Explorer Article

 

The current downturn in the oil and gas industry slammed into parts of the United States like a locomotive. For many oil and gas-producing states, the impact was immediate and substantial. But for U.S. cities hit by the industry’s troubles, it’s been more of a slow-motion train wreck.

American Association of Petroleum Geologists (AAPG)
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With Shell abandoning its exploration plans in the Chukchi Sea in September and Statoil following suit in November, many might believe that the North Slope Basin off the northern coast of Alaska has been condemned. Yet those who have put decades into studying the geology of Alaska’s North Slope and Outer Continental Shelf believe the opposite.

American Association of Petroleum Geologists (AAPG)
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Explorer Emphasis

 

The recent and apparently large oil discoveries on Alaska’s North Slope by Caelus Energy Alaska and Armstrong Oil & Gas, Inc. and its partner Repsol have shown the world that giants may still exist in the 49th state. And, more might be waiting to be found.

American Association of Petroleum Geologists (AAPG)
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By one measure, 2016 shaped up to be the worst time for international oil and gas discoveries in years. By another, last year looks like the worst for international oil additions in decades.

American Association of Petroleum Geologists (AAPG)
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In an industry downturn, companies tend to focus on ways to develop new technologies. Some of these technologies include drones, autonomous underwater vehicles, robotics in operations and advanced analytics.

American Association of Petroleum Geologists (AAPG)
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Can the oil and gas industry innovate its way out of a dismal period for exploration? And just how bad is the global exploration picture?

American Association of Petroleum Geologists (AAPG)
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While many are working to forecast when the price of oil might reach $80 a barrel again, renowned international strategist and geopolitical analyst Peter Zeihan, the author of “The Accidental Superpower,” predicts in stunning detail the rising and declining energy plays of 2025 and the countries that will ultimately triumph as the world’s leading producers.
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Explorer Policy Watch

 

The 114th Congress accomplished few of its oil and gas-related legislative goals, in spite of the fact that Republicans, who generally support fossil fuel development, held the majority in both the House and Senate – the first time since the 109th Congress (2005-07).

American Association of Petroleum Geologists (AAPG)
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Arctic energy is in the news as summer steams into Washington, D.C. Major issues include the midpoint of the two-year U.S. chair of the Arctic Council; public campaigns for and against including the Beaufort and Chukchi Seas in the 2017-22 offshore oil and gas leasing plan; and plans for the United States to build the first heavy icebreaker in 40 years.

American Association of Petroleum Geologists (AAPG)
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Three outer continental shelf (OCS) oil and gas issues were prominent in 2015 policy debates and will continue in the policy limelight in 2016 as the federal government moves to release final versions of the permits, plans and rules.

American Association of Petroleum Geologists (AAPG)
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