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(CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015. —Steve Oldham, CEO of CE.
Chevron’s Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil. Papa-Terra has installed capacity to produce 140,000 barrels of heavy crude per day; the project is estimated to recover 380 million barrels of oil.
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. Source: Chevron. Data: California DOGGR.
Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.
Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. The well is located approximately 216 miles (348 km) off the Louisiana coast in 6,759 feet (2,060 meters) of water and was drilled to a depth of 31,545 feet (9,615 meters). The Keathley Canyon Block 736 Well No.
Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Chevron’s Jack/St. Chevron has a working interest of 51% in the St. This is the first development well in the St.
Chevron Technology Ventures, a division of Chevron USA Inc. that identifies, evaluates and demonstrates emerging technologies, launched a demonstration project to test the viability of using solar energy to produce oil. The resulting steam is injected into oil reservoirs to increase oil production. Earlier post.)
Chevron Corporation’s Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. Located 15 miles (24 km) offshore Cabinda province in 200 feet (60 m) of water, the Mafumeira Sul project is the second stage of development of the Mafumeira Field located in Block 0.
Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. Chevron and lignin for fuels. Chevron says tests have shown that this produced water does not inhibit the lignin conversion. Earlier post.)
Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. Malo production facility operated by Chevron USA Inc.
CH utilizes water to reduce hydrogen and catalyst consumption and quickly and inexpensively converts plant oils into stable intermediate oil products which are very similar to petroleum crude oil. Aemetis, Inc., In May of this year, CLG joined ARA’s ReadiJet Alternative Fuel Initiative for drop-in biofuels.
Chevron Brasil Upstream Frade Ltda is responding to oil seeps and a subsequent sheen that has occurred in the vicinity of the Chevron-operated Frade project located 370 kilometers (230 miles) offshore north east of Rio de Janeiro, Brazil in water depths of approximately 1,200 meters (3,800 feet).
Source: Chevron. Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation, will proceed with the development of the large Gorgon natural gas project offshore Western Australia. billion barrels of oil (boe). Chevron Chairman Dave O’Reilly. Source: Chevron. Map showing an overview of the Gorgon Project.
Chevron Corporation has sanctioned development of the Jack/St. Malo fields are located within 25 miles (40 km) of each other approximately 280 miles (450 km) south of New Orleans, Louisiana, in water depths of 7,000 feet (2,100 m). The initial development of the Chevron project will require an investment of approximately $7.5
Chevron Corporation has sanctioned development of its $4-billion Big Foot project in the deepwater US Gulf of Mexico. Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m).
Chevron Corporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. Chevron subsidiary Chevron USA is the operator, with a 55% working interest in the Anchor prospect.
an advanced fuels and renewable chemical company, signed an expanded, global license agreement with Chevron Lummus Global (CLG) for the production of renewable jet and diesel fuel by the conversion of existing biofuels and petroleum refineries. —Leon de Bruyn, Managing Director of Chevron Lummus Global. Aemetis, Inc.,
Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. miles) below the water’s surface, is located in the Tobago Field 200 miles southwest of Houston in the ultra-deep water of the Gulf of Mexico. Perdido produced its first oil and gas on 31 March 2010.
Twelve of Canada’s oil sands producers have formed a new alliance, Canada’s Oil Sands Innovation Alliance (COSIA), focused on accelerating the pace of improving environmental performance in Canada’s oil sands through collaborative action and innovation. The released water is recovered and recycled.
bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%
Chevron Lummus Global (CLG), a 50-50 joint venture between Chevron Products Company and Lummus Technology, has joined ARA’s ReadiJet Alternative Fuel Initiative to develop drop-in biofuels. ARA scientists developed the CH PROCESS using high temperature water to create biocrude. Earlier post.). Overview of the ReadiJet process.
Chevron announced that crude oil and natural gas production has begun at the ultra-deepwater Jack/St. With a planned production life of more than 30 years, current technologies are anticipated to recover in excess of 500 million oil-equivalent barrels. Malo Oil Export Pipeline, and then onto refineries along the Gulf Coast.
GE Oil & Gas will supply three customized aeroderivative gas turbine-generator modules to provide reliable electric power for a new Chevron floating production unit that will produce oil and gas from the Jack and St. Chevron’s initial development of the Jack and St. The LM2500+G4. The LM2500+G4 is rated at 36.3
To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.
The Pacific Santa Ana , a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. It does not matter if the water depth is 5,000 feet or 15,000 feet, should the riser become disconnected, the well will be dead.
Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. in about 4,500 feet (1,371 meters) of water. The prospect is operated by Chevron USA Inc., BHP Billiton has a 23.9% Earlier post.)
Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. The field is estimated to produce for 30 years, with average production of around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. In addition a jack-up rig will be used for the first 4–5 years.
Chevron Corporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) Chevron has acquired an interest in Tiber and Gila from BP. Chevron, BP and ConocoPhillips already held interests in the Gibson prospect. Malo project.
Clathrate hydrate formation and subsequent plugging of deep-sea oil and gas pipelines represent a significant bottleneck for deep-sea oil and gas operations. — Methane hydrates can freeze upon contact with cold water in the deep ocean, are a chronic problem for deep-sea oil and gas wells. Resources.
But our friends in the oil, coal and gas industry have 5,795 gigatons of carbon on the books. Like the issue of oil drilling in Hermosa Beach. The classic slogan that Stop Hermosa Beach Oil movement has created, Keep Hermosa Hermosa” couldn’t be more right-on, because over the years Hermosa has been kept Hermosa.
Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.
The carbon capture process at the Scotford oil sands upgrader will capture about 35% of emissions. water vessels, the triethylene glycol dehydration unit, and. Quest would be the first application of CCS technology for an oil sands upgrading operation. —John Abbott, Shell’s Executive Vice President of Heavy Oil.
Shell Canada has started its commercial-scale Atmospheric Fines Drying field demonstration for managing tailings from its oil sands operations. Tailings are a mixture of fine clay, sands, water and residual bitumen produced through extraction processes used with surface mining production (i.e., Tags: Oil sands. Click to enlarge.
Chevron, GreenPex, Shell and NUNAOIL are awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 9 (“Umimmak”). NUNAOIL is the the only national oil company only in the Arctic; it participates in every license on behalf of the government of Greenland. Source: NUNAOIL.
Oil and gas services company Schlumberger defines artificial lift as any system that adds energy to the fluid column in a wellbore with the objective of initiating and improving production from the well. maglift de-waterers deeper mature wells, and supports retrofit installation through small diameter production tubing. ZiLift Ltd.
Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oil sands bitumen into synthetic crude that can be refined into fuel and other products. The BCS is well below hydrocarbon-bearing formations and potable water zones in the region.
Hess Corporation will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. The field lies in water depths ranging from 4,300 to 4,600 feet (1,311 to 1,402 meters). The development is estimated to cost $2.3 The development is estimated to cost $2.3
BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive. Earlier post.).
Growers have praised sorghum as an easy substitute for corn because it is easy to grow, uses less fertilizer and water and is tolerant to both heat and drought conditions. In addition, the residue from the harvest of sorghum grain can be used to produce biogas or as high quality animal feed.
Petrobras now operates more floating production platforms (including self-owned and chartered ones) than any other company in the world, according to Petrodata, a consulting firm that specializes in providing information about the global oil industry. First offshore systems.
The UT-led field study was a cooperative effort involving experts from the Environmental Defense Fund; Anadarko Petroleum Corporation; BG Group plc; Chevron; Encana Oil & Gas (USA) Inc.; In a liquids unloading, wells are cleared of water and other liquids that are inhibiting production.
Moored in waters 1,200 m (3,937 feet) deep, the P-61 completes the production system for the Papa Terra field, operating alongside the P-63 FPSO (floating production storage and offloading), commissioned on 11 November 2013. Papa Terra field is operated by Petrobras (62.5%) in partnership with Chevron (37.5%). API crude—i.e.,
Will be competitive at an oil price of $45 to $90 at their commercial date. This is coupled with the innovation seen in first-generation players to drive down costs, energy and water use, and GHG emissions. Accenture divided the technologies into three groups: Evolutionary. Technologies that stretch today’s assets and resources.
NREL performed dilute acid pretreatment and enzymatic hydrolysis of both NABC feedstocks (harvest residues from Catchlight Energy LLC (a 50:50 joint venture between Chevron and Weyerhauser, earlier post ) and corn stover from ISU) and shipped the hydrolysate to Amyris for testing. Fermentation of Lignocellulosic Sugars.
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