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The AAPG/Datapages Combined Publications Database
Houston Geological Society Bulletin
Abstract
Abstract: The Future of
Petroleum
Geology
Petroleum
GeologyBy
The earth sciences of geology, geophysics and
petroleum
engineering
will continue to provide professionals with
attractive career opportunities for the foreseeable future.
"
Petroleum
geology" incorporates skills from each of those
sciences, supported today with extraordinary computer
technology.
Petroleum
geology, as an applied science, will have a
critical role in domestic and international affairs as long as
society needs access to
petroleum
and as long as supplies of
this diminishing resource exist. But the obstacles to the
application of
petroleum
geology for the benefit of mankind
are continually being changed.
- A few years ago, it was postulated that the world was running out of oil and gas.
- Then it was predicted that oil and gas would soon be replaced by fuels from "renewable resources."
- The current problem seems to be that oil and gas activities - from exploration to consumption - are regarded by some as environmentally unacceptable.
The other side of the coin is that our society continues to demand access to these convenient and low-cost fuels, and much of the world is struggling to gain a Western standard of living - including peoples suffering from the impoverished lifestyles of centrally planned economics and those living in primitive third world countries.
The professional oil finders in the industry have never
worried that "the world is running out of
petroleum
." Their
problem has always been whether their products could
command prices that would offset their acquisition costs.
Citizens with even a high school understanding of physics
were never deceived into thinking that alternate energies
would be cheap, and the general public is beginning to see
through the emotionalism of "environmania."
Petroleum
geologists and their counterparts in related
disciplines are making spectacular progress in extending
the life of the
petroleum
age. They will give society time to
develop other energy sources during the next century. The
corporate organizations in the
petroleum
industry are
continually re-forming themselves to optimize the marriage
of human talent and capital investment to achieve economic
performance and they are making extraordinary progress in
their efforts to conduct their business in an environmentally
responsible manner. The public is beginning to recognize
that some of the anti-oil media serves special interest groups
with different agendas from those of us who do real work for
a living.
When the public demands it, we will get a national
energy policy that establishes a strategy that, in addition to
conservation, will permit society to enjoy benefits derived
from a "Future of
Petroleum
Geology."
End_Pages 38 and 40---------------