Chevron
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Falling costs and breakeven prices, increased operational efficiencies, and favorable government policy are at the heart of a potential short-term boon in Gulf of Mexico production.
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The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.
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The two supermajors and offshore powerhouses are assessing the latest Gulf of Mexico discovery.
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The president of Chevron Technology Ventures discussed how startup companies can fill the gaps in a rapidly changing technological ecosystem, and Chevron's mechanisms to understand the role startups can play in its operations.
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Total is increasing its stake in the US Gulf of Mexico after buying shares of promising prospects from Chevron.
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Sensor systems for pipeline inspections from Ingu and Rheidiant are among the initial selections to receive funding under Chevron’s CTV Catalyst Program.
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A panel of executives, project managers, and government regulators involved with the Mad Dog project in the US Gulf of Mexico discuss the importance of collaboration and strategic alignment in project development.
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Shale explorers in Argentina are reporting that improving performance and activity is set to rise this year to boost the country’s gas production.
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Short-cycle projects allow owners and operators to stay financially stable while preserving the production infrastructure and capacities needed to expand quickly when oil prices improve.
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Much of the new technology development occurring now is aimed at finding better ways to sever the thick, tough steel structures and wellheads so that they can be removed.