Chevron U.S.A.

Website

Linkedin


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

Engine No. 1, Chevron U.S.A., and GE Vernova are partnering to develop multi-gigawatt “power foundries”—co-located natural gas power plants and data centers—to address rising energy demands without burdening the existing grid. The project will initially deliver up to 4 GW across the Southeast, Midwest, and West U.S., using GE Vernova’s 7HA turbines with potential carbon capture and renewable integration. With an initial in-service target by 2027, this move reinforces Chevron’s expansion into power markets while securing reliable energy for AI-driven data center growth.


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 2024

Chevron Rig Report Nov 2024

Chevron Texas Air Permits 2023

Chevron U.S.A. Inc. Permit Summary


Chevron U.S.A. Inc. Operations Map (wells drilled 2023)

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Chevron News

Chevron to Lay Off 800 Employees in Midland, Texas as Part of Global Workforce Reduction

Chevron to Lay Off 800 Employees in Midland, Texas as Part of Global Workforce Reduction

Chevron Corporation (NYSE: CVX) has announced it will lay off nearly 800 employees in Midland County, Texas, according to a ...
Chevron’s Q1 2025: Efficiency Over Expansion in the Permian

Chevron’s Q1 2025: Efficiency Over Expansion in the Permian

Chevron’s Q1 2025 earnings report, combined with a detailed analysis of rig activity data, paints a clear picture of a ...
Triple-Frac: Chevron’s New Power Play in the Permian

Triple-Frac: Chevron’s New Power Play in the Permian

Chevron has begun scaling up a cutting-edge well completion strategy known as triple-frac, which fractures three wells at the same ...
Chevron Forms $525M Haynesville JV with TG Natural Resources

Chevron Forms $525M Haynesville JV with TG Natural Resources

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, has entered into a strategic joint venture with TG Natural Resources (TGNR) ...
Chevron and GE Vernova Power Up AI Data Centers with Natural Gas

Chevron and GE Vernova Power Up AI Data Centers with Natural Gas

As artificial intelligence (AI) continues its rapid expansion, one major challenge has emerged—powering the data centers that fuel its growth ...
Chevron CEO Mike Wirth on CNBC: Key Insights on U.S. LNG, Energy Demand, and the Future of Energy

Chevron CEO Mike Wirth on CNBC: Key Insights on U.S. LNG, Energy Demand, and the Future of Energy

Chevron CEO Mike Wirth recently appeared on CNBC’s Power Lunch with Brian Sullivan, where he shared his perspective on the ...
Chevron’s Permian Basin Strategy: Driving Efficiency and Production Growth

Chevron’s Permian Basin Strategy: Driving Efficiency and Production Growth

The Permian Basin continues to be a cornerstone of Chevron’s upstream strategy, with the company reporting nearly 18% year-over-year production ...
Chevron CEO Mike Wirth on the Permian Basin, Capital Efficiency, and AI’s Role in Energy

Chevron CEO Mike Wirth on the Permian Basin, Capital Efficiency, and AI’s Role in Energy

At the Atlantic Council’s annual board forum, Chevron Chairman and CEO Mike Wirth delivered insights into the energy industry's future, ...
Chevron and Shell Launch the Whale Project: A New Era for Gulf of Mexico Deepwater Production

Chevron and Shell Launch the Whale Project: A New Era for Gulf of Mexico Deepwater Production

Chevron Corporation and Shell plc have achieved a significant milestone with the launch of oil production from the Whale semi-submersible ...
Chevron Slows Permian Growth: A Shift Toward Profit Over Production

Chevron Slows Permian Growth: A Shift Toward Profit Over Production

Chevron Corp.’s decision to scale back production growth in the Permian Basin signals a pivotal moment for the U.S. shale ...

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