Chevron began selling automotive fuels in Argentina in the first half of the 20th century. We began exploring for oil during the 1980s. After the deregulation of the fuels market in 1989, we expanded our exploration and marketing operations.
In 1999, we enhanced our presence in Argentina significantly with the purchase of Petrolera Argentina San Jorge S.A., a company with a history of successful exploration in the productive Neuquén Basin.
Chevron is a full partner in the Argentine economy. Oil production in Argentina is a significant source of employment and a major contributor to revenue for both the federal and the provincial governments.
Chevron and its employees have demonstrated a strong commitment to quality and safe operations. Chevron Argentina lubricants operations have been awarded several International Organization for Standardization certifications. And we have received awards for Best Production Operator and Best Environmental Performance from Tecnoil, a leading industry magazine.
Our technological advances continue to add wealth to the nation's knowledgebase. Chevron Argentina was the first company to acquire and interpret 3-D seismic data in Argentina, and more than 98 percent of our operated oil and gas production today comes from reserves discovered by our geologists.
Updated: March 2009