Oil Up on Slowing Pace of Coronavirus, Venezuela Sanctions - 19 February, 2020 09:17 AM
Oil Demand Growth to Quintuple Next Year - 19 February, 2020 09:15 AM
South Carolina Can Advance Challenge to Atlantic Oil Drilling - 19 February, 2020 09:12 AM
Eni Makes Oil Discovery Offshore Mexico - 19 February, 2020 09:08 AM
Israel Stops Issuing New Licenses For Oil Shale Exploration - 19 February, 2020 09:00 AM
LACR URTeC 2020 - Call for Papers
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Exploration & Development in Southern Caribbean Frontier Basins - Early Bird Fee
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Welcome to an interview with Matt Bell, Co-Founder of Strategic Piece, who talks to us today about what it takes to take a new technology from the idea stage to successful launch and commercialization. Matt is involved in AAPG’s U-Pitch New Technology Showcase, where he provides support and guidance to companies needing to build markets as well as potentially obtaining capital.
In the summer of 1865, Thomas Bard arrived in Ventura County, Calif., to begin exploration drilling on properties owned by his uncle, Thomas Scott, in the area of Sulphur Mountain. Scott had made a fortune investing in Pennsylvania railroads in the 1850s and in Titusville oil fields in the early 1860s. Scott undertook petroleum exploration in California on the basis of sensational reports of the oil potential there published by Yale professor Benjamin Silliman in 1864. Writing to Scott about the Sulphur Mountain area, Silliman said, 'Its great value is in its almost fabulous wealth in the best of oil.'
“As we are in the forefront of the oil boom associated with unconventional reservoirs, we are on a steep learning curve concerning related high-cost drilling and completion operations and we need to be aware of associated risks and do our best to minimize these risks and financial waste.” That’s Mamdouh A. Shebl, who has more than 34 years’ experience in unconventional reservoir development, and he has seen the protocols industry professionals take to assess the risks of such wells, both from an industry perspective as senior petrophysicist at Chevron’s MidContinent Business Unit, and from an academic one as petrophysics research professor at Texas A&M University. And he thinks the industry can do better.
Geopolitical tensions thrust Iran into an international spotlight in January, in a series of events that briefly unnerved oil markets. The aftermath could have serious, longer-term effects on the oil and gas industry, although those repercussions are difficult to predict. There is one certainty, though, according to one analyst: Iran’s situation under continued U.S.-enforced sanctions is untenable.
Scott Tinker, director of the Bureau of Economic Geology at the University of Texas at Austin, will grant no quarter about either the history and benefits of energy in our lives or its potential to improve our future. “Access to affordable, reliable energy is the foundation of modern economies,” he said. This subject has been on his mind of late, for he has spent the last two years studying those who are, as he puts it, suffering from “energy poverty.” Some 2.5 billion people worldwide live in some form of energy poverty today. “Access to secure energy,” Tinker said, “impacts all other major humanitarian issues, including hunger, shelter, clean water, education, healthcare, human migration, empowerment of women, and more. Those who do not have energy access suffer from energy poverty.”
Take a look at many of the major energy companies’ websites and you’re likely to see a “New Energies”-section with an outlined commitment for ultimately achieving “net zero” carbon emissions. Shell, for example, has increased the number of employees in its New Energies sector from 60 to 800 in the past two years. However, when looking at the world’s energy leaders, none have agreed on a clear path forward.
The oil and gas industry faces some significant near-term business challenges, which implies a difficult path forward for geoscientists and other professionals in the industry. Uncertainty might be the biggest challenge, which makes today’s situation especially tricky.
Talk of mitigating carbon footprints is growing louder. Regardless of differing views on the carbon issue, many in the oil and gas industry and beyond are beginning to make changes not only to be better stewards of the environment, but to protect business from growing public and investor sentiments against fossil fuels. Public opinion is now infiltrating investor sentiments and the industry needs to adopt significant changes that will keep the public and investors on board.
Earlier this year Mary Barrett, past president of the Division of Environmental Geology, wrote an article about “belonging.” I would like to expand on that theme and raise the bar to “What does it mean to be an Active Member?”
The end of the year is popularly depicted as a grizzled old man, stooped under the care and worry of the year gone by, ready to relinquish his responsibilities and pass the baton to the rosy-cheeked, diapered baby crawling expectantly into a new year. I’m not sure if this depiction is true this year, because I’m not sure where 2019 went – it feels like we barely got out of adolescence. And now, here we are, beginning anew. Happy New Year!
The AAPG Latin America & Caribbean Region and the Colombian Association of Petroleum Geologists and Geophysicists (ACGGP) invite you join us for GTW Colombia 2020, a specialized workshop bringing leading scientists and industry practitioners to share best practices, exchange ideas and explore opportunities for future collaboration.
The 2-day workshop brings together technical experts and industry leaders from Colombia and throughout the Americas to take a multidisciplinary look at future opportunities for exploration and development of Southern Caribbean Frontier Basins.
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.
This course will help you turn challenges into opportunities as you learn to strategically manage technological innovation, financial turmoil, a changing workforce, unpredictable social media, and tight deadlines.
Solar Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for solar energy.
This presentation discusses one operator’s approach to fully integrate data captured in the Marcellus Shale in order to optimize horizontal well performance.
This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.
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.
Wind Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for wind energy.
Learn to critically evaluate current issues that can impact growth and sustainability of oil and gas ventures.
This presentation will show where there are cases of missing sections, but none of them can be attributed to normal faulting.
Gas hydrates, ice-like substances composed of water and gas molecules (methane, ethane, propane, etc.), occur in permafrost areas and in deep water marine environments.
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!
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