article thumbnail

Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

Green Car Congress

Chevron Corporation has sanctioned development of the Jack/St. The initial development of the Chevron project will require an investment of approximately $7.5 Malo fields are estimated to contain combined total recoverable resources in excess of 500 million oil-equivalent barrels. Chevron, through its subsidiary Chevron USA Inc.,

Chevron 199
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

US DRIVE releases comprehensive cradle-to-grave analysis of light-duty vehicle GHGs, cost of driving and cost of avoided GHGs

Green Car Congress

The study provides a comprehensive lifecycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. Levelized cost of driving (LCD). Resources.

Cost Of 150
article thumbnail

Western Lithium Commences Additional Drilling in Nevada to Support Long Term Lithium Carbonate Production

Green Car Congress

According to the original Chevron data, the Stage II lens is approximately seven times larger than Stage I lens, so only a portion of the lens will be drilled at this time. National Instrument 43-101 is a mineral resource classification scheme used for the public disclosure of information relating to mineral properties in Canada.

Nevada 199
article thumbnail

Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. . Levelized cost of driving for current (2015, dark bars) and future (2025–2030, light bars) technology pathways.

article thumbnail

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

Green Car Congress

The province signed a Letter of Intent with Shell Canada Energy, on behalf of the Athabasca Oil Sands Project—a joint venture among Shell Canada (60%), Chevron Canada Limited (20%) and Marathon Oil Sands L.P. (20%)—to The total cost of the project is projected to be C$1.35 Two injection wells are in the test phase until early 2010.

Oil-Sands 186
article thumbnail

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

Coal 210