Explorer Emphasis Article

When new technology enters the oil and gas scene, talk of layoffs can creep into water-cooler conversations. Will better software and computers replace people, or will they push the industry forward, creating the need for additional staff? These questions are especially pertinent for geophysicists today, as artificial intelligence and machine learning technologies are processing and interpreting seismic data at record speeds, often delivering results that rival, if not surpass, that of humans. With some software companies calling their platforms a “seismic revolution” by offering real-time data interpretation, geophysicists might question how they will fit into this new, seemingly supersonic world.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Pity the Permian Basin. Investors complain about disappointing returns from Permian production. Stockholders worry about the financial outlook for operators in the play. Lenders have started to cast a skeptical eye at the basin’s profit potential. So it’s surprising to find that a data-derived solution for addressing the Permian Basin’s current challenges might be readily available. And it’s somewhat startling to hear that, someday, unconventional resource plays in the United States could fly higher than ever.

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American Association of Petroleum Geologists (AAPG)
Middle East Blog

For the first time in the Middle East region, AAPG is hosting a Geosciences Technology Workshop (GTW) dedicated to the Shuaiba Formation. This exciting and innovative event will take place at the Westin Abu Dhabi Golf Resort & Spa on 6–7 April 2020 and will feature a compelling lineup of technical speakers and poster presenters.

American Association of Petroleum Geologists (AAPG)
Explorer Director’s Corner

Producers are feeling the pinch: they’ve got to drill ever more wells to stay ahead of their production declines. Increased production is weighing on crude oil prices – you get the benefit of this supply in resilient markets, but it is shrinking margins and available cashflow to fund this drilling. And at the same time, the financial community is pulling back, restricting access to capital. The industry is reshaping itself yet again in response to new market realities, looking for new ideas and better approaches and operating models.

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

Most contributions to the exploration community that get attention in articles and conventions concern the essential technical issues: petroleum geology, prospect/play risk analysis and volume expectation, economics, etc. However, once the prospect has been evaluated and the project is validated

American Association of Petroleum Geologists (AAPG)
Explorer Article

As the global energy sector gains momentum and companies enter licensing rounds, the need for quick access to data holds fundamental importance. Increasingly, operators large and small are turning to multiclient companies who have the information and images that help them make decisions about entering a new area.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

“Undoubtedly, yes, the world must accelerate its transition to renewable energy. Cost is no longer a major barrier for renewables.” That’s Sir Mark Moody-Stuart, chairman of the United Nations Global Compact Foundation, an organization dedicated to finding what it calls “lasting solutions” to the world’s pressing global needs, including, for our purposes here, energy.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

While many see the energy transition as the switch from carbon-based to non- carbon-based fuels, Scott Tinker sees a broader definition. Tinker, past AAPG president, director of the Bureau of Economic Geology and Texas state geologist, suggested the goal of a successful transition is lifting some 2.5 billion people out of poverty by addressing energy poverty, as well as by minimizing environmental impacts.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

Lower cost and lower carbon. That’s the energy future for which geoscientists need to start preparing now, according to Neal Anderson, president and CEO of Wood Mackenzie in Edinburgh, one of the world’s leading energy research and consulting firms.

American Association of Petroleum Geologists (AAPG)
Explorer Director’s Corner

One of the aspects I find fascinating about this industry is its incredible variety, and that’s not a word often used to describe a commodity business.

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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American Association of Petroleum Geologists (AAPG)

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