Chevron eyes 900,000 b/d from Permian by yearend 2023
OGJ Production NewsChevron said an advantaged portfolio supported by the Permian basin underlies its expectation of strong production growth with lower execution risk, cash flow growth, and disciplined spending over the next 5 years. Chevron is among a group of oil and gas companies looking to increase Permian activity. Most recently, ExxonMobil announced plans to increase its Permian basin production to 1 million boe/d by as early as 2024.
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