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WoodMac: Oil Prices Could Surprise to the Upside with China’s Reopening - 23 March, 2023 07:30 AM

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Explorer Emphasis Article

The oil and gas industry struggles with some unique challenges in working toward a sustainable future. In a way, the social aspect of those challenges comes down to two words: Prove it. Often accused of being part of the problem in sustainability and not part of the solution, the oil industry faces an unusually high burden of proof when it seeks environmental trust from the public.

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

The geosciences play a vital role – often a foundational role – in modern society, both in the developed and developing world. No matter where you live or work, your life is affected by the complex interplay of physical, chemical and biological processes active on land, in water and in the atmosphere. In its report entitled, “Geosciences Supporting a Thriving Society in a Changing World,” issued by the American Geosciences Institute last month ahead of the U.S. election, they highlight nine critical issues facing society where the geosciences play a pivotal role.

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Explorer Article

The North Sea Rift Basin ranks as one of the world’s most famous and indefatigable super basin areas. Like a pugnacious prize fighter, it’s been counted out again and again, only to rebound and punch back into contention. While some explorers consider the North Sea province highly mature, and even late life, it continues to produce plenty of oil and gas. And discoveries.

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Explorer Division Column DEG

Many new scientific discoveries are reported daily by the news media. These are evaluated and discussed in detail by scientific cable shows like you see on the Smithsonian Channel. These shows mix science and pseudo-science. I’m still waiting for the Loch Ness monster to show up at the pyramids in Egypt. I ask that you critically evaluate what you hear in the news media and from special interest groups. The facts might be distorted to make it more interesting. Try to make sure the environmental person is reputable. A good scientist will challenge what is presented. The goal is to find out the truth.

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Explorer Emphasis Article

“The public view of the oil industry and geoscience in general is on the low at the moment,” said Mukul R. Bhatia, executive professor and director of the Berg-Hughes Center for Petroleum and Sedimentary Systems, who added that even some who want to enter the industry have this view. “Enrollment in the geosciences and petroleum engineering courses has declined in most education institutes. The oil and gas development industry is seen as shrinking rather than growing,” he said. Bhatia, a Dan A. Hughes ’51 chair at Texas A&M University, said the challenge of attracting students back to the geosciences is compounded by the challenge of attracting them to the industry’s new frontier, both internally and externally.

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Explorer Article

AAPG’s Latin America and Caribbean Region started 2020 with a strong lineup of technical and business events. The year 2020 was the year of promise. The Hedberg Conference went well in February, but one of the participants from China canceled travel plans because of a coronavirus outbreak in the country. One month later, the world turned upside down. Countries closed their borders, companies sent workers home, and sponsors canceled support. In-person conferences were not just risky but prohibited in most cases. It was time to go back to the drawing board.

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Explorer Article

If recent events in the oil and gas sector, especially as it relates to the fallout and contraction from COVID-19, illustrate anything, it is the need for companies to create resilient businesses and business models. “That means having a business plan that anticipates and can adapt to changing conditions due to evolving environment, societal, and governmental pressures.” That’s Joseph R. Davis, independent direct at BKV Corp, an investment E&P firm. “You can’t separate ESG from sustainability,” he said, “for ESG is how business addresses sustainability.”

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Explorer Article

Exact predictions of the future have always been close to impossible. For the oil industry today, they might be even harder than that. Some oil companies are taking a wait- and-watch approach to planning, as multiple unknowns face the industry in a period of extreme uncertainty. Trying to predict a precise outlook right now isn’t just foolish, said Mark Finley. It could be dangerous.

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Learn! Blog

CCS (Carbon Capture and Storage) and CCUS (Carbon Capture Use and Storage) are playing an increasingly important role in reducing the amount of carbon dioxide in the atmosphere. Geologists are contributing in several vital ways. Welcome to an interview with Mike Raines, who talks to us today about his experience with carbon capture, use, and storage, and also his view of recent trends and opportunities.

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Explorer Article

In July 2019, when the current AAPG Executive Committee took office, they inherited one piece of outstanding business: review the AAPG Climate Statement that had been approved by the previous EC, but also tabled for approval by the incoming EC. Over the last seven months, and long before the two black swan events that are wreaking havoc on our industry and our Association, the EC engaged many of the Association’s stakeholders, including the divisions, the Advisory Council, the Corporate Advisory Board and, by way of a survey, our members.

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Short Course
Houston, Texas
Friday, 28 April 2023, 9:00 a.m.–12:00 p.m.

To go through the different stages of a CCS project and discuss which geophysical data/methods are pertinent: workshop format with short presentation and lots of discussion/Q&A

American Association of Petroleum Geologists (AAPG)
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Short Course
Houston, Texas
Friday, 28 April 2023, 8:00 a.m.–5:00 p.m.

As part of the international effort to combat global warming, significant attention is being given to ways to sequester (store for the long-term) carbon dioxide, which is a major contributor to the greenhouse effect. This one-day course will look at some of the ways in which carbon dioxide can be stored and provide a detailed review of the SRMS framework prepared by the Society of Petroleum Engineers to classify and categorize the storage volumes.

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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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Online e-Symposium
Tuesday, 16 August 2011, 12:00 a.m.–12:00 a.m.

The geochemistry of formation fluids (water and hydrocarbon gases) in the Uinta Basin, Utah, is evaluated at the regional scale based on fluid sampling and compilation of past records.

American Association of Petroleum Geologists (AAPG)
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Online e-Symposium
Friday, 27 March 2009, 12:00 a.m.–12:00 a.m.

Join two GIS/geoscience experts Scott Sires and Gerry Bartz as they use information from the Teapot Dome Field in Wyoming (DOE/RMOTC program).

American Association of Petroleum Geologists (AAPG)
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Webinar
Virtual Webinar
Thursday, 24 September 2020, 8:30 p.m.–9:30 p.m.

In the past 3 decades the sequence stratigraphy jargon has proliferated, resulting in multiple definitions of the same surface or new surfaces and units based on drawings of deposition in response to relative changes in sea level. The close association between base-level changes, the formation of surfaces, and specific stratal stacking that define systems tracts are at the heart of the confusion. This webinar is proposed a back-to-basics approach, emphasizing key observations that can be made from any geologic data: lithofacies, lithofacies association, vertical stacking, stratal geometries, and stratal terminations.

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Online e-Symposium
Thursday, 21 May 2009, 12:00 a.m.–12:00 a.m.

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.

American Association of Petroleum Geologists (AAPG)
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Webinar
Virtual Webinar
Wednesday, 20 May 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Matching Capabilities and Capacity With Current and Emerging Demand Areas; Building a Business Plan That Reflects the Realities of Opportunities'. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 20 May 2020. During this webinar we will discuss: Matching technologies and companies Keys to Building a Resilient Early-Stage Business Multi-Industry Technology: Robotics as a Service

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

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.

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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, 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)
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Online e-Symposium
Thursday, 25 August 2011, 12:00 a.m.–12:00 a.m.

This e-symposium provides highlights of the hydraulic fracturing mechanics, analysis, and design, and is derived from a two and one-half (2-1/2) day course which is designed for drilling, completion, production engineers, engineering technicians, geologists, well-site and completion supervisors, and managers, who desire to possess a comprehensive and integral knowledge of Hydraulic Fracturing.

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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!

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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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