Chevron’s three paths to the future of energy resources and supply

In the early 2000s, many experts feared that the world was running out of oil and gas. Yet since then, energy supplies have grown. One reason for this is that companies are producing more from the resources they already have. Another reason is that they've become better at finding new opportunities, acquiring them and developing them.

At Chevron, that work now runs through three people. Kevin McLachlan, Chevron's vice president of Exploration, looks for what hasn't been found yet. Jake Spiering, Chevron's president of Corporate Business Development, looks for what can be acquired. And Ryder Booth, Chevron's chief technology and engineering officer, looks for ways to get more from what Chevron already has.

Together, they cover Chevron's three paths to resource growth: exploration, acquisitions and technology. Each plays a different role, but all three seek to answer the same underlying question: Which opportunities deserve continued investment? Their answers may help shape the world's energy supply for years to come.