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Oil Prices Ease 1 Percent after Fed Warns of Higher Rates - 21 September, 2023 07:30 AM

Oil Markets' Decades-Long Dependence on China Could Be Ending - 21 September, 2023 07:30 AM

DeSantis Unveils Energy Agenda from Texas Oil Country - 21 September, 2023 07:30 AM

Exxon Evaluates Lithium Extracted from Brine - 21 September, 2023 07:30 AM

Africa’s Newest Oil Jackpot Comes With a Corruption Curse - 21 September, 2023 07:30 AM

News in Review ...

12 Oct

Siliciclastic Reservoirs of the Middle East Call for Posters Expires in 20 days

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04 Feb

4th Edition: Stratigraphic Traps of the Middle East Call for Posters Expires in 135 days

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29 Apr

2nd Edition: Geological Process-Based Forward Modeling AAPG Call For Abstracts Expires in 220 days

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Explorer Article By Barry Friedman

Super Basins Special Issue Series Reaches Completion

The world’s top 20 super basins contain about 57 percent of the biggest oil fields in the world. Until recently, though, there wasn’t a comprehensive repository where industry professionals and scientists could access information about those fields, especially as it pertained to their commerciality, geoscience architecture, infrastructure and above-ground challenges. There is now. With the release of the fourth installment of the “Super Basin Special Issue Series” of the AAPG Bulletin, scheduled for this August and coinciding with the AAPG-SEG International Meeting for Applied Geoscience and Energy, the work is complete.

Added on 01 May, 2023

Explorer Historical Highlights By Gustavo Coronel

Finding Oil and Making Friends

The decade of the 1960s was both hectic and productive in the international petroleum industry. During those years, I worked for three oil and gas companies: Shell; the state-owned Corporacion Venezolana de Petróleo, or CVP; and Philips Petroleum Corporation. The geographical locations were diverse: surface exploration in western Venezuela; the Maracaibo oilfields and Caracas; The Hague, in the Netherlands; Balikpapan, Indonesia; Bartlesville, Okla.; and Lafayette, La. One of my most fruitful experiences took place in Maracaibo, when I had the opportunity to work with a four-man team from the Institut Français du Pétrole, known as IFP – the French Petroleum Institute. They had been sent to Venezuela to conduct regional geological studies in support of the newly created CVP.

Added on 01 April, 2023

Explorer Article

Remembering Pete Rose

Pete Rose, a renowned and highly active member of AAPG and the wider petroleum industry, passed away on Dec. 19, 2022. He was 87 years old. “The recent passing of Dr. Peter Rose was a shock to many AAPG members,” said past AAPG President Patrick J.F. Gratton.

Added on 01 March, 2023

Explorer Historical Highlights By Rasoul Sorkhabi

Steineke of Arabia

Working in arduous desert conditions and leading a team of explorers in the 1930s and ‘40s from the company that would come to be Aramco, Max Steineke put Saudi Arabia on the world petroleum map. A definitive, book-length biography of Steineke is yet to be written, but what follows outlines his career and contributions to petroleum geology and exploration during a period and in places far from the comforts, facilities and technologies enjoyed today. And yet, his exploration output from a single basin remains unparalleled, and his story offers valuable insights.

Added on 01 March, 2023

Explorer Director’s Corner By David Curtiss

Taking Heed of Rose’s Rules

I attended Pete Rose’s memorial service in Austin, Texas. There, along with his family, friends and several AAPG past presidents and other leaders, we remembered a man who had a significant influence on many and left a legacy to our industry. As we filed to our seats in the sanctuary, we each received a small pamphlet of Rose’s Rules – maxims that Pete compiled and that were meaningful to him – and No. 78 stood out to me.

Added on 01 February, 2023

Explorer Emphasis Article By Emily Llinás

Trinidad and Tobago Concludes Onshore and Nearshore Bid Round

On Jan. 9, Trinidad and Tobago’s Ministry of Energy and Energy Industries concluded the 2022 Onshore and Nearshore Competitive Bid Round. This bid round featured a total of 11 blocks covering more than 115,000 hectares. Blocks offered included Aripero, Buenos Ayres, Charuma, Cipero, Cory D, Cory F, Guayaguayare, South West Peninsula Onshore, St. Mary’s and Tulsa, located in the central to southern onshore Trinidad; and the South West Peninsula Offshore, located off the southern coast of Trinidad. Xavier Moonan, president-elect of AAPG’s Latin America and Caribbean Region and exploration manager of Touchstone Exploration Inc., follows the bid rounds closely.

Added on 01 February, 2023

Explorer Article By Emily Llinás

Support Continues for Ukrainian Geologist Refugees

The war between Russia and Ukraine has seen several phases since the initial invasion in February. A series of advances by the Ukraine armed forces in the Eastern part of the country in early September created the impression that the conflict might be near an end. Russian annexation of four provinces at the end of the month convinced others that the war is far from over. What is not debatable, however, are the devastating effects that the war continues to have, particularly on Ukrainian refugees who fled hundreds or thousands of miles to escape the turmoil and seek safety for themselves and their families. This is the second in a two-part series about Ukrainian geologist refugees who fled their homeland and received assistance from colleagues living around the world, which shares the stories of other geoscientists who benefitted greatly from the funding but still struggle to find stability after having their world turned upside-down.

Added on 01 November, 2022

Explorer Division Column DEG By Hannes Leetaru

Energy Storage is a Crucial Focus of DEG

The goal of the DEG this year is to increase the visibility of the Division in the areas of not only CCUS but also natural gas storage, hydrogen storage, compressed air energy storage and geothermal storage. Petroleum professionals are uniquely qualified to evaluate the risk and uncertainty of subsurface storage methods. We evaluate both containment risk, such as seal integrity and presence of faults, but also the impact of reservoir heterogeneities and reservoir properties on storage capacity.

Added on 01 September, 2022

Explorer Article By Ken Milam

How to Store Renewable Energy in Depleted Gas Wells

Depleted horizontal oil and gas wells could have a second life storing renewable energy, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory. Because renewable forms of electricity generation like solar and wind require low-cost energy storage, the NREL researchers propose using depleted hydraulically fractured oil and gas wells to store electrical energy in the form of compressed natural gas to be released to spin an expander/generator when electrical demand is high.

Added on 01 September, 2022

Explorer Article By Heather Saucier

Revisiting the Fundamentals

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.

Added on 01 July, 2022

Workshop

Paramaribo, Suriname

Wednesday, 17 January – Thursday, 18 January 2024, 8:00 a.m.–5:00 p.m.

Maturing Sustainable Solutions to, Explore, Develop and Produce Oil and Gas Across the Guyana Suriname Basin

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

Added on 02 November, 2022

Webinar By Juan Pablo Lovecchio

Virtual Webinar

Tuesday, 30 June 2020, 1:00 p.m.–2:00 p.m.

Rifting: How Breaking Continents Can Create Exploration Opportunities

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.

Added on 30 June, 2020

Webinar By Irewole Ayodele

Virtual Webinar

Thursday, 26 November 2020, 5:00 p.m.–6:00 p.m.

Merger and Acquisition Due Diligence Process of Oil & Gas Assets: The Role of Geoscientists

Irewole Ayodele discusses the role of Geosciences when evaluating reservoir assets for mergers and acquisitions. In this presentation, Irewole Ayodele will provide a broad overview of M&A initiation and due diligence in the oil and gas industry. Then more details will be provided on the role of geoscientists in conducting due diligence on oil & gas assets. The lecture will use a few case studies showing what kinds of red flags and pitfalls acquirers should be able to spot, mitigate or avoid for a successful M&A valuation process. Webinar presented via Zoom on 26 November at 5PM Dubai time.

Added on 09 November, 2020

Webinar By Gil Machado

Virtual Webinar

Wednesday, 10 June 2020, 11:00 a.m.–12:00 p.m.

Reducing Uncertainty and Increasing Chances of Success Using Biostratigraphy

Gil Machado is a Petroleum Exploration Geologist with a Ph.D in stratigraphy and source rock characterization. Gil's presentation 'Reducing Uncertainty and Increasing Chances of Success Using Biostratigraphy', will explore the role of biostratigraphy in the exploration workflow. Several success cases from around the World will be detailed, showing the uses of this discipline for sedimentation age determination, paleoenvironmental interpretation and source rock characterization. Join Gil Machado via Zoom on June 10 at 12:00 GMT+1

Added on 01 June, 2020

Webinar By Juan Pablo Lovecchio

Virtual Webinar

Tuesday, 30 June 2020, 3:00 p.m.–4:00 p.m.

Rifting: How Breaking Continents Can Create Exploration Opportunities - Spanish Talk

El geocientífico visitante Juan Pablo Lovecchio revisa aspectos generales de la ruptura, grietas y formación pasiva de márgenes y evolución a través del tiempo, así como elementos del desarrollo del sistema petrolero.

Added on 30 June, 2020

Webinar By Mauricio Isreal Guizada Duran

Virtual Webinar

Tuesday, 23 June 2020, 2:00 p.m.–3:00 p.m.

Geology and Geophysics of Oil Exploration – Andes Exploration - Spanish Talk

Visiting Geoscientist Mauricio Guizada provides an overview of general structural geology of the Andes, with a focus on the Central Andes. His talk covers topics related to onshore exploration, G&G methods in exploration and risk analysis. Join Mauricio Guizada via Zoom on June 23 at 4pm CDT.

Added on 28 May, 2020

Webinar By Alan Foum

Virtual Webinar

Monday, 8 June 2020, 12:00 p.m.–1:00 p.m.

Petroleum Perspectives, Past Present and Future

A geophysicist with extensive worldwide experience in exploration, appraisal and development settings gained at BG group, Alan Foum will talk about future energy demand modelling in terms of oil, gas and electricity including renewables with his presentation 'Petroleum Perspectives, Past Present and Future'

Added on 01 June, 2020

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