HomeScience Discipline Business and Economics

Business and Economics

Explorer Division Column DEG

The petroleum industry has changed and is under attack. Many want to stop production of carbon-based fuels. There is a logic to this if we look to the future. We need to sustain energy production and fill the holes in the current alternative energy industries like solar, wind turbines, geothermal and advanced batteries. This does not mean oil industry jobs will be eliminated. They will just change.

American Association of Petroleum Geologists (AAPG)
Explorer Article

When introducing his American Jobs Plan, President Biden promised it would invest “in America in a way we have not invested since we built the interstate highways and won the Space Race.” To put that investment in perspective, the interstate highway system, encompassing 47,000 miles of roads, cost $500 billion in today’s dollars, adjusting for inflation; the Apollo Program, about $194 billion. The price of the American Jobs Plan: $2.3 trillion. Included is significant investment proposed for the energy sector, which includes expanding clean energy sector tax credits, offering block grants and increasing government purchasing power to aid the new renewable sector.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer President’s Column

It's been an amazing year… so many new opportunities while sprinting along the razor’s edge of existence! Early on, we did a lot of self-examination and strategic planning for a new AAPG. Part of the early short-term strategy was to cut and cut to bring the budget down to essential services and those programs that are sponsored by corporate or AAPG Foundation donations. At the same time, we began working on longer-term strategies. You have heard it said that “We are at our best when we prepare ourselves for the worst.” I would change that to say, “We are at our best when we prepare ourselves to avoid the worst!”

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Unconventional resource development has a remarkable history, combining breakthroughs and advances in both technology and geoscience. The pace of progress might have slowed in recent years, but that history is still being written.

American Association of Petroleum Geologists (AAPG)
Explorer Article

A ransomware cyberattack on the Colonial Pipeline in May brought a short-term disruption of gasoline supplies to the East Coast of the United States. Experts warned the assault has longer-term implications for the oil and gas industry, and for the nation’s critical infrastructure. Following the attack, government agencies quickly vowed to strengthen the nation’s cybersecurity efforts. But the great majority of U.S. energy supply – more than three-quarters, by many estimates – is in the hands of private industry. The Colonial incident “reflects a historically lax cybersecurity culture in the oil and gas industry.”

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Throughout the past decade, Brazil’s pre-salt basins and giant deepwater oil discoveries have brought significant attention to the country and to the offshore South Atlantic. Though operating in the Brazilian pre-salt play promises billions of barrels of oil, it also requires billions of dollars in investment and technology, something just a handful of companies can bring to the table. While Petrobras and international companies focus their attention on the Brazilian offshore, a handful of Brazilian companies and foreign investors have focused inland, where they are quietly starting Brazil’s onshore revolution.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

In North America’s history of building pipelines to transport oil, natural gas and petroleum products, somewhere along the way, the process became political. By pulling the presidential permit on the Keystone XL pipeline, President Joe Biden sent a powerful message: Even if a pipeline benefits citizens and trade relations with important allies, and even if it has met or exceeded design and regulatory requirements and secured community support, its fate can ultimately be determined by a whim.

Show more
American Association of Petroleum Geologists (AAPG)
Delegates Voice Article

Steve Brachman, HoD chair, examines the House of Delegates with regard to its expenditures, revenue generated, as well as its functions and benefits to AAPG.     

American Association of Petroleum Geologists (AAPG)
Explorer ProTracks

Like many of my age cohort, I often listen to podcasts on my daily commute to work. One of my favorites is Motley Fool’s “Rule Breakers,” a stock market-oriented podcast by David Gardner. One of the common refrains he uses to describe his stock-selecting philosophy is that he looks for “dark clouds I can see through.” The premise is simple: if a company has been beaten down for a good reason, but you have line of sight on that issue being resolved, there exists an opportunity to acquire at a good value and profit from the recovery. Can we see through the dark clouds that hang over the industry today, to a brighter future?

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

How are you doing? I was telling a friend recently that I feel like Sylvester Stallone’s Rocky Balboa in the boxing ring. We’ve reached the final round, and I’m battered and bruised, my sharp jabs and uppercuts replaced by exhausted flailing. The big question – the only question – is whether this is the first fight of the film where I end up face down on the canvas, or whether it’s the second with the referee lifting my gloved hand into the air as Bill Conti’s film score soars. How about you? As the months of this pandemic drag on, how are you doing? It turns out there’s a name for what many of us are feeling these days.

Show more
American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Saturday, 24 July Sunday, 25 July 2021, 8:00 a.m.–5:00 p.m.

This course provides a comprehensive methodology for the diagnosis, analysis, and forecasting of well production data in unconventional resources. An extensive evaluation of the diagnostic tools for assessing data viability, checking data correlation along with flow regime identification is presented.

American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Sunday, 25 July 2021, 8:00 a.m.–5:00 p.m.

This course provides a robust framework for assessing uncertainty and risk in unconventional projects. It begins by summarizing the key discipline-specific workflows and work products needed to characterize your project.

American Association of Petroleum Geologists (AAPG)
Short Course
Houston, Texas
Saturday, 24 July Sunday, 25 July 2021, 8:00 a.m.–5:00 p.m.

This 16 hour course follows the life cycle of an oil or gas property, from concept to abandonment, from the engineer’s point of view. Case histories are used to illustrate the geophysical tools that the engineering group would apply to solve an oil field development problem at various points in the property’s lifetime.

American Association of Petroleum Geologists (AAPG)
Workshop
Muscat, Oman
Monday, 7 February Wednesday, 9 February 2022, 8:00 a.m.–5:00 p.m.

Save the date! Join us for the Exploration in Mature Basins GTW to be held from 7-9 February 2022 in Muscat, Oman. More information to follow soon.

American Association of Petroleum Geologists (AAPG)
Workshop
Egypt
Monday, 13 December Wednesday, 15 December 2021, 8:00 a.m.–5:00 p.m.

Save the date for the Future Challenging Exploration in Mega-Hydrocarbon Hub GTW to be held from 13-15 December 2021 in Cairo, Egypt. More information to follow soon.

American Association of Petroleum Geologists (AAPG)
Workshop
Virtual Workshop
Tuesday, 14 September Wednesday, 15 September 2021, 7:00 a.m.–4:00 p.m.

The Caribbean Technical Symposium and E&P Summit: Recent Activity and Exploration Opportunities includes a technical symposium featuring regional geology and hydrocarbon potential on September 14 and an E&P Summit featuring panel discussions with industry executives on September 15.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 14 July 2020, 11:00 a.m.–12:00 p.m.

The Santos Basin is an excellent example of how much oil is kept in remote sites, just waiting to be found by bold explorationists with the will and resources needed to find them. Join Flávio Feijó to for a presentation of the history and potential for future discoveries in the Santos Basin Webinar will be presented via Zoom on Tuesday 14 July 2020 at 11am CDT (UMT-6). Register Now at Zoom

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

In the span of a mere few months, the much of the world went from a state of exuberant self-actualization to the most primal level of survival (health, food, shelter) insecurity. Consequently, the world has changed. Shock change due to pandemic-triggered chain reactions, supply / demand and price instability, rapid technological innovation, new plays and changing markets, distributed teams and workforces, the powerful force of social media, shortages of technical expertise, and supply chain issues have come together to create new challenges and opportunities for leadership. We will analyze how the issues relate to the oil and gas business (exploration, development, oilfield services, support services, financial sector) and we will propose solutions for immediate real-world emergencies, together with longer term challenges. In addition, we will evaluate what prominent thinkers and academics have written about leadership and strategic planning.

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 1 October 2020, 11:00 a.m.–12:00 p.m.

Join AAPG Asia Pacific to hear Agus Ramdahn, PhD to hear about a method of combining Bowers Method with density-sonic cross plots to estimate overpressure in the shelfal area of the Lower Kutai Basin This webinar will be presented via Zoom on Thursday 1 October at 11:00 Singapore Time

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.

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)
Webinar
Virtual Webinar
Wednesday, 31 March 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Risk and Recovery in 2021'. Panelists discuss how they now approach risk assessment and opportunity evaluation after the dramatic changes due to economic stresses (crises) and a global pandemic. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 31 March 2021.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 10 September 2020, 3:00 p.m.–4:00 p.m.

Economic oil and gas fields have been increasingly found in deep-water continental margins for the past decade, where potential prospects record the key tectonic events associated with plate breakup and continental drift. In these regions, the exploitation of economic resources must take into account sustainable practices and environmental concerns of local populations. This talk will present case studies from multiple continental margins to then extrapolate major findings to basins in SE Asia.

Show more
American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Tuesday, 14 December 2010, 12:00 a.m.–12:00 a.m.

Recent interest in unconventional gas resources has attracted several oil and gas explorers to sedimentary basins in Southern Quebec.

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)
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)
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

See Also ...