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The Leading Edge; September 2002; v. 21; no. 9; p. 886-893
© 2002 Society of Exploration Geophysicists
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Why oil and gas R&D?

David M. Weinberg

Idaho National Engineering and Environmental Laboratory, Idaho Falls, U.S.

Corresponding author: weinbe@inel.gov

Editor's note: The views expressed in this paper are those of the author and in no way are meant to represent those of the U.S. Department of Energy (DOE), the management of BBWI nor of any part of the Idaho National Engineering and Environmental Laboratory (INEEL), nor do they necessarily reflect the opinion of the AAPG Research Committee, nor of the individual speakers at the AAPG 2002 Future of Petroleum Research session.

The first 20% of the full text of this article appears below.

At the suggestion of the AAPG Research Committee, a session of invited papers was held at its 2002 Annual Meeting to address the future of petroleum R&D. The seven speakers represented federal and state agencies, academia, and the private sector (Table 1).


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  		Table 1. Authors, affiliations, and titles of papers presented at the AAPG Research Session on the Future of Petroleum Research and the 2002 Annual Meeting in Houston, Texas.

 
One message derived from this forum is that petroleum-industry-related R&D is likely to be in its worst shape ever, at least within the United States. Additionally, the collective wisdom of this group stated in various ways certain other related problematic issues such as: (1) the nearly insatiable appetite and need the petroleum industry has for new technology, (2) the added value of R&D is seen only retrospectively (both cost-cutting technologies and reserve-adding technologies) rather than predictively, (3) the "trickle-down" value of R&D previously driven by the major companies to the smaller independents and even independent operators, and (4) the lack of students in science and engineering who will remain to pursue research careers. While the speakers primarily focused on these issues within the United States, subsequent to the AAPG meeting, the author received a query from the other side of the globe for any advice or "words of wisdom" that may have been given at the session.

It is not the purpose of this paper to summarize the seven papers presented. Rather, the hope is to inform the curious why the current "R&D situation" (1) is important to the energy security of both producing and consuming countries, and (2) is affecting the ability of the energy industry to supply the demands that will be placed on it over the near-term (for the purposes of this paper, the next 25–50 years) . . . [Full Text of this Article]






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