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

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 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 Emphasis Article

Researchers generally say they are scrambling to keep up with the changing needs of the oil industry combined with the emerging, broader concerns of society. Amazingly, technology research for oil and gas continues to flourish even now, despite some recent problematic headwinds. And even though computing-related technology gets most of the attention these days, today’s energy research extends far beyond Big Data and its applications.

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)
Explorer Article

Energy sustainability and environmental responsibility are major pillars for the future of the energy industry. They will also be important themes for the upcoming Pacific Section Annual Meeting April 4-8 in Oxnard, Calif. The meeting’s overall theme is “2020 Vision: Producing the Future.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

Welcome to an interview with Matt Bell, Co-Founder of Strategic Piece, who talks to us today about what it takes to take a new technology from the idea stage to successful launch and commercialization. Matt is involved in AAPG’s U-Pitch New Technology Showcase, where he provides support and guidance to companies needing to build markets as well as potentially obtaining capital.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

“As we are in the forefront of the oil boom associated with unconventional reservoirs, we are on a steep learning curve concerning related high-cost drilling and completion operations and we need to be aware of associated risks and do our best to minimize these risks and financial waste.” That’s Mamdouh A. Shebl, who has more than 34 years’ experience in unconventional reservoir development, and he has seen the protocols industry professionals take to assess the risks of such wells, both from an industry perspective as senior petrophysicist at Chevron’s MidContinent Business Unit, and from an academic one as petrophysics research professor at Texas A&M University. And he thinks the industry can do better.

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American Association of Petroleum Geologists (AAPG)
Asia Pacific Blog

Call for abstracts is now open for the 1st AAPG/EAGE Papua New Guinea Petroleum Geoscience Conference & Exhibition. The conference will focus on those who explore for petroleum accumulations, appraise them and seek to develop them as producing oil and gas fields. Papers on oil and gas fields and their reservoirs and production where it pertains to the subsurface science of the accumulation of petroleum in the region will be considered.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 27 May 2020, 7:00 p.m.–8:30 p.m.

Join us for 'New Approaches for Start-Up Success' where we will discuss selecting companies to invest in now, the game changers program now, profile of a successful drone and robotics start-up and how we adapted our pitch for the pandemic. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 27 May 2020.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 12 April 2012, 12:00 a.m.–12:00 a.m.

This seminar focuses on the role geoscience leaders and mentors play in retaining top talent.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 25 June 2020, 8:00 a.m.–9:00 a.m.

Panelists will discuss current unconventional resource activities in North America, including key plays that remain competitive and potential for future growth. They also will address the key challenges for unconventional resources to stay competitive in the global market: maintaining cashflow, reducing expenditures, improving capital and production efficiencies and managing resources. Virtual Forum to be presented via Zoom.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 31 March 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Risk and Recovery in 2021'. Panelists discuss how they now approach risk assessment and opportunity evaluation after the dramatic changes due to economic stresses (crises) and a global pandemic. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 31 March 2021.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 9 December 2010, 12:00 a.m.–12:00 a.m.

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.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 16 February 2012, 12:00 a.m.–12:00 a.m.

This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.

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)
Webinar
Virtual Webinar
Tuesday, 28 April 2020, 12:00 p.m.–1:00 p.m.

Em 2011 e 2015, apresentei uma avaliação do potencial de petróleo ainda por descobrir (YTF – Yet to Find) na região brasileira do pré-sal, utilizando uma ferramenta de modelagem de exploração e um método de simulação estocástica (Monte Carlo) para estimar as acumulações potenciais já descobertas e as restantes para ser descobertas. Embora da metodologia robusta usada, é compreensível que, à luz dos novos preços do petróleo, muito mais baixos, a avaliação do óleo YTF possa ser questionada sobre o quão realista poderia ser, num cenário prolongado de preço baixo do petróleo. Em 2016, apresentei essa avaliação, para preços do petróleo abaixo de US$ 50/bbl. Agora, com os preços do petróleo ainda mais baixos que podem representar um novo cenário de redução por mais tempo, volto a revisar as avaliações anteriores. Os resultados são apresentados no contexto de importantes implicações geopolíticas para em regiões do mundo onde os recursos de petróleo e gás provavelmente continuarão viáveis, apesar dos preços baixos do petróleo, e os rearranjos geopolíticos que isso implica.

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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 19 November 2020, 11:00 a.m.–12:00 p.m.

Hear John Kaldi speak about Integrated Approaches to Determining Net Pay: Caveats & Lessons Learned. Webinar presented via Zoom on Thursday 19 November 2020 at 11:00 SGT (GMT+8) Singapore time.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 12 May 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Opportunities with Earth Imaging Technologies'. Panelists discuss the newest developments and directions in drones, satellite imagery, and other ways to acquire and process images of the Earth's surface. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 12 May 2021.

American Association of Petroleum Geologists (AAPG)
DL Abstract

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.

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Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

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