ConocoPhillips, Chevron invest in Ziebel

A SYSTEM that provides a "picture" for all depths in the wellbore simultaneously and in real time has helped draw $US10 million ($A11.4 million) in investment funding from major oil players.

ConocoPhillips, Chevron invest in Ziebel ConocoPhillips, Chevron invest in Ziebel ConocoPhillips, Chevron invest in Ziebel ConocoPhillips, Chevron invest in Ziebel ConocoPhillips, Chevron invest in Ziebel

The funding for Z-System developer Ziebel was secured from lead investor ConocoPhillips Technology Ventures, along with Chevron Technology Ventures and Energy Technology Ventures.

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