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October 2001

Acts of Terrorism Will Bring Changes, Impact To Industry

This report is being written on Attack Day plus three. An already fast-moving world began changing at warp speed on 9/11.

Wilson to Receive Powers Award

James Lee Wilson, educator and retired research geologist for Shell Oil, has been named the 2002 recipient of the Sidney Powers Memorial Award, heading the list of those being honored this year by the Association.

Vice President 2002-03

Here are the responses from the Vice President 2002-03 candidates.

APPEX a Big Hit With Explorers

AAPG's inaugural Prospect and Property Exposition(APPEX) proves to be a huge hit -- and sequels already are planned.

Research Takes Practical Turn

Life was fairly predictable prior to 1973, Texas State Geologist Scott Tinker noted during a "power lunch" presentation at the recent APPEX event. Then the Arab oil embargo hit, triggering the first major energy price spike.

New Technologies Reducing Risk

There was a virtual smorgasbord of invaluable information disseminated to the SRO audience during the Dealmakers segment of the recent, highly-successful AAPG Prospect and Property Expo (APPEX) meeting in Houston. Presentations covered a plethora of topics, including capital sourcing, A&D market conditions, establishing a toehold overseas and more.

Emphasis: Gulf Coast

U-Boat Find in Gulf Corrects History

Submarine Sighting: Undersea geosurvey team find Nazi u-boat and its target.

Destin Dome Has New Objectives

It's been through the best of times, the worst of times and the most uncertain of times. Amazingly, Destin Dome is still a big, tantalizing part of the industry's GOM strategy.

Unique Deal Grows Company

The Gulf of Mexico is the only focus for Houston-based Spinnaker Exploration, which was founded in 1996 with the mission to explore the Gulf using vast, regional 3-D seismic data sets.

New Turn Takes Company to Gulf

Nexen Petroleum USA took a different road to the Gulf of Mexico.

Finding Their Niche In Gulf Waters

Tale of Two Independents: Finding their niche proved to be profitable in the Gulf.

Market Value? Who's Market Value?

Seismic fees in Louisiana continue to be a thorny issue that keeps the administration and oil and gas interests at odds with one another on an ongoing basis.

Incentives to Sweeten the Deep Deal

The deep water Gulf of Mexico will continue to be the premier exploration province in the United States for years to come -- but the deep water is not the Gulf's only prospective region.

Gulf Tops OCS Sale Schedule

The Minerals Management Service has once again set a new five-year outer continental shelf leasing program and -- surprise, surprise -- the Gulf of Mexico remains the jewel in the U.S. offshore crown.

Standing Columns

President’s Column

Independents Love Endearing Terms

We had a fantastic AAPG Property and Prospect Expo in Houston in August. Geologists were aggressively making deals left and right, and I had several e-mails before I got back to Denver telling me of prospects sold and bought.

Geophysical Corner

Better Resolution Or Coincidence?

Many attempts have been made throughout the history of modern seismic to image thin beds (<1/4 of dominant wavelength) by extracting higher frequencies from seismic. In addition to simply imaging zones below normal resolution, two of the more common goals to aid in reservoir development are: to define pinch-outs of producing zones and to resolve internal bed geometries.

Business Side of Geology Column

Have E&P Cake -- And Eat It, Too

What's the most effective way to organize an E&P outfit?

October 2001

Table of Contents

Emphasis: Gulf Coast

Standing Columns

News & Features

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