Website
Address
6001 Bollinger Canyon Road
San Ramon, CA 94583
Phone
1 925.842.1000
Company Description
Chevron plans to lay off 15-20% of its global workforce by 2026 as part of a $3 billion cost-cutting effort amid production challenges and weak refining margins. The company’s $53 billion acquisition of Hess remains uncertain due to ExxonMobil’s legal challenge, while its oil and gas reserves have hit a decade-low. Chevron is restructuring its business, slowing spending, and shifting focus toward digital and asset efficiency to stay competitive.
Recent News
Chevron (NYSE: CVX) completed its $53 billion acquisition of Hess (NYSE: HES) after a favorable arbitration ruling from the International Chamber of Commerce (ICC) in Paris, overcoming ExxonMobil’s (NYSE: XOM) challenge related to preemption rights in Guyana.
Operations
Chevron U.S.A. Inc. ranks #2 in wells drilled in 2023 with 639 wells drilled in the US
Permian Basin
Midland County, TX ranks #1 in the state for BOE produced in the most recent month (Jun 2022).
Reeves County, TX ranks #2 in the state for BOE produced in the most recent month (Jun 2022).
Culberson County, TX ranks #10 in the state for BOE produced in the most recent month (Jun 2022).
Eddy County, NM ranks #2 in the state for BOE produced in the most recent month (Jul 2022).
Lea County, NM ranks #1 in the state for BOE produced in the most recent month (Jul 2022).
Rocky Mountains
Weld County, CO ranks #1 in the state for BOE produced in the most recent month (Oct 2023).
Bakken
Mountrail County, ND ranks #4 in the state for BOE produced in the most recent month (Oct 2023).
Williams County, ND ranks #3 in the state for BOE produced in the most recent month (Oct 2023).
Permit Download Center
Chevron Wells Drilled 2025
Chevron Rig Report June 2025
Chevron Texas Air Permits 2023
Chevron U.S.A. Inc. Permit Summary
Chevron U.S.A. Inc. Operations Map (wells drilled 2023)
Click map to view in google maps
Chevron News
The Top 5 Things Chevron Will Focus On for the Remainder of 2025
Chevron Expands U.S. LNG Commitments with New 20-Year Deal at Lake Charles
Chevron Bets Big on Lithium in the Smackover Formation
From Speed to Intelligence: How Chevron Is Redefining Shale Completions
Chevron to Lay Off 800 Employees in Midland, Texas as Part of Global Workforce Reduction
Chevron’s Q1 2025: Efficiency Over Expansion in the Permian
Triple-Frac: Chevron’s New Power Play in the Permian
Chevron Forms $525M Haynesville JV with TG Natural Resources
Chevron and GE Vernova Power Up AI Data Centers with Natural Gas
Chevron CEO Mike Wirth on CNBC: Key Insights on U.S. LNG, Energy Demand, and the Future of Energy
Oil & Gas Account Lists
Oil & Gas Operators
