Remove Chevron Remove Cost Of Remove Engine Remove Oil-Sands
article thumbnail

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

Chevron 244
article thumbnail

Canada and Alberta to Invest C$865M in Athabasca Oil Sands Carbon Capture and Storage Project

Green Car Congress

The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oil sands. The total cost of the project is projected to be C$1.35 The project will capture and store up to 1.2 billion (US$1.28

Oil-Sands 186
article thumbnail

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Think Global managers want to develop the car plant and launch an engineering center, perhaps alongside. I wonder how the hapless car buyers without the PhD’s in engineering are going to deal with all of this? This is a much bigger call than choosing VHS over Betamax, because owning a dead end technology could cost you $50,000.