Explorer Article

 

Discoveries were comparatively sparse, but they persisted steadily throughout the year. Here are some of the more significant discoveries of the past year.

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Explorer Emphasis

 
Selected highlights from international exploration activity in 2015.
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An added dimension: 3-D seismic data is an essential ingredient in operators’ efforts to understand the risks and nuances of shale plays.

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Wet and wild: The world’s increasing demand for hydrocarbons is a good sign that deepwater exploration will remain a key source of new global reserves.

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The impact of the rapid economic growth of “Asian giants” China and India is such that African oil supplies now face increased demand to fuel this growth and, therefore, increased E&P activity.

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The year of living dangerously: Grim days, challenging conditions, exciting discoveries. A look back at the top global developments of 2009.

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Egypt clearly is hot in the international arena, but the scene at its neighbor to the west – Libya – appears close to being equally spicy.
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Small players, big deals: Independents are becoming increasingly important in Africa’s energy picture.
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Explorer Historical Highlight

 

When Occidental Petroleum Corporation was reorganized in 1959, its total oil production was some 100 barrels per day. By the time Moammar Gaddaffi nationalized the industry in 1969, Oxy Libya, the wholly owned subsidiary, was producing 800,000 barrels per day. Such an amount made Oxy Libya the eighth largest producer in the world.

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Explorer Regions and Sections

 

Since establishment of AAPG Africa in 2000, the Region’s leadership teams over the years have shown strong commitment and passion toward the Association achieving its goals for the region. Their dedicated efforts have resulted in not only an increased awareness of AAPG, but also steady growth of the Region’s membership, from 450 in 1999 to over 3,060 in June 2014.

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