Chevron U.S.A.

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Website

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Address

6001 Bollinger Canyon Road

San Ramon, CA 94583

Phone

1 925.842.1000

Company Description

Chevron U.S.A. wears its name like a badge of honor. The company, the major US subsidiary of global oil and gas giant Chevron, oversees most of its parent’s US businesses. Its portfolio includes oil and gas exploration, production, and refining assets. It is also one of North America’s leading marketers of refined petroleum products (including diesel, gas, and motor oil). Chevron U.S.A operates a network of Chevron and Texaco gas stations across the US. Chevron U.S.A’s industrial customers purchase base and process oils as well as fuel and lubricant additives.

Chevron is one of the largest producers of oil and natural gas in the Permian. Our holdings total approximately 2.2 million net acres. Approximately 80 percent have either low or no royalty payments. That gives us a strong competitive advantage. In 2019, production in the Permian increased 44 percent over 2018. Forecasts call for continued double-digit growth. From 2015 to 2018, development and production costs decreased by approximately 40 percent, and well performance continues to improve.

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).