Explorer Director’s Corner

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.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Located in the Orange Basin, along the passive west coast of the continental margin that straddles the borders of South Africa, there has been a discovery of an oil province in Namibia – the offshore Graf and Venus fields – that likely contains billions of barrels of oil resources. That’s according to Robin Sutherland, an exploration manager for Monitor Exploration, a UK-based private exploration company involved in oil and gas exploration in Africa. Of equal importance, he said, is the recent drilling by ReconAfrica, which “clearly proves” that the Ovambo Basin, a large pre-Cambrian basin in the far north of Namibia, is oil bearing with very significant potential. “Both of these events represent major changes to our understanding of the potential of Namibia,” said Sutherland.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

For Colombia’s National Hydrocarbon Agency and national oil company Ecopetrol, now is the perfect time to seek opportunities in a country providing diverse geological potential, a prepared workforce and contractual stability. They believe that Colombia is that country, and they are prepared to make their case as principal sponsors and hosts of AAPG’s International Conference and Exhibition taking place in Cartagena April 19-22.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Russia’s military action against Ukraine forced the Western world to face some hard truths about that country’s powerful position in world energy markets. In Europe, the invasion produced worry about possible disruptions in vital energy imports. In the United States, it led to calls for a stronger American oil and gas sector with increased government support. Beyond the volatile up-and-down swings in energy prices immediately following the onset of the Ukraine war, concerns emerged that the incursion could have an unbalancing effect on world markets for years to come.

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Asia’s increased appetite for natural gas ranks as one of the most important global energy stories of the past 10 years, and one of the most often overlooked. It appears likely to drive Asian exploration and energy trading for the near future.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Worldwide oil and gas exploration results took a major hit from reduced investment and the ongoing COVID pandemic last year. Cautious industry spending and overall selectivity over prospects likely reduced discoveries to their lowest annual level in 75 years. Here’s the recommendation from one industry analyst for 2022’s global exploration and supply outlook: Stay chill for now.

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

There is no denying there are massive changes happening around the world today, seemingly as a reaction to the emergence of the COVID/Wuhan virus. However, while the virus might be a catalyst of change, other factors are in play too. Many leaders around the world seem to share in the sentiment expressed by the founder and executive chairman of the World Economic Forum, Klaus Schwab, who recently wrote, “The changes we have already seen in response to COVID-19 prove that a reset of our economic and social foundations is possible,” in the interest of promoting the WEF’s proposed “Great Reset” of the global economy.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Before unconventional resources became prevalent in the global petroleum supply, deepwater exploration and development was a significant focus for many larger companies. For deepwater activities to succeed, the petroleum industry was forced to merge its above-ground concerns with the below-ground geoscience and engineering disciplines.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Not surprisingly, that idea met with an abundance of caution, and even skepticism, from an industry that experienced the severe downturn of 2014-16 followed by the worldwide COVID pandemic of 2020. Still, “I think there’s plenty to be excited about, especially given the recent upsurge in oil prices,” says one analyst.

American Association of Petroleum Geologists (AAPG)
Explorer Article

In the business of oil and gas exploration, it’s all about managing risk. Companies are more likely to drill where there are strong indications of hydrocarbons from field and seismic data, nearby wells and discoveries – and preferably, all of the above. So, when the federal government officially opens the doors in the near future to the Coastal Plain of the Arctic National Wildlife Refuge for commercial drilling, it could be like watching a game of poker.

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American Association of Petroleum Geologists (AAPG)
Workshop
Paramaribo, Suriname
Thursday, 2 November Friday, 3 November 2023, 8:00 a.m.–5:00 p.m.

Plan now to attend an interactive in-person workshop with industry leaders, government representatives and technical experts working in the Guyana-Suriname Basin.

American Association of Petroleum Geologists (AAPG)
Workshop
Barranquilla, Colombia
Wednesday, 8 February Thursday, 9 February 2023, 8:00 a.m.–6:00 p.m.

Join technical experts, industry leaders and government representatives for an interactive in-person workshop highlighting onshore and offshore E&P opportunities, new technologies and sustainable development strategies working in Colombia, Trinidad & Tobago, Barbados, Jamaica, and the Dominican Republic.

American Association of Petroleum Geologists (AAPG)
Workshop
Rio de Janeiro, Brazil
Tuesday, 9 May Wednesday, 10 May 2023, 8:00 a.m.–6:00 p.m.

Plan now to attend an interactive in-person workshop with industry leaders, government representatives and technical experts working to help Brazil maintain its E&P capacity while transitioning to a decarbonized economy.

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)
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 3 June 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Analytics-Based Opportunities in Double Black Swan Times' where we will discuss the steps companies are taking, business considerations in cross-industry analytics -start-ups to majors, analytics agility in a double black swan world, enabling the workforce to utilize and exploit data remotely using the cloud and machine learning. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 3 June 2020.

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.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 9 June 2020, 4:00 p.m.–5:00 p.m.

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!”

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 30 July 2020, 8:00 a.m.–10:00 a.m.

Hear panelists’ views on how COVID-19 has affected the legal, financial and technological sectors of the energy industry and what they expect for the future. Topics include energy markets, public policy, infrastructure, transportation, corporate culture, digitalization and the energy transition. Send questions and comments for speakers, then make your voice heard in virtual roundtables opening 10 minutes after the panel discussion. Forum registration is free of charge thanks to support from our sponsors. Forum Registration

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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 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 e-Symposium
Tuesday, 1 January 2013, 12:00 a.m.–1:00 a.m.

The presenters will discuss effective management of wind farm operations and the challenges often encountered. 

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 30 June 2020, 1:00 p.m.–2:00 p.m.

Visiting Geoscientist Juan Pablo Lovecchio reviews general aspects of rifting, rifts and passive margin formation and evolution through time, as well as elements of petroleum system development.

American Association of Petroleum Geologists (AAPG)

Related Interests

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