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
Tuesday, 13 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 e-Symposium
Thursday, 2 October 2014, 2:00 p.m.–3:00 p.m.

This course is ideal for individuals involved in Midland Basin exploration and development. Successful development of Wolfcamp shale oil relies on complex inter-relationships (ultimately interdependencies) within and between a wide variety of scientific disciplines, financial entities, and company partnerships. 

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 21 August 2014, 2:00 p.m.–3:00 p.m.

The goal of this e-symposium is to review the status of the Mexican upstream sector, and to provide a review of the most prolific and prospective areas in Mexico, with a focus on opportunities for international participation, given the upcoming energy reform in Mexico.

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)
Online Traditional Course
Wednesday, 1 January 2014, 12:00 a.m.–1:00 a.m.

Learn to critically evaluate current issues that can impact growth and sustainability of oil and gas ventures.

American Association of Petroleum Geologists (AAPG)
Webinar
London, England
Wednesday, 24 February 2021, 2:30 p.m.–3:30 p.m.

Since the first explorationists discovered the subsurface potential in Tunisia, the country’s institutions took the role of a partner rather than only a regulator. Today, one of ETAP missions is promoting exploration opportunities in Tunisia through both regional and targeted approaches, including sharing knowledge, high-quality data and best practices. ETAP commits to supporting continued drilling activity in mature areas and encouraging/incentivizing exploitation of new and emerging plays.

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American Association of Petroleum Geologists (AAPG)
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)
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
Thursday, 25 June 2020, 8:00 a.m.–9:00 a.m.

Panelists will discuss current unconventional resource activities in North America, including key plays that remain competitive and potential for future growth. They also will address the key challenges for unconventional resources to stay competitive in the global market: maintaining cashflow, reducing expenditures, improving capital and production efficiencies and managing resources. Virtual Forum to be presented via Zoom.

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

Renewable & Non-Renewable Resources is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for renewable energy.

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)

Related Interests

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