Chevron has appointed a new Vice President of Exploration, bringing proven success from outside the company. This is a welcome change, as the performance of most current exploration managers has been consistently poor. Teams such as ERT, Excellence Exploration, GOA, and New Ventures between others, have not delivered the technical or leadership standards required. To move forward, Chevron will likely need to replace most of its Chevron's managers—up to 80%—to ensure stronger results. With new leadership, better times for exploration are ahead.
9 replies (most recent on top)
Finally!
And, yeah, lose the risk aversion.
Gonna have to change the culture in Exploration as well. Ten years of "just look like you're doing something, we aren't drilling anyways" has created a whole generation of unmotivated and grossly inexperienced explorationists, not to mention completely risk averse. ERT is just paper-pushers, and a holding spot for high pots before being promoted to Staff or management positions. Exploration Excellence is an oxymoron in a company who has found nothing in a decade. GOA's only expertise is selling off properties.
@qf I love your sarcasm
Our MIT digital scholars will help us find more exploration successes. Just wait !
Im sure we will be able to recruit outside talent. Come work for a stagnant, unstable oil company that is offshoring jobs. Oh by the way, you dont get your own office.
Twas a joke m'lady
Open floor plans are a joke. People need personal space to concentrate instead of being distracted by movement and other people’s discussions. I was in an office that did this back in the early 90’s. It was a disaster then and will be a disaster now.
I think the open floor plans will really help us discover more oil
Exploration was a club for a long time. Chevron needs to do the same in RM. A total clean out is required.