powerhouse
of energy

Accounting for 45% of the oil production and 20% of the natural gas production in the United States—the Permian Basin stretches about 250 miles wide and 300 miles long across west Texas and Southeast New Mexico.

learn more about the permian basin

get the facts Chevron is one of the largest net acreage leaseholders and one of the largest producers in the Permian.

view the fact sheet

at a glance

chevron net acres in the
Permian Basin

~2.1MM

crude oil net barrels daily average production from Chevron in 2023

359K

daily average of unconventional natural gas production from Chevron in 2023

1,318MM

technology helps unlock permian basin potential

Advancements like horizontal drilling and hydraulic fracturing helped transform production in the region. These techniques turned the Permian Basin into one of the world's most prolific sites.

discover more permian basin technology
Chevron worker using Permian Basin technology

take a deeper dive

Chevron worker