Enhanced Oil Recovery

Field Development , Enhanced Oil Recovery

Pertamina Pushes EOR Project In Rokan Before Chevron’s Exit

The Indonesian company fears production from aging fields could slip further if EOR projects are not implemented.

August 27, 2019

Investment , Health, Safety & Environment , Emissions , Shale Plays , Enhanced Oil Recovery

Occidental Partnership To Build Permian Basin CO2 Removal Plant

Occidental Petroleum is partnering with Canada-based Carbon Engineering to build a new multimillion-dollar direct air capture plant in the Permian Basin.

May 23, 2019

Completions , Enhanced Oil Recovery

Placing A Priority On EOR

Shale’s lure of quick returns has put EOR on the bench, but some companies prefer the long game.

April 9, 2019

Private Equity , Investment , Enhanced Oil Recovery

Canadian CO2 Removal Firm Backed By Chevron, Occidental Secures Financing To Expand

Carbon Engineering has exceeded its financing target which will enable it to deploy its first commercial operation to remove CO₂ directly from the air.

March 22, 2019

Public Capital , People , Unconventional , Emissions , Shale Plays , Enhanced Oil Recovery

Occidental Petroleum CEO Vicki Hollub Aims To Be ‘Carbon Neutral’

Occidental Petroleum, the holder of the largest net acreage of drilling rights in the Permian Basin, pins hopes on EOR using captured greenhouse gases.

March 20, 2019

Investment , Emissions , Enhanced Oil Recovery , Acquisitions & Divestitures

BHP Buys Stake In Canadian Firm That Extracts Emissions From Atmosphere

BHP's equity stake in Canada's Carbon Engineering follows the investment of an undisclosed sum announced in January from Occidental Petroleum and Chevron.

March 5, 2019

Acquisitions & Divestitures , Unconventional , Crude Oil , Public Capital , Enhanced Oil Recovery , Emissions

HEADLINES: QEP’s Offer; Oil Majors Take Interest In Carbon Emissions

API’s CEO Mike Sommers said this generation is defined as “Generation Energy” because of the unprecedented dual achievement of meeting record world energy demand while driving record CO₂ emissions reductions.

January 10, 2019

Investment , Company Profiles , Unconventional , Enhanced Oil Recovery , Midstream

Chevron, Occidental Invest In Bill Gates-Backed CO2 Removal Technology

The Chevron and Occidental deal marks the first significant investment by energy groups into the technology developed by Carbon Engineering, a Bill Gates-backed start-up based in Canada.

January 9, 2019

Seismic , Enhanced Oil Recovery , Reservoir Evaluation

Researchers Release Study Results For Characterizing Unconventional Play Reservoirs

The field studies project, now in phase 17, seeks to advance geophysical research to explore new methods and technologies for better reservoir performance.

November 30, 2018

Field Development , Enhanced Oil Recovery , Renewables

Solar EOR Gains Steam In Oil Patch

Occidental Petroleum’s Oman subsidiary is among the latest companies that have inked agreements with GlassPoint Solar, a technology company that uses solar energy to create steam to power EOR.

November 15, 2018