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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Chevron’s Permian production sets record of 772,000 boed for 2Q

July 25, 2023 by PBOG

San Ramon, Calif.-based Chevron said Sunday in a quarterly earnings preview that its production in Permian Basin in second quarter increased 11 percent over 2022Q2 to 772,000 boed.  Chevron said it was a quarterly record for the company.  Early 2023 performance of company-operated assets is on track with fullyear guidance.  Chevron previously said it allocated more than $4 billion to Permian Basin development in 2023.

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