chevron at a glance
Chevron is one of the world’s leading integrated energy companies. We explore for, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemicals and additives; and develop and deploy technologies that enhance business value in every aspect of the company’s operations. Our success is driven by a dedicated, diverse and highly skilled global workforce, united by the vision, values and strategies of The Chevron Way and a commitment to deliver industry-leading results and superior stockholder value in any operating environment. We operate responsibly, applying advanced technologies, capturing new high-return opportunities, and producing returns in a socially and environmentally responsible manner. We take great pride in enabling human progress by developing the energy that improves lives and powers the world forward.
sales and other
2. At December 31, 2017
3. For definition of “reserves,” see Glossary of Energy and Financial Terms
driven by innovations in well design and applications of new technology
Chevron’s industry-leading shale and tight rock position in the Permian Basin of West Texas and southern New Mexico exceeded expectations in 2017, increasing production by 35 percent over 2016.
the permian basin is one of the most prolific oil and natural gas geologic basins in the United States
billion barrels of net unrisked oil-equivalent Permian Basin resources in 2017
million net acres in the Permian Basin
permian unconventional production
average net oil-equivalent barrels per day in 2017