The Chevron Corp. Permian Trove Is Changing U.S. Shale

An electronic sign displays the number of oil rigs operating in the U.S. and the Permian Basin outside an office building in downtown Midland, Texas, U.S., on Thursday, March 1, 2018. Chevron, the world's third-largest publicly traded oil producer, is spending $3.3 billion this year in the Permian and an additional $1 billion in other shale basins. Its expansion will further bolster U.S. oil output, which already exceeds 10 million barrels a day, surpassing the record set in 1970. Photographer: Daniel Acker/Bloomberg via Getty Images
An electronic sign displays the number of oil rigs operating in the U.S. and the Permian Basin outside an office building in downtown Midland, Texas, U.S., on Thursday, March 1, 2018. Chevron, the world's third-largest publicly traded oil producer, is spending $3.3 billion this year in the Permian and an additional $1 billion in other shale basins. Its expansion will further bolster U.S. oil output, which already exceeds 10 million barrels a day, surpassing the record set in 1970. Photographer: Daniel Acker/Bloomberg via Getty Images
The Chevron Corp. Permian Trove Is Changing U.S. Shale
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Bloomberg / Contributor
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929798514
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Bloomberg
Date created:
01 March, 2018
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Bloomberg
Object name:
CHEVRON PERMIAN
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