Chevron U.s.a Inc

Bil - Geozone Enhanced Geothermal Systems (EGS) Pilot Project the Goal of This Project (project) Is to Develop an Enhanced Geothermal System (EGS) Pilot With an Injector Well and a Producer Well Connected by Fractures Generated Through Multizone Stimulation, Capable of Producing 5 Mwe. to Achieve These Project Goals, Chevron Will Apply Innovative Drilling and Stimulation Technologies That Have the Potential to Reduce Well Costs and Improve Thermal Efficiency Which Support the Doe Geothermal Technologies Office's (DOE) Geovision and Enhanced Geothermal Systems Energy Earthshot Goals, Including Advancing Quality Investment.

Committed

$11.9 Million

Paid to

Chevron U.s.a Inc

UEI FNQMKM6NN4L5

P.o. Box 6017, San Ramon, CA, 94583

Department of Energy

Place

HOUSTON, TX, UNITED STATES

TX-90

Performance

Jan 1, 2025 → Jul 31, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Energy

Renewable Energy Research and Development to

Chevron U.s.a Inc

Committed

$11.9 Million

Paid to

Chevron U.s.a Inc

UEI FNQMKM6NN4L5

P.o. Box 6017, San Ramon, CA, 94583

Department of Energy

Place

HOUSTON, TX, UNITED STATES

TX-90

Performance

Jan 1, 2025 → Jul 31, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗