Greg Leveille
“Converting Innovation to Value” Panelist
Greg Leveille was ConocoPhillips’ Chief Technology Officer from March 1, 2016 through the end of January 2021.
In this and prior senior leadership roles, he profoundly influenced the direction of the company by having:
Led the organization that assembled ConocoPhillips’ acreage positions in the sweet spots of the Eagle Ford and Bakken unconventional reservoir plays between 2006 and 2009.
Predicted in February 2012 that U.S. oil production would grow rapidly enough to collapse global oil prices by the middle of the decade – a prediction that caused ConocoPhillips to develop a “Tidal Wave” planning scenario that nearly perfectly foretold actual events.
Helped influence ConocoPhillips to:
(i) adopt cost of supply as its primary investment decision criteria
(ii) focus on lowering cost of supply by vigorously pursuing technology advancements and other forms of innovation
(iii) sell high cost of supply assets.
Championed the use of data analytics and other digital technologies to further reduce cost of supply (in partnership with ConocoPhillips’ CIO).
Caused increased emphasis to be placed upon accelerated adoption of successful innovations, thereby reducing time to value realization.
Influenced ConocoPhillips’ response to the looming “Energy Transition”.
During his career with ConocoPhillips, Leveille represented the company at over 150 external events, including: (i) engagements with investors, Wall Street analysts, members of the U.S. Congress, and senior leaders of national oil companies, (ii) presentations at
industry conferences, (iii) ambassadorial roles for the industry at green energy forums, and (iv) participation in public and university outreach efforts.