Green Car Congress
JUNE 23, 2011
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.,
Green Car Congress
JUNE 27, 2018
A GlobalData analysis of recent wells for 26 operators in the Permian basin indicates a break-even oil price range from US$21 to US$48 per barrel with lateral lengths ranging from 4,500 ft to 10,500 ft. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.
Green Car Congress
JULY 22, 2015
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.
Green Car Congress
AUGUST 9, 2016
Expanding into an area outside of the oil supermajors’ expertise is risky—batteries are a hard business to win even for industry veterans—but action is key as transportation and the grid increasingly march toward more electrification, Lux suggests.
Green Car Congress
DECEMBER 19, 2010
Authored by David Gardiner and Associates, the Ceres-commissioned report recommends that investors closely scrutinize their portfolios for exposure to these projects and press companies leading the ventures to provide better disclosure on wide-ranging risks and steps for managing such risks.
Green Car Congress
NOVEMBER 10, 2009
Will be competitive at an oil price of $45 to $90 at their commercial date. There are many players, and the oil industry (including Shell, ExxonMobil, BP, Valero and Chevron) is looking at a range of methods to eliminate steps in the process to reduce complexity and cost.
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