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The Importance of Exploration and Production in the Energy Transition Call for Abstracts Expires in 9 days
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Low Resistivity Reservoirs: Path to Explore, Discover and Develop Call for Abstracts Expires in 60 days
For the first time in its history, AAPG has hosted a Geosciences Technology Workshop (GTW) in Saudi Arabia. The Integrated Emerging Exploration Concepts workshop took place on 2-4 December 2019 at the Kempinski Al Othman Hotel in Dhahran, Saudi Arabia. For the occasion, we received 47 attendees from 14 different companies and 9 different countries.
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.
New processes and technologies are coaxing oil and gas from difficult unconventionals and re-establishing flow and improving the oil cut in the produced fluids in mature fields. One of the most effective approaches involves wettability alteration. Welcome to an interview with Salem Thyne, E-Sal, who speaks with us here and will be at AAPG's Success with Difficult Unconventionals in Houston, Nov 12-13.
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.
Collaboration. Scott Singleton, geophysical technology adviser at Independence Resources Management in Houston, wants to underscore that one word. He believes that if there’s a single ingredient to success in unconventional fields – and the one concept from which those in unconventionals have unfortunately moved away – it’s that geologists, geophysicists and engineers have to work together for the benefit of everyone.
The AAPG Easten Mediterranean Mega-Basin: New Data, New Ideas and New Opportunities GTW took place on 6 – 7 September 2019 at the Radisson Blu Hotel, Alexandria, Egypt. We received 77 attendees from 36 different companies and 13 different countries.
Trends in exploration are moving away from new ventures and refocusing on proven basins – most likely inspired by the success of the Permian Basin. The Permian Basin is now known as a “super basin,” and has become a beacon of hope for Latin America and South America, which are now known to have substantial super basin potential as well.
The Division of Professional Affairs has been busy in the first half of 2019. The DPA’s charge is deepening and expanding geoscience professionalism. We achieve this directive in many ways, one being the strengthening of our business acumen.
From high-altitude, windswept prairies in southwestern Wyoming, the span of the powerful Wind River and Wyoming Ranges can be seen in the distance. This is home to the Pinedale Anticline Project and the Jonah Field, located in Sublette County, Wyo. In 2000, this was the site of one of the most productive gas fields in the continental United States. Gas reserves were estimated at up to 40 trillion cubic feet. That was enough to serve the nation’s entire natural gas demand for 22 months.
Over the past 10 years, tight oil boosted the United States back to world prominence in crude oil production. Today’s projections tie future U.S. production levels to continued strength in tight oil output, especially from the Permian Basin. Considering the importance of unconventional oil plays in the overall U.S. production picture, it’s useful to examine the outlook for tight oil. And in the Permian Basin, that outlook isn’t as bright as previously thought.
This e-symposium covers how to conduct an interdisciplinary evaluation of mature fields to determine the best approach to recover remaining reserves.
Unconventional Resources is an online course that enables participants to learn about shale gas, shale oil and coalbed methane.
This e-symposium introduces you to the practical benefits of thermal profiling for a variety of unconventional oil and gas projects, including tight gas sands, oil shale, low-gravity oil.