Chevron Corporation CVX is taking a strategic step to unlock greater value from existing oil fields by licensing one of its proprietary enhanced oil recovery technologies to ZL Chemicals. The ...
Chevron has signed a technology licensing agreement with ZL Chemicals that will allow the chemical company to commercialize Chevron-developed surfactant technology under the Vantis™ brand for enhanced ...
Unconventional reservoirs typically yield less than 10% oil recovery. In the Permian basin, enhanced oil recovery (EOR) schemes include CO 2 injection, huff and puff, water injection, and, to a lesser ...
Since 2003 prompt and long-term oil prices have been constantly climbing to levels ($70-90/bbl) that have caught many people by surprise. The erosion of large spare capacity in the oil chain and the ...