Richard Jackson

Occidental

President Operations, U.S. Onshore Resources and Carbon Management

Richard Jackson is U.S. Onshore Resources and Carbon Management–President, Operations. Mr. Jackson leads the development and operations of Occidental’s U.S. onshore oil and gas businesses while continuing to advance the company’s Low Carbon Ventures technology development and business models. His responsibilities include accelerating subsurface and operational innovation, delivering value-added resource development and progressing low-carbon business value. Most recently, Mr. Jackson was President and General Manager, EOR and Oxy Low Carbon Ventures, LLC. In this role, Mr. Jackson oversaw Occidental’s use of carbon dioxide (CO2) in enhanced oil recovery (EOR), primarily in the Permian Basin, where the company has more than 40 years of experience and is a worldwide leader in CO2 management. He also led Oxy Low Carbon Ventures, LLC, the Company’s wholly owned subsidiary advancing leading-edge, low-carbon technologies and business solutions that economically grow our business while reducing emissions. With more than 20 years in the oil and gas industry, Mr. Jackson has significant expertise in worldwide oil and gas project development, technology and business management. His previous roles include Senior Vice President, Operations Support; Vice President, Investor Relations; President and General Manager for Permian Resources–Delaware Basin; and Vice President of Drilling Americas. He began his career with Occidental in Qatar, where he held key leadership roles in drilling and completions. Previously, Mr. Jackson held various engineering roles for ExxonMobil in the United States and Gulf of Mexico. Mr. Jackson serves on the Oil and Gas Climate Initiative’s Climate Investment Board and on the American Petroleum Institute’s Upstream Committee. He is also chairman of 1PointFive, a development company formed to finance and deploy Carbon Engineering’s Direct Air Capture technology. A graduate of Texas A&M University, he holds a Bachelor of Science in Petroleum Engineering.

Sessions With Richard Jackson

Wednesday, 3 March

  • 11:35am - 12:05pm (CST) / 03/mar/2021 05:35 pm - 03/mar/2021 06:05 pm

    Plenary

    The Case for Carbon Removal Technologies

    Panel Power & Renewables Clean Tech Innovation & Technology Energy Transition/Climate & Sustainability

    Some analysts argue that GHG emissions will turn out to have peaked in 2019. However, even if the tipping point has been reached, the rate of emissions reductions is slow and the accumulated concentration of GHG in the atmosphere is already high. It is doubtful that emissions reductions alone will bring the world in line with the ambitions of the Paris Accord. The realization of this sobering fact has led to increased interest in carbon removal technologies, including nature-based solutions; carbon capture, use, and sequestration (CCUS); and direct air capture. But carbon removal faces many challenges, including scale, costs, lack of public support, and issues with measurement, reporting, and verification. How viable is carbon removal technologically? Could it ever become economic? What technology breakthroughs are required? What policy support could accelerate deployment?