Skip to main content Exploration A Decade of Success – Chevron Corp Investor Presentation | Shale Experts
Loading...

Exploration A Decade of Success – Chevron Corp

Chevron Corp · Mar 30, 2011 · 26 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Exploration A Decade of Success – Chevron Corp – slide 1
    Exploration A Decade of Success Bobby Ryan Vice President, Global Exploration Howard Weil Energy Conference New Orleans, Louisiana March 30, 2011 2011 Chevron Corporation
  2. Exploration A Decade of Success – Chevron Corp – slide 2
    Chevrons Safety Culture Total Days Away From Work Rate 2004 2010 0.20 Do it safely or not at all. 0.15 There is always 0.10 time to do it right. 0.05 0.00 2004 2005 2006 2007 2008 2009 2010 2011 Chevron Corporation 3
  3. Exploration A Decade of Success – Chevron Corp – slide 3
    A Strong Worldwide Portfolio 770 MBOED 710 MBOED 2010 Net Production Capacity by Region North America Europe, Eurasia and Middle East 2.9 MMBOED 2010 Proved Reserves by Region 700 MBOED 720 MBOED Africa and Latin America…
  4. Exploration A Decade of Success – Chevron Corp – slide 4
    The Right Upstream Strategies Grow profitably in core areas and build new legacy positions through: Operational excellence Maximizing value of base business Selection and execution of major capital projects Superior exploration…
  5. Exploration A Decade of Success – Chevron Corp – slide 5
    A Disciplined Approach Exploration Strategy Technical excellence Focused and high-impact Risk-balanced global portfolio Benchmarked and competitive 2011 Chevron Corporation 7
  6. Exploration A Decade of Success – Chevron Corp – slide 6
    Global Exploration Portfolio Management Exploration Leadership Portfolio Performance Strategic and Business Unit Business Plans Leadership Functional Excellence 2011 Chevron Corporation 8
  7. Exploration A Decade of Success – Chevron Corp – slide 7
    Consistent Exploration Success BBOE % Success Rate Cumulative Resources 9.6 Resource Adds 47 (9 Year Average) Added From Exploration (9 Year Total) BBOE 10 8 6 4 2 0 2009 Key Discoveries 2002 2010 2010 Key Discoveries…
  8. Exploration A Decade of Success – Chevron Corp – slide 8
    Superior Exploration Performance Resource* Replacement Average Underlying Finding Costs* 2002 2009 2002 2009 Percent Replacement /BOE 3.25 89% 2.90 2.93 70% 68% 51% 1.83 1.85 38% 57% 32% Higher resource replacement than…
  9. Exploration A Decade of Success – Chevron Corp – slide 9
    Key 2010 Exploration Activities United Kingdom Turkey Canada Deepwater Gulf of Mexico Gulf of Thailand Nigeria Partitioned Zone Angola Northwest Australia Focus Areas Exploration Wells Appraisal Wells 2011 Chevron…
  10. Exploration A Decade of Success – Chevron Corp – slide 10
    2010 Deepwater Gulf of Mexico Activity 2011 Chevron Corporation 12
  11. Exploration A Decade of Success – Chevron Corp – slide 11
    Planned 2010 Activity Deepwater Gulf of Mexico TEXAS LOUISIANA Blind Tubular Faith Bells Genesis Lower Tahiti Knotty Head Te r t i a r y Oceanographer Miocene Caesar/Tonga Mad Dog Big Foot Coronado Moccasin…
  12. Exploration A Decade of Success – Chevron Corp – slide 12
    Moccasin Moccasin Today Water Depth: 6,730' Well Suspended: 24,529' Planned Depth: 30,737' Seismic not available for print Permit Approved U.S. Gulf of Mexico New Orleans Houston Moccasin 2011 Chevron Corporation 14
  13. Exploration A Decade of Success – Chevron Corp – slide 13
    Buckskin Buckskin Today Water Depth: 6,594' Appraisal Suspended: 6,997 Wide Azimuth Seismic Seismic not available for print Depth Migration Proprietary Earth Model U.S. Gulf of Mexico New Orleans Houston Buckskin…
  14. Exploration A Decade of Success – Chevron Corp – slide 14
    Buckskin Before Technology Advancements Buckskin in 2002 Narrow Azimuth Seismic Time Migration Without Chevrons Proprietary Earth Model Seismic not available for print U.S. Gulf of Mexico New Orleans Houston Buckskin…
  15. Exploration A Decade of Success – Chevron Corp – slide 15
    Australia Continued Exploration Success Discoveries 2009 2010 2011 Kentish Knock-1 Yellowglen-1 Orthrus-2 NORTHWEST Brederode-1 Achilles-1 SHELF Acme-1 Northwest Shelf Clio-3 LNG Facilities Satyr-1 Sappho-1 Clio-2 Gorgon…
  16. Exploration A Decade of Success – Chevron Corp – slide 16
    14 Million Acres In Portfolio Additions Canada Million Acres Beaufort Sea Romania (Chevron Net) Canada Poland China DW Atlas Black Sea Liberia Beaufort GOM Shelf Ultra-Deep China DW GOM Shelf DW GOM DW GOM Turkey Romania…
  17. Exploration A Decade of Success – Chevron Corp – slide 17
    Liberia Deepwater Cretaceous Play GUINEA SIERRA New play, new country LEONE CTE 2.4 million acres gross LIBERIA D'IVOIRE Monrovia New 3D seismic LB-14 LB-12 First well 2011 LB-11 AT L A N T I C O C E A N 2011 Chevron…
  18. Exploration A Decade of Success – Chevron Corp – slide 18
    China Pearl River Mouth Basin EAST CHINA SEA CHINA New play 5.2 million acres gross New 3D seismic Hong Kong First well 2011 VIETNAM 42/05 SOUTH 53/30 CHINA SEA 64/18 2011 Chevron Corporation 20
  19. Exploration A Decade of Success – Chevron Corp – slide 19
    Gulf of Mexico Shelf Ultra-Deep Gas Play Chevron Interest Chevron HBP Lease Bears Hump Davy Jones Chevron Primary New play, Term Lease Chevron Deepwater mature basin Lease 150,000 new acres gross Existing and new 3D seismic…
  20. Exploration A Decade of Success – Chevron Corp – slide 20
    Shale Gas Portfolio North America Haynesville Ongoing exploration 3D seismic acquired in 2010 Marcellus 486,000 acres net Currently operating 9 rigs Drill 70 wells in 2011 Canada 100% interest in 200,000 acres Drilling to…
  21. Exploration A Decade of Success – Chevron Corp – slide 21
    Shale Gas Portfolio International Poland 100% interest in four blocks 1.1 million acres Complete seismic program 2011 Drilling to start 2011 Romania 100% interest in four blocks 2.1 million acres 2011 Chevron Corporation 23
  22. Exploration A Decade of Success – Chevron Corp – slide 22
    Key 2011 Exploration Activities United Kingdom Canada Poland Marcellus GOM Shelf Deepwater Deep Gas China GOM Liberia Nigeria Gulf of Partitioned Thailand Zone Angola Brazil Northwest Australia Focus Areas Exploration…
  23. Exploration A Decade of Success – Chevron Corp – slide 23
    Gulf of Mexico Exploration 1983-1987 Norphlet Trend Exploration Plays 1950-Present Conventional Shelf 1975-1985 Flexure Trend 1985-1992 Deepwater Amplitude Basins 2011 Chevron Corporation 25
  24. Exploration A Decade of Success – Chevron Corp – slide 24
    Just When We Thought It Was Over Exploration Plays 1985-1992 Outer Shelf Subsalt 1995-Present Deepwater Subsalt 2011 Chevron Corporation 26
  25. Exploration A Decade of Success – Chevron Corp – slide 25
    Creativity and Technology Open New Plays Exploration Plays 1996-Present Carbonate Trend 2003-Present DW Norphlet 1999-2003 Deep Non-Amplitude Basins - Turtles 1998-Present 2006-Present Miocene Wilcox Inner Basins Fold…
  26. Exploration A Decade of Success – Chevron Corp – slide 26
    Exploration A Decade of Success

From the store

Browse maps, data & reports in the Shale Experts store