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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.,

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More Job Losses Coming To US Shale

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With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. But with rising negative sentiment pertaining to oil prices, is U.S.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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In a report comparing advances in combustion engines, biofuels, electrification and other technologies, Accenture warns that the commercial viability of those disruptive technologies will be delayed unless regulators more proactively support the transformation of science into applied technologies. Next-generation agriculture.