Chevron

The objective of this study was to establish an efficient optimization work flow to improve vertical and areal sweep in a sour-gas injection operation, thereby maximizing recovery under operation constraints.

Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.

The Permian Basin was the site of a recent visit by a Reverse Trade Mission on Advanced Technologies for Methane Abatement sponsored by the US Trade and Development Agency. Chevron hosted the delegation at both its Midland and Houston locations.

The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.

The operator had been in communication with government about the future of the permits since 2020.

The nation set to offer 14 offshore blocks in April.

The appraisal results are not enough to push development forward.

This paper describes how a surveillance, analysis, and optimization plan was used to resolve subsurface uncertainties and optimize a reservoir development plan and provides lessons learned and best practices.

Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.

Crude output from the country is now less than 15,000 B/D.