Chevron Names Green President of N. America E&P
Steven W. Green has been named president of Chevron North America Exploration and Production, succeeding Jeff Shellebarger, who is retiring from Chevron after 38 years of service.Green will transition from his current role as president of Chevron Asia Pacific Exploration and Production to oversee the oil major's exploration and production activities throughout North America, including Canada, California, the Gulf of Mexico, Pennsylvania and the Mid-Continent region of the U.S.
Chevron Sells Geothermal Operations
Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron's Indonesian and Philippines Geothermal assets. "These assets deliver reliable energy to support the needs of Asia-Pacific's growing economies," said Jay Johnson, executive vice president, Upstream, Chevron Corporation. In Indonesia, Chevron subsidiaries operate the Darajat and Salak geothermal fields in West Java.
Neff Succeeds Moshiri at Chevron
Chevron Corporation has named Clay Neff president of Chevron Africa and Latin America Exploration and Production, effective January 1, 2017. Neff, 54, succeeds Ali Moshiri, who will retire from Chevron after 38 years of distinguished service, effective April 1, 2017, consistent with the company's mandatory retirement policy. Neff, who is currently managing director of Chevron's Nigeria Mid-Africa Business Unit, will oversee Chevron's exploration and production activities in 15 countries across Africa and Latin America.
Green Appointed President, Chevron Asia Pacific E&P
Chevron Corporation (NYSE:CVX) today named Stephen W. Green president of Chevron Asia Pacific Exploration and Production effective April 1, 2016. Green, 58, succeeds Melody B. Meyer who is retiring from Chevron after 37 years of distinguished service to pursue other opportunities, effective June 1. Green, who is currently corporate vice president of Policy, Government and Public Affairs, will oversee Chevron's exploration and production activities in nine countries across the Asia-Pacific region - a region with which he is very familiar.
Chevron Hits First Gas with Chuandongbei
Chevron Corporation announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuandongbei is one of the largest onshore gas projects developed by an international oil company and a national oil company in China. "First gas for the Chuandongbei Project represents a significant milestone and highlights Chevron's leadership in the development of sour gas resources," said Jay Johnson, executive vice president, Upstream.
Chevron Hits at Anchor Appraisal
Chevron Corporation today announced the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend. “The positive results of our appraisal work at Anchor indicate a significant discovery of potentially hub class scale,” said Jay Johnson, executive vice president Upstream, Chevron Corporation. The original Anchor discovery well, located in Green Canyon Block 807, approximately 140 miles (225 km) off the coast of Louisiana in 5…
Chevron's Kirkland to Retire
Chevron Corporation confirmed that George L. Kirkland, vice chairman and executive vice president, Upstream, will retire from the company, effective June 15. He will be succeeded by James W. (Jay) Johnson, as executive vice president, Upstream, effective June 16. Kirkland, 64, joined Chevron in 1974. He was named executive vice president of Upstream in 2005 and elected vice chairman in 2010. During his career he has held numerous assignments across the company’s worldwide operations…
Chevron Reaffirms Strategies and Growth Outlook
Chevron Corporation at the company’s annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its growth outlook through 2017. At the same time, company executives outlined near-term actions to address the recent decline in commodity prices. “The fundamentals of the oil and gas business remain attractive for our company and investors, as our products are vital to a growing world economy,” said John Watson, Chevron’s chairman and CEO.
Chevron Makes Oil Discovery in Deepwater US Gulf
Chevron Corporation announced an oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. We had one of our best years with the drill bit in 2014, reporting more than 30 discoveries worldwide and adding an estimated one billion barrels of new resources to our holdings…
First Oil From Jack/St. Malo Project in the Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is a key part of Chevron's strong queue of upstream projects and was delivered on time and on budget. The Jack and St. Malo fields are among the largest in the Gulf of Mexico. They were discovered in 2004 and 2003, respectively, and production from the first development stage is expected to ramp up over the next several years to a total daily rate of 94…
Tubular Bells Development Produces First Oil
Chevron Corporation announced that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 135 miles (217 km) southeast of New Orleans, in approximately 4,300 feet (1,310 m) of water in the Mississippi Canyon area. The discovery well was drilled in 2003, and project construction began in October 2011. Tubular Bells is expected to deliver total production of approximately 50,000 barrels of oil-equivalent per day producing from three wells.
Chevron - First Gas from Bangladesh Bibiyana Project
Chevron Corporation today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The project included an expansion of the existing gas plant to process increased natural gas volumes from the Bibiyana Field, additional development wells and an enhanced gas liquids recovery unit. The project is expected to boost Chevron-operated natural gas production capacity in Bangladesh by more than 300 million cubic feet per day to 1.4 billion cubic feet per day.
Chevron Sanctions Stampede Project
Chevron Corporation announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform. The project design capacity will be 80,000 barrels of crude oil per day. Project cost is expected to be approximately $6 billion.
Chevron Finds Oil in Deepwater US Gulf of Mexico
Chevron Corporation today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands, Chevron said. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet. "The discovery further demonstrates Chevron's exploration capabilities," said George Kirkland, vice chairman and executive vice president, Upstream, Chevron Corporation.
