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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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Shell sets world record for deepest subsea oil and gas well in Perdido Development: 9,627 feet in Gulf of Mexico

Green Car Congress

miles) below the water’s surface, is located in the Tobago Field 200 miles southwest of Houston in the ultra-deep water of the Gulf of Mexico. Moored in about 8,000 feet of water, the Perdido regional DVA (direct vertical access) spar is the deepest spar production facility in the world. The well, at 9,627 feet (2,934 meters, 1.82

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Greenland grants exploration and exploitation licences in the Arctic Greenland Sea to three consortia

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Chevron, GreenPex, Shell and NUNAOIL are awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 9 (“Umimmak”). It is with great pleasure, I note that we were able to attract the largest oil companies in the world to explore for oil and gas in our area. Source: NUNAOIL.

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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

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in about 4,500 feet (1,371 meters) of water. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% The facility was designed to process 80,000 barrels of oil and 60 million cubic feet of gas per day. The prospect is operated by Chevron USA Inc., BP maintains a 60.5%

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

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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The View From Here Today

Creative Greenius

Meanwhile our long term drought, now its its third year with no end in sight, means less available water to fight the fires with. And this summer it also means we’re experiencing mandatory water rationing that restricts our landscape watering to two days a week and forces other cutbacks in water use across the board.

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Rice University Study and Policy Paper Find US Biofuels Policies Flawed, Recommend Fundamental Overhaul

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Chevron Technology Ventures and the Institute for Energy Economics of Japan provided support for the study. “We Legislation giving biofuels preferences on the basis of greenhouse gas benefits should be avoided. We need to set realistic targets for ethanol in the United States instead of just throwing taxpayer money out the window”.

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