AI @ Chevron

Chevron achieves significant efficiency gains through AI, reducing drilling costs by 25-50%, increasing drilling speeds by 30%, and doubling well production per rig; early preparations for a digital future include bespoke AI training programs.

• Chief AI Officer: How Chevron Uses AI to Cut Drilling Costs by 50% and Double Well Production
• Oil & Gas Leads: Chevron's AI Bet: How an Oil & Gas Giant Is Building for the Digital Future

Chevron embarks on projects to supply natural gas-powered energy to AI data centers, partnering with Engine No. 1 and GE Vernova, while exploring AI-powered drone inspections with Percepto.

• Chevron: US Companies Make Bold Move to Power Nation's Data Centers
• The New York Times: Chevron Joins Race to Generate Power for AI
• Chevron: Chevron Uses AI to Bring Reliable Energy to Data Centers
• Reuters: Chevron to Build Gas Plants to Power Data Centers Amid AI Demand
• Military & Aerospace Electronics: Chevron, Percepto Study AI-Powered Drone Inspections
• Industrious Women Foundation: Chevron Bets on AI with Natural Gas Project
• Chevron: Natural Gas Is Helping Power the Use of Artificial Intelligence

AI applications increase profitability in the Permian Basin by optimizing oil extraction; Honeywell and Chevron begin strategic collaboration on AI-assisted refining solutions.

• Chevron: AI Boosts Profitability in the Permian Basin
• Honeywell: Honeywell and Chevron Collaborate on AI-Assisted Refining

Chevron adopts generative AI, digital twins, and robotics to analyze large datasets for exploration and worker safety; concurrent discussions emerge on the impact of Supreme Court rulings on AI regulation.

• VentureBeat: How Chevron is Using Generative AI to Strike Oil
• newlinesinstitute.org: How the U.S. Should Regulate AI After the End of Chevron Deference
• FedScoop: Chevron's Downfall Highlights Need for Clear AI Laws
• cset.georgetown.edu: The Death of the Chevron Doctrine Complicates U.S. AI Lawmakers

Collaboration agreement signed between Eliis and Chevron to develop AI algorithms for seismic data; also, Chevron's influence on AI policy and privacy regulations is noted.

• jpt.spe.org: Eliis and Chevron Collaborate on AI in Seismic Interpretation
• fpf.org: Chevron Decision Will Impact Privacy and AI Regulations

Chevron partners with Eliis to integrate AI technologies for enhanced seismic interpretation, aiming to improve geoscientific workflows.

• eliis-geo.com: Eliis and Chevron Partner to Revolutionize Seismic Interpretation

Focus on operational safety improvements through AI-driven digital twins and simulations, led by Chevron executive Ellen Nielsen.

• MIT Sloan Management Review: Operational Safety With AI: Chevron's Ellen Nielsen

Chevron joins the Responsible AI Institute and aims to integrate AI and machine learning across its value chain to increase efficiency, improve safety, and enhance environmental stewardship.

• aiexpert.network: Case Study: How Chevron Leverages AI for Operational Excellence
• responsible.ai: Chevron Joins Responsible AI Institute

Initial public disclosure of Chevron's AI initiatives highlighting the use of AI to support company business goals with two core use cases.

• emerj.com: Artificial Intelligence at Chevron