feature

chevron tech challenge:
in search of a step change in technology

chevron tech challenge

$$$

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prize for top 3 solutions

industry insights

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from Chevron experts

working together

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potential funding/equity investment

field trial opportunity

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at a Chevron site

current challenge:
produced water - unlocking a valuable resource

Technology challenge

Chevron is working with the U.S. Department of Energy to find technologies that can significantly decrease produced water management costs while reducing or eliminating waste streams. Technologies should at a minimum be demonstrated at a lab scale.

how does it work?

1

participants register and receive design specs

2

participants submit technology solutions

3

semifinalists participate in individual pitch sessions

4

winners announced

The Chevron Tech Challenge program is focused on identifying breakthrough technologies that can address business needs and further Chevron’s commitment to providing safe, affordable, reliable and ever-cleaner energy.

Tech Challenge

The Chevron Tech Challenge program is administered by Chevron Technology Ventures (CTV), which pursues innovative business solutions and externally developed technologies that have the potential to improve Chevron’s base business operations.

CTV identifies, assesses and champions the deployment and adoption of proven technologies across the enterprise.

faqs

A step change in technology is an innovative solution that when compared with current commercially available technologies can do one or more of the following:
significantly reduce costs, reduce complexity of operations, introduce flexibility of operations, convert waste to valued byproducts and other improvements.

Cost is one important driver, but there are a number of related value drivers we will consider, including:

  1. Minimal waste streams, minimal environmental footprint
  2. Beneficial reuse applications in oil and gas or other industries
  3. Variable operating envelope (temperature, flow, Total Dissolved Solids levels, etc.)
No. Chevron is looking for a turnkey service solution, and all IP will reside with the solutions provider. Chevron will not seek ownership or require exclusive access to IP provided on a turnkey service basis.
Yes, submissions will be accepted from any applicant who has 1) ownership of technology that has been demonstrated at a lab scale, 2) the legal right to represent the technology, and 3) the legal right to offer the technology at commercial scale now and in the future.
Yes, we expect only that your technology has been demonstrated in a lab setting. Current commercial technologies are also welcome. If you have nonconfidential field trial results, feel free to submit them with the other technical deliverables.

We understand that the estimating treatment costing can be complex and can incorporate many variables. One goal of a step change is to get the “all-in costs” within the range of approximately $0.40 to $0.75 per barrel. This cost range represents what we would pay the technology provider to manage the produced water.

How you achieve this is up to you, but you could include revenues, or “cost offsets,” in the form of providing the water for other uses, utilizing and selling water byproducts, and other out-of-the-box methods to extract value and reduce costs.

The solution may be confined to the oil and gas industry or may incorporate solutions from other industries and applications.

If you are applying to the Chevron Tech Challenge, achieving the cost targets currently is not a prerequisite, but you should be aware of this goal and be able to demonstrate that logic in your commercial deliverables.

Information submitted will be used for evaluation purposes only and will not be shared with anyone outside Chevron and the U.S. Department of Energy.
Yes, you can make updates or edits to your deliverables until the cut-off date, September 30, by emailing the changes to techchallenge@chevron.com.
Technology providers will be responsible for the end use/final destination of the produced water. You are encouraged to generate revenue from the sale of treated brine, clean water, and any other beneficial byproducts.

calls for solutions

digital:
coming soon

water:
accepting submissions august 1

water:
accepting submissions august 1

sensors:
coming soon

register

register

submissions

submissions

Updated: August 2018