Remove Oil Remove Oklahoma City Remove Production Remove Resource
article thumbnail

GE, Devon sign new technology collaboration agreement to drive unconventional resources innovations

Green Car Congress

GE Oil & Gas and energy exploration and production company Devon Energy signed a new technology collaboration agreement (TCA) to drive innovations that will enhance the performance and economics of unconventional oil and natural gas projects as the demand for energy grows worldwide.

article thumbnail

GE to invest $110M in new Oil & Gas Global Research Center in Oklahoma

Green Car Congress

General Electric will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. Unconventional resources, and shale gas in particular, may be one of the biggest productivity drivers of our lifetime.

Oklahoma 225
article thumbnail

DOE Awards Up to $6.9M to Nine Projects for Shale Gas and Coalbed Methane Production

Green Car Congress

The Office of Fossil Energy’s National Energy Technology Laboratory (NETL) has selected nine new projects targeting environmental tools and technology for shale gas and coalbed methane (CBM) production. Ground Water Protection Research Foundation, Oklahoma City, Okla. The total proposed value for all selected projects is $10.2

Gas 210
article thumbnail

Chesapeake selling Permian and midstream assets for $6.9B; Chevron, Shell and EnerVest acquiring Permian assets for combined $3.3B

Green Car Congress

of Chesapeake’s production during the quarter. Chesapeake Energy Corporation is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the US. Jefferies & Company, Inc. and Goldman, Sachs & Co. —Aubrey K.

Chevron 225