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Business and Economics

Explorer Article

A ransomware cyberattack on the Colonial Pipeline in May brought a short-term disruption of gasoline supplies to the East Coast of the United States. Experts warned the assault has longer-term implications for the oil and gas industry, and for the nation’s critical infrastructure. Following the attack, government agencies quickly vowed to strengthen the nation’s cybersecurity efforts. But the great majority of U.S. energy supply – more than three-quarters, by many estimates – is in the hands of private industry. The Colonial incident “reflects a historically lax cybersecurity culture in the oil and gas industry.”

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American Association of Petroleum Geologists (AAPG)
Explorer Article

Throughout the past decade, Brazil’s pre-salt basins and giant deepwater oil discoveries have brought significant attention to the country and to the offshore South Atlantic. Though operating in the Brazilian pre-salt play promises billions of barrels of oil, it also requires billions of dollars in investment and technology, something just a handful of companies can bring to the table. While Petrobras and international companies focus their attention on the Brazilian offshore, a handful of Brazilian companies and foreign investors have focused inland, where they are quietly starting Brazil’s onshore revolution.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

In North America’s history of building pipelines to transport oil, natural gas and petroleum products, somewhere along the way, the process became political. By pulling the presidential permit on the Keystone XL pipeline, President Joe Biden sent a powerful message: Even if a pipeline benefits citizens and trade relations with important allies, and even if it has met or exceeded design and regulatory requirements and secured community support, its fate can ultimately be determined by a whim.

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American Association of Petroleum Geologists (AAPG)
Delegates Voice Article

Steve Brachman, HoD chair, examines the House of Delegates with regard to its expenditures, revenue generated, as well as its functions and benefits to AAPG.     

American Association of Petroleum Geologists (AAPG)
Explorer ProTracks

Like many of my age cohort, I often listen to podcasts on my daily commute to work. One of my favorites is Motley Fool’s “Rule Breakers,” a stock market-oriented podcast by David Gardner. One of the common refrains he uses to describe his stock-selecting philosophy is that he looks for “dark clouds I can see through.” The premise is simple: if a company has been beaten down for a good reason, but you have line of sight on that issue being resolved, there exists an opportunity to acquire at a good value and profit from the recovery. Can we see through the dark clouds that hang over the industry today, to a brighter future?

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

How are you doing? I was telling a friend recently that I feel like Sylvester Stallone’s Rocky Balboa in the boxing ring. We’ve reached the final round, and I’m battered and bruised, my sharp jabs and uppercuts replaced by exhausted flailing. The big question – the only question – is whether this is the first fight of the film where I end up face down on the canvas, or whether it’s the second with the referee lifting my gloved hand into the air as Bill Conti’s film score soars. How about you? As the months of this pandemic drag on, how are you doing? It turns out there’s a name for what many of us are feeling these days.

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American Association of Petroleum Geologists (AAPG)
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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American Association of Petroleum Geologists (AAPG)
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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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In the quest to reach net-zero emissions of energy-related carbon dioxide by 2050, a longtime goal of the United States, other world governments and energy agencies, no one is even close to achieving it. Despite 2020’s largest decline in emissions as a result of less energy usage during the COVID-19 pandemic, the EIA anticipates “a rapid rebound in energy demand and emissions” this year. Furthermore, they project that by 2050, U.S. energy-related emissions will be 5-percent higher than 2020 levels. Although it looks unlikely, net-zero carbon emissions by 2050 is possible, according to at least one notable expert within AAPG, but not without a strong reliance on nuclear energy.

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American Association of Petroleum Geologists (AAPG)
Explorer Article

When the Biden administration effectively canceled the Keystone XL Pipeline as a first order of business in January, environmentalists all over North America celebrated a major victory. “There was no magic to how we beat the Keystone XL Pipeline – it was grit, shared leadership and never forgetting who and what we were fighting for,” said the chair of the Nebraska Democratic Party. But did they really know what they were fighting for?

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 3 June 2020, 7:00 p.m.–8:30 p.m.

Join us for 'Analytics-Based Opportunities in Double Black Swan Times' where we will discuss the steps companies are taking, business considerations in cross-industry analytics -start-ups to majors, analytics agility in a double black swan world, enabling the workforce to utilize and exploit data remotely using the cloud and machine learning. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 3 June 2020.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 31 October 2023, 12:00 p.m.–1:00 p.m.

Mississippian strata in the Ottawa County, Oklahoma, within the Tri-State Mining District, are a well-known hosts to MVT lead and zinc ore deposits. They are also important to our understanding of the geological story of the southern midcontinent. Join us for a virtual float trip down the Spring River in northern Oklahoma. We will explore the Middle Mississippian (Visean; upper Osagean-lower Meramecian) strata of the Boone Group as exposed in roadcuts, quarries, and natural outcroppings across Ottawa County in northeastern Oklahoma.

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American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 19 May 2011, 12:00 a.m.–12:00 a.m.

This e-symposium presents and discusses the results of laboratory tests and research relating to determining shale prospectivity in general, and specifically in the Black Warrior Basin, Alabama.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 16 February 2012, 12:00 a.m.–12:00 a.m.

This presentation describes a proven workflow that uses a standard narrow azimuth 3D seismic, conventional logs, image logs and core data to build five key reservoir properties required for an optimal development of shale plays.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Wednesday, 26 May 2021, 7:00 p.m.–8:30 p.m.

Join us for 'Pivoting 2021: Imaging Technologies'. Panelists will discuss new ways to acquire data that is then processed into interpretable images, and they will discuss the technologies as well as the techniques. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 26 May 2021.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 4 October 2012, 12:00 a.m.–12:00 a.m.

Effective hydraulic fracture stimulation is critical for shale development, and microseismic is the only technology able to map the growth of these hydraulic fracture networks.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 10 May 2012, 12:00 a.m.–12:00 a.m.

Recognition and Correlation of the Eagle Ford, Austin Formations in South Texas can be enhanced with High Resolution Biostratigraphy, fossil abundance peaks and Maximum Flooding Surfaces correlated to Upper Cretaceous sequence stratigraphic cycle chart after Gradstein, 2010.

American Association of Petroleum Geologists (AAPG)
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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American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 21 May 2020, 9:00 p.m.–10:00 p.m.

Henry W. Posamentier discusses the application of 3-D seismic stratigraphic analyses to the mitigation of risk associated with lithology prediction prior to drilling – workflows and techniques. Principles and workflows of seismic stratigraphy and seismic geomorphology will be discussed and numerous examples will be shown from a variety of different depositional settings.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Tuesday, 2 June 2020, 6:00 p.m.–7:00 p.m.

Visiting Geoscientist Xavier Moonan provides an overview of the destruction in the Los Iros area following the 6.9 magnitude earthquake that hit Trinidad and Tobago in 2018. His talk focuses on understanding the results from various post-earthquake studies conducted on the Los Iros, reviewing the theories developed to explain the origin and integrating datasets to provide an understanding of what transpired.

American Association of Petroleum Geologists (AAPG)
DL Abstract

Climate change is not only happening in the atmosphere but also in the anthroposphere; in some ways the former could drive or exacerbate the latter, with extreme weather excursions and extreme excursions from societal norms occurring all over the earth. Accomplishing geoscience for a common goal – whether that is for successful business activities, resource assessment for public planning, mitigating the impacts of geological hazards, or for the sheer love of furthering knowledge and understanding – can and should be done by a workforce that is equitably developed and supported. Difficulty arises when the value of institutional programs to increase equity and diversity is not realized.

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Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

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