• CERAWEEK 2025 | March 10-14, 2025
  • CERAWEEK
  • March 10 - 14, 2025

Elizabeth Schwarze

Chevron Corporation

Vice President, Global Exploration

Elizabeth Schwarze, Vice President, Global Exploration, Chevron Upstream, assumed this role in Houston in April 2018. She is responsible for Chevron’s worldwide exploration program. Ms. Schwarze chairs the company’s Global Exploration Leadership Team, is a Member of Chevron’s Management Committee and Upstream Leadership Team. She joined Chevron in 1990 as a Development Geologist in the Gulf of Mexico and has held positions of increasing responsibility in the areas of exploration, reservoir management, finance, and business planning. From 2013 to 2014, Ms. Schwarze served as the Division Manager of Exploration and Reservoir Characterization Services for Chevron’s Energy Technology Company in Houston. From 2014 to 2016, she was General Manager of Exploration for Chevron Asia Pacific Exploration and Production Company, based in Singapore, and immediately prior to her current role, she was General Manager of Exploration for Chevron Africa and Latin America Exploration and Production Company in Houston. Ms. Schwarze holds a bachelor’s degree from Duke University, a master’s degree from The University of Texas at Austin, and an MBA from Tulane University.


Sessions With Elizabeth Schwarze

Tuesday, 10 March

  • 11:30am - 12:30pm (CST) / -

    Maturing Basins: Top attraction for E&P Growth?
    Upstream Oil & Gas

    E&P players have focused on exploiting maturing basins in recent years, as lower commodity prices favor existing operations and known petroleum systems that may offer lower-cost production and application of innovative practices and new technologies. Maturing basins in many cases offer significant upside in conventional and unconventional resource exploitation and exploration. Such basins can provide a mix of investment opportunities to suit all, with smaller, short-cycle and brownfield investments and traditional greenfield projects. What are the key technical or commercial ingredients for success in developing maturing basins? What parameters drive the attractiveness of maturing basins within the portfolio of a major E&P company or for a new entrant, in a price and carbon-constrained world? How best to innovate to exploit the basins and fields as they start to decline? Does that phase require new ownership and operating practices?