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Oil Prices Turn Lower After Putin Steps Up Military Efforts in Ukraine - 22 September, 2022 07:30 AM

Major Oil Price Spike Likely in 2023: Risks and Opportunities - 22 September, 2022 07:30 AM

Private Equity Scoops Up Oil and Gas Assets - 22 September, 2022 07:30 AM

Australian Firm Eyes New Oil Exploration Offshore Philippines - 22 September, 2022 07:30 AM

Oil Prices Drop in Advance of Expected Fed Rate Hike - 21 September, 2022 07:30 AM

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16 Dec

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Explorer Article

OPEC+ and the United Arab Emirates appear to have settled their spat over production levels for now, but the “prisoner’s dilemma” of the current oil market remains, and that could have long- term ramifications for the industry.

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Explorer Article

The International Meeting for Applied Geoscience and Energy, or IMAGE ’21, the integrated annual event of AAPG and the Society of Exploration Geophysicists in conjunction with the Society for Sedimentary Geology, is all set to be held online and in Denver, Colo., Sept. 26 to Oct. 1. The event will bring together many of the greatest minds and leaders from multiple disciplines of the geosciences sector, which includes an impressive lineup of keynote speakers that include IHS Markit’s Daniel Yergin, Kirsten Siebach of the Mars Perseverance mission and Kirk Johnson of the Smithsonian National Museum of Natural History.

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Explorer Division Column DEG

The petroleum industry has changed and is under attack. Many want to stop production of carbon-based fuels. There is a logic to this if we look to the future. We need to sustain energy production and fill the holes in the current alternative energy industries like solar, wind turbines, geothermal and advanced batteries. This does not mean oil industry jobs will be eliminated. They will just change.

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Explorer Article

When introducing his American Jobs Plan, President Biden promised it would invest “in America in a way we have not invested since we built the interstate highways and won the Space Race.” To put that investment in perspective, the interstate highway system, encompassing 47,000 miles of roads, cost $500 billion in today’s dollars, adjusting for inflation; the Apollo Program, about $194 billion. The price of the American Jobs Plan: $2.3 trillion. Included is significant investment proposed for the energy sector, which includes expanding clean energy sector tax credits, offering block grants and increasing government purchasing power to aid the new renewable sector.

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Explorer Article

Increasing global concern about climate change and its impact on the environment and society has led to a variety of strategies to reduce carbon dioxide emissions and to remove CO₂ from the atmosphere and find places to store it. Many companies are hard at work to perfect methods of carbon capture, use, and storage. Franek Hasiuk, associate scientist at Kansas Geological Survey, said CCUS is the best technology available to reduce emissions produced by the global economy. Hasiuk is part of a team of scientists working on the Integrated Midcontinent Stacked Carbon Storage Hub, a project to investigate subsurface geology in southwest Kansas and southwest Nebraska and demonstrate the viability of injecting CO₂ into underground rock layers.

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Explorer Article

Unconventional resource development has a remarkable history, combining breakthroughs and advances in both technology and geoscience. The pace of progress might have slowed in recent years, but that history is still being written.

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Explorer Article

AAPG has a long history as a proactive organization focused on advancing geology, especially as it relates to petroleum, natural gas, other subsurface fluids and mineral resources. As part of this focus, AAPG supports the vital role that AAPG geoscientists play in improving the human condition while minimizing environmental impacts as our members tackle the energy transition’s immense challenges. To this end, future issues of the Environmental Geosciences journal are becoming part of the AAPG Bulletin.

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Explorer President’s Column

It is sometimes said that every good idea and every innovation needs a good story. After 2020 we are now re-writing our individual and collective stories. Post COVID-19 reality has allowed AAPG members to reach beyond their normal geographical areas of influence. It is said that “necessity is the mother of all invention.” If that’s the case, then as a corollary I say that “failure is the father of most innovation.”

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Explorer Emphasis Article

The best-case outlook for the future of world energy looks highly positive for the oil and gas industry. In that outlook, energy demand returns to pre-pandemic levels and production increases as the world’s economies recover, giving the industry an opportunity for a strong rebound and years of attractive growth. But other scenarios could put roadblocks in the way of exploration and production, some of them potentially coming from the energy industry itself. OPEC+ definitely holds one key to the future, and the global energy transition appears to have picked up a considerable amount of momentum over the past year and a half.

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Explorer Emphasis Article

“If you care about the climate, elimination is not the way to go. Innovation is,” said Sen. Joe Manchin, D-W. Va., chairman of the Senate Energy and Natural Resource Committee, at a forum sponsored by General Electric and hosted by the news website Axios on the eve of President Joe Biden’s global climate summit last month. That the summit was held during Earth Day was not a coincidence. The forum, which also included as guests, Southern Company Chairman, President and CEO Thomas Fanning, and GE Chairman and CEO Larry Culp, was part of the media company’s “Energy Forward” series, which focuses on politics and policies surrounding sustainability, energy efficiency and new technologies in the coming decades.

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Workshop
Lviv, Ukraine
Thursday, 21 September – Friday, 22 September 2023, 8:00 a.m.–5:00 p.m.

Join us for a workshop where experts will  explore the Carpathian foreland and the Dnieper-Donetsk rift basins with a focus not only on hydrocarbons, but the utilization of geothermal resources, hydrogen exploration and CCUS.

American Association of Petroleum Geologists (AAPG)
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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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Online e-Symposium
Thursday, 2 October 2014, 2:00 p.m.–3:00 p.m.

This course is ideal for individuals involved in Midland Basin exploration and development. Successful development of Wolfcamp shale oil relies on complex inter-relationships (ultimately interdependencies) within and between a wide variety of scientific disciplines, financial entities, and company partnerships. 

American Association of Petroleum Geologists (AAPG)
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Online Certificate Course
Tuesday, 1 January 2013, 12:00 a.m.–1:00 a.m.

This course introduces the learner to the fundamentals of shale gas, including current theories that explain its origin, and how to determine which reservoirs are commercially viable.

American Association of Petroleum Geologists (AAPG)
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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)
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Online e-Symposium
Thursday, 17 March 2011, 12:00 a.m.–12:00 a.m.

This e-symposium will provide information on which tools, processes, and procedures all geoscientists, engineers, and technical professionals working in shale plays need to understand and implement.

American Association of Petroleum Geologists (AAPG)
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Online e-Symposium
Thursday, 24 October 2013, 12:00 a.m.–12:00 a.m.

This e-symposium will be introducing signal processing techniques as a means to maximize extracting geomechanical data from petrophysical logs.

American Association of Petroleum Geologists (AAPG)
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Webinar
Virtual Webinar
Thursday, 13 August 2020, 11:00 a.m.–12:00 p.m.

Geologic interpretations are the basis of most exploration workflows, whether building a 3-D framework, a geocellular model, or modeling HC basins and estimating HC reserves. All these workflows rely on the most realistic and accurate interpretation in order to produce high-confidence results. Join us to hear from Catalina Luneburg, founder and director of TerraEx Group and specialist in the validation of HC basins and structural geology modeling.

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Webinar
Virtual Webinar
Tuesday, 1 September 2020, 8:00 a.m.–9:00 a.m.

The “Great Crew Change” has become the “Competence Train Wreck” due to the repeated personal mis-management practices of our industry and again not anticipating the known volatility of commodity prices. Despite this, hydrocarbon based energy will continue to comprise over 60% of the world’s energy mix for at least the next half century and of that energy need over half of it has yet to be found! Personal experience in working for National Oil Companies, Parastatals, large independent oil companies, small independents, as an independent and as a consultant have given me the perspective of some of the best and some of the worst of the exploration practices the industry has to offer.

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Webinar
Virtual Webinar
Thursday, 10 September 2020, 3:00 p.m.–4:00 p.m.

Economic oil and gas fields have been increasingly found in deep-water continental margins for the past decade, where potential prospects record the key tectonic events associated with plate breakup and continental drift. In these regions, the exploitation of economic resources must take into account sustainable practices and environmental concerns of local populations. This talk will present case studies from multiple continental margins to then extrapolate major findings to basins in SE Asia.

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Webinar
Virtual Webinar
Tuesday, 14 April 2020, 6:00 p.m.–8:00 p.m.

La Formación Smackover del Jurásico Superior (Oxfordiano) es una de las productoras de petróleo y gas más prolíficas de la llanura costera del noreste del Golfo de México, depositada en una rampa de carbonato proximal. Este estudio es una caracterización integral del ambiente de depositación de la Formación Smackover basada en datos sísmicos 3D y de pozos en los campos Vocation y Appleton situados en las subcuencas de Conecuh y Manila, en el suroeste de Alabama.

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Assistant Professor of Hydrogeology

The Boone Pickens School of Geology at Oklahoma State University invites applications for a tenure- track, assistant professor position in physical hydrogeology. The anticipated start date is August 1, 2023. The successful applicant must have a Ph.D. degree in geosciences or a related field at the time of appointment. Postdoctoral experience is preferred. The School encourages applications from candidates from underrepresented groups in the geosciences.

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DL Abstract

President Biden has laid out a bold and ambitious goal of achieving net-zero carbon emissions in the United States by 2050.  The pathway to that target includes cutting total greenhouse gas emissions in half by 2030 and eliminating them entirely from the nation’s electricity sector by 2035. The Office of Fossil Energy and Carbon Management will play an important role in the transition to net-zero carbon emissions by reducing the environmental impacts of fossil energy production and use – and helping decarbonize other hard-to abate sectors.

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Request a visit from Jennifer Wilcox!

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DL Abstract

Local sea-level changes are not simply a function of global ocean volumes but also the interactions between the solid Earth, the Earth’s gravitational field and the loading and unloading of ice sheets. Contrasting behaviors between Antarctica and Scotland highlight how important the geologic structure beneath the former ice sheets is in determining the interactions between ice sheets and relative sea levels.

Request a visit from Alex Simms!

American Association of Petroleum Geologists (AAPG)
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