ExxonMobil Corp. and Chevron Corp. are both on course to grow production from the Permian basin by 10% this year, more than double the rate of their smaller rivals.
Chevron Reports Record Production in the Permian Basin Region
Chevron has announced that it achieved record production levels in the shale-rich Permian Basin region during the second quarter.
Chevron Seeking Buyer for Permian Basin Assets
Chevron is considering the sale of its oil and gas properties in Texas and New Mexico, which are estimated to be worth about $100 million.
Chevron to buy PDC Energy in $7.6 billion deal
Chevron Corp (CVX.N) said on Monday it would acquire PDC Energy Inc (PDCE.O) in an all-stock transaction for $7.6 billion
Exxon and Chevron Embrace Growth With Capex Hike
XTO Energy ranks #3 in wells drilled in 2022 with 333 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Chevron U.S.A. ranks #12 in wells drilled in 2022 with 145 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Chevron to boost permian oil production
Chevron has raised its 2022 production forecast in the Permian Basin to between 700,000 and 750,000 barrels of oil-equivalent per day, a more than 15% year-over-year increase. The basin is a vast oil and gas region spanning parts of west Texas and southeastern New Mexico.
Chevron and Restore the Earth Foundation agree to collaborate on carbon offsets reforestation project in Louisiana
Chevron U.S.A. Inc., through its Chevron New Energies division, and Restore the Earth Foundation, Inc. announced agreement for a reforestation project for up to 8,800 acres of property in St. Charles Parish, Louisiana.
Chevron Hayhurst New Mexico Solar project generate 20 megawatts of energy
The project, known as the Hayhurst New Mexico Solar project, is expected to include 55,000 solar panels, which will generate 20 megawatts of energy to serve Chevron’s electrical load needs in the Permian Basin.
Chevron CEO Warns of High Energy Prices
Chevron, the second-largest Western oil major projects higher oil & gas prices
Chevron, Enterprise Explore Carbon Storage Business Opportunities
Chevron to evaluate opportunities for carbon dioxide capture, utilization, and storage from their respective business operations in the US Midcontinent and Gulf Coast
