CHEVRON CORPORATION close
subscribe to our newsletter to receive news and updates.
sign up now
newsroom
- newsroomhome
- topics topics
- alternative fuels
- emissions solutions
- our operations
- people and community
- press releases
- archive
- media
our operationschevron to boost permian oil production as demand for reliable energy grows
1 min read | june 16, 2022
Chevron plans to boost its production in the Permian Basin by greater than 15% this year as economic and geopolitical events underscore the importance of meeting society's expectations for energy security and cost efficiency as well as carbon reduction.
And as we help advance U.S. strategic objectives, we expect to reach one million barrels of oil equivalent per day in the region by 2025.
And as we help advance U.S. strategic objectives, we expect to reach one million barrels of oil equivalent per day in the region by 2025.
national industry leader
Our disciplined approach to bolstering production is matched by our focus on lowering the carbon intensity of our operations.
In the U.S., our onshore methane intensity is 85% lower than the U.S. industry average and our Permian carbon intensity is about two-thirds lower than the global industry average.
In the U.S., our onshore methane intensity is 85% lower than the U.S. industry average and our Permian carbon intensity is about two-thirds lower than the global industry average.
global approach
This reflects the pragmatic approach we're taking globally to deliver affordable, reliable, and ever-cleaner energy while investing in solutions that will help advance a lower carbon energy future.
Throughout Chevron's global upstream operations, we're producing energy at a carbon intensity well below the global industry average and are in the top quartile of all oil and gas producers.
Throughout Chevron's global upstream operations, we're producing energy at a carbon intensity well below the global industry average and are in the top quartile of all oil and gas producers.
topics covered
- our operations
- emissions solutions
related content
- lower carbon factors into facilities design
emissions solutionsjune 03, 2022
- customers fuel up for carbon offsets
emissions solutionsmay 31, 2022
- carbon capture and storage project in california takes root
emissions solutionsmay 23, 2022
- US upstream operations reduce carbon intensity
emissions solutionsmay 19, 2022
view archive
chevron email updates
Subscribe to our newsletter to receive news & updates.
sign up for the newsletter
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Chevron Corporation published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 19:52:08 UTC.
