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Business and Economics

31 Jan

Europe Regional Conference 2022 Call for Abstracts Expires in 2 days

Explorer Emphasis Article

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.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

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.

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

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?”

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

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!

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In the arena of super basins, what’s old is new again. With new technology, oil finders are finding great success by returning to basins once thought to be mature. While exploration continues along new frontiers, the industry has returned to the world’s richest petroleum-bearing basins with an all-out effort to optimize extensive infrastructure using new technology.

American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

I was involved in the 2006 discovery of Parshall Oil Field in the Bakken reservoir of North Dakota, one of the largest oil fields in North America. My prospect idea was based on meager geologic data that included two key wells and used the potential of new horizontal drilling technology.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

As basins such as the Permian have crushed the concept of “peak oil” by doubling past production rates using new ideas and technology, their newly dubbed “super basin” status is inspiring operators on practically every continent to do the same.

American Association of Petroleum Geologists (AAPG)
Explorer Article

The oil and gas industry began 2019 hoping to thrive and ended the year mostly happy to survive. Offshore drilling dominated exploration but, despite several significant discoveries, reserve replacement rates remained low. Global geopolitical tensions simmered and sometimes boiled over throughout last year. In oil and gas prices, “Lower-for-Longer” came back to linger. The world saw abundant crude oil production and a surfeit of natural gas.

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

In order to support our modern society in an ever- growing global population, energy supplies must converge to meet that growing demand.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

When new technology enters the oil and gas scene, talk of layoffs can creep into water-cooler conversations. Will better software and computers replace people, or will they push the industry forward, creating the need for additional staff? These questions are especially pertinent for geophysicists today, as artificial intelligence and machine learning technologies are processing and interpreting seismic data at record speeds, often delivering results that rival, if not surpass, that of humans. With some software companies calling their platforms a “seismic revolution” by offering real-time data interpretation, geophysicists might question how they will fit into this new, seemingly supersonic world.

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American Association of Petroleum Geologists (AAPG)
Workshop
Muscat, Oman
Monday, 30 May – Wednesday, 1 June 2022, 8:00 a.m.–5:00 p.m.

Save the date! Join us for the upcoming AAPG Exploration in Mature Basins GTW to be held from 30 May – 1 June 2022 in Muscat, Oman. More information to follow soon.

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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