Announcements

It is not an understatement that the effect of the Covid-19 virus has helped crash global oil prices, unleashing economic havoc and disruption on governments, companies, universities, and individuals alike. The associated shutdown of every day activity, coupled with low demand and over supply, has taken oil commodity prices to places that have not been seen before. Currently there is a deep concern about the future as it relates to our geoscience community by many of our GSA members. “Weathering the Storm” is a framework presentation and discussion that attempts to put in perspective the severity of the current 2020 energy crisis and what one might do now to plan for the future. The crisis of 2020 is just one of eight previous economic storms that have occurred between 1970 and 2020. As geoscientists, we identify the downturns as economic sequence boundaries that have happened multiple times over a 40-year period during the course of our collective careers. The presenters, who are global energy experts and GSA members, will share their experiences in a historical look back about what they did to survive the previous storms and how they managed to continue their careers, and even thrive, during times of trouble. Top 10 tips will be offered as “Things to Consider” and “How to Prepare” during the current downturn. Special emphasis will be given on some of the bright opportunity areas and technology changes that will emerge, making us and our profession more resilient to future storms.

Presenters
Reginal W. Spiller, Azimuth Energy Investments LLC
Michael J. Carroll, Formerly Hunt Oil Company

Co-Author
Dr. John Thomas Leftwich, Jr., Formerly Exxon, Shell, & Halliburton