chevron tech challenge:
in search of a step change in technology
chevron tech challenge
prize for top 3 solutions
from Chevron experts
potential funding/equity investment
field trial opportunity
at a Chevron site
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.
how does it work?
participants register and receive design specs
participants submit technology solutions
semifinalists participate in individual pitch sessions
produced water - unlocking a valuable resource
Chevron Technology Ventures is pleased to announce the final winners of the Produced Water Tech Challenge. Selected based on criteria that included reduction of waste streams, technology design and per-barrel cost, all three winners offer approaches that seek to reduce waste streams through sustainable business models. The winners are:
- Crystal Clearwater Resources of Frisco, Texas
- Mangrove Water Technologies of Vancouver, British Columbia
- Techverse of Cary, North Carolina
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:
- Minimal waste streams, minimal environmental footprint
- Beneficial reuse applications in oil and gas or other industries
- Variable operating envelope (temperature, flow, Total Dissolved Solids levels, etc.)
in case the technology is selected for a field trial, will chevron own the intellectual property (IP) that may result from field/operational development of the technology?
calls for solutions
Updated: November 2018