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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. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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IHS Markit research estimates 60B to 70B barrels remain in Permian basin; headed for a second peak

Green Car Congress

When a geologist looks for new oil reserves, we typically go back to geologic targets where we know oil was targeted and produced previously, and in a well file, we call those targets the producing or completion formations.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Vehicle to Grid (V2G) technology is a bi-directional electric grid interface that allows a plug-in to take energy from the grid or put it back on the grid. Smart Grid City will use a realtime high-speed two-way communication throughout the distribution grid. Smart meters and substations will be integral.

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