1. Do some Internet research on Chevron’s use of seismic imaging technology. Briefly explain how it works and how it has helped Chevron discover new oil and gas reservoirs.
Seismic imaging is a tool that reflects the waves off the underground rock structures to show the possible crude oil and natural gas that are present underneath. People use the ultrasensitive devices that is called as geophones to capture the sound waves as they echo underneath the earth. So by studying those echoes, petroleum geologists find to calculate the depth and the structures of the buried geological formations.
Chevron's proprietary seismic imaging technology helped the company achieve an exploration discovery rate of 66 percent in 2014. This technology allows Chevron scientists to see beneath the earth's surface more clearly and accurately than ever …show more content…
Why is it increasing most important for a CIO or IT executive who oversees geographically distributed enterprise networks to be business literate?
Chief information officer (CIO) is an executive job title commonly given to the person at an enterprise in charge of information technology (IT) strategy and the computer systems required to support an enterprise's objectives and goals.
The CIO role was primarily a technical job. As the storage, transmittal and analysis of electronic information became more important to industries of all types, CIOs have come to be viewed as key contributors to formulating strategic goals. In many companies, CIOs report directly to the chief executive officer, and at some companies, the CIO sits on the executive board. An important component of the CIO role is to educate executive management and employees on the business value and risk IT systems hold for an enterprise.
Because of their increased strategic responsibilities, CIOs in large organizations typically will delegate the oversight of day-to-day IT operations to a technology deputy and rely on a team of specialists to manage specific areas of
Seismic imaging is a tool that reflects the waves off the underground rock structures to show the possible crude oil and natural gas that are present underneath. People use the ultrasensitive devices that is called as geophones to capture the sound waves as they echo underneath the earth. So by studying those echoes, petroleum geologists find to calculate the depth and the structures of the buried geological formations.
Chevron's proprietary seismic imaging technology helped the company achieve an exploration discovery rate of 66 percent in 2014. This technology allows Chevron scientists to see beneath the earth's surface more clearly and accurately than ever …show more content…
Why is it increasing most important for a CIO or IT executive who oversees geographically distributed enterprise networks to be business literate?
Chief information officer (CIO) is an executive job title commonly given to the person at an enterprise in charge of information technology (IT) strategy and the computer systems required to support an enterprise's objectives and goals.
The CIO role was primarily a technical job. As the storage, transmittal and analysis of electronic information became more important to industries of all types, CIOs have come to be viewed as key contributors to formulating strategic goals. In many companies, CIOs report directly to the chief executive officer, and at some companies, the CIO sits on the executive board. An important component of the CIO role is to educate executive management and employees on the business value and risk IT systems hold for an enterprise.
Because of their increased strategic responsibilities, CIOs in large organizations typically will delegate the oversight of day-to-day IT operations to a technology deputy and rely on a team of specialists to manage specific areas of