U.S. Crude Oil Falls below $70 a Barrel - 07 December, 2023 07:30 AM
Wind and Solar Pose Climate Threat Too, Oil Giant Saudia Arabia Argues - 07 December, 2023 07:30 AM
Biden Struggles to Embrace America's Quiet Oil Boom - 07 December, 2023 07:30 AM
Canada Orders Emissions Cuts Up to 38 Percent for Oil and Gas Firms - 07 December, 2023 07:30 AM
Oil CEO says Blaming Energy Industry for Climate 'Like Blaming Farmers for Obesity - 06 December, 2023 07:30 AM
Cross Regional Carbonates and Mixed Carbonate Systems Symposium Call for Abstracts
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Methane Monitoring Associated with Well Plugging & Abandonment for Active, Marginal, Idle, and Orphan Wells Member Earlybird Fee
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2nd Edition: Geological Process-Based Forward Modeling AAPG Call For Abstracts
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With the price of oil hovering well over $100 a barrel, some in the industry are exploring ways to revisit conventional oilfields using technology that emerged during the unconventional oil boom, with a goal of earning a rapid return on investment while prices remain favorable.
Global events of recent years have driven the oil and gas industry to make major changes to its workforce and operations, and the professional and scientific associations that serve the industry have had to evolve and adapt to accommodate those changes, particularly with regard to the programs they offer. The Imperial Barrel Award competition is no exception. An AAPG staple since 2007 and one of the Association’s most prestigious and visible programs, the IBA has undergone multiple changes during the past two years.
We are proud of the accomplishments and science achieved with the exploration of the moon by Apollo crews culminating in 1972 with Apollo 17, 50 years ago. No time since has offered so much promise for crews to return to explore the moon and deep space. There are signs of hope that that’s about to change, though.
Scott Tinker holds numerous official titles. Unofficially, he’s a visionary-in-residence for the oil and gas industry and an expert frequently quoted in the media on energy topics. Since 2016, Tinker has served as chairman of the Switch Energy Alliance, a non-profit organization dedicated to energy education and collaborative work on energy challenges. Tinker shared his thoughts about the current state of the oil and gas industry and other issues in a recent interview with the EXPLORER.
Civilization can only exist with energy. Petroleum provides most of the energy and products we need to live environmentally responsible, healthy, sustainable and comfortable lives. Recent events in Europe prove that petroleum continues to be critical. In the first three articles of this series, we discussed the petroleum base “wedge” to various energy sources, the skill sets needed to find petroleum (and the resources offered by AAPG to develop those skills) and the unintended consequences and limits to alternative low-density energy machines. We should also explore why petroleum matters.
The September 2021 Geophysical Corner was an article entitled ‘3-D Visualization and Geobody Picking of Amplitude Anomalies in Deepwater Seismic Data,’ in which we reviewed the use of geobody tools to rapidly visualize the extent of geologic features that give rise to a strong seismic amplitude response. For seismically thin reservoirs, the response of a gas-saturated sandstone gives rise to a trough at the top and a peak at the base. In this case, we would need to select two separate geobodies to map the reservoir.
The small town of Cunningham, Kansas lies about 65 miles straight west of Wichita on U.S. Highway 54. It was incorporated in 1887 as a commercial center for farmers and ranchers in that part of south-central Kansas. Hard winter wheat was the main cash crop, while herds of beef and dairy cattle were a close second source of income. This activity characterized the culture of Cunningham into the early years of the 20th century. That is, until a new industry was introduced to Kansas when, in 1915, oil was discovered in the El Dorado field northeast of Wichita.
How the oil and gas business finds investors is changing. Again. But it may change back. Or not. “The private equity firms that have traditionally funded new hydrocarbon companies are facing new pressure from their investors to stop placing capital in oil and gas, and the desire for quick profit – or even profit at all – has become secondary to a perceived battle against carbon dioxide,” said Don Burdick, who understands how counterintuitive not making a profit sounds. On the surface, it’s a startling development.
Put pressure on the United States to increase oil and natural gas production and the burden mainly falls on unconventional resources. Will operators be up to the challenge? Near-term projections call for U.S. oil output to grow by 1 million barrels per day. A difficult operating environment will make that increase a struggle, but the very nature of unconventionals offers cause for optimism.
In February, TotalEnergies announced a significant light oil discovery in the Orange Basin, offshore Namibia. Reuters reported a source suggesting that the Venus-X1 well may have found more than 1 billion barrels of oil equivalent. This was the second significant discovery announced in the basin that month. The offshore continues to deliver new oil and natural gas discoveries worldwide. And as this issue hits your inbox, the offshore is the primary topic of discussion in Houston as the 2022 Offshore Technology Conference returns to NRG Park from May 2-5.
Plan now to attend an interactive in-person workshop with industry leaders, government representatives and technical experts working in the Guyana-Suriname Basin.
Visiting Geoscientist Susan Morrice shares her personal experience and insight in this talk about opportunities for geoscientists. “Geoscientists have advantages ... They are Time Travellers and have open minds. Bringing this creativity and innovation to your company or starting your own! Challenging times bring silver linings!”
As commodity prices have dropped, many shale plays have become uneconomical as statistical plays and have increasingly become recognized as geological plays demanding new insights from data.
Join us for November’s AAPG Women's Network 2023 Short-Short Course Series on Wednesday, November 29th from 9-11 am (CT) with Dr. Alicia Kahn to discuss biostratigraphy and micropaleontology, largely as it pertains to oil and gas exploration.
Upon successful completion of this course, you will be able to describe faults and fractures in carbonates, black shales, and coarser clastics as they occur in the northern Appalachian Basin.
The Mississippian-Devonian Bakken Petroleum System of the Williston Basin is characterized by low-porosity and permeability reservoirs, organic-rich source rocks, and regional hydrocarbon charge.
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
This e-symposium will provide information on which tools, processes, and procedures all geoscientists, engineers, and technical professionals working in shale plays need to understand and implement.
The presentation will focus on hydraulic fracture geometry in shales, the materials used in the fracturing process, and treatment monitoring via microseismic.
La Formación Smackover del Jurásico Superior (Oxfordiano) es una de las productoras de petróleo y gas más prolíficas de la llanura costera del noreste del Golfo de México, depositada en una rampa de carbonato proximal. Este estudio es una caracterización integral del ambiente de depositación de la Formación Smackover basada en datos sísmicos 3D y de pozos en los campos Vocation y Appleton situados en las subcuencas de Conecuh y Manila, en el suroeste de Alabama.
Both climate change and the most recent coronavirus pandemic have generated multiple impacts on society. Though on the surface the crises appear to be unrelated, they have more similarities than differences. The common elements shared by Covid-19 and climate change promote the development of comprehensive solutions that mitigate both crises simultaneously.
This talk examines how actions and strategies developed for the energy transition can help to address the multiple challenges that the world faces today.
Climate change is not only happening in the atmosphere but also in the anthroposphere; in some ways the former could drive or exacerbate the latter, with extreme weather excursions and extreme excursions from societal norms occurring all over the earth. Accomplishing geoscience for a common goal – whether that is for successful business activities, resource assessment for public planning, mitigating the impacts of geological hazards, or for the sheer love of furthering knowledge and understanding – can and should be done by a workforce that is equitably developed and supported. Difficulty arises when the value of institutional programs to increase equity and diversity is not realized.
Request a visit from Sherilyn Williams-Stroud!
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