons.

American Association of Petroleum Geologists (AAPG)
Explorer Article

As oil prices continued to rise in early 2021, explorers had to grapple with an unfamiliar and even somewhat bizarre possibility. Is the business outlook for the oil and gas industry going to be better than almost anyone expected?

American Association of Petroleum Geologists (AAPG)
Explorer Article

The Western Canadian Sedimentary Basin is one of the largest, in area, in the world. Practically the size of all North American basins combined, it boasts the third largest reserves in the world, five major source rocks, numerous reservoirs, a broad range of structural and stratigraphic traps and a host of conventional and unconventional plays.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Researchers generally say they are scrambling to keep up with the changing needs of the oil industry combined with the emerging, broader concerns of society. Amazingly, technology research for oil and gas continues to flourish even now, despite some recent problematic headwinds. And even though computing-related technology gets most of the attention these days, today’s energy research extends far beyond Big Data and its applications.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

One of the cooler energy projects in development today addresses CO₂, methane, climate change and clean fuels, all at the same time. That’s “cooler” in the sense of using less heat, as well as being highly innovative in combining natural gas and carbon dioxide to generate fuel. The gas-to-liquids process is a research project of GTI in metropolitan Chicago, where it’s known as Cool GTL.

American Association of Petroleum Geologists (AAPG)
Explorer Article

In the business of oil and gas exploration, it’s all about managing risk. Companies are more likely to drill where there are strong indications of hydrocarbons from field and seismic data, nearby wells and discoveries – and preferably, all of the above. So, when the federal government officially opens the doors in the near future to the Coastal Plain of the Arctic National Wildlife Refuge for commercial drilling, it could be like watching a game of poker.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Do super basins have a role in sustainable development? The short answer is, Yes. Super basins can be part of a sustainable energy and environmental future for the planet. A more complex answer is: It depends on how you define “sustainable.” In the view of the oil and gas industry, sustainability has an economic component and an environmental component. Hydrocarbon-based energy is essential for a sustainable world economy in that view, and it will be for a long time to come.

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

I know I’m not alone. Each day, as part of my morning routine, just as reliably as I brush my teeth and brew strong coffee, I check the price that oil is trading for on global markets. How do I know I’m not alone? Because my first calls of the day – usually with AAPG leaders – usually begin or end with a reference to oil prices. We all know that watching the price of oil does nothing to boost demand, but still we watch, ever hopeful that today will be a good day in the markets.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

History is repeating itself today as low oil prices force collaboration between OPEC and non-OPEC producers. An historical analysis of the real global price of oil shows that OPEC will push up prices when the value of oil drops, as in 1995, or work with non-OPEC countries to defend a value floor, as in 1999 and in 2016 until the present. This value floor is defined by times when OPEC advocated abandoning the U.S. dollar as a basis for pricing oil, or when OPEC and non-OPEC countries collaborated.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In a world that has seen rock-bottom oil prices, a sharp decline in energy demand, constrained funding for oil and gas and a worldwide COVID-19 pandemic, the future for unconventional resources looks – Challenging. Although, not too bad. That might seem counter-intuitive, but many analysts say the outlook for unconventionals remains positive even as the oil industry goes through a period of struggle and woe.

American Association of Petroleum Geologists (AAPG)
Workshop
Virtual Workshop
Wednesday, 21 April 2021, 8:30 a.m.–2:00 p.m.

This one-day, high impact virtual event includes panel discussions and Q&A with operators and special presentations by Mexico’s National Hydrocarbon Commission (CNH Mexico) and the Mexican Hydrocarbon Association (Amexhi).

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

Biomass Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for biopower and biofuel.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 20 May 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Matching Capabilities and Capacity With Current and Emerging Demand Areas; Building a Business Plan That Reflects the Realities of Opportunities'. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 20 May 2020. During this webinar we will discuss: Matching technologies and companies Keys to Building a Resilient Early-Stage Business Multi-Industry Technology: Robotics as a Service

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)
Online Certificate Course
Tuesday, 1 January 2013, 12:00 a.m.–1:00 a.m.

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

American Association of Petroleum Geologists (AAPG)
Webinar
London, England
Wednesday, 17 February 2021, 2:30 p.m.–3:30 p.m.

During 2021, PERUPETRO S.A. will launch a bidding process for six blocks of the Talara Basin which contracts will expire in the next years. The purpose is to find companies interested in improving the productivity of these mature fields with secondary recovery and the implementation of new technologies.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 8 October 2020, 3:00 p.m.–4:00 p.m.

Join us as Doug Peacock discusses how changes in oil price impact reserves in theory, and with practical industry examples. Presentation will be via Zoom on Thursday 8 October 15:00 SGT (UTC+8) Singapore time zone

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 17 June 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Sustainability-Focused Opportunities'. A webinar to explore investment trends, new opportunities, and strategies for pivoting for new revenue and diversification in today's times. Webinar will be presented via Zoom 7:00pm - 8:30pm CDT 17 June 2020.

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

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

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Monday, 22 February 2021, 12:00 p.m.–1:00 p.m.

The Cretaceous-Paleogene basins on the West Greenland Continental Shelf is now open for licensing in an Open-Door procedure. This huge frontier area, including the onshore Nuussuaq Basin, has revealed a billion barrels potential and large structures. The Government of Greenland has initiated several new initiatives to make exploration more attractive in Greenland, including improved fiscal terms, easier data access and access to a new Whole Of Greenland resource assessment project.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Monday, 22 February 2021, 2:30 p.m.–3:30 p.m.

South Africa has hit the headlines recently with two major discoveries in deep water off the south coast, by Total and partners CNR, Qatar Petroleum and Mainstreet. Both prospects, Brulpadda and Luiperdpadda, drilled in deep water on the Aptian basin floor fan Paddavissie play, discovered significant accumulations of gas condensate and some oil. There are three remaining prospects in the Paddavissie play and a similar play named Kloofpadda, has been revealed by new seismic data to the east. The talks presented in this showcase will detail these developments as well as examine deep water and other prospectivity in other basins of South Africa.

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American Association of Petroleum Geologists (AAPG)
VG Abstract

This is a less-technical education topic. It can be condensed to an hour or given as 2 two-hour sessions. It stresses selected controversial aspects of fracking that touch some combination of environment and economics and includes a short video of how fracking is done.

Request a visit from David Weinberg!

American Association of Petroleum Geologists (AAPG)

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