Exploration Is crucial To Our Business
We’re leaders in working in extraordinarily difficult environments, and we’ve major operations in among the world’s most necessary oil and fuel areas. Our Upstream enterprise combines innovation and the effective use of expertise to maximize mature fields, discover new resources and meet the world’s growing demand for energy. Via targeted investments and a constant deal with operational excellence, we’re developing the next technology of legacy producers.
providing vitality for progress
Exploration is essential to our business. Our focus areas are the deepwater U.S. Gulf of Mexico, offshore Western Australia, West Africa, and shale and tight useful resource performs within the United States and Canada, with exercise in different regions. In 2017, we plan to drill greater than 14 exploration and appraisal wells worldwide. Our technological capabilities are always evolving to satisfy these new challenges and play a pivotal role in bringing new useful resource opportunities and proved reserves into production by means of main capital projects.
Our robust venture portfolio is poised to bring important new sources to global markets.
diverse property and a world presence
Our portfolio spans throughout all types of power, and we have now a presence in all of the key basins all over the world. Exploring and producing in every of those regions presents thrilling opportunities to fulfill tomorrow’s complicated power challenges.
heavy crude oil under 60 oil
Applying our heavy oil technologies, we goal to recuperate billions of barrels already discovered, but traditionally beyond attain. After 50 years of pioneering in the sector, our investment in superior processing technologies has dramatically elevated recoverable reserves.
We’re a pacesetter in growing new applied sciences to faucet into the oil that lies deep beneath the ocean flooring. In promising areas worldwide, we navigate uncertain weather situations, frigid water and crushing strain to conduct deepwater drilling and seismic activities and maintain our robust position in the world’s key oil-producing areas.
A cleaner-burning and efficient power source, pure gas now accounts for about 22 percent of the world’s energy supply. And with natural fuel assets on six continents, we’re effectively positioned to satisfy escalating demand.
The world has monumental portions of pure gasoline, however much of it’s in areas removed from where the gas is required. We’re invested in each side of the production and protected transportation of liquefied natural gas in order crude oil under 60 that it might reach the world’s quickest-growing markets.
For more than 135 years, Chevron has been creating a number of the world’s most advanced crude oil fields. Our extensive mission portfolio supplies the muse for future growth.
Natural gasoline and crude oil from shale and tight rock are altering the worldwide energy supply landscape. We’re growing new sources in shale/tight formations in the United States, Argentina and Canada.
shale/tight resourceslearn more
Our Upstream operations span the globe. Study extra about exploration and manufacturing in the areas the place we operate.
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