Chevron joins SLB and TotalEnergies in a long-term digital subsurface technology collaboration. SLB and TotalEnergies initiated the partnership, named Arena, in 2024. Arena aims to develop next-generation technologies for reservoir engineering and geoscience. The collaboration seeks to improve decision-making for increasingly complex reservoirs. It combines SLB's digital expertise with partner operational knowledge.
Chevron contributes investment, intellectual property, and technical expertise to the project. The companies aim to accelerate new digital solutions and shorten feedback cycles. They achieve this by embedding operator experience into the development process. The expanded collaboration focuses on complex subsurface workflows and field development planning.