HomeScience Discipline Business and Economics

Business and Economics

Explorer Emphasis Article

Put pressure on the United States to increase oil and natural gas production and the burden mainly falls on unconventional resources. Will operators be up to the challenge? Near-term projections call for U.S. oil output to grow by 1 million barrels per day. A difficult operating environment will make that increase a struggle, but the very nature of unconventionals offers cause for optimism.

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

In February, TotalEnergies announced a significant light oil discovery in the Orange Basin, offshore Namibia. Reuters reported a source suggesting that the Venus-X1 well may have found more than 1 billion barrels of oil equivalent. This was the second significant discovery announced in the basin that month. The offshore continues to deliver new oil and natural gas discoveries worldwide. And as this issue hits your inbox, the offshore is the primary topic of discussion in Houston as the 2022 Offshore Technology Conference returns to NRG Park from May 2-5.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Located in the Orange Basin, along the passive west coast of the continental margin that straddles the borders of South Africa, there has been a discovery of an oil province in Namibia – the offshore Graf and Venus fields – that likely contains billions of barrels of oil resources. That’s according to Robin Sutherland, an exploration manager for Monitor Exploration, a UK-based private exploration company involved in oil and gas exploration in Africa. Of equal importance, he said, is the recent drilling by ReconAfrica, which “clearly proves” that the Ovambo Basin, a large pre-Cambrian basin in the far north of Namibia, is oil bearing with very significant potential. “Both of these events represent major changes to our understanding of the potential of Namibia,” said Sutherland.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

These days, more uncertain than the price of gas, especially with the announcement last month from the administration to ban the import of Russian oil and gas, combined with the European Union’s decision to cut imports by 80 percent, is the question of whether the world will get the energy it needs – and who will provide it. To that end, it’s worth considering what conventional oil and gas reservoirs here in America can be drilled and placed online quickly to help fill that need.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

Geoscientists and industry leaders throughout the world are preparing for the International Conference and Exhibition Cartagena 2022, AAPG’s flagship international event taking place in Cartagena, Colombia, April 19-22. Held for the last time in Buenos Aires in August 2019, ICE returns to Latin America after a three-year break imposed in part by the COVID-19 pandemic.

American Association of Petroleum Geologists (AAPG)
Explorer Article

For Colombia’s National Hydrocarbon Agency and national oil company Ecopetrol, now is the perfect time to seek opportunities in a country providing diverse geological potential, a prepared workforce and contractual stability. They believe that Colombia is that country, and they are prepared to make their case as principal sponsors and hosts of AAPG’s International Conference and Exhibition taking place in Cartagena April 19-22.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Russia’s military action against Ukraine forced the Western world to face some hard truths about that country’s powerful position in world energy markets. In Europe, the invasion produced worry about possible disruptions in vital energy imports. In the United States, it led to calls for a stronger American oil and gas sector with increased government support. Beyond the volatile up-and-down swings in energy prices immediately following the onset of the Ukraine war, concerns emerged that the incursion could have an unbalancing effect on world markets for years to come.

Show more
American Association of Petroleum Geologists (AAPG)
Explorer Article

The energy transition has been getting so much press that a hypothetical visitor from Mars could be forgiven for believing it will be completed “by next Tuesday.” Some universities and organizations are dropping any mention of petroleum in the interest of appearing forward-looking. We see this as timely folly based on a lack of historical perspective. History shows that energy transitions are lengthy and complicated. They never follow a prescribed path; they wander down dead-ends and evolve with pragmatic solutions unforeseen today.

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

Asia’s increased appetite for natural gas ranks as one of the most important global energy stories of the past 10 years, and one of the most often overlooked. It appears likely to drive Asian exploration and energy trading for the near future.

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

Last month I wrote about the substantial increases in E&P investment necessary to ensure the availability of oil and gas supplies in the future to reduce price volatility and enhance global energy security. I drew on the analysis in a recent report of the International Energy Forum and IHS Markit. Business activity and investment in E&P remains on my mind this month, as I look forward to the upcoming NAPE Summit, from Feb. 8-11, at the George R. Brown Convention Center in Houston.

Show more
American Association of Petroleum Geologists (AAPG)
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)
Webinar
Virtual Webinar
Thursday, 30 July 2020, 8:00 a.m.–10:00 a.m.

Hear panelists’ views on how COVID-19 has affected the legal, financial and technological sectors of the energy industry and what they expect for the future. Topics include energy markets, public policy, infrastructure, transportation, corporate culture, digitalization and the energy transition. Send questions and comments for speakers, then make your voice heard in virtual roundtables opening 10 minutes after the panel discussion. Forum registration is free of charge thanks to support from our sponsors. Forum Registration

Show more
American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Friday, 1 November 2013, 12:00 a.m.–1:00 a.m.

This presentation demonstrates how 3D seismic data will contribute significantly to the understanding of the Marcellus.

American Association of Petroleum Geologists (AAPG)
Online e-Symposium
Thursday, 19 August 2010, 12:00 a.m.–12:00 a.m.

This presentation will show where there are cases of missing sections, but none of them can be attributed to normal faulting.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Saturday, 3 October 2020, 8:00 a.m.–9:00 a.m.

Join us to hear KB Trivedi,  Petroleum Geologist, discuss the paradigm of sequence stratigraphy has it enters a new phase. Webinar will be presented via Zoom on 03 October 2020, 8:00 am CST

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 3 December 2020, 11:00 a.m.–12:00 p.m.

Patawarta Diapir, approximately 2-6km2 located in the Central Flinders Ranges, South Australia, has been interpreted as a single allochthonous salt sheet containing Tonian-aged igneous and layered evaporite sedimentary intrasalt inclusions derived from the Callanna Group. In this webinar, Rachelle Kernen describes the diapir as five primarily silty limestone inclusions (0.5-2km2), re-interpreted as Ediacaran-aged Wonoka Formation and Patsy Hill member of the Bonney Sandstone (Wilpena Group). Webinar presented Thursday 3 December 2020 at 11:00 SGT (GMT+8) Singapore time

Show more
American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 1 October 2020, 11:00 a.m.–12:00 p.m.

Join AAPG Asia Pacific to hear Agus Ramdahn, PhD to hear about a method of combining Bowers Method with density-sonic cross plots to estimate overpressure in the shelfal area of the Lower Kutai Basin This webinar will be presented via Zoom on Thursday 1 October at 11:00 Singapore Time

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)
Online Traditional Course
Wednesday, 1 January 2014, 12:00 a.m.–1:00 a.m.

Learn to critically evaluate current issues that can impact growth and sustainability of oil and gas ventures.

American Association of Petroleum Geologists (AAPG)
Webinar
Virtual Webinar
Thursday, 8 October 2020, 3:00 p.m.–4:00 p.m.

Join us as Doug Peacock discusses how changes in oil price impact reserves in theory, and with practical industry examples. Presentation will be via Zoom on Thursday 8 October 15:00 SGT (UTC+8) Singapore time zone

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.

Show more

Request a visit from Sherilyn Williams-Stroud!

American Association of Petroleum Geologists (AAPG)

Related Interests

See Also ...