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One of the most productive regions in the petroleum world for almost a century, the Permian Basin is far from tapped out, according to a new U.S. Geological Survey assessment.

American Association of Petroleum Geologists (AAPG)
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The recent and apparently large oil discoveries on Alaska’s North Slope by Caelus Energy Alaska and Armstrong Oil & Gas, Inc. and its partner Repsol have shown the world that giants may still exist in the 49th state. And, more might be waiting to be found.

American Association of Petroleum Geologists (AAPG)
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Natural gas not only improves air quality by reducing smog, but also helps mitigate the impact of climate change by significantly reducing emissions. It has tangible positive effects on people’s lives around the world.

American Association of Petroleum Geologists (AAPG)
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The Petroleum Economics is designed for New Energy Professionals. The course consist of lecture and exercises to assist the new industry energy professionals with understanding the principles of petroleum economics; including the value of money, quantifying financials risks in petroleum investments, rates of return, forecasting cash flows and the fundamentals of capital budgeting.

American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/blog-learn-petroleum-economics-new-short-course-herov2.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Short Course | 22 September 2016 | Houston, Texas, United States Petroleum Economics - New Short Course
 

Have you made plans to attend ACE this year? AAPG’s 2016 Annual Convention and Exhibition (ACE) is a dedicated opportunity for our members and other professionals to get together.

American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/curtiss-david-2016-03mar.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true Attending ACE Is As Important Now As Ever
 

For the oil industry, the most worrisome news coming out of the Middle East doesn’t involve geopolitics. It’s well known by now that Iran wants to increase production by at least 500,000 barrels of oil per day as the lifting of international sanctions allows it to resume crude exports. But Iran isn’t alone.

American Association of Petroleum Geologists (AAPG)
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The Arctic Ocean occupies a unique tectonic setting as a small, confined ocean between two much larger oceans - the subducting Pacific margin and the opening North Atlantic. Unlike many of the world's oceans, evidence on both timing and geometry is poor, and major elements of the plate tectonic evolution are still "up for grabs". The Arctic has experienced significant plate motion from Cretaceous to present, and because of the ambiguities in the oceanic signature, resolving the most likely kinematic history is critical in understanding paleogeography and hence reservoir and source distribution. I will show a 3-stage kinematic model which, while not a unique solution, seems to best satisfy the known constraints.

Show more American Association of Petroleum Geologists (AAPG)
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Desktop /Portals/0/PackFlashItemImages/WebReady/dl-abstract-north-atlantic-extension-and-break-up-hero.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true North Atlantic extension and break-up: challenges, controversies and implications
 
On the heels of an April 23 article in The New York Times headlined, “A New ‘OPEC’ Emerges: The U.S.,” this year’s Unconventional Resources Technology Conference (URTeC) will take that topic into the field, tracking the country’s shale boom from its inception to turning the United States into the world’s No. 1 petroleum and natural gas producer in 2014 – overtaking Saudi Arabia and Russia.
American Association of Petroleum Geologists (AAPG)
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Like numerous other geologic formations, the allure of the Wilcox has waxed and waned owing to fluctuating commodity prices, among other issues. As hydrocarbon prices recovered and technology applications like hydraulic fracturing became commonplace, the Wilcox beckoned anew, attracting principally the mom-and-pop shops and the small to mid-size independents.

American Association of Petroleum Geologists (AAPG)
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